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Regulators reinstate some of St Johnsbury hospital’s requested budget

Sat, 10/10/2015 - 6:31am -- tim

by Erin Mansfield The state’s health care regulatory board decided Wednesday to increase the upcoming year’s budget for the Northeastern Vermont Regional Hospital. The Green Mountain Care Board decided in a 4-1 vote to reinstate some of the St. Johnsbury hospital’s proposed 2016 fiscal year budget.

Bennington's 'The Lightning Jar' coworking space celebrates grand opening

Sat, 10/10/2015 - 5:22am -- tim

Vermont Business Magazine The Lightning Jar, the newest of a growing number of coworking spaces emerging all over the region, officially opened its doors to members this month, commemorating the occasion with a grand opening celebration on Thursday, October 8. Located inside VSECU’s Bennington Branch on 194 North Street, the coworking space offers Bennington area entrepreneurs, contractors, freelancers and knowledge workers shared, informal, open workspace and business facilities that allow for collaboration, innovation, and networking. 

Win a brand new car and support the Vermont Foodbank

Sat, 10/10/2015 - 3:01am -- tim

Vermont Business Magazine Drive for Charity is a unique opportunity to donate to the Vermont Foodbank and enter to win a brand new car. For just $5, participants are entered to win a new Subaru Impreza, Toyota Corolla, Honda Civic, or Toyota Scion tC. Raffle tickets are only available online. The winning vehicle will be furnished by 802 Cars. “We want to raise a ton of money for the Vermont Foodbank, and we hope Vermonters will join us,” said Dave Birmingham, 802 Cars owner.  “Brown bag your lunch in place of dining out, and buy a $5 raffle ticket.

Leahy: Vermont gets $8.7 million for state’s crime victims and victims of domestic and sexual assault

Fri, 10/09/2015 - 3:03pm -- tim

Vermont Business Magazine Senator Patrick Leahy (D-Vermont) on Friday announced that Vermont will receive more than $8.7 million from the US Department of Justice to support victims of crime and enhance programs that serve survivors of domestic and sexual violence. The funding includes a three-fold increase to the Vermont Center for Crime Victims Services (VCCVS), which will receive $4.8 million in Victims of Crime Awards in Fiscal Year 2015 appropriations.

Renewable energy advocates acknowledge public pushback on wind and solar development

Fri, 10/09/2015 - 2:48pm -- tim

by Mark Johnson Advocates for renewable energy in Vermont said Thursday they have much to celebrate, but that significant challenges lay ahead. More than 350 people attended the Renewable Energy Vermont annual conference in South Burlington. Outside, approximately 25 protesters lined the sidewalk in front of the Sheraton Conference center to demonstrate against wind power projects either already built or planned for their communities.

Weekly unemployment claims edge up, still low

Fri, 10/09/2015 - 2:27pm -- tim

Vermont Business Magazine Weekly unemployment claims in Vermont increased slightly above 300 after its historic low last week. Claims are running at their lowest levels since 1999. The graph below shows total August claims since 1977 (historic weekly data not available). The graph also indicates how severe the two major recessions were during this period, with the recession of the early 1980s far exceeding in Vermont the Great Recession of 2008-2009.

Lake Sunapee Bank Group announces 14 cent dividend

Fri, 10/09/2015 - 12:07pm -- tim

Vermont Business Magazine Lake Sunapee Bank Group (NASDAQ: LSBG) has declared a regular quarterly cash dividend of fourteen cents ($0.14) per common share payable October 30, 2015, to stockholders of record as of October 23, 2015. Lake Sunapee Bank has several branches in Vermont. Lake Sunapee Bank Group is the holding company of Lake Sunapee Bank, fsb, a federally chartered savings bank that provides a wide range of life-cycle banking and financial services.

Full Amtrak service resumes Friday

Fri, 10/09/2015 - 11:45am -- tim

Vermont Business Magazine Amtrak Vermonter service will operate normally in both directions on Friday, October 9, making all scheduled stops between Washington and St Albans. Amtrak said in a statement that it regrets any inconvenience. Service was disrupted Monday when the southbound train derailed in Northfield because of a rock slide. Seven passengers were sent to local hospitals and all have since been released. Partial service was restored Thursday.

Bray, Housing Vermont and Audet honored at RE 2015: Leading the Energy REVolution

Fri, 10/09/2015 - 11:21am -- tim

Vermont Business Magazine Renewable Energy Vermont (REV) recognizes a Vermont real estate development company and two Vermonters for their outstanding contributions to the progress of a sustainable energy future at Renewable Energy 2015: “Leading the Energy REVolution”, an annual conference hosted by REV that runs through Friday at the Sheraton Hotel & Conference Center in Burlington. The 2015 Renewable Energy Awards are generously presented by VLITE as part of their continuing commitment to building an energy secure Vermont.

This year’s awardees include:

Northern Vermont forum to explore next steps for Vermont’s climate change economy

Fri, 10/09/2015 - 11:17am -- tim

Vermont Business Magazine Area businesses and nonprofits are increasingly involved with climate change--both its challenges and opportunities. Their creative solutions are becoming a growing part of our state’s economy. What are your experiences? Do you have ideas that can help nurture this sector in Vermont?

More than $3 million headed to Vermont to boost law enforcement and criminal justice programs

Thu, 10/08/2015 - 3:04pm -- tim

Vermont Business Magazine Senator Patrick Leahy (D-Vt.) Thursday announced that more than $3 million in U.S. Department of Justice grants will be coming to Vermont to support programs aimed at reducing crime, tackling heroin abuse, and protecting Vermont’s local and state law enforcement officers.  The funding, included in Fiscal Year 2015 appropriations legislation, includes $70,977 to help 23 local police and sheriff departments to buy 196 new bulletproof vests for their officers.