Senate strongly supports GMO labeling bill

Tue, 04/15/2014 - 4:53pm -- tim

by John Herrick Vermont moved a step closer to requiring that manufacturers label products containing genetically modified organisms sold in the state.

The Senate on Tuesday voted 26-2 to give preliminary approval on the GMO labeling bill, H.112. The bill would go into effect July 1, 2016. It still needs final approval from the Senate and then must be reconciled with a slightly different House version.

State senators want to mothball Vermont Telecommunications Authority

Tue, 04/15/2014 - 4:52pm -- tim

by Hilary Niles Key members of the state Senate want to raise the bar for broadband Internet speeds in Vermont, and they’re looking to change the administration’s lineup to make it happen.

A proposal in the Senate Finance Committee would fold the quasi-public Vermont Telecommunications Authority into the Agency of Administration.

First quarter VBR-EPR Business Conditions Survey shows positive outlook

Tue, 04/15/2014 - 3:32pm -- tim

Lisa Ventriss, President of Vermont Business Roundtable (VBR) and Jeffrey Carr, President, Economic & Policy Resources (EPR), on Tuesday announced the 1st Quarter results of their joint initiative, the VBR-EPR Business Conditions Survey. The survey, which is conducted quarterly, is the next generation of the Roundtable’s economic outlook surveys that began in 2004, and provides a more meaningful and predictive index going forward.

Moody’s improves Burlington’s credit rating outlook to 'stable'

Tue, 04/15/2014 - 2:18pm -- tim

Driven in large part by the City of Burlington's partial settlement with CitiBank over the repayment of Burlington Telecom debt and by the city's overall economic health, a major credit rating service has improved the city's rating from "negative" to "stable." Moody’s Investors Service published a Ratings Report Monday, in which Moody’s improved Burlington’s credit rating outlook to “stable” – revising the City’s rating to “Baa3 stable” from “Baa3 negative.” 

In its rating rationale, Moody’s shared the following: