News

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Vermont Business Magazine The Green Mountain Care Board today praised Vermont's hospitals for achieving historically low rates of growth in their budget submissions for the third year in a row, submitting budgets with 3.6 percent overall net patient revenue growth.

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Vermont Business Magazine The parent company of Vermont Castings, HNI Corporation (NYSE: HNI), based in Iowa, announced on Wednesday sales for the second quarter ended July 4, 2015, of $568.2 million and net income of $23.9 million, or $0.52 per diluted share. Profits suffered less than expected due to charges resulting from plant closures.

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Vermont Business Magazine Governor Peter Shumlin issued the following statement after the US House of Representatives passed legislation today that would block Vermont from enforcing its mandatory GMO (Genetically Modified Organisms) labeling law.

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Vermont Business Magazine In the first half of 2015, the Vermont Community Loan Fund (VCLF) loaned $2,883,650 to Vermont's small businesses, early education and child care programs, affordable housing developers, and facilities providing vital community services.

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Vermont Business Magazine More land in Western Addison County will soon be available to the public, and protected for wildlife. The public is invited to attend a celebration of the Lemon Fair Wildlife Management Area in Cornwall, and the 330 acres being added to it, on Tuesday, July 28, from 10 am to 12:30 pm.

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Vermont Business Magazine While Burlington International Airport relies too heavily on non-air service revenue, primarily parking, and while enplanements are down, cash flow and debt service have improved, leading to stability in its bond rating and ability to raise capital.

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Vermont Business Magazine The Vermont State Colleges (VSC) Board of Trustees voted today to support a focused effort to position the Vermont State Colleges as a more comprehensive, cohesive, and interconnected system comprising multiple distinct institutions.

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Vermont Business Magazine Governor Peter Shumlin today announced a $5.7 million federal grant to expand and allow for year-round operation of the Vermont Veterans’ Memorial Cemetery in Randolph Center near Vermont Technical College. The cemetery is currently open only from May through the first week in December each year.

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Vermont Business Magazine Disadvantaged women begin smoking at an earlier age, are heavier smokers and are more likely to be nicotine dependent and to fail at smoking cessation. When they become pregnant and have children, the behavior doesn’t change.

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Vermont Business Magazine Lake Sunapee Bank Group (NASDAQ: LSBG), the holding company for Lake Sunapee Bank, fsb, with branches through central Vermont, on Wednsday announced results for the quarter ended June 30, 2015.

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Vermont Business Magazine Three Vermont-based business owners have been named America’s Retail Champions by the National Retail Federation and are in the running to be chosen as one of five national finalists as well as America’s Retail Champion of the Year.

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Vermont Business Magazine Quebec Premier Philippe Couillard, and Minister of Energy and Natural Resources and Minister responsible for the Northern Plan, Pierre Arcand, announced in June the appointment of Éric Martel as a member of the Board of Directors and President and CEO of Hydro-Québec, the provincial utility company and largest single electric supplier to Vermont.