Vermont Business Magazine The third graduating class of Castleton University passed across the stage at its 231st Commencement ceremony on Saturday, bringing to close the 2017-18 academic year. Co-keynote speakers #1 New York Times bestselling author Chris Bohjalian and critically acclaimed journalist and novelist Stephen P Kiernan addressed the more than 3,500 guests in attendance and thousands more streaming the ceremony online. Castleton President Karen M Scolforo took the podium and welcomed everyone "home."
by Senator Bernie Sanders As a longtime member and former chair of the Senate Veterans’ Affairs Committee, I am honored to be able to work on behalf of Vermont’s 45,000 veterans and their families, who have done so much in service to our country. That is why I am organizing a Veterans Town Hall and Resource Fair this Saturday, May 19, at Norwich University from 10 a.m. until 2 p.m. We’ll hear updates from Washington and learn about veterans’ resources and projects here in Vermont.
Vermont Business Magazine Casella Waste Systems, Inc (NASDAQ:CWST), a regional solid waste, recycling and resource management services company based in Rutland, announced today that it has entered into a $550 million credit facility with Bank of America, NA, as administrative agent and swing line lender, Merrill Lynch, Pierce Fener & Smith Incorporated, Citizens Bank, NA, JPMorgan Chase Bank NA and Comerica Bank as joint lead arrangers and joint bookrunners, and certain other agents and lenders. The credit facility provides for a term loan A facility in the amount of $350 million and a revolving credit facility in the principal amount of up to $200 million, with a $60 million sublimit for letters of credit.
Vermont Business Magazine The union representing Community College of Vermont will hold an informational picket Tuesday in Montpelier outside the office of Vermont State College Chancellor Jeb Spaulding. CCV is part of the Vermont State Colleges system. After five months of bargaining, CCV United Faculty union and the CCV administration have reached a statutory impasse. According to a press release issued by the union, CCV administration continues to deny faculty the right to know from semester to semester if they will have work.
by Jeff Wakefield University of Vermont Everyone knows what a business pitch competition is. But what about a “reverse pitch”? BTV Ignite – a local non-profit created to leverage Burlington’s world-class fiber optic gigabit network – just held one of those at UVM’s Larner College of Medicine on May 4. A reverse pitch turns the standard event on its head by asking entrepreneurs to do the listening, while people who could be their customers do the pitching -- by talking about the challenges they face that innovative new products could address.
Veto looms with Special Session likely
Vermont Business Magazine The Legislature adjourned very early Sunday morning with the $5.8 billion budget passed but likely facing a veto, at this point, if some adjustment is not made. Legislative leadership has declined to set a veto session. The governor could also call a Special Session, possibly this week, under which any piece of legislation could be reviewed. State government will shut down July 1 without a budget. Late Saturday evening, Governor Phil Scott offered the following statement on the fiscal year 2019 budget passed by the state Legislature:
Vermont Business Magazine The Committee on Temporary Shelter (COTS), Vermont’s largest service provider for people who are homeless or at risk of becoming homeless, today announced receipt of a $150,000 grant from KeyBank Foundation to help them expand a project entitled Ending Family Homelessness: Helping Parents and Children by Keeping Them Home. Support from KeyBank is targeted to help reduce by 50 percent the number of families falling into homelessness for the first time in Burlington/Chittenden County – the largest population center in Vermont.
Vermont Business Magazine The Flexible Capital Fund (Flex Fund) announced a $300,000 investment in Aqua ViTea, LLC, to support the continued growth of the Company’s Vermont operations today. Aqua ViTea employs 34 Vermonters, producing Kombucha, a handcrafted, tea-based, functional health beverage.
Vermont Business Magazine Senator Bernie Sanders (I-Vermont) will host a town hall at 7 pm ET tonight to examine the consequences of Trump’s decision to withdraw from the Iran nuclear deal. The town hall will be live streamed on Facebook, YouTube and Twitter in partnership with The Guardian, The Intercept, NowThis, The Young Turks, Act.tv and MoveOn.org.
Sanders will be joined by regional, security and nonproliferation experts to discuss how Trump’s decision will impact U.S. foreign policy in the short term and the long term.
by Donald L Baker, Vermont Market President, KeyBank Today consumers want to know how corporations, as a whole, are taking a stand. In fact, customers are 43 percent more likely to purchase a product from a company they know is committed to social value. The number of companies directing corporate social responsibility from the C-Suite has increased nearly 75 percent compared to five years ago. Major financial service industry leaders, like KeyBank’s Beth Mooney and BlackRock’s Larry Fink, are challenging business owners and the C-Suite to rethink their economic impact, environmental footprint and social conscience. At KeyBank, corporate social responsibility initiatives are woven into the fabric of who we are and in whom we invest.
by Richard Burgoyne, MD Almost half the deer ticks in our region carry the bacteria that causes Lyme disease, so it’s important to be careful before and after venturing into tall grass or forests during the spring, summer and fall. Before heading into the woods, spray pants, legs and shoes with an insect repellent that contains 20 percent DEET. DEET comes in different strengths, so check the label when you buy. Be careful not to spray it in the eyes or on the face and use it just when you’re outside.
Fuse LLC Esports is quickly becoming one of youth culture’s largest and most influential platforms. In fact, these days more brands ask us about esports than any other of youth culture's platforms. So why are more brands not already on board? The short answer is that to esports' newcomers, the landscape can appear a little messy and confusing. This white paper is dedicated to clarifying some of that perceived chaos and our recommendation that brands look closely into four key areas to determine whether esports is right for them.