News
Hospital care is expensive and more Vermonters are struggling to pay their bills. All hospitals in Vermont have a free or reduced care policy and this year, they will give away almost $48 million in care. As non-profit institutions, hospitals in Vermont care for everyone who comes through their doors, regardless of their insurance status or ability to pay.
According to a Form 8-K report to the Securities & Exchange Commission Tuesday, Green Mountain Coffee Roasters, Inc completed a sale of 8,566,649 shares of its common stock, par value $0.10 per share, to Luigi Lavazza S.p.A., an Italian corporation, for an aggregate purchase price of $250 million. The Waterbury company employs 1,010 in Vermont and more than 2,000 system-wide.
Two Vermont projects will receive a total of $375,000 in federal funds to support jobs and economic development in the Northeast Kingdom through the Northern Border Regional Commission (NRBC).
The Vermont Chamber of Commerce today released their 2009-2010 Vermont Chamber Legislative Report Card. The Report Card assesses legislators’ support of economic development and business issues important to the Vermont economy. ‘This Report Card informs members and the public on legislative support of key business issues’ explained Betsy Bishop, Vermont Chamber President.
Senators Patrick Leahy (D-Vt.) and Bernie Sanders (I-Vt.) and Rep. Peter Welch (D-Vt.) today welcomed the release of $50 million in federal stimulus funds for the ‘Vermonter’ rail line from St. Albans to Vernon, Vt.
A joint investigation by the Vermont Attorney General’s Office and the U.S. Department of Health and Human Services, Office of the Inspector General, has resulted in a caregiver and his employer being charged with billing Vermont Medicaid for services that were never provided. Attorney General William H.
Blue Cross and Blue Shield of Vermont today announced a new collaboration with Choice Care Card of Waterbury, Vermont to offer employer-funded medical reimbursement arrangements used to cover out-of-pocket health care-related expenses.
Highline Financial recently released its quarterly bank performance report. Northfield Savings Bank was rated a ‘Best Performing Institution.’
To continue to stay ahead of rising demand for wireless voice, 3G multimedia and Internet access in Caledonia County, Vermont, Verizon Wireless has expanded its local network. Earlier this year the company earned recognition from J.D. Power and Associates for ‘Highest Call Quality Performance among Wireless Cell Phone Users in the Northeast."
Dr Richard Kujawa, Saint Michael's College professor of geography, earned the top Saint Michael’s teaching award, the Joanne Rathgeb Teaching Award, for 2010, as selected by his faculty colleagues and presented at the Academic Convocation September 24 in the McCarthy Arts Center on the college campus.
A new 50-state analysis of state income taxes by Public Assets Institute shows that Vermont ranks in the middle of states compared to the rest of the country. While much has been made of Vermont’s high tax rates, the amount taxpayers actually pay in Vermont is lower than in many other states because of deductions and other adjustments and the state’s progressive rate structure.
US Representative Peter Welch and Vermont Secretary of Agriculture Roger Allbee on Tuesday reacted to an announcement by Pinnacle Foods that the company has agreed to remove caramel color from its Log Cabin ‘All Natural Syrup.’