News

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by Erin Mansfield vtdiger.org Federal regulators will allow the owners of the Vermont Yankee nuclear power plant to use money earmarked for dismantling the plant to manage radioactive waste. The Nuclear Regulatory Commission has granted requests from Entergy Nuclear Operations Inc.

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Vermont ranked 30th on an annual basis (3.4 percent) and fourth overall (4.1 percent) in the US in month-to-month construction job growth in May (15,200 total jobs).

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Agency of Human Services Secretary Hal Cohen and Department of Disabilities, Aging and Independent Living (DAIL) Incoming Commissioner Monica Hutt announced today upcoming staffing changes at the Department.

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Vermont Business Magazine The Vermont Department of Labor announced today that the seasonally-adjusted statewide unemployment rate for May was 3.6 percent. This represents no change from the revised April rate (3.6 percent). The national average in May was 5.5 percent, which experienced an increase of one-tenth of a percentage point from the previous month’s estimate.

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HMC Advertising, based in Richmond, has merged with with Cottage 10 of Hinesburg. For over 35 years, HMC has carved out a trusted reputation among Vermont advertising agencies–with client longevity serving as a testament to outstanding service and business results.

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Vermont Tech opened the doors today to the recently donated Norwich Farms dairy farm. The donation encompasses an approximately 350-acre, 40-stall operational dairy farm on Turnpike Road in Norwich, Vermont, along with three residential buildings and multiple barns.

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Vermont Student Assistance Corp, now in its 50th year of helping students pursue education after high school, announced it has completed the sale of $21.2 million in education loan revenue bonds rated ‘A’ by Standard and Poor’s and ‘A3’ by Moody’s.

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Governor Peter Shumlin has capped off a successful legislative session by signing the last of 76 bills passed by the legislature this year. "I was proud to sign so many pieces of legislation into law that will help make Vermont's economy work for every Vermonter, protect our special quality of life, and build on the strong job growth we have seen in recent years," Gov. Shumlin said.

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Norwich University’s College of Graduate and Continuing Studies (CGCS) has announced that General Alfred M Gray, USMC (Ret) will deliver its 2015 commencement address at a ceremony for nearly 600 students representing nine online graduate programs and two bachelor’s degree completion programs on Friday, June 19, at 10 am in Shapiro Field House.

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The Kauffman Foundation has ranked Vermont number five in its state-by-state listing of business start-up activity. “The Kauffman Index: Startup Activity” from the Kauffman Foundation brings together data on entrepreneurial trends nationally, at the state level, and for the 40 largest metropolitan areas of the United States.

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The Public Service Department will be holding a series of four public forums around the state in July to solicit Vermonters’ thoughts on how the state can meet its energy goals – and energy needs – in the coming years. The input will inform the next revision of Vermont’s long-range, Comprehensive Energy Plan. A final plan is due to the Legislature in December.

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Increasing the gas tax does not result in a commensurate penny-to-penny increase in the retail price motorists pay at the pump, a study of the market impacts of five state gas tax increases enacted in 2013 found. The study looked at gas tax retail impacts in Massachusetts, Maryland, Pennsylvania, Vermont and Wyoming.