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Credit Card debt up, Vermont second lowest delinquency rate

Tue, 12/09/2008 - 8:00pm -- tim

CHICAGO, Dec. 10 /PRNewswire/ -- TransUnion.com released today the results of its analysis of trends in the credit card lending industry for the third quarter of 2008. The report is part of an ongoing series of quarterly consumer lending sector analyses focusing on credit card, auto loan and mortgage data that may be found on TransUnion's Web site.
Statistics

Kurt Wright to Announce Run for Mayor of Burlington

Tue, 12/09/2008 - 8:00pm -- tim

Republican Kurt Wright will announce his run for Burlington mayor this Thursday, December 11th in Contois Auditorum at Burlington City Hall beginning at 5:45pm.
Kurt Wright has served for eight years in the Vermont House of Representatives, and was just re-elected to a fifth term. In 2007 Burlington voters made Kurt, a four term city councilman, the first Republican president of the Burlington City Council in 20 years. We look forward to helping Kurt achieve a similar feat in this, his latest race!
 

New unemployment claims down for week

Tue, 12/09/2008 - 8:00pm -- tim

Week Ending December 06, 2008
There were 1,492 new regular benefit claims for Unemployment Insurance last week, a decrease of 331 from the week before. Altogether 11,960 new and continuing claims were filed, 1,332 more than a week ago and 4,496 more than a year earlier. In addition, the Department processed 1,719 claims for benefits under Emergency Unemployment Compensation, 2008, an increase of 575 from last week.
The Unemployment Weekly Report can be found at:
http://www.vtlmi.info/

<p>Northern Power names new Chief Executive Officer

Tue, 12/09/2008 - 8:00pm -- tim

Northern Power names new Chief Executive Officer
Company embarks on aggressive growth strategy following $50 million fundraising
BARRE, VT - December 8, 2008 - Northern Power Systems, Inc, a next-generation wind energy company, has announced that John P. Danner has been appointed President and Chief Executive Officer. This appointment marks a significant step in Northern's transformation into a major commercial force in the wind power industry.

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