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Sanders statement on Russia probe indictments

Fri, 07/13/2018 - 2:20pm -- tim

Senator Bernie Sanders: "The indictments announced today by the Justice Department confirm once again that Russia interfered in our elections to benefit Donald Trump. The fact that these indictments name 12 members of Russia’s military intelligence service strongly suggests that the interference was directed from the highest levels of the Russian government."

AG gets money back for Shrinedom ticket holders

Fri, 07/13/2018 - 2:15pm -- tim

Vermont Business Magazine Vermonters and others who purchased tickets to a concert gone wrong will be eligible for refunds. The Office of Attorney General TJ Donovan has resolved its investigation of Shrinedom 2017, a rock festival that was supposed to take place on Saturday, September 16, 2017, in Irasburg. Seven bands were contracted to play, including local bands and national acts Vince Neil, Slaughter, Warrant, Lita Ford and Firehouse. On the day of the festival, the organizers had not sold enough tickets to pay the national bands, who did not perform.

State asks Vermonters to weigh in on clean water funding

Fri, 07/13/2018 - 1:34pm -- tim

Vermont Business Magazine It’s not every day one gets the chance to weigh in on a multi-million dollar budget. This month, the Clean Water Board is asking Vermonters to do just that. Public ideas and feedback on how to prioritize the $19 million in clean water funds will help the Clean Water Board develop the Clean Water Fund budget for 2020. The easiest way to participate in the conversation is to take the Board’s 9-question survey, available online or by mail. The board is accepting comments through July 31. 

Weekly unemployment claims fall under 500

Fri, 07/13/2018 - 1:30pm -- tim

Vermont Business Magazine Weekly unemployment claims fell again last week after a brief spike, caused by the seasonal reduction in school bus drivers. For the week of June 30, 2018, there were 470 claims, 140 fewer than than they were the previous week, and 143 fewer than they were a year ago. Altogether 3,770 new and continuing claims were filed, a decrease of 35 from a week ago, and 485 fewer than a year ago. For most weeks of 2017 and 2018 claims have been below the year before. 

Vermont ranked 26th as place to retire

Fri, 07/13/2018 - 4:18am -- tim

Vermont Business Magazine Vermont is in the middle of the pack and South Dakota is the best state in which to retire, according to a new report. Utah, Idaho, New Hampshire and Florida comprise the rest of the top five. Vermont was ranked 26th-best state (tied with Wisconsin). The study examined 7 categories: cost of living, taxes, health care quality, weather, crime, cultural vitality and well-being. Vermont did well in cultural vitality (#1), health care quality (#2), well-being (#2) and crime (#3).

GW Plastics announces senior leadership changes

Fri, 07/13/2018 - 3:31am -- tim

Vermont Business Magazine Bethel, Vermont-based advanced manufacturing company GW Plastics has announced the recent promotions of three executive team members. Cathy Tempesta has been promoted to Vice President of Human Resources. Tempesta joined GW Plastics 15 years ago as the Director of Human Resources, and in her new role as Vice President, she will work to bring best practices to all of GW Plastics’ worldwide operations, including workforce training and career development, employee engagement, and retention.

Man dies after crossing line and hitting AOT truck

Thu, 07/12/2018 - 5:19pm -- tim

Vermont State Police Alfred Wolfsohn was pronounced dead Thursday afternoon at Dartmouth Hitchcock Medical Center. Wolfsohn, 88 of Stamford, CT, died as a result of internal injuries sustained during a head-on crash. State Troopers from the Westminster Barracks responded to a two vehicle, serious injury crash on VT Route 9, west of Auger Hole Road, in the town of Marlboro Thursday morning. 

EB-5 state enforcement action settles for $2.1 million

Thu, 07/12/2018 - 4:52pm -- tim

Vermont Business Magazine Attorney General TJ Donovan gathered at the Newport waterfront with Governor Phil Scott, Auditor Doug Hoffer, Newport Mayor Paul Monette, and others involved in economic development in the Northeast Kingdom to announce a settlement in the State’s EB-5 enforcement action. The State of Vermont today filed a motion with the Washington Superior Court seeking approval of the settlement reached with Ariel Quiros. A separate settlement was reached with William Stenger. The settlements resolve the State’s enforcement actions in connection with EB-5 projects. Funds from the settlements, totaling $2.1 million, will be designated for economic development in the Northeast Kingdom.

Stored energy helped GMP save $500K during heatwave

Thu, 07/12/2018 - 1:23pm -- tim

Vermont Business Magazine The heat wave is over, the numbers are in, and Green Mountain Power’s innovative network of Tesla Powerwall batteries in customers’ homes, and larger community storage with solar installations, helped GMP cut carbon and costs for customers. GMP leveraged stored energy to accomplish the equivalent of taking 5,000 homes off the grid, creating savings for customers that could reach $500,000.

Bernie Sanders: CEOs vs workers town hall Monday

Thu, 07/12/2018 - 1:10pm -- tim

Vermont Business Magazine Senator Bernie Sanders (I-Vermont) will host a live streamed town hall Monday in Washington at 7 pm to address the enormous disparity between the wealth of corporate executives and the wages and treatment of the companies’ workers. Sanders will be joined by workers from Amazon, Disney, McDonald’s, American Airlines and Walmart, and he has invited the CEO of each company to attend.