News

People's United Financial reports Q1 earnings, announces dividend increase

Thu Apr 18 2013
People's United Financial, Inc (NASDAQ: PBCT) today reported net income of $52.5 million, or $0.16 per share, for the first quarter of 2013, compared to$57.3 million, or $0.17 per share, for the first quarter of 2012, and $61.2 million, or 

Entergy provides preliminary first quarter earnings guidance

Thu Apr 18 2013
Entergy Corporation (NYSE: ETR), owner of the Vermont Yankee nuclear power plant in Vernon, today indicated that it expects first quarter 2013 as-reported earnings of approximately $0.89 per share and operational earnings of approximately $0.93 p

Vermont’s Irene recovery officer to present Johnson State’s commencement address

Thu Apr 18 2013
Sue Minter, Vermont deputy secretary of transportation and Irene recovery officer, will be the featured speaker at Johnson State College’s 146th annual Commencement ceremony on Saturday, May 18.

Farm tours and culinary workshops promote the food of Rutland County

Wed Apr 17 2013
This April through September, RAFFL, the Rutland Area Farm and Food Link, a Rutland based nonprofit working to support area farms and strengthen its community, will offer monthly farm tours and culinary workshops to the public. The series, titled, Real Farms, Real Food, Real Rutland, is funded by a specialty crop grant from the USDA and Vermont Agency of Agriculture. It will allow those interested to get onto the farms of Rutland County and then learn how to cook the foods.

Union Bankshares announces increase in net income for Q1

Wed Apr 17 2013
Union Bankshares, Inc (NASDAQ - UNB) today announced Net Income for the first quarter 2013 of $1.7 million, or $0.39 per share, compared to $1.2 million, or $0.28 per share, for 2012.  The $510,000, or 41.6% increase in net income year over year is attributable to an increase in noninterest income of $253,000, or 13.3%, a decrease in provision for loan loss of $120,000, or 66.7%, and a decrease in noninterest expenses of  $362,000, or 6.5%.  

Leahy comments on Vermont’s priorities in immigration reform

Wed Apr 17 2013
Vermont Senator Patrick Leahy, chairman of the Senate Judiciary Committee, released the following comments on Vermont’s priorities in immigration reform and the proposals from the 'Gang Of Eight.'

Construction begins on two residence halls at Champlain College

Wed Apr 17 2013
PC Construction has started work on two new residence halls at Champlain College in Burlington that will house 180 students when completed in July 2014. The Res Tri Project consists of three residence halls, green space, landscaping and a promenade in the area bounded by Main Street, South Willard Street, Maple Street and Edmunds School on the 4.66 acre site.

News analysis: The high cost of clean power

Wed Apr 17 2013
by Chris Braithwaite, Barton Chronicle Solar energy may come to Barton soon at the Barton Solar Farm at 1603 Glover Road.  A fairly large project at 1.8 megawatts (MW), it would produce the amount of power consumed, on average, by more than 300 Vermont homes.

RE/MAX report shows continued growth in real estate sales, prices

Wed Apr 17 2013
In March, Vermont saw a 5 percent increase in transactions year-over-year, with a median home price boost of 4.2 percent. RE/MAX of New England’s March Monthly Housing Report illustrates that with a continued decrease in inventory, the overall New England housing market experienced double-digit growth in the number of units sold, month-over-month and year-over-year, home prices have increased an average of 3.7 percent across the

Shumlin to promote electric vehicles at the State House Thursday

Wed Apr 17 2013
Governor  Peter Shumlin, attending a Drive Electric Vermont celebration of electric vehicles in Vermont, today announced that the State Fleet program will launch a plug-in electric hybrid vehicle to further Vermont’s goals to reduce reliance on gasoline and reduce greenhouse gas emissions.  The electric sedan -- a Toyota Prius plug-in hybrid -- was plugged in today at a new charging station located near the State House on Governor Aiken Avenue.  

State’s Irene recovery fund winding down major activity, but applications still being accepted and processed

Wed Apr 17 2013
by Nat Rudarakanchana April 17, 2013 vtdigger.org The Vermont Long-Term Disaster Recovery Group, a nonprofit which administers disaster relief funds, is gradually decelerating its disaster relief efforts as more Irene victims find themselves in happier circumstances.

Winooski's Rep Cross to bring F-35 fight to House floor

Wed Apr 17 2013
by Nat Rudarakanchana April 16, 2013 vtdigger.org Winooski House Democrat George Cross plans to continue his longstanding fight over stationing F-35 fighter jets in Burlington right onto the House floor on Wednesday, as the House General, Housing and Military Affairs Committee considers a military “omnibus” bill.

Mark Perrin appointed to the Vermont State Board of Education

Wed Apr 17 2013
Governor Shumlin appointed Mark Perrin, a resident of Middlebury, to the State Board of Education on April 12, 2013 to serve a six year term (2013-2019).  

Winter is not over in Southern Vermont: Mount Snow reopening this weekend

Tue Apr 16 2013
Thanks to a deep snow pack on the trails of Mount Snow’s Carinthia, the east’s only all freestyle terrain mountain face, the southern Vermont resort has decided to reopen for one more weekend of skiing and riding this Saturday and Sunday, April 20 and 21, rain or shine.  Mount Snow opened for the season in mid-November and this will stand as one of its latest closing dates in the last decade.

