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Survey finds Vermont businesses less pessimistic than earlier in the year

Mon, 08/29/2016 - 1:33pm -- tim

Vermont Business Magazine Nearly 200 Vermont businesses completed the latest semi-annual economic survey in July regarding the outlook of Vermont’s small- to medium-sized businesses. The survey, presented by Davis and Hodgdon Associates CPAs and the Vermont Chamber of Commerce, revealed that while business owners do not see improvement in the Vermont and US economies, they are less pessimistic than they were in January. The survey also revealed that health insurance costs (60.1 percent) was the top issue, ahead of taxes (49.4 percent) and finding qualified emplolyees (48.9 percent).

Milne calls out Leahy for debate and campaign finance 'hypocrisy'

Mon, 08/29/2016 - 1:20pm -- tim

​Vermont Business Magazine US Senate candidate Scott Milne sent the following letter to Senator Leahy today in response to Leahy’s rejection of his debate and clean campaign challenge. In it, Milne said it exposes Leahy’s hypocrisy on these issues by pointing to Leahy’s own words supporting the very proposals Milne has offered.

Military and overseas voting information for Vermont

Mon, 08/29/2016 - 1:19pm -- tim

Vermont Business Magazine Military and overseas voters should register to vote and request an absentee ballot for the November election as soon as possible.  This will help ensure that all ballots, which must be returned by mail, are received back from the voters no later than Election Day. Ballots will be sent to all military or overseas voters that have requested them no later than Friday, September 23, 2016. Ballots will be sent the same day for any requests received after that deadline.

State holds public discussions on Lake Champlain phosphorus cleanup plan Monday and Tuesday

Mon, 08/29/2016 - 12:23pm -- tim

Vermont Business Magazine Commissioners and Secretaries from: Vermont Department of Environmental Conservation; Agency of Agriculture, Food and Markets; Agency of Transportation; and the Agency of Commerce and Community Development. Moderated by Lake Champlain Basin Program.

Mount Snow parent sells $20 million in stock to pay for growth, cites EB-5 delay and slow winter

Mon, 08/29/2016 - 9:54am -- tim

Vermont Business Magazine The parent company of Mount Snow Resort in West Dover, Peak Resorts, Inc. (Nasdaq:SKIS), has announced that it has reached an agreement to sell $20 million of its Series A cumulative convertible preferred stock and warrants to purchase common stock to CAP 1 LLC, a family client of Summer Road LLC. The Company expects to use the proceeds from this offering for working capital and general corporate purposes and for the execution of its strategy for future growth, including expansion through acquisition.

Weekly unemployment claims fall under 400

Mon, 08/29/2016 - 6:23am -- tim

Vermont Business Magazine Weekly unemployment claims plunged last week to a very low level, as typical for summer, but are running higher in 2016 than in 2015. For the week of August 20, 2016, there were 389 claims, down 161 from the previous week's total and 25 more than they were a year ago. By industry, claims plunged for  Manufacturing. Service, the usual leader, led the way with 56 percent of all claims, which for actual claims was about the same as last week. 

Smith: The debate, debate

Mon, 08/29/2016 - 3:42am -- tim

by Mike Smith Political debates play a very important role in a campaign. Especially when there is an open seat for governor and Vermonters are looking for ways to get to know a candidate. Voters gain meaningful insight into the positions and demeanor of a candidate through a well-structured debate. But some candidates will attempt to manipulate the debate format to their advantage. This could include limiting the number of debates, the scope of the topics to be discussed, even the time, date, and place of the debate.

Casella among 71 entities across US to settle SEC enforcement actions

Sun, 08/28/2016 - 8:09pm -- tim

Vermont Business Magazine The Securities and Exchange Commission last week announced enforcement actions against 71 municipal issuers and other obligated persons for violations in municipal bond offerings. Among those was a single Vermont entity, Casella Waste Management, based in Rutland. The parties settled the actions without admitting or denying the findings and agreed to cease and desist from future violations.

Saturday's 'Vermont Breakfast on the Farm' gave public taste of farm life

Sun, 08/28/2016 - 2:31pm -- tim

Vermont Business Magazine The Rowell Family of Green Mountain Dairy Farm in Sheldon believe in showing their community what farmers do to produce safe, wholesome and nutritious food in Vermont and beyond. On August 27, the Rowell’s opened their farm to over 1,000 visitors for Vermont’s 3rd Breakfast on the Farm.

Sue Minter statement on 5th anniversary of Tropical Storm Irene

Sun, 08/28/2016 - 1:48pm -- tim

Sue Minter, Democratic candidate for governor: It’s hard to believe that anything good can come of a disaster. But five years after Tropical Storm Irene ravaged our brave little state, I travel with pride through a Vermont that is stronger and more resilient than it was before that terrible night when the flood waters rose.