News
Homeowners, businesses, and renewable energy manufacturers, installers and developers will discuss the role of Vermont’s net-metering law in creating jobs and deploying home-grown renewable energy to Vermonters at a State House press conference Friday.
Governor Peter Shumlin today announced that Karen Marshall, a Chittenden County business executive and community leader, will take the position of Chief of Connect VT. Marshall will be responsible for implementing Gov. Shumlin’s plan to achieve universal availability of broadband and mobile phone service.
Governor Peter Shumlin today applauded a decision by Wal-Mart to abandon plans to build a new store in Virginia on the site of a Civil War battlefield where there were more than 1,200 Vermont casualties and nearly 400 lost their lives in one of the bloodiest battles of that war. Walmart said today that it would abandon that location 60 miles from Washington, DC, and seek another location.
Merchants Bancshares, Inc. (NASDAQ: MBVT), the parent company of Merchants Bank, today announced net income of $15.46 million, or diluted earnings per share of $2.51 for the year ended December 31, 2010. Earnings for the fourth quarter of 2010 were $2.54 million, or diluted earnings per share of $0.41.
There were 837 new regular benefit claims for Unemployment Insurance last week, a decrease of 105 from the week before, as the data continued to show great volatility. Altogether 12,833 new and continuing claims were filed, a decrease of 70 from a week ago and 2,002 fewer than a year earlier.
Approximately six months since the completion of the merger of Finowen and GAW High-Speed Internet Service, GAW has announced that equipment upgrades have been made to the Hauger Hill transmission site located in Thetford, Vermont.
Dealer.com (www.dealer.com), the global leader in online marketing solutions for the automotive industry, today announced that it delivered another year of substantial growth in 2010, as revenues reached $85 million, an increase of over 60 percent from 2009 ‘ and more than triple the 2008 level.
The City of Burlington has issued a response to the report by Larkin and Associates with respect to Burlington Telecom (’Larkin Report’). The Larkin Report was initiated in October 2009 by the Vermont Department of Public Service in relation to proceedings on BT before the Vermont Public Service Board.
Governor’s Budget Address
January 25, 2011
Mr. President, Mr. Speaker, Mr. President Pro Tem, Members of the General Assembly, distinguished guests, fellow Vermonters:
A new study by Informa Economics concludes that the Dairy Market Stabilization Program (DMSP) proposed by the National Milk Producers Federation would have withheld an estimated $626 million from dairy farmers during periods when they were already under significant financial pressure.
The Vermont congressional delegation today introduced legislation to let the state implement a single-payer health care system that could become a model for the nation.
By Paul Cillo. The extension of the Bush tax cuts passed recently by Congress gives Governor Shumlin and the Legislature another option for balancing the state budget in fiscal 2012 and 2013. A new analysis shows that the top 5 percent of Vermont taxpayers will save $190 million this year and a similar amount in 2012 as a result of the federal tax cut extension.