News
Vermont Business Magazine Green Mountain Power reported on its Facebook page early Monday that the number of power outages due to Saturday's storm was down to 1,800. Crews are focused on the Royalton area. GMP said in the post that it expects to get power back to all customers today.
Vermont Business Magazine People's United Financial, Inc (NASDAQ: PBCT) has reported net income of $68.5 million, or $0.23 per share, for the second quarter of 2016, compared to $61.7 million, or $0.20 per share, for the second quarter of 2015, and $62.9 million, or $0.21 per share, for the first quarter of 2016. The Compan
Vermont Business Magazine Rutland Economic Development Corp. (REDC) has announced the names of three Rutland-area entrepreneurs who will pitch their business ideas to investors on August 1, 2016. Ana DiTursi will pitch an expansion of her specialty food business, Ana’s Empanadas. Rollin Rochele will pitch a new fitness product called Clustas.
by Rob Roper Before Peter Shumlin became governor, he famously said that there was no more tax capacity left in Vermont. We were ‘tapped out.” Since then, Shumlin and majorities in the legislature have passed hundreds of millions of dollars worth of new taxes and fees.
by Mike Smith If a Republican wants to be elected president of the United States, uniting the Republican Party — which ranges from New England moderates to Southern conservatives — is an essential step. But apparently Donald Trump’s campaign doesn’t agree that party unification is a prime objective.
Vermont Business Magazine Green Mountain Power reported Sunday evening that its crews continue to make progress restoring power to 26,000 customers who lost power during Saturday’s severe thunderstorm that hit Vermont and parts of New England.
Vermont Business Magazine Weekly unemployment claims fell again last week to a more typical, low summer level. However, claims in 2016 generally have been running above 2015 claims. For the week of July 16, 2016, there were 427 claims, down 113 from the previous week's total and 64 more than they were a year ago.
Vermont Business Magazine Burlington City Arts has announced the 16 recipients of the 2016 Community Fund Grants. The fund aims to foster a vibrant creative community by supporting projects in the City of Burlington that address community needs, challenges and priorities through the arts, and benefit a broad citizenry.
Vermont Business Magazine In late June, Public Radio News Directors Inc. and emcee Korva Coleman of NPR presented 173 awards to 72 organizations at its conference in St Louis for work done at stations and other outlets during calendar year 2015.
Vermont Business Magazine An increase in the Labor Force could indicate that potential workers are entering the workforce because of growth in the economy.
Vermont Business Magazine BioTek Instruments, based in Winooski, celebrated the start of a $4 million, 22,000-square-foot facility expansion during a company-wide event on Monday, July 18, featuring honorable guests Vermont Senator Patrick Leahy, Congressman Peter Welch, Governor Peter Shumlin, and Lieutenant Governor Phil Scott.
Vermont Business Magazine The Vermont Department of Environmental Conservation (DEC) provided an update today on bottled water availability for Shaftsbury residents living near the closed town landfill, and details on an upcoming informational meeting.