News
Vermont Business Magazine Vermont Attorney General William H Sorrell announced today that Bank of America will pay the State $1.25 million to resolve the state’s claim that the bank failed to honor the terms of settlement agreements it entered into with homeowners in foreclosure actions.
Vermont Business Magazine Department for Children and Families (DCF) Commissioner Ken Schatz reported today that Vermont's official payment error rate for 3SquaresVT -- a federally-funded program that provides food assistance to approximately 84,000 Vermonters -- was 2.76 percent in Federal Fiscal Year (FFY) 2014.
Vermont Business Magazine US Senator Bernie Sanders (I-Vermont) and three colleagues today asked the Federal Communications Commission to investigate “ridiculous prices” for cable and broadband services. The letter asks the FCC to collect information on what Americans pay for broadband and cable services by location, provider and the fees these companies charge.
Vermont Business Magazine The People’s United Community Foundation, the philanthropic arm of People’s United Bank, has announced that it has awarded a total of $30,000 to three Vermont organizations: the Vermont Community Loan Fund; the Windham Child Care Association; and the Champlain Valley Office of Economic Opportunity.
Vermont Business Magazine As authorized by the City Council at their June 29, 2015 meeting, the City of Burlington and Rasier, LLC, the company doing business as Uber, have signed an Interim License and Operating Agreement, which becomes effective on Monday, July 13, 2015.
Vermont Business Magazine Vermont tax revenues were down slightly for the month of June, the last month of the state's fiscal year, but overall finished up more than $20 million over adjusted expectations. Revenue targets were lowered twice during the fiscal year, once last summer and once in the winter, as the personal income tax waned as wages were sluggish.
Vermont Business Magazine Of the 340 total middle market firms in Vermont, 11 are engaged in exporting, which make up 3 percent of Vermont’s middle market firms (US average 5 percent), according to the Middle Market Power Index: Taking the Global Stage from American Express and Dun & Bradstreet.
Vermont Business Magazine Lake Sunapee Bank Group (NASDAQ: LSBG), the holding company for Lake Sunapee Bank with branches through central Vermont and New Hampshire, has declared a regular quarterly cash dividend of fourteen cents ($0.14) per common share payable July 31, 2015, to stockholders of record as of July 24, 2015.
Vermont Business Magazine Named after the Green Mountains which run throughout its boundaries, the state of Vermont has recently taken on a different meaning of “green:” green energy.
by Jess Wisloski and Anne Galloway vtdigger.org There is a period of time in Sen. Bernie Sanders’ life that has remained something of a mystery to the public for 50 years. When exactly did he come to Vermont? And where did he set roots before he settled in Burlington?
Vermont Business Magazine Green Mountain Power has just completed an improvement project to its 110-year-old hydro plant on the Otter Creek in Proctor that will mean more renewable, low-cost hydro power for GMP customers. The added capacity makes this plant the largest of Green Mountain Power’s fleet of 32 Vermont hydro plants.
Vermont Business Magazine At the Climate Summit of the Americas in Toronto, Governor Peter Shumlin today joined 21 other states and regional governments in signing the first-ever Pan-American action statement on climate change.