News
Although it is the only New England state not to border the Atlantic Ocean, Vermont is home to businesses that contribute significantly to the construction of the most powerful ships at sea: US Navy aircraft carriers.
Vermont Student Assistance Corp. has announced its low fixed rates for Vermont Advantage education loans for the 2015-16 academic year. The Vermont Advantage offers rates as low as 5.50 percent APR for both undergraduate and graduate students who need additional financing for postsecondary education or training. Vermont students attending college in the U.S.
by Amy Ash Nixon vtdigger.org Concerns over Vermont Yankee’s decommissioning plan have led a nuclear watchdog group to ask State Auditor Doug Hoffer to find a way to provide public oversight of the $665 million trust fund to be used to dismantle the defunct plant.
by Erin Mansfield vtdigger.org The state is looking into reports that customers of FairPoint Communications may have had their telephone lines disconnected without their consent.
On Tuesday, May 19, 2015 the Vermont State Board of Education moved to adopt the National Health Education Standards (American Cancer Society, 2007) and the National Standards and Grade-Level Outcomes for Physical E
The Senate Judiciary Committee on Thursday overwhelmingly approved legislation coauthored by Senator Patrick Leahy (D-Vermont) and other leading senators that protects Vermont businesses and innovators who too often become the victims of so-called “patent trolls.” The bill goes next to the full Senate for consideration. The PATENT Act was approved by a vote of 16 to 4.
Governor Peter Shumlin announced today that Commissioner Susan Wehry has decided to step down after 4½ years leading the Department of Disabilities, Aging and Independent Living. “I want to thank Susan for her hard work and her dedication to improve the lives of older Vermonters and people with disabilities,” Shumlin said.
The University of Vermont Health Network announced today that Standard &Poor’s (S&P), one of the major national bond rating services, has upgraded The University of Vermont Health Network’s bond rating from BBB+ with a positive outlook to an A- rating with a stable outlook. Additionally, Moody’s affirmed their A3 rating with a stable outlook.
The Federal Emergency Management Agency has awarded a $2.1 million grant to Vermont Electric Cooperative for clean-up and repair efforts following December’s severe winter storm. The FEMA grant of $2,130,871 will cover an estimated 75 percent of the total eligible clean-up cost incurred by VEC.
Vermont Governor Peter Shumlin today joined PSEG Solar Source, Encore Redevelopment, juwi solar Inc (JSI) and Vermont Electric Power Producers Inc. (VEPP) to dedicate the PSEG Essex Solar Center. The 3.6-megawatt-dc facility is the state’s largest solar farm.
Vermont Business Magazine Weekly unemployment claims in Vermont fell for the second week. After a sharp increase two weeks ago, claims are down to their typically low summer level. There were 444 new, regular benefit claims for Unemployment Insurance in Vermont, a decrease of 50 from the previous week's total and 44 more than they were a year ago.
Changes to disability provisions administered within the Vermont State Employees’ Retirement System will ensure continuing eligibility for retirees on disability, while including a verification process of outside employment to make adjustments to retirement benefits when warranted.