Current News

Vermont Business Magazine State Treasurer Beth Pearce joined with Governor Phil Scott on Thursday to recognize student achievement in the “Reading is an Investment” program and the “Be Money Wise” financial literacy poster contest. Both programs are administered by the Treasurer’s Office to engage student interest in money management skills

“Teaching Vermont’s children about financial concepts will help them achieve a lifetime of financial well-being,” said Treasurer Pearce. “Too many Americans lack the knowledge and skills to manage their money. The Treasurer’s Office’s programs provide teachers, librarians and parents with tools to teach important concepts like setting goals, saving and investing. I am proud of the Vermont students who use these programs to expand their academic horizons.”

Vermont Business MagazineSaint Michael's College is hosting an online information sessionto showcase the benefits of its Accelerated Summer College (ASC), established for college students to take courses at significantly reduced tuition. Through the ASC, students can complete one course or up to an entire semester in just one summer.Kellie Campbell, director of the Accelerated Summer College, explains, "St. Mike's created the Accelerated Summer College as a way for students to graduate on time – no matter if they study abroad, double major, or have difficulty in some classes. Ambitious students who take full advantage of it can even graduate early, thereby saving significant money."

Vermont Business Magazine FirstLight, a leading fiber-optic bandwidth infrastructure services provider operating in the Northeast, announced today a long-term dark fiber contract with a major wireless carrier for the implementation of a new metropolitan CRAN ring throughout Manchester, NH, Biddeford, ME and Burlington, VT. The fiber networks are purpose-built to support additional small cell deployment capabilities across smaller, Tier 2 and 3 markets throughout this region. In addition, FirstLight's soluti ons are now available to enterprise customers along these newly built routes.

Vermont Business Magazine Senator Patrick Leahy (D-Vermont) delivered a shorter version of the speech below on the Senate Floor yesterday, in the run up to today’s votes on the nomination. The cloture motion to shut off further debate failed in a vote of 55 to 45 [60 votes are required for cloture]. Majority Leader McConnell then invoked the so-called “nuclear option” to change the Senate rules on cloture for Supreme Court nominees, so they can be confirmed with simple majority votes and not the current 60-vote threshold. Leahy opposes the nomination and also voted against cloture. A vote of the full Senate on the nomination of Judge Neil Gorsuch for the US Supremem Court is expected Friday.

Statement Of Senator Patrick Leahy (D-Vt.)

On The Nomination of Judge Neil Gorsuch

April 5, 2017

Vermont Business Magazine Twenty entrepreneurs throughout the state have been selected to participate in a free business course starting April 21 at Vermont Technical College in Williston. Emerging Leaders is a Small Business Administration training program specifically tailored for entrepreneurs looking to grow their small businesses. The program includes approximately 100 hours of classroom time, connects small business owners with a network of industry experts and peers, and assists with the creation of a three-year strategic growth action plan.

Vermont Business Magazine Attorney General Thomas JDonovan, Jr, joined a coalition of 16 Attorneys General in filing an amicus brief with the USCourt of Appeals for the Sixth Circuit, challenging an Ohio state law that would defund Planned Parenthood and other health service providers that perform or promote abortions. The attorneys general argue that the Ohio law violates the First Amendment and Due Process Clause. The law unconstitutionally prohibits state funding of health care providers that perform abortions. This infringes on plaintiffs’ right to free speech, plaintiffs’ right to provide access to abortion services, and their clients’ right to receive such services.

Attorney General Donovan said: “Women have a constitutional right to make their own healthcare decisions. Health care providers should not be forced to choose between honoring women’s constitutional rights and continuing to provide other essential health services.”

Vermont Business Magazine The Luxembourg-based owner of Vermont's Keurig Green Mountain has added another major US food brand to its portfolio with a $7.5 billion acquisition of Panera Bread Company. Panera (NASDAQ: PNRA) and JAB Holding Company announced Wednesday that the companies have entered into a definitive merger agreement under which JAB will acquire St Louis-based Panera for $315 per share in cash, including the assumption of approximately $340 million of net debt. JAB bought Keurig just over a year ago for $13.9 billion. JAB also has controlling stakes in Krispy Kreme Doughnuts and Peet's Coffee & Tea. JAB also owns a large stake in Jimmy Choo.

Vermont Business Magazine Senator Patrick Leahy (D-Vermont) and Senator Bernie Sanders (I-Vermont) joined Senator Edward J Markey (D-Mass) and other Senate Democrats in sending a letter Wednesday querying the nation’s largest broadband internet providers on their rules to protect the privacy and security of their subscribers. Their letter comes two days after President Donald Trump signed a Congressional Review Act (CRA) resolution formally rescinding the Federal Communications Commission’s (FCC’s) broadband privacy rules, which required broadband providers to get consent before sharing their subscribers’ sensitive information and adopt reasonable data security protections. Without these broadband privacy rules in place, the senators contend, broadband providers can use, share, and sell Americans’ sensitive information about their health, finances, and families without permission.

Vermont Business Magazine Three unique Vermont wetlands are now being classified as ‘Class I’ wetlands, a designation that places extra protections on wetlands with exceptional ecological features. The three wetlands receiving Class I designations are the Sandbar wetlands (Milton and Colchester), Dennis Pond wetlands (Brunswick), and Chickering Fen (Calais).

Vermont Business MagazineThe University of Vermont has received its second Gold rating from STARS, the Sustainability Tracking, Assessment and Rating System for higher education. The university’s score of 70.87 placed it among the top 12 percent of all rated institutions. The Gold rating is valid for three years.A program of the Association for the Advancement of Sustainability in Higher Education, STARS is the most widely adopted sustainability rating in higher education. Publications like the Princeton Review and Sierra draw on the data STARS compiles for their own college sustainability rankings.

Vermont Business Magazine The Vermont State Colleges System (VSCS) is pleased to announce the Direct Admissions program, which gives Community College of Vermont (CCV) graduates guaranteed transfer admission into Castleton University, Johnson State, Lyndon State or Vermont Tech, where students have the option of enrolling in one of nearly 50 bachelor’s degree programs, with more expected soon.

Direct Admissions represents the VSCS’s commitment to making higher education accessible and flexible for all Vermonters. The program allows students to save both time and money, eliminate the uncertainty of the transfer process, benefit from the support of two partnering institutions, and complete two degree programs.

Vermont Business Magazine OnSaturday, May 6, fromnoon to 6 pm, Southern Vermont College (SVC) will host the 2nd Annual BATS Trail Mix Event. This year, SVC students in the Sports, Recreation and Tourism Management program will once again partner with Bennington Area Trail System (BATS) to promote awareness, access and safe usage of our area trails.

Bennington was voted Runner Up for “Best Sports Town” in Vermont in the recent Vermont Sports issue. According to the Vermont Trails and Greenway Member Organizations, last year Vermont trail systems recorded nearly 410,000 visitors. On average, 61 percent of trail users were from out of state and spent around $440 per visit. The 2015 to 2016 season noted $30.8 million in total annual economic activity supported by trail users. The SVC and BATS partnership is in its early stages, yet data indicates that trail system growth can be a driver for our local economy.