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Growth of unemployment claims slows for the week

Wed, 02/04/2009 - 8:47am -- tim

Week Ending January 31, 2009. There were 1,339 new regular benefit claims for Unemployment Insurance last week, an increase of 33 from the week before. Altogether 16,248 new and continuing claims were filed, 343 more than a week ago and 5,780 more than a year earlier. In addition, the Department processed 1,816 claims for benefits under Emergency Unemployment Compensation, 2008, an increase of 8 from last week.

Vermont Recognized Nationally for Student AP Exam Scores

Wed, 02/04/2009 - 8:44am -- tim

The College Board released its fifth annual AP Report to the Nation today, and highlighted Vermont as a national example in preparing students for college. Vermont saw the largest five-year increase in the country in the percentage of its student population scoring 3 or higher on at least one AP (Advanced Placement) exam in high school.

Chittenden Bank Pledges $125,000 to the Vermont Association for the Blind and Visually Impaired

Wed, 02/04/2009 - 4:18am -- admin

The Vermont Association for the Blind and Visually Impaired (VABVI) is a non-profit organization founded in 1926 with the assistance of Helen Keller and remains to this day the only private agency in the state to offer free support, education and rehabilitation services to all blind and visually impaired residents. VABVI s mission is to enable Vermonters with vision problems, whether blindness or impairment, to achieve and maintain independence.

Ben Stein Backs Out of UVM Commencement

Tue, 02/03/2009 - 9:31am -- admin

The following was sent in a mass email to the UVM community from Daniel Mark Fogel, President of UVM.
I am writing to inform you that Ben Stein, a renowned economist and public personality, has informed me of his decision to withdraw from our Commencement ceremonies in May.
As you may know, Mr. Stein delivered an excellent Kalkin lecture on our campus last year, focused primarily on economic issues, to which our students responded warmly and enthusiastically. It was on the basis of that experience that I extended him an invitation to be our Commencement speaker.

Omega Real Estate Associates, Inc. announces latest commercial transactions

Tue, 02/03/2009 - 8:14am -- admin

Nicole L. Senecal of Omega Real Estate Associates, Inc was the listing agent of the 6,600 SF office building at 1191 S. Brownell Rd. in Williston. The Tenant was Dominion Diagnostics, LLC. of Rhode Island. Nicole L. Senecal was also the selling agent.
Nicole L. Senecal of Omega Real Estate Associates, Inc. was the listing agent of 5,436 SF of space at 104 Old Colchester Rd. in Essex Junction. The Buyers are Happy Land Child Care. Duncan Harris of Redstone was the selling agent.

Verizon Transfers Responsibility for Network Systems to FairPoint Communications

Mon, 02/02/2009 - 8:50am -- tim

NEW YORK, Feb. 2 /PRNewswire/ -- Verizon Communications announced today (Feb. 2) that it has completed the process of transferring to FairPoint Communications Inc. all responsibility for the systems supporting the operations of FairPoint in Maine, New Hampshire and Vermont.FairPoint Communications provided a Notice of Readiness to Verizon in November, indicating that FairPoint would conclude its Transition Services Agreement with Verizon at the end of January 2009.

Leadership Changes Announced at Downs Rachlin Martin

Mon, 02/02/2009 - 8:08am -- tim

Business law attorney Paul H Ode, Jr of Burlington has been elected managing partner and chief executive officer of the law firm Downs Rachlin Martin PLLC. Ode took over on January 1 for John H. Marshall, who has held the post since the firm first adopted a managing partner governance model in 2002.
Ode was elected by the firm s directors in December. He had previously served  as deputy managing partner and is a former chair of the firm s Business Law Group. He joined the firm in 1982 after completing a clerkship with U.S. District Court Chief Judge Albert W. Coffrin.

Economic Response Team Holds First Meeting

Fri, 01/30/2009 - 5:06am -- tim

MONTPELIER, Vt. Nearly 20 people attended and as many participated by phone in the first meeting of a team of government, business, and economic development officials designed to provide a rapid response to Vermont businesses in distress.
The Economic Response Team, an ad hoc group of the state s economic development leaders proposed by Governor Jim Douglas as part of his Inaugural Address, met Wednesday in Montpelier.

Welch votes for American Recovery and Reinvestment Act

Thu, 01/29/2009 - 11:39am -- admin

Stimulus bill would bring $1.2 billion to Vermont through infrastructure development and tax relief
WASHINGTON, DC – Rep. Peter Welch supported and the House passed Wednesday the American Recovery and Reinvestment Act (ARRA), a major effort to rebuild the economy by providing tax relief, creating green jobs and investing in the future. The vote was 244-188.

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