Current News

-A A +A

Brattleboro Retreat and nurses finalize one-year contract

Wed, 10/31/2018 - 2:04pm -- tim

Vermont Business Magazine The union representing over half the staff at the Brattleboro Retreat have ratified a one-year contract. The summer had been a bitter one between management and workers following a sweeping schedule change for employees. Union members at times engaged in "informational pickets" at the private psychiatric hospital, but did not go on strike. While addressing those scheduling concerns, the new contract includes a $15 an hour minimum wage and sets a new pay scale for direct care staff.

Condos, advocates demonstrate Vermont’s new accessible voting system

Wed, 10/31/2018 - 11:47am -- tim

Vermont Business Magazine On Tuesday Vermont Secretary of State Jim Condos held a press conference to discuss Vermont’s new Accessible Voting System at the Secretary of State’s office, located at 128 State Street in Montpelier. Condos was joined by Disability Rights Vermont (DRVT) Supervising Attorney AJ Ruben, Vermont Center for Independent Living (VCIL) Executive Director Sarah Launderville and Barre City Clerk Carol Dawes. The included a demonstration of the Accessible Voting System by Kumeye Castillo.

Entergy reports 3Q 2018 earnings hike

Wed, 10/31/2018 - 9:41am -- tim

Vermont Business Magazine Entergy Corporation (NYSE: ETR) reported third quarter 2018 earnings today. Entergy, owner of the shuttered Vermont Yankee nuclear power plant in Vernon, reported earnings of $536 million, or $2.92 per share, on an as-reported basis and earnings of $693 million, or $3.77 per share, on an operational basis. This compared to third quarter 2017 earnings of $398 million, or $2.21 per share, on an as-reported basis and earnings of $424 million, or $2.35 per share on an operational basis.

The Cap Raise: Valuation

Wed, 10/31/2018 - 6:18am -- tim

by Diane Abruzzini and Cairn Cross The valuation process can be murky for both entrepreneurs and investors. Private company stock is typically a “Level III” asset under ASC Topic 820 and its value “cannot be determined by using observable inputs of measures such as market prices or models.” Fair value is estimated rather than observed through readily observable market prices.

Vermont SBA accepting nominations for 2019 small business awards

Wed, 10/31/2018 - 5:23am -- tim

Vermont Business Magazine The Small Business Administration Vermont District Office is accepting nominations for its 2019 small business awards. Previous Vermont winners include Ben and Jerry’s, Switchback Brewing Company and Mamava, the 2018 Small Business Person of the Year winner. Since 1963, the SBA has recognized the outstanding achievements of America’s small businesses for their contributions to their local communities, and to the nation’s economy.

Aiken Lecture: Tan Le, from refugee to tech revolutionary

Wed, 10/31/2018 - 3:42am -- tim

Vermont Business Magazine The University of Vermont College of Engineering and Mathematical Sciences is pleased to announce the upcoming George D. Aiken Lecture, free and open to the public, and taking place November 1st at 5pm at the UVM Ira Allen Chapel. This year’s lecture features Tan Le: innovator, inventor, entrepreneur, and Founder and CEO of Emotiv, a leader in wireless EEG brain monitoring technology.

Pearce urges EPA to reconsider rollback of vehicle emission standards

Tue, 10/30/2018 - 2:26pm -- tim

Vermont Business Magazine Vermont State Treasurer Beth Pearce and a group of city and state treasurers and comptrollers last week sent a letter to the US Environmental Protection Agency (EPA) and National Highway Traffic Safety Administration (NHTSA) in opposition to a federal proposal to weaken light truck and car emission standards "that protect our environment from damaging greenhouse gas emissions and pollutants." Treasurer Pearce said that any attempt to roll back the standa

Hundreds expected to play in annual 'Extra Life' fundraiser for Vermont Children's Hospital

Tue, 10/30/2018 - 11:45am -- tim

Vermont Business Magazine This Saturday November 3, more than 200 people throughout Vermont and Northern New York will try to top each other, and competitors around the world, playing Dungeons & Dragons, Mario Brothers and many other video games for 24 hours straight. Players have been hard at work raising money from friends, relatives and community members to sponsor their efforts in the annual “Extra Life” event, with the proceeds supporting programs and services at the University of Vermont Children’s Hospital.

Burlington Telecom collaborates with Champlain College Esports

Tue, 10/30/2018 - 9:09am -- tim

Vermont Business Magazine Burlington Telecom has gifted some critical equipment for major events and competitions to the Champlain College Esports club. Esports are a form of organized multiplayer video game competitions. While skeptics may scoff at the idea of a competitive arm of online gaming as a “sport”, this past August, CNN called esports an “explosive billion-dollar industry” with over 380 million spectators worldwide. By offering degrees in game design, programming, and production management Champlain College is positioned to attract top esports student talent.

To prevent infant deaths, UVM Children's Hospital partners with Cribs for Kids

Tue, 10/30/2018 - 6:30am -- tim

Vermont Business Magazine A nurse-led initiative to provide consistent safe sleep education for all new families at the University of Vermont Children’s Hospital has led to national recognition for the hospital, and nurses are encouraging Vermonters to take steps that will keep their infants safe. Through a partnership with Cribs for Kids, a National Infant Safe Sleep Initiative, all new families will receive “sleep sacks” for their infants, and some eligible families will receive portable cribs.

2018 Michael Feulner Award presented to CVMC

Tue, 10/30/2018 - 5:23am -- tim

Vermont Business Magazine Governor Phil Scott, Health Commissioner Mark Levine, MD, and Michael Feulner presented The University of Vermont Health Network - Central Vermont Medical Center (CVMC) with the Michael Feulner Award on October 22. The award is presented annually to the organization with the most participants in May’s Vermont Corporate Cup & State Agency Race by the Vermont Governor’s Council on Physical Fitness and Sports. In 2018, 525 CVMC staff members participated. It is the third time CVMC has earned the distinction.

Consolidated on track to increase broadband speeds to 500,000 customers this year

Tue, 10/30/2018 - 2:31am -- tim

Vermont Business Magazine Consolidated Communications, Inc, (NASDAQ: CNSL) announced on Monday that more than 365,000 residents and businesses across Northern New England now have faster broadband speeds as the company works to upgrade 500,000 total customer locations this year. “We made a commitment to increase broadband speeds throughout Northern New England and we’re on track to complete these upgrades to 500,000 homes and small businesses by the end of 2018,” said Bob Udell, president and chief executive officer of Consolidated Communications.