News
NBT Bank Regional President Matt Durkee announced that the bank will build an office in Williston, Vermont.
Entergy Corporation (NYSE: ETR) today reported second quarter 2010 as-reported earnings of $315.3 million, or $1.65 per share, compared with $226.8 million, or $1.14 per share, for second quarter 2009. On an operational basis, Entergy's second quarter 2010 earnings were $325.7 million, or $1.71 per share, compared with $244.0 million, or $1.23 per share, in second quarter 2009.
To continue to stay ahead of rising demand for wireless voice, 3G multimedia and Internet access in Chittenden County, Vermont, Verizon Wireless has expanded its local network. Since 2000, the company has invested $2.6 billion into its New England network, including $192 million in 2009, and recently earned recognition from J.D.
Senator Bernie Sanders (I-VT) today announced that the US Department of Veterans Affairs will open a new community-based health clinic in Newport this month.
The clinic will provide veterans in the Northeast Kingdom greater access to primary health care without having to travel long distances.
Sandy Blitz, the Federal Co-Chair of the Northern Border Regional Commission (NBRC), announced that a grant award process has been put in place to begin to accept applications for federal assistance. Chairman Blitz stated that “It is our goal to award approximately $1.3 million in grants by September 30, 2010”.
Green Mountain Power today asked the Vermont Public Service Board to authorize a 3.1 percent rate adjustment to go into effect on October 1, 2010, as part of its alternative regulation plan. The increase is primarily due to factors that affect all utilities in the region, such as the costs of reliability upgrades to the New England transmission grid.
Starting this month, Vermont Business Magazine will begin running full interviews online (VIDEO). The first of these is with Bob Young, CEO of Central Vermont Public Service. The occasion for this piece is his recent announcement that he will step down next May.
As Young explains in the interview, there is much to do between now and then and that includes finding his replacement.
Captive insurance professionals from throughout the United States and around the world will gather in Burlington, Vermont for the world's largest captive insurance conference, August 10 - 12, 2010 at the Sheraton Hotel and Conference Center and the UVM Davis Center. The event is the 25th Annual Conference hosted by the Vermont Captive Insurance Association.
The City of St. Albans now has a state-designated Growth Center, a move that will help streamline permitting for future development and pave the way for additional benefits to support development in the town.
The Vermont Downtown Development Board approved the city’s Growth Center plan at its meeting on Tuesday, setting the boundaries of the district roughly the same as the city limits.
Senator Patrick Leahy (D-Vt.) Friday announced a new $1.4 million US Navy contract with General Electric Aviation for work in Rutland on additional components of the company’s F414-GE-400 engine used in the F/A-18E/F Super Hornet aircraft and the E/A-18G Growler aircraft.
Senator Bernie Sanders will host a series of town meetings across southern Vermont this weekend. These public forums will take place in Bennington, West Dover, and Putney on Saturday, July 31 and in Westminster, Springfield and Woodstock on Sunday, August 1. Sanders will also attend a public forum on health care reform in Bellows Falls.