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Paul Millman to receive VBSR’s Terry Ehrich Award

Tue, 06/28/2016 - 6:04pm -- tim

Millman to be recognized for outstanding dedication to socially responsible business practices

Vermont Business Magazine Vermont Businesses for Social Responsibility (VBSR) is pleased to announce Paul Millman, co-founder of Chroma Technology, as the 2016 recipient of the Terry Ehrich Award for Excellence in Socially Responsible Business. Named for the late owner of Hemmings Motor News and a founding member of VBSR, the award is given to a VBSR member who best exemplifies Terry Ehrich’s commitment to the environment, workplace, progressive public policy, and community.

Wells Fargo pays DFR $300,000 in penalties for misguiding client

Tue, 06/28/2016 - 4:24pm -- tim

Vermont Business Magazine The State of Vermont will receive $300,000 from Wells Fargo Advisors as the result of a recent investigation conducted by the Department of Financial Regulation. Commissioner Susan L Donegan announced today that Wells Fargo will pay an administrative penalty of $270,000 to the general fund, $15,000 to reimburse the department for the cost of the investigation and $15,000 to the department’s education and training fund.

Vermont Mayors Coalition calls for gun purchase background checks, again

Tue, 06/28/2016 - 4:21pm -- tim

Vermont Business Magazine In the wake of the Orlando shooting the Vermont Mayors Coalition (VMC) today renewed its call for state action on universal background checks and to take critical steps to increase the efficacy of such checks. Speaking at the Burlington Police Department, where Vermont mayors first gathered over three years ago in the aftermath of the Sandy Hook shooting to call for state gun violence reforms, the mayors together called for critical state action to improve the safety of Vermonters by:

Volkswagen to compensate Vermonters over emissions fraud

Tue, 06/28/2016 - 4:17pm -- tim

Vermont Business Magazine Vermont consumers who own or lease certain Volkswagen and Audi 2.0-liter diesel vehicles will receive a cash payment from Volkswagen and will have the option of having their vehicle modified or repurchased by Volkswagen under the terms of a settlement announced by Vermont Attorney General William Sorrell today.

Sanders sticks fork in Senate GMO labeling bill

Tue, 06/28/2016 - 2:08pm -- tim

Vermont Business Magazine Senator Bernie Sanders (I-Vermont), Senator Patrick Leahy (D-Vermont) and Governor Peter Shumlin each issued statements on US Senate action days before Vermont’s first-in-the nation GMO labeling law takes effect: “On Friday, Vermont will become the first state in the nation to require GMO labeling. This is a triumph for ordinary Americans over the powerful interests of Monsanto and other multi-national food industry corporations.

Perception and reality about Vermont migration

Tue, 06/28/2016 - 1:54pm -- tim

by Stephanie Yu Young people and rich people are moving to Vermont. If this surprises you, you aren’t alone. You’re more likely to hear that the young and the wealthy are fleeing Vermont for better opportunities. Your neighbors bought a condo and moved to Florida. Your daughter got a good job and took off for Chicago. So yes, people move out of Vermont. But here’s what else is happening: They’re moving in. About the same number of young people move to Vermont as leave the state each year. That’s true of high-income people too.

OneCare Vermont, VITL collaborate to improve data quality and patient care

Tue, 06/28/2016 - 12:24pm -- tim

Vermont Business Magazine OneCare Vermont, LLC and Vermont Information Technology Leaders, Inc announced Monday a collaboration to provide OneCare Vermont with comprehensive population health data in a system designed to improve data collection and clinical analytics capabilities. To accomplish this, clinical data from the Vermont Health Information Exchange (VHIE) – operated by VITL – will be filtered and transmitted into OneCare’s enterprise informatics platforms.

SEC rule implements Leahy-authored mining transparency reforms in Dodd-Frank

Tue, 06/28/2016 - 11:38am -- tim

Vermont Business Magazine US Senator Patrick Leahy (D-VT) Tuesday welcomed action by the Securities and Exchange Commission (SEC) late Monday to finalize a rule on a long-delayed extractive industries transparency provision of the Wall Street reform law enacted in 2010.  The transparency provision was authored by Leahy and became Section 1504 of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Forecasters predicting strong winds that could cause power outages statewide Tuesday

Tue, 06/28/2016 - 9:19am -- tim

Vermont Business Magazine Green Mountain Power is preparing for a strong wind and rainstorm that is forecasted to hit Tuesday afternoon and could cause outages across the state. The storm could blow trees onto power lines and also snap power poles at the base. As we head into July, which is the worst month for storms and storm related damage causing outages, safety is critical. GMP reminds customers to be safe by staying away from any downed power lines and by being extra careful on the roads.