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Vermont House resolution recognizes the Winston Prouty Center’s 50th anniversary

Wed, 01/23/2019 - 3:18am -- tim

Vermont Business Magazine A delegation of staff and Board members from the Winston Prouty Center for Child and Family Development traveled to the Statehouse on January 16th to hear the official reading of HR 3, a House concurrent resolution congratulating the Winston Prouty Center for Child and Family Development on its 50th anniversary. The resolution was offered by Representatives Mollie Burke, Tristian Toleno, and Emilie Kornheiser of Brattleboro, and Windham County Senators Becca Balint and Jeannette White.

Stowe Area Realty launches Vermont.RealEstate Website

Wed, 01/23/2019 - 2:50am -- tim

Vermont Business Magazine Stowe Area Realty announces the launch of its new website at Vermont.RealEstate. Vermont.RealEstate is a county-by-county Network of dedicated real estate agents hand-selected and presented by Stowe Area Realty. The site provides statewide real estate services for those looking to move to Vermont, helping connect prospective buyers and sellers with these preferred affiliates who are active in their communities, build quality relationships with customers and demonstrate professionalism and attentiveness during every sale.

Scott names Hal Colston to fill Winooski seat

Tue, 01/22/2019 - 6:12pm -- tim

Vermont Business Magazine Governor Phil Scott today announced the appointment of Hal Colston as Representative for the Chittenden-6-7 district serving the City of Winooski and parts of Burlington in the House of Representatives. Colston, a Democrat, will serve the two-seat district along with Representative Diana Gonzalez (P). Colston, a resident of Winooski, was appointed to fill the seat vacated by former Representative Clem Bissonnette, also a Democrat.

Vermont gets over $1.2million in hip replacement case

Tue, 01/22/2019 - 5:00pm -- tim

Vermont Business Magazine Attorney General TJ Donovan announced today that he and 45 other attorneys general reached a $120 million settlement with Johnson & Johnson and DePuy to resolve allegations that DePuy unlawfully promoted its metal-on-metal hip implant devices, the ASR XL and the Pinnacle Ultamet. Vermont will receive over $1.2 million pursuant to the settlement.

Leahy and Scott announce grant to support forestry industry

Tue, 01/22/2019 - 4:25pm -- tim

Vermont Business Magazine Governor Phil Scott (R) and US Senator Patrick Leahy (D) on Tuesday encouraged Vermont communities struggling to overcome the decline in the forestry industry to consider utilizing a new $7 million grant program to spur new economic opportunities. The NBRC (Northern Border Regional Commission) is seeking grant proposals through its newly launched Regional Forest Economy Partnership from governmental units and non-profit organizations across the four-state region from New York to Maine, including Vermont.

VSECU increases ‘Member Emergency Loan’ to $3,000

Tue, 01/22/2019 - 4:13pm -- tim

Vermont Business Magazine VSECU, a credit union for everyone who lives or works in Vermont, is increasing the amount of assistance available for members impacted by the partial government shutdown. Members on federal furlough, or are working without pay, can now take out a low-rate loan of up to $3,000 through the Member Emergency Loan (MEL). VSECU began offering this loan in December 2018 at an amount of $1,500, with the intention of helping to replace the lost wages of furloughed federal employees, including military personnel.

Welch: ‘Never again’ should federal employees work without pay

Tue, 01/22/2019 - 3:31pm -- tim

Vermont Business Magazine Before boarding a flight at Burlington International Airport this morning to return to Washington, Representative. Peter Welch (D-Vermont) unveiled legislation that will put an end to the practice of requiring federal employees to work without pay during the current or any future government shutdown. Welch will introduce his legislation in the House of Representatives later this afternoon. Last Sunday, Welch met during a shift change at the airport with dozens of TSA agents, air traffic controllers, and National Weather Service employees.

PAI: The path to the Blueprint

Tue, 01/22/2019 - 3:21pm -- tim

by Jack Hoffman Public Assets Institute Governor Phil Scott has initially distanced himself from a plan to abolish local school boards and replace them with a single entity run from Montpelier. But the Greatly Simplified School District (GSSD), as it’s dubbed, is clearly the next logical step for an administration that is determined to drive down education spending and doesn’t trust local school boards to do the job.

Scott issues directive making more federal workers eligible for unemployment benefits

Tue, 01/22/2019 - 11:53am -- tim

Vermont Business Magazine The Vermont Department of Labor (VDOL) announced today that federal workers in Vermont who are required to work without pay because of the ongoing federal government shutdown will be eligible to receive unemployment insurance benefits. With the support of legislative leaders, Governor Scott has directed the Commissioner of Labor to treat “essential” and “excepted” federal employees the same as other furloughed employees for the purposes of Unemployment Insurance benefit eligibility.

Vermont Mutual designated A+ Superior by A.M. Best

Tue, 01/22/2019 - 11:27am -- tim

Vermont Business Magazine A.M. Best Company, the global rating agency for the insurance industry, has once again affirmed the Financial Strength Rating of A+ (Superior) for Vermont Mutual Insurance Group. A.M. Best’s Financial Strength Rating is an independent opinion of an insurer’s financial strength and ability to meet its ongoing insurance policy and contract obligations.

City Market donates nearly $20,000 from 21st annual tree sale

Tue, 01/22/2019 - 9:45am -- tim

Vermont Business Magazine Last month, City Market offered its 21st Annual COTS Tree Sale to benefit Vermont’s Committee on Temporary Shelter. City Market once again sold fresh balsams from Moffatt’s Tree Farm in Craftsbury, Vermont. The Co-op sold almost 700 trees starting on Wednesday, December 5 and the net proceeds were donated to COTS. This year, City Market added a new component to the COTS Tree Sale called “Buy a Tree, Plant a Tree”. For each tree purchased, City Market donated funding for the Intervale Center to plant a tree in Vermont; these plantings will take place in the spring of 2019. City Market staff, Co-op Members, and community volunteers assisted customers with trees throughout the sale.

UVM: Wearable sensor could detect hidden anxiety, depression in children

Tue, 01/22/2019 - 5:44am -- tim

Vermont Business Magazine Anxiety and depression are surprisingly common among young children – as many as one in five kids suffer from one of them, starting as early as the preschool years. But it can be hard to detect these conditions, known as “internalizing disorders,” because the symptoms are so inward-facing that parents, teachers and doctors often fail to notice them.