Green Mountain College earns perfect environmental rating in Princeton Review guide

Tue Apr 16 2013
Green Mountain College continues to earn accolades as one of the greenest colleges in the country. GMC received a perfect "99" green rating in the 2013 edition of The Princeton Review's Guide to 322 Green Colleges released today. 

Shumlin officials offer compromise budget proposal

Tue Apr 16 2013
by Anne Galloway April 16, 2013 vtdigger.org Senator Jane Kitchel’s triple-layer maple cake with boiled icing and Danville butternuts wasn’t enough to sweeten the mood in Senate Appropriations on Monday.

Bond Auto Parts receives Corporate Partner of the Year award

Tue Apr 16 2013
On April 11, 2013, Make-A-Wish Vermont presented a new award, the Corporate Partner of the Year Award. The recipient of this award has shown passion for our mission, generosity of goods and/or services, countless hours of time and significant monetary contributions to Make-A-Wish Vermont throughout the year. 

US Department of Labor provides additional $770,000 to continue storm cleanup, recovery

Tue Apr 16 2013
The US Department of Labor today announced a $770,000 National Emergency Grant increment to continue clean-up and recovery efforts in Vermont following Tropical Storm Irene. 

Business community questions increasing state unemployment benefits

Tue Apr 16 2013
by Nat Rudarakanchana April 16, 2013 vtdigger.org The state’s business community is opposing a raise in state benefits for unemployed workers. The companies and trade associations argue the increase is fiscally unwise and a repudiation of a tough political compromise worked out in 2010, in the wake of the recession.

Flags to be lowered to half staff - immediately, Tuesday, April 16, 2013

Tue Apr 16 2013
As a mark of respect for the victims of the Boston Marathon bombings, President Obama has directed that flags be flown at half-staff effective immediately and ending at sunset April 20, 2013. The Vermont State House, all Federal and State Facilities around the state and public buildings and grounds around the state. Per Federal Code P.L. 94-344 and Presidential Order. Which flags will be lowered: The US flag, Vermont State flag, POW flags, and any other flags ** Date the flags are to be lowered: Immediately, Tuesday, April 16, 2013

Senate Health and Welfare Committee rejects Reach Up cap

Tue Apr 16 2013
by Alicia Freese April 15, 2013 vtdigger.org The Senate Health and Welfare Committee is calling for a “timeout” on the proposal to put a time limit on the state’s family welfare program. Breaking ranks with the Shumlin administration and the House, the committee is drafting a memo to the Senate Appropriations Committee, asking it to hold off on capping Reach Up benefits.

House Ways and Means passes bill to curb school spending

Tue Apr 16 2013
by Alicia Freese April 15, 2013 vtdigger.org Done with the task of devising next year’s revenue package, the House tax committee took up a second colossal task — reining in education spending.

VEDA approved $9.2 million in business development financing

Tue Apr 16 2013
The Vermont Economic Development Authority (VEDA) approved $9.2 million in business and agricultural financing to support a variety of economic development projects throughout the state.  “The Authority is pleased to provide financing assistance to help further the economic growth goals and jobs expansion efforts of these bus

Advocates push for bill requiring labeling of genetically engineered food

Tue Apr 16 2013
by Andrew Stein April 16, 2013 vtdigger.org More than 6,800 Vermonters and 175 businesses have signed a petition calling on the state Legislature to pass legislation that would require the labeling of genetically engineered (GE) foods sold in Vermont.

Vermont’s Exchange to award $2 million to community partners for outreach and enrollment

Tue Apr 16 2013
The Department of Vermont Health Access (DVHA) has announced an open, competitive grant application for Vermont Health Connect’s Navigator program.  Through the application, the State seeks to identify organizations best qualified to help small businesses and eligible Vermonters access health coverage. A total of $2 million in grants will be announced in late May.  

Subsidies for state health care programs could see boost from Senate

Tue Apr 16 2013
by Andrew Stein April 15, 2013 vtdigger.org The Senate Health and Welfare Committee plans to vote this week on whether to recommend millions of dollars more in health insurance assistance for low- and middle-income Vermonters. And their proposal may very well call for leaving a contentious employer assessment on the table.

Marijuana decrim bill passes in House after lengthy debate

Tue Apr 16 2013
by Alicia Freese April 16, 2013 vtdigger.org The House passed the marijuana decriminalization bill today, with one modification.

Act 250 coordinator: Tar sands requires Vermont permit

Tue Apr 16 2013
by Andrew Stein April 15, 2013 vtdigger.org If the Portland Pipe Line Corp. wants to pump oil from Alberta’s tar sands region through Vermont, the company will need an Act 250 permit.

Pete Johnson of Pete’s Greens named Vermont Small Business Person of the Year

Mon Apr 15 2013
The Small Business Administration announced the 2013 Vermont small business award winners April 15.The premier accolade, 2013 Vermont Small Business Person of the Year, is awarded to Pete Johnson, Pete’s Greens owner. Johnson was selected as the SBPY for his outstanding leadership related to his company’s staying power, employee growth, sales increase, innovative ingenuity and contributions to the community.

'Mud Season’: Stay off the trails to protect them

Mon Apr 15 2013
The Green Mountain Club today announced the start to “mud season” and urged hikers to stay off muddy and high-elevation trails unless they still have extensive snow or ice cover.   Rain and melting snow at higher elevations cause wet and muddy conditions on many of Vermont's hiking trails. When hikers tramp on saturated soils, they cause irreversible erosion and damage to the trail and surrounding vegetation. 
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