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Swine flu precautions urged for travelers

Tue, 04/28/2009 - 9:55am -- tim

In light of the current threat of swine influenza in Mexico and certain US states, the Vermont Chamber Hospitality Council is urging Vermont s tourism industry to remain alert to the symptoms of the flu, while realizing that health officials are taking all necessary steps to help treat those individuals and contain the disease before it spreads.  Of the 64 cases identified nationwide, there have been no deaths reported from this influenza strain in Vermont or the US.

Welch seeks 18 percent cap on credit card interest rates

Tue, 04/28/2009 - 9:52am -- tim

US Rep. Peter Welch announced Tuesday he will seek an amendment to the Credit Cardholder s Bill of Rights that would cap credit card interest rates at 18 percent. Welch announced the amendment at a Capitol Hill press conference Tuesday morning alongside two cosponsors, Rep. Maurice Hinchey (D-NY) and Rep. John Tierney (D-MA). The Credit Cardholder s Bill of Rights is expected to be voted on in the House of Representatives on Thursday.

UVM College of Medicine names William Jeffries new senior associate dean for education

Tue, 04/28/2009 - 9:49am -- tim

University of Vermont College of Medicine Dean Frederick C. Morin, M.D., has announced that following a national search, William B. Jeffries, Ph.D., has accepted the position of Senior Associate Dean for Education. Dr. Jeffries will assume this role on August 1, 2009, and will relocate to Vermont from Omaha, Nebraska, where he is the Associate Dean for Medical Education and Director of Academic Computing at Creighton University School of Medicine.

VEDA approves $8 million in economic development financing

Tue, 04/28/2009 - 9:45am -- tim

The Vermont Economic Development Authority (VEDA) has approved $8 million in financing to support economic development projects totaling $20 million throughout the state.
In this round of financing approvals, VEDA is pleased to help a number of Vermont businesses in their growth plans through direct lending, or by insuring working capital loans provided by local commercial lenders, said the Authority s Chief Executive Officer Jo Bradley. Also, several agricultural, educational, small business and energy conservation projects are receiving VEDA financing.

Economist David Hale to speak May 28th on 'Crawling out of Recession?'

Tue, 04/28/2009 - 9:29am -- tim

David Hale, a St. Johnsbury native, is one of the world’s leading economic consultants, with clients in the US, UK, Australia, South Africa, Japan, Hong Kong, and China, where he is chair of China OnLine. This is the sixth time that the Ethan Allen Institute has had the pleasure of presenting David Hale to the Vermont business and finance community and the general public, in what we hope will be the beginning of a series of such programs at the Sheraton Burlington.

Burlington's Miller Center gets $166,000 grant

Mon, 04/27/2009 - 9:27am -- tim

Rep. Peter Welch announced a $166,000 federal grant for the Robert Miller Community and Recreation Center Monday at a Burlington press conference with Mayor Bob Kiss.
The grant secured by Welch will support Burlington s transformation of the Gosse Court Armory into a multi-use community center with a gym, a community room, a teen center and other public space. The $1.2 million project also received funding from the City of Burlington, private donors and developer Robert Miller.

EPA approves revised superfund plan for Burlington's barge canal

Mon, 04/27/2009 - 8:58am -- tim

The EPA is moving forward with modifications to part of the underwater cap at the Pine Street Canal Superfund Site in Burlington, Vermont. The portion of the cap that was installed several years ago will be repaired and improved.  In 2006, EPA performed a Five Year Review of work previously performed at the Burlington site and found that some portions of the cap were leaking oil and coal tar.  The EPA and the Vermont Department of Environmental Conservation will oversee the cap modification work.

Sammis family purchases Montague Golf Club in Randolph

Fri, 04/24/2009 - 10:10am -- tim

The Sammis Family has purchased the historic 18-hole Montague golf club in Randolph. Immediate plans are to upgrade the facility with a new entrance driveway and golf paths, 36 new Club Car golf carts and 36 new Amish-made swinging benches on all Men's and Ladies' Tees.  The  golf course is open to the public. More information is available at

$58 million shortfall called crisis by legislative leaders

Fri, 04/24/2009 - 10:01am -- tim

In response to a $58 million drop in state revenue forecasts, Speaker of the House Shap Smith met with Governor Douglas, Lt. Governor Dubie, and Senate President Pro Tem Peter Shumlin on April 27 to craft a joint solution to address budgetary challenges. Economists Jeff Carr, representing the administration, and Tom Kavet, for the Legislature, estimated that the state could fall $250 million into deficit in the next few years.

House resolution calls for mediation to head off 400 layoffs

Fri, 04/24/2009 - 9:37am -- tim

As the Douglas Administration began the process of laying off 30 state workers ahead of an expected 400 more, the Legislature passed a joint resolution today to send the process to mediation. The House passed the Joint Resolution, JRH 26, calling for the administration and the Vermont State Employees Association to enter into a formal mediation process to resolve differences regarding state payroll savings. 

Senate passes $455 million transportation bill

Fri, 04/24/2009 - 8:57am -- tim

On April 24, the Senate unanimously passed a $455 million Transportation bill that includes financial resources necessary to fix decaying transportation infrastructure around the state.  The bill includes a two percent tax on the wholesale price of gasoline and diesel, a provision that received broad bipartisan support.  Based on current fuel costs, this taxis expected to raise $12.8 million in FY10. 

Biotech Association warns legislation would make VT least friendly state for biotech and life sciences

Fri, 04/24/2009 - 8:56am -- tim

In testimony to the Legislature, New England Biotech Association (NEBA) has warned that a bill under consideration by the Vermont Legislature will create the most restrictive and onerous regulatory environment for biotechnology growth and development in both New England and the nation. The bill, 48/H. 270, would established stricter controls on interactions between the biopharmeceutical industry and health care professionals.