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Credit scores show a noticeable division across nation, VT and NH high

Wed, 06/12/2019 - 1:05pm -- tim

Vermont Business Magazine Having a good credit score is a sign of good financial health. We all know that reducing your debt, and not spending beyond what you can afford can help increase your credit score.  But, here's a surprise: good credit scores are not evenly distributed across the US. Vermont and New Hampshire ranked 2 and 3 best and were among only four states an average credit rating above 700. As a general rule, the average credit score is higher in northern states than the average credit score in southern states.

Twelve non-profits to receive charitable gift from Hickok & Boardman

Wed, 06/12/2019 - 11:51am -- tim

Vermont Business Magazine The Hickok & Boardman Network of Companies is pleased to announce twelve non-profit recipients of their 2019 charitable gifts, including: Children’s Literacy Foundation, Kids on the Ball, Cancer Patient Support Foundation, Steps to End Domestic Violence, Lake Champlain Committee, C.I.D.E.R. (Champlain Islanders Developing Essential Resources, Inc.), Hope Lodge, Mount Mansfield Village, H.O.P.E. in Lyndonville (Helping Other People Every day), Therapy Dogs of Vermont, Passion 4 Paws and an employee family member in need from the Town of Barre.

Woman in insanity dismissal re-arrested on weapons charge

Wed, 06/12/2019 - 11:09am -- tim

Vermont Business Magazine The controversial dismissal of charges against three individuals alleged to have committed violent crimes has taken another turn. The Office of the United States Attorney for the District of Vermont announced today that Veronica Lewis was charged yesterday by Criminal Complaint in US District Court with unlawfully possessing a firearm after having been adjudicated as mentally defective, in violation of 18 U.S.C. § 922(g)(4), and possessing a stolen firearm, in violation of 18 U.S.C. § 922(j).

Vermont economic development news and events

Wed, 06/12/2019 - 10:30am -- Brandon

Vermont Business Magazine The Vermont Department of Economic Development has sent a letter regarding upcoming events and recapping news from the closing of the 2019 legislative session. While the department is preparing for the new worker incentive program that will offer $7,500 in relocation cost offsets to those moving to Vermont to work for a Vermont-based employer, it also noted several recent events like the ribbon-cutting at Vermont Systems, supporting five Vermont businesses in Chicago at the National Restaurant Association show, and sending a representative to the US China Governors Collaboration Summit held in Lexington, Kentucky. The department honored one of its own who received a Public Service Recognition award for 2019 at the governor's state employee awards ceremony.

Subaru and Scott Speed take Rallycross win at Mid-Ohio

Wed, 06/12/2019 - 2:54am -- tim

Vermont Business Magazine Subaru Motorsports USA (managed by Vermont SportsCar in Milton) driver Scott Speed topped the podium at the 2019 Americas Rallycross (ARX) season-opener at the Mid-Ohio Sports Car Course, closing a dominant weekend with a wire-to-wire winning drive in the final race. Speed and teammate Chris Atkinson ensured an all-Subaru front row in the final by winning both of Sunday's semi-final heats, showing off the pace of their WRX STI rallycross cars and paving the way for Speed's victory in his first-ever race with Subaru.

Matthew Derr: Higher education complicit in climate emergency

Tue, 06/11/2019 - 4:26pm -- tim
Vermont’s Sterling College Adopts New Mission & Vision
Vermont Business Magazine The president of Sterling College today said higher education is contributing to the catastrophic loss of the planet’s biodiversity and is worsening the effects of climate change by leaving a generation unprepared for the ecological and social crises ahead.

Northern Vermont University online expands programs and lowers tuition for fall 2019

Tue, 06/11/2019 - 3:32pm -- Brandon

Vermont Business Magazine Northern Vermont University has implemented the first of two 2019 tuition reductions, added programs and introduced a live hybrid model for its popular NVU Online division. The measures address the need for affordability and flexibility with degree and certificate programs and help Vermont advance workforce goals.  

Economic survey shows better business climate, but workforce worries

Tue, 06/11/2019 - 3:24pm -- tim

Vermont Business Magazine Today, Lisa Ventriss, President of Vermont Business Roundtable (VBR) and Jeffrey Carr, President, Economic & Policy Resources (EPR), announced the Q2 of 2019 outlook results of their joint initiative, the VBR/EPR Business Conditions Survey and Index: More than three-quarters of respondents shared negative outlooks specifically with ease of hiring for available positions; meanwhile, respondents expressed a neutral outlook about the state’s overall business climate, tempering the negative outlook of the previous survey.

Scott signs insurance innovation waiver bill

Tue, 06/11/2019 - 3:01pm -- tim

Vermont Business Magazine Monday, Governor Phil Scott signed S131, an act relating to the creation of an insurance “regulatory sandbox” that permits the Commissioner of Financial Regulation to grant limited-duration innovation waivers. The waivers are designed to enable companies to offer innovative or more efficient insurance products and services to Vermont consumers. With this legislation, Vermont becomes one of only two states to offer this incentive for insurance innovation.