News
Vermont Public Radio has announced the winner of its first Summer Car Raffle. Bob Moulton of Waterbury won a 2010 Ford Fusion Hybrid provided by Heritage Automotive Group in South Burlington. The raffle raised $146,000 for VPR.
Average retail gasoline prices in Vermont have fallen 1.1 cents per gallon in the past week, averaging $2.71/g yesterday. This compares with the national average that has increased 2.4 cents per gallon in the last week to $2.74/g, according to gasoline price website VermontGasPrices.com.
A new branding research study focusing on how Vermont is perceived as a vacation destination by visitors and non-visitors will be presented by state officials at community meetings across the state in August and September.
People's United Financial, Inc (Nasdaq: PBCT), a diversified financial services company, today announced that it has named John P. (Jack) Barnes as President, Chief Executive Officer and a member of the Board of Directors effective immediately. Barnes was also named President, CEO and a director of the Company's subsidiary, People's United Bank.
Ledyard Financial Group, Inc, the holding company for Ledyard National Bank, was ranked among U.S. Banker magazine’s Top 200 Community Banks in the United States. The 2010 rankings were based on three-year average return on equity as of December 31, 2009. Ledyard Financial Group made the list with a three-year average ROE of 8.50%.
“Freedom and Choice” is the theme of the fourth annual Milton Friedman Day observance to be held Friday, July 30, from 5-7 pm at the Sheraton Burlington Conference Center.
A new law that sets up a process for state recognition of Native American tribes in Vermont has revised the makeup of the Vermont Commission on Native American Affairs and has that panel seeking nine new members. The law, also known as S222, increased the number of members on the VCNAA from seven to nine, and also imposes a Vermont residency requirement for the first time.
Union Bankshares, Inc. (Nasdaq:UNB), based in Morrisville, Vermont, has announced results for the second quarter of 2010. Net Income was $1.53 million or $0.34 per share compared to $1.23 million or $0.28 per share for 2009.
Line crews worked tirelessly through the night last night after a three-pronged wave of thunderstorms swept through the state yesterday, knocking out power to about 12,500 CVPS customers at the height of the storm around 10 pm. About 750 customers in Rutland, Orange, and Windsor counties remain without power this morning, with some scattered outages across the state.
The Commissioner of the Vermont Department of Corrections testified today before a Senate panel chaired by Senator Patrick Leahy (D-Vt.). The hearing focused on state and local efforts to help inmates successfully and effectively reintegrate into their communities upon release.
Governor Jim Douglas was in Iraq today with a delegation of governors to meet with troops and receive a first-hand update about the situation in Iraq.
One of the financial building blocks for constructing the Lake Champlain Bridge was put in place yesterday. The State Treasurer’s Office successfully sold $14.4 million in Vermont special obligation transportation infrastructure bonds.