News
The City of Burlington announced today that Moody’s Investors Services has downgraded the City’s general obligation credit rating from A2 to A3. Under the Moody’s analysis, the City’s outlook remains ‘negative.’ The analysis factors in Burlington Telecom’s outstanding debit to pooled cash, as well as Burlington’s economic strength, manageable debt profile, and stable general fund operations.
Former Administration Secretary Neale F Lunderville will join Green Mountain Power in February as Leader of Enterprise Innovation, GMP President and CEO Mary G. Powell announced Monday.
TruexCullins Architecture and Interior Design has been awarded the 2010 AIA VT "People's Choice" Award for Excellence in Architecture Design for the Maltex Building renovation on Pine Street in Burlington.
Median family income in Vermont fell in 2009 for the second consecutive year and now stands at $64,900, according to The Vermont Economy Newsletter’s annual analysis of just-released Vermont Tax Department data. After adjusting for inflation, the income earned by the median family (half of all families earn more and half earn less than the median) fell by $1,275 or 1.9% in 2009.
Wyndham Vacation Ownership (WVO), the world’s largest vacation ownership company and a member of the Wyndham Worldwide family of companies (NYSE:WYN), has announced it has entered into an exclusive sales and marketing agreement with Smugglers’ Notch Management Company, Ltd. Terms of the agreement were not disclosed.
The United States Supreme Court has agreed to decide the constitutionality of a Vermont law that requires doctors’ consent before their identifying information in prescription records can be sold or used for marketing prescription drugs. The law was challenged on First Amendment grounds by data mining companies and by PhRMA, a trade organization for the pharmaceutical industry.
Lieutenant Governor Phil Scott, Senate President Pro Tempore John Campbell, and Senator Dick Mazza, members of the Senate Committee on Committees, announced the Senate committee assignments for the 2011-2012 legislative session.
Those committee assignments are:
Agriculture
Sen. Sara Kittell (D-Franklin), Chair
Sen. Harold Giard (D-Addison), Vice Chair
National Life Group of Montpelier continues to show remarkable resiliency through the economic downturn as it once again shows revenue growth in 2010, as revealed in Vermont Business Magazine’s annual Vermont 100+ ranking of the largest Vermont-based companies.
VIDEO INTERVIEW WITH WCAX TV
Crown Point, New York/Addison, Vermont ‘ January 6, 2011 ‘ The Lake Champlain Bridge Coalition announced today the formation of the Lake Champlain Bridge Community (LCB Community).
(BENNINGTON, Vt.) ‘ The Carnegie Foundation for the Advancement of Teaching has selected Southern Vermont College for its 2010 Community Engagement Classification designation. The Carnegie Foundation is best known for its classifications based on the curricular and research missions in colleges and universities.
Northwestern Medical Center (NMC) is pleased to announce the creation of ‘Northwestern Orthopaedics’ through the acquisition of Synergy Orthopaedics. Dr. Rob Beattie and his staff have joined Dr. Michael Barnum and Dr. Jeremy Hatch as employees of NMC, effective January 1st, 2011.
Governor Peter Shumlin announced Friday a plan to achieve $12 million in General Fund savings in Fiscal Year 2012 without imposing pay cuts or layoffs of existing state workers.
The administration will implement an immediate hiring freeze across state government. All requests to fill vacant positions will require specific approval of the office of the Secretary of Administration.