News
Vermont State Treasurer Jeb Spaulding announced today that Vermont successfully sold $52 million in general obligation bonds, in a competitive auction that marked the State’s first-ever sale of “Build America Bonds.” Yesterday’s auction resulted in both the largest number of bids received and the lowest interest cost the State has incurred on a bond sale in decades.
US Senators Patrick Leahy (D-VT) and Bernie Sanders (I-VT) and Representative Peter Welch (D-VT) today hailed a major announcement that Vermont will receive $50 million for major rail improvements along Amtrak’s Vermonter line. The funding will help pay for construction of track, roadbed and bridge improvements along 190 miles of railroad used by Amtrak Vermonter service between St.
Weekly unemployment claims fell for the fourth consecutive week. This follows an end-of-the-year spike in new claims. It comes on the heels of a rise in the Vermont unemployment rate of 6.9 percent in December 2009, up from 6.4 percent in November.
Green Mountain Coffee Roasters, Inc., (NASDAQ: GMCR) today announced its fiscal 2010 first quarter results for the thirteen weeks ended December 26, 2009, reporting strong growth. Net sales for the first quarter of fiscal 2010 were up 77 percent to $349.4 million as compared to $197.0 million reported in the first quarter of fiscal 2009.
New York Governor David Paterson traveled to Crown Point, NY, today and was expected to announce that a new ferry operating at the location of the former Champlain Bridge was expected to begin operation by the end of January, in other words, by Sunday at the latest. Full, regular service is expected first thing Monday.
With the help of federal stimulus funds available through the American Recovery and Reinvestment Act (ARRA), the Vermont Economic Development Authority (VEDA) has committed $21.7 million in specially interest rate-subsidized loans to Vermont businesses and farms for the period ending December 31, 2009.
In a profound turnaround in policy, Governor Douglas announced late this afternoon that he will no longer urge the Legislature to vote on the Vermont Yankee relicensing this session, he is also at least temporarily pulling support for the plant's owner, Entergy, to spin off the plant into a new corporation called Enexus, and he says that top management at the plant should be replaced because he
Parents and teachers have a creative opportunity to discuss with kids the current economic climate and its personal challenges. The theme for the 2010 Be Money Wi$e Financial Literacy Poster Competition is “$mart Money Choices = A Brighter Future.” The deadline for poster submissions to the Vermont State Treasurer’s Office is February 19.
Vermont’s congressional delegation took their concerns over the safety of Vermont Yankee and the credibility of its management straight to the head of the Nuclear Regulatory Commission yesterday. Led by Senator Bernie Sanders, he and Senator Patrick Leahy and Representative Peter Welch met with NRC Chairman Gregory Jaczko in Sanders’ DC office.
The State of Vermont will unveil six new veteran license plates during a ceremony at 12:30 p.m. January 28th in the Cedar Creek Room at the State House. During the ceremony, Department of Motor Vehicle Commissioner Robert Ide will unveil plates honoring veterans who served in World War II, the Korean War, the Vietnam War, the Gulf War, the Iraq War, and the Afghanistan War.
Newly-named Vermont Lake Monsters General Manager Nate Cloutier has completed the reorganizing of the team’s front office staff, which now consists completely of “home grown” talent from the state of Vermont.
Some states are making dramatic improvements in their Recovery Act websites but others are still failing to make effective use of online technology to educate taxpayers about the impact of the stimulus. Vermont was cited as fifth worst in the nation.