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IBM to pay $1.5B to drop unprofitable semiconductor manufacturing unit; GlobalFoundries will maintain operations in Essex Junction

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GlobalFoundries will acquire thousands of patents and experienced technical teams as part of the deal.

 

IBM to make announcement this morning about GlobalFoundries deal

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IBM will pay GlobalFoundries $1.5 billion to take over its microelectronics unit, which includes the chip making plant in Essex Junction. IBM employs about 4,000 people in Vermont.

 

‘New Economy’ movement finds fertile ground in Vermont

Marjorie Kelly (center) moderated a panel discussion Wednesday among (left to right): Gwen Hallsmith of the Public Banking Institute; Paul Millman of Chroma Technology; Rich Carpenter of the Addison County Relocalization Network; and Kathy Ruhf of Land for Good. Photo by Hilary Niles/VTDigger
Instead of assuming the value of limitless, money-driven growth, the new economy paradigm promotes careful choices about when and how — or even whether businesses and the economy should get bigger. When ownership is local, the impact of those decisions are more likely to benefit communities, proponents argue.

 

Copley Hospital could face big bill from feds

The new emergency room entrance at Copley Hospital in Morrisville. Stowe Reporter photo by Glenn Callahan
Copley is one of seven small hospitals in Vermont that together could be ordered to repay as much as $12 million.

 

In This State: Progressive publisher Chelsea Green has found a novel way to success

Chelsea Green started out with one unlikely book back in 1984, an eco-fable called "The Man Who Planted Trees." Now co-founder Margo Baldwin has some 250 titles that cram the bookshelves at the publishing office in White River Junction. Photo by Andrew Nemethy
Vermont publisher Chelsea Green has been putting out books with a progressive view for 30 years now. After years of struggle to survive in its niche, today its books, practical to political, hot-button to how-to, are thriving and finding an eager audience.

 

CMS survey reveals near drowning in Brattleboro Retreat’s adolescent unit

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The incident happened on the Tyler 3 adolescent unit, where there have been two suicide attempts in the last six months

 

Ello entrepreneur committed to Vermont

Ello screen shot
Paul Budnitz, the founder of the social media phenomenon Ello, says he will expand the company in Vermont, and he says that with the right branding the state could see more and more stories like his popping up in national headlines.

 

Bargaining resumes, but South Burlington teachers strike continues

South Burlington High School
School board and SBEA fail to reach agreement after first bargaining session in more than a week. Meanwhile, school officials have decided to allow extracurricular activities to continue as scheduled.

 

Digger Projects

2014 Election Candidate Listings

It's election season again in Vermont. Need to know who's running for state and county offices in your area? Try VTDigger's candidate listings tool. Visit project

VTDigger's Legislator Lookup

Enter your address in VTDigger's Legislative Lookup to find your lawmakers and learn more about them, including biographical and contact information, sponsored bills, voting records, committee memberships and campaign finance details. Visit project

Campaign Finance Database

VTDigger's Campaign Finance Database allows you to find out who gives to political campaigns and how candidates raise money in Vermont.

For the first time, and at no cost to taxpayers, users can easily search for donors and candidates by name, quickly retrieve aggregated totals, and explore business and family connections between donors. Visit project

VTDigger / Castleton Institute Poll

The VTDigger/Castleton Polling Institute poll is based on data from 682 interviews drawn from a random sample of registered voters in Vermont. Interviews were conducted by phone by from March 31 to April 7, 2014. Thirteen percent of interviews were conducted with registered voters on cellphones. The data reported are weighted based on estimations of the population of Vermont registered voters to account for differential in response rates among age groups. Visit project

A User's Guide to Vermont Health Connect

This special section explains how Vermont's health care exchange works for individuals and small businesses. The guide includes interactive subsidy graphs, a navigator map and detailed information about subsidies, penalties and tax ramifications. Visit project

Commentary

Willem Post: Biodiesel from sunflowers in Vermont — another RE folly?

As part of the Vermont Bioenergy Initiative, Green Mountain Power hopes to reduce consumer costs, CO2 emissions and other pollutants. It has teamed up with several “pioneering” farmers who grow…

Tom Pelham: Don’t wait until after the election

The key question before Vermonters this election season is can our legislative leaders and governor change their ways and chart a course of sustainable spending.

Jack Hoffman: State policy choices make a difference

Jon Margolis did a nice job of popping some campaign balloons earlier this week with his column about the Vermont economy.

Quote of the Day

“Everyone just assumes I want to run for governor. I may never run for governor, I don’t know. I enjoy being lieutenant governor at this point in time. In the future, if all the stars aligned for me personally and for Vermont as a whole, maybe I’ll do it. If I don’t ever run for governor, that wouldn’t be the worst thing in my life.” — Lt. Gov. Phil Scott

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Comments

  • Anne Galloway commented on Ello entrepreneur committed to Vermont: Michael, Informing readers about Troy's resum (...)
  • Earl Richards commented on Sanders steps into Chevron-Richmond, Calif., battle: To understand the sleaze-side of Chevron, see (...)
  • Michael Colby commented on Ello entrepreneur committed to Vermont: In an interview I just conducted with Shaheen (...)
  • Jamie Carter commented on Morristown joins support of proposal to freeze state school tax rate: "Increasing income taxes is not a solution to (...)
  • Michael Colby commented on Ello entrepreneur committed to Vermont: Hey, I know, how about hiring Sue Allen to do (...)
  • Howie Goldfarb commented on ‘New Economy’ movement finds fertile ground in Vermont: This is a great discussion to have. I do caut (...)
  • Ann Meade commented on Ello entrepreneur committed to Vermont: I am honestly not questioning integrity or in (...)
  • Jay Eshelman commented on ‘New Economy’ movement finds fertile ground in Vermont: Unfortunately, John, (strictly my opinion now (...)
  • Jim Candon commented on Copley Hospital could face big bill from feds: Another moonbat idea gone wrong? (...)
  • Don Coates commented on ‘New Economy’ movement finds fertile ground in Vermont: This "New Economy" movement is nothing more t (...)
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