News
Governor Jim Douglas today issued a veto of H436, An Act Relating to Decommissioning Funds of Nuclear Energy Generation Plants. The legislation sought to guarantee that Vermont Yankee owner Entergy Corp ensure that it would have sufficient funds to close up the plant once it stops producing electricity.
Officials in the tourism and hospitality industry said they were pleased that the alternative budget approach proposed by Governor Jim Douglas contains an additional $850,000 to market the state. With the summer tourism season unofficially kicking off over Memorial Day Weekend, Tourism and Marketing Commissioner Bruce Hyde said the money couldn t come at a better time.
The Vermont Department of Labor announced today that the seasonally adjusted unemployment rate for March 2009 was 7.1 percent, down one-tenth of a point from the revised March rate and up 2.5 points from a year ago. Unemployment rates for Vermont s 17 labor market areas ranged from 4.2 percent in Hartford to 10.9 percent in Newport.
Rutland radio station WDVT and Colchester television station WVNY won top honors in the 2009 Vermont Association of Broadcasters “Commercial of the Year” competition.
Present and former MMU business/entrepreneur students get rave reviews speaking at the 25th VT Business and Industry EXPO at the Sheraton Hotel - May 20th --plus MMU team "Hearts for Haiti" takes 1st place in the statewide business plan competition - presented by Comcast and Governor Douglas - winning $1,000 and will donate the funds to the Vermont Haiti Project to help others in need - in Hai
Wetlands nature s water filters will be better protected in Vermont under legislation that was enacted into law yesterday. The bill, H447, was the result of lengthy negotiations among a variety of interest groups. The measure will require inaccurate state wetlands maps to be updated and also mandate better protections for wetlands.
Speaker Shap Smith today announced that he and Senate President Pro Tem Peter Shumlin have asked money committees and chairs to hold public hearings next week on the Governor Douglas newly submitted budget. They have also asked that Douglas' proposals, announced Tuesday, be submitted in budget form.
Champlain Cable Corporation of Colchester, Vermont announces the release of its newest product line, EXAR(R) XLE. XLE product technology combines flexibility of an elastomer and the toughness of an XLPE insulation.
Governor Jim Douglas today reaffirmed Vermont s role as a leading voice on national climate policy and a champion of energy consumers by signing on to the newly formed 30-state Governors Climate Coalition, which will work with Congress to find common ground for a comprehensive national energy strategy and climate change action.
iTECH has announced that CEO Kishore Khandavalli is a finalist for the Ernst & Young Entrepreneur Of The Year 2009 Award for New England. The Ernst & Young the awards program recognizes entrepreneurs who demonstrate extraordinary success in the areas of innovation, financial performance and personal commitment to their businesses and communities.
High school teams from throughout the state had their knowledge of economics and personal finance tested recently in the first-ever Vermont Championship Reserve Cup Challenge. After three rounds of vigorous questioning, Essex High School emerged as the champion. Second place was won by Windsor High School and the third place finisher was North Country Union High School.
This year’s Deane C. Davis Outstanding Business of the Year Award was presented to National Life Group of Montpelier. The award was handed out by Governor Jim Douglas at the Vermont Business & Industry EXPO, organized by the Vermont Chamber of Commerce on Wednesday, May 20th.