News
Weekly unemployment insurance claims fell for the fourth consecutive week, showing nearly 5,000 fewer regular benefit claims compared to last year at this time. For the week of May 15, 2010, there were 850 new regular benefit claims for Unemployment Insurance, a decrease of 33 from the week before. This is the third consecutive week that there was a steep drop in new claims.
It’s the smiling face of Walt Disney that dominates the stock certificate recently turned over to the Unclaimed Property Division of the Vermont State Treasurer’s Office. The certificate is for 147 shares of stock in the Walt Disney Company. The Treasurer’s Office hopes to locate the Vermonter who is the rightful owner of this financial property.
The Vermont Public Service Board has approved new wind-power contracts for Vermont s two largest utilities. The PSB approved contracts between the utilities and Granite Reliable Wind, a 99-megawatt project in Coos County, New Hampshire. The project will include 33 three-megawatt wind towers.
The board of directors of the Burlington law firm of Paul Frank + Collins P.C. are pleased to announce their unanimous election of S. Crocker Bennett, II to serve as firm President and CEO, effective June 7, 2010. Mr. Bennett will also serve as chairman of the firm’s Executive Management Committee where he has served as Senior Vice-President since 2002.
As of today, Vermont Yankee reports that the refueling and maintenance outage is in Day 24 and work activities continue to noticeably wind down. Work at the cooling towers involving the third (and final) phase of the cooling tower upgrades continue, and the safety-related section of the west tower is complete.
When Lyndon State College was accepted as one of five New England schools to participate in the Nellie Mae Education Foundation’s Project Compass initiative three years ago, the focus was on increasing the college retention and graduation rates of first-in-family, modest-income students (FFMI).
Vermont Secretary of Administration Neale F Lunderville released the April 2010 General Fund Revenues today. April is the 10th month of fiscal year (FY) 2010. General Fund revenues totaled $134.84 million for April 2010, were +$9.52 million or +7.60% above the $125.31 million consensus revenue forecast for the month.
Governor Jim Douglas today announced that the state has approved an emergency request for funds to help rebuild the historic Anchor Seafood Restaurant in Wilmington that was destroyed in a fire earlier this year at a ceremony at the site of the South Main Street structure.
The Vermont Energy Partnership (VTEP) today released its latest issue brief, “Renewable Energy Sources in Vermont: A Status Report.” Authored by VTEP Communications Director Guy Page, the issue brief details Vermont’s current renewable power capacity and projects likely development in the near future.
With a recent report from Law360 indicating that women make up on average just 19 percent of partners in law firms, Dinse/Knapp/McAndrew continues to exceed the national average with 42% female partnership in the firm.
Average retail gasoline prices in Vermont have fallen 5.6 cents per gallon in the past week, averaging $2.88/g yesterday. This compares with the national average that has fallen 3.5 cents per gallon in the last week to $2.87/g, according to gasoline price website VermontGasPrices.com.
Green Mountain Power has received a Certificate of Public Good from the state of Vermont to build a nearly 1,000-panel solar array on property it owns in Berlin, Vermont. The project will generate 200 kilowatts of electricity, and is the largest permitted solar project in Vermont, GMP officials said.