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VEC issues 'peak alert' encouraging members to conserve energy

Tue, 07/28/2015 - 5:27pm -- tim

Vermont Business Magazine Vermont Electric Cooperative is encouraging its members to conserve energy on Wednesday, July 29 and Thursday, July 30 between the hours of 1 pm and 6 pm when demand for electricity is expected to spike as a result of high temperatures throughout New England.

Here is what you can do to help beat the peak:

• Turn off all unnecessary lights.

• Delay use of major appliances such as dishwashers, washing machines, and clothes dryers.

• Raise your thermostat or air conditioner by 3 degrees.

Vermont gets $6.7 million in Homeland Security grants

Tue, 07/28/2015 - 4:28pm -- tim

Vermont Business Magazine Senator Patrick Leahy (D-Vermont) announced today that the State of Vermont will receive $6.7 million in federal grants to develop prevention and preparedness programs to respond to and recover from acts of terrorism and other catastrophic events. The grants were awarded under a formula championed by Leahy to protect smaller states like Vermont and were made public by the US Department of Homeland Security Tuesday.

UVM Medical Center unveils modern, private facilities for new mothers and babies

Tue, 07/28/2015 - 4:00pm -- tim

Vermont Business Magazine New mothers from throughout Vermont and northern New York will enjoy modern, private rooms with ample space for their partners and visiting loved ones in the “Glen and Rosemarie Wright Mother Baby Unit” unveiled today at The University of Vermont Medical Center. The current “Mother Baby Unit” is located in facilities that are 50-70 years old and contains small rooms, most of which have two beds. Twenty-two single-bed rooms in the new unit will dramatically reduce double occupancy and provide 44 percent more space per room for patients, families.

Economists: Vermont revenues on track for fiscal year 2016

Tue, 07/28/2015 - 2:46pm -- tim

by Anne Galloway vtdigger.org A revised revenue forecast for fiscal year 2016 puts the state back in the black. State economists say the general fund tax receipts will grow by 3 percent in the coming year, or by $40 million. At the beginning of 2015, revenues were down by $18 million.The revised forecast, presented Monday by Jeffrey Carr, the economist for the Shumlin administration, and Tom Kavet, the economist for the Vermont Legislature, shows modest growth in the state’s economy.

Vermonters experience serious health effects when temperatures reach mid- to upper-80s

Tue, 07/28/2015 - 12:34pm -- tim

Vermont Business Magazine A Vermont Department of Health analysis shows that Vermonters are at greater risk for serious illnesses, even death, when the statewide average temperature reaches or exceeds 87°F. Adults age 75 and older and 15 to 34 experience the highest rates of heat-related illnesses. Adults 65 and older are at higher risk for death on such hot days.

New Study: Consumers don't view GMO labels as negative 'warnings'

Tue, 07/28/2015 - 12:28pm -- tim

Vermont Business Magazine A new study released just days after the US House passed a bill that would prevent states from requiring labels on genetically modified foods reveals that GMO labeling would not act as warning labels and scare consumers away from buying products with GMO ingredients. The study, presented at the annual conference of the Agricultural and Applied Economics Association, held in San Francisco on July 27, relies on five years of data (2003, 2004, 2008, 2014 and 2015) and includes 2,012 responses to a representative, statewide survey of Vermont residents.

BMH introduces new endoscopy system for earlier digestive disease detection and treatment

Tue, 07/28/2015 - 6:09am -- tim

Vermont Business Magazine Brattleboro Memorial Hospital is among the first hospitals in Vermont to acquire the Olympus EVIS EXERA III video endoscopy system. This system uses a video processor, light source, endoscope, and monitor to enable physicians to look inside the gastrointestinal (GI) system to diagnose, detect, and treat GI diseases such as colorectal cancer. The advanced imaging in the EVIS EXERA III system will help BMH physicians to detect GI disease at an earlier stage when treatments are most successful.

Unexpected medical find leads to $25,000 research gift

Tue, 07/28/2015 - 4:53am -- tim

The University of Vermont Medical Center Joe Golding, CEO of Advancement Resources, was giving a presentation to faculty and health care providers from the UVM Medical Center, the UVM College of Medicine and the UVM College of Nursing and Health Sciences when Yael Friedman noticed something unusual. Friedman, a major gift officer for Academic Health Sciences at UVM, noticed that every time Golding sat down, he put his foot up the table in front of him. He also looked tired.

BAYADA Hospice to expand palliative care in Vermont and NH

Tue, 07/28/2015 - 4:34am -- tim

Vermont Business Magazine BAYADA Hospice, with three offices in Chittenden County, announced that it has been selected by the Center for Medicare & Medicaid Innovation (The CMS Innovation Center) to participate in its Medicare Care Choices Model (MCCM) demonstration project. Under this program, beginning in January 2016, BAYADA will be able to expand its existing community-based palliative care services to more patients in Vermont and New Hampshire who are seriously ill. 

Merchants Bancshares announces dividend, Q2 2015 results

Mon, 07/27/2015 - 4:23pm -- tim

Vermont Business Magazine Merchants Bancshares, Inc (NASDAQ: MBVT), the parent company of Merchants Bank, today announced net income of $3.12 million and $6.45 million, or diluted earnings per share of $0.49 and $1.02 for the three and six months ended June 30, 2015, respectively. This compares to net income of $3.41 million and $6.82 million, or diluted earnings per share of $0.54 and $1.07 for the three and six months ended June 30, 2014, respectively.

Home sales in Northwest Vermont jump 13.7 during first six months, prices up 5.7 percent

Mon, 07/27/2015 - 12:00pm -- tim

Vermont Business Magazine Reinforcing other real estate reports that show strong home sales with a moderate increase in prices, Coldwell Banker Hickok & Boardman Realty today released the Mid-Year 2015 Vermont Market Report for Chittenden, Franklin, Grand Isle, and Addison Counties. Sales jumped 13.7 percent during the first six months of the year, with more residential properties selling in each of the four counties than a year early. Across all four counties tracked in the report, the median sales price rose 5.7 percent.

Champlain Housing Trust among those named in $1.2 million grant

Mon, 07/27/2015 - 11:47am -- tim

Vermont Business Magazine A Vermont nonprofit is among nine grantees that will collectively receive nearly $1.2 million in grants to improve rural lives. The grant, announced today, is to rehabilitate or replace substandard homes, according to NeighborWorks America, a national nonprofit that creates opportunities for people to live in affordable homes, improve their lives and strengthen their communities. In support of the Safe and Sound initiative, Wells Fargo Housing Foundation donated $1 million and is the lead funder of the effort.

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