News
The Vermont Department of Labor announced today the seasonally adjusted statewide unemployment rate for calendar year 2010 trended down by nine tenths of a percentage point. The year ended with a seasonally adjusted unemployment rate of 5.8 percent which was a tenth of a percent higher than the November rate. This final over the month change was the only increase in 2010.
KeyCorp (NYSE: KEY) today announced fourth quarter net income from continuing operations attributable to Key common shareholders of $292 million, or $.33 per common share. These results compare to a net loss from continuing operations attributable to Key common shareholders of $258 million, or $.30 per common share, for the fourth quarter of 2009.
After a careful review, EPA has disapproved Vermont’s 2002 water quality plan that set phosphorus targets for discharges into Lake Champlain. Following this action, EPA intends to work closely and collaboratively with the State to develop a new plan for reductions in phosphorus from sources in Vermont.
During a visit to Champlain Oil Company in South Burlington Monday, U.S. Sen. Patrick Leahy announced that he and U.S. Sen. Susan Collins (R-Maine) this week will introduce a bill making permanent a now-expired federal pilot program allowing heavy trucks to use the Interstate system in Maine and Vermont.
Highway safety advocates today released the 2011 Roadmap Report, the eighth annual report card grading all 50 states and the District of Columbia on their performance when it comes to adopting 15 basic traffic safety laws. This year the report's publishers, Advocates for Highway and Auto Safety (Advocates), focused on the state budgetary impact of highway safety gaps.
Merchants Bancshares, Inc. (NASDAQ: MBVT), the parent company of Merchants Bank, announced that its Board of Directors declared on January 20, 2011, a dividend of 28 cents per share, payable February 17, 2011, to shareholders of record as of February 3, 2011. Merchants plans to release earnings on or about January 26, 2011.
Governor Peter Shumlin today announced the appointments of three new members of the Vermont House of Representatives, filling seats that were vacated due to resignations. The three Representatives will likely be sworn into office early next week.
Using an innovative approach, Green Mountain Power has been able to cut electricity costs by 16.5 percent at its Colchester facility over the past year and a half -- saving energy and ultimately saving customers money. GMP worked with Shelburne-based Kilawatt Technologies on the project.
The groundwater monitoring process at Vermont Yankee continues with a total of 32 monitoring wells being sampled for tritium.
Amy Goodman, the host and executive producer of Democracy Now!, will be the commencement speaker at Vermont Law School’s 36th graduation ceremony on May 21.
US Department of Health and Human Services Secretary Kathleen Sebelius today announced that 6,244 Medicare beneficiaries in Vermont, and three million people nationwide, have received prescription drug cost relief through the Affordable Care Act.
The Vermont Farmstead Cheese Company (VFC) announced today that they have signed a partnership agreement with Sheila Marie Imports (SMI) of Boston, MA. This agreement encompasses an exclusive distribution arrangement through 2012. SMI will expedite the expansion of VFC's marketing reach throughout the New England and Mid-Atlantic states that SMI services.