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AG: Opioid maker Teva agrees to up to $4.25 billion settlement

Wed, 07/27/2022 - 1:23pm -- tim

Vermont Business Magazine The Vermont Attorney General’s Office has reached an agreement in principle on key financial terms with opioid maker Teva, which would provide up to $4.25 billion to participating states and local governments. While critical details of the settlement remain the subject of ongoing negotiations, Teva disclosed the key financial terms in its earnings announcement yesterday. The Attorney General’s Office has been fighting to hold industry accountable for its role in promoting and profiting from the opioid crisis since 2017, when the Office began investigating opioid manufacturers and distributors. Since then, the Office has negotiated over $100 million in opioid settlements for Vermont. 

Norwich welcomes students from senior military colleges for Cyber Summer Immersion

Wed, 07/27/2022 - 1:18pm -- tim

Vermont Business Magazine Norwich University is hosting students and faculty from the Senior Military Colleges (SMC) for a week-long Cyber Summer Immersion this week. Twenty-seven cybersecurity students from four SMCs – University of North Georgia, The Citadel, Norwich, and Texas A&M – are spending the week on Norwich’s Northfield, Vermont campus for a deep immersion into cybersecurity-related topics. The weeklong event features lectures and exercises on Deepfakes, Information Operations, Intelligence and other cyber-related issues.

U.S. News names Rutland Regional Medical Center a High Performing hospital

Wed, 07/27/2022 - 12:34pm -- tim

Vermont Business Magazine U.S. News & World Report, the global authority in hospital rankings and consumer advice, has named Rutland Regional Medical Center as a 2022-2023 High Performing hospital for urology, hip fracture, hip replacement and knee replacement. These rankings recognize hospitals for providing care that was significantly better than the national average, as measured by factors such as patient outcomes. This is the highest award a hospital can earn for U.S. News’ Best Hospitals Procedures & Conditions ratings. Rutland Regional was the only hospital in Vermont to achieve high recognition for urology and knee replacement. 

Customers saved during heat wave with GMP’s energy storage programs

Wed, 07/27/2022 - 11:27am -- tim

Vermont Business Magazine During the recent hot weather as temperatures soared into the nineties across many parts of Vermont and New England, Green Mountain Power (GMP) partnered with customers to leverage innovative energy storage initiatives to reduce peak energy costs and carbon emissions, all while keeping customers comfortable during extreme heat. If last week stands as the New England peak, GMP’s pioneering and growing network of home batteries helped reduce about $1.2 million in costs for customers while cutting power demand during the intense heat.

Business is Blooming: Report from The Great Outdoors

Wed, 07/27/2022 - 11:02am -- katie

VermontBiz For residents and visitors alike, Vermont is an invigorating, scenic, and inviting destination for outdoor recreation…all year round. Behind the scenes, there is a thriving network of professionals and community organizations nurturing and growing the business side of outdoor recreation, fostering enjoyment and education for outdoor enthusiasts of every age and interest.

The Starting Point had a conversation with VtSBDC business advisor and outdoor recreation specialist Heidi Krantz about the climate of the industry for the summer of ‘22.

Montpelier, Burlington on-deck for Triple Play Job Fest Wednesday and Thursday

Wed, 07/27/2022 - 9:32am -- tim

Department of Labor, State Workforce Board continue job fairs

Vermont Business Magazine The Vermont Department of Labor and the State Workforce Development Board will host Triple Play Job Fest job fair events this week in Montpelier at Montpelier Recreation Field (Wednesday) and in Burlington at Centennial Field (Thursday). Job Fest events will be held in partnership with the Vermont Mountaineers and Vermont Lake Monsters.

HR awards call for nominations, due August 12

Wed, 07/27/2022 - 4:42am -- tim

Vermont Business Magazine The SHRM Vermont State Council is currently accepting nominations for the annual Human Resources Awards: The Dolly Shaw, Vermont Human Resources Professional of the Year Award and The Vermont Emerging Human Resources Professional of the Year Award. Nominations must be received no later than Friday, August 12. The 2022 award winners will be revealed and celebrated at the 2022 SHRM Vermont State Conference on September 22-23 at the DoubleTree by Hilton in South Burlington.

Agency of Transportation to host celebratory event for new Amtrak Ethan Allen service Friday

Wed, 07/27/2022 - 4:19am -- tim

Vermont Business Magazine The Vermont Agency of Transportation (AOT) will host a celebration on July 29 to mark the start of the expanded Amtrak Ethan Allen Express passenger rail service in Burlington, Ferrisburgh-Vergennes, and Middlebury. The inaugural service will be celebrated with refreshments and live music beginning at 8:30 a.m. at Union Station, followed by a series of remarks by state and federal officials. The event will culminate in a ribbon-cutting event and the boarding of the Ethan Allen Express at 9:50 a.m. The train will depart at 10:10 a.m., marking the beginning of normal service from Burlington to New York City and carrying invited guests and the first ticketed passengers.

The Community Sailing Center featured on CBS Morning Show

Wed, 07/27/2022 - 3:25am -- tim

Vermont Business Magazine In 2021 the Community Sailing Center launched its newest signature program, the Sailing Diversity Access Initiative, one that has received national attention. This initiative was borne out of the obligation and desire to foster a new generation of sailors to create a community that represents everyone on Lake Champlain, overcoming racial and socioeconomic barriers to the sport. The program offers children who identify as BIPOC between the ages of 11-15 a fully funded summer camp experience of up to 4 weeks, and the ability to return for up to 4 years or until they are of age to become a Junior Instructor!

VTrans solicits applications for Mobility and Transportation Innovation Grant Program

Tue, 07/26/2022 - 4:13pm -- tim

Vermont Business Magazine The Vermont Agency of Transportation (AOT) is now accepting grant applications for the FY 2023 Mobility and Transportation Innovation (MTI) Grant Program. The program is designed to support innovative strategies and projects that improve mobility and access to services for transit-dependent Vermonters, reduce the use of single-occupancy vehicles, and reduce greenhouse gas emissions. 

Condos reminds voters that the primary election is only two weeks away

Tue, 07/26/2022 - 4:09pm -- tim

Vermont Business Magazine Today Secretary of State Jim Condos reminded Vermonters that the Tuesday, August 9 Statewide Primary Election is only two weeks away and encouraged voters to formulate their voting plan. Those planning to return their ballot by mail are encouraged to get their voted ballot in the mail stream no later than Friday, July 29 to ensure ample time for it to be delivered to the Town Clerk before Election Day. Vermonters can also vote early, or return an early ballot, in person at their Clerk’s office any day before Election Day on August 9, during normal business hours. Secure drop boxes are available in many towns for voters to conveniently return their ballot packages. The Town Clerk must have a voter’s ballot in hand by 7pm on Election Day, August 9, for it to be counted.

The Heart of Winooski Foundation receives $25,000 gift

Tue, 07/26/2022 - 1:48pm -- tim

Vermont Business Magazine The Vermont Community Foundation is recognizing a gift to the Heart of Winooski’s “Uplifting the Winooski School District BIPOC Educator Workforce Program” from an anonymous fund. This initiative will enable current Winooski School District (WSD) professionals and members of the Winooski community to translate their certification and/or work experiences from their country of origin to the Vermont Teaching Licensure standards so they’re able to teach in Vermont schools. Approximately 51 percent of Winooski Middle and High School students identify as Black, Indigenous, and People of Color (BIPOC), however, only 6 percent of the district’s teachers identify as BIPOC. There are current staff members and community members from WSD students’ countries of origin and US-born People of Color (BIPOC) who do not hold teaching or administrative positions due to educational and financial barriers to licensure.