Business & Economy

VTDigger publishes Vermont business and economic news. We also specialize in coverage of state finances and the impact of tax and budget policy on Vermonters. Anne Galloway is the primary reporter on the business and economy beat. She can be reached at [email protected]

Proposed change in VEGI program would fund lower-paying jobs

Creative Commons photo

Lowering the pay threshold for a program that encourages companies to create jobs in Vermont would no longer be linked to the state’s minimum wage.

‘Sodexo’ bill fails in the Senate

Sodexo photo via Creative Commons

The legislation that would have prohibited companies from penalizing employees who use sick leave time failed in the Senate on Tuesday.

Telecom bill forms new state oversight arm for buildout of broadband infrastructure

Broadband sign. Photo by Paul Nicholson.

Department of Public Service will oversee the state’s Connectivity Fund programs which bring broadband to rural areas of Vermont.

Lawmakers skeptical of giant human services IT project

Sen. Jane Kitchel, D-Caledonia, presides over the Senate Appropriations Committee's final budget writing while Jim Reardon, Commissioner of the Department of Finance and Management, looks on. Photo by Hilary Niles/VTDigger

The cost to maintain the so-called integrated eligibility system worries lawmakers who are already struggling to balance the budget.

Shumlin courts groups angered by Indiana law

Photo by Abi Skipp/via Creative Commons

Gov. Peter Shumlin is inviting organizations that oppose an Indiana “religious freedom” law to move their events to Vermont. He has also barred state-funded travel to the Hoosier State.

Shumlin announces plan to end family, childhood homelessness by 2020

Gov. Peter Shumlin unveiled a new strategy to end much of Vermont’s homelessness by 2020 at a news conference Monday announcing $580,000 in grants for affordable housing and a homeless day center in Burlington. “Even with serious budget challenges, we are fortunate in Vermont to have many of the programs and partnerships already in place […]

VTDigger exclusive: State raises questions about AnC Bio finances

AnC Bio Korea

An affiliated South Korean company began taking steps to extend its operations to Vermont not long after AnC Bio Korea ran into serious financial difficulties.

House passes budget, tax bills

Paul Poirier

House lawmakers fended off a series of amendments Friday in approving a $1.47 billion general fund spending package for fiscal year 2016. They also passed a tax bill that raises $33.2 million in new revenue.

State unemployment rate dips below 4 percent

The state’s unemployment rate dipped to 3.9 percent in February, marking its lowest rate since May 2007. The Vermont Department of Labor released data showing that the percentage of people actively seeking jobs but not finding employment fell from 4.1 percent in January. The lowest unemployment rates were 3.0 percent and 3.3 percent in the […]

House gives budget bill initial OK

Mitzi Johnson

Lawmakers voted 96 to 46 to support a budget package that fills a $113 million gap between projected spending and revenue in 2016.

House approves $33.2 million tax package after political deal-making

Chris Pearson Don Turner

Republicans who had threatened to scuttle the bill decide to live with tax increase rather than risk losing a battle that could result in a greater hike.

State looks to regulate settlement loan companies

Susan Donegan

The companies provide cash advances to plaintiffs who are expected to receive settlements for personal injury cases, workers compensation claims, civil rights cases or multimillion-dollar divorces.

Two-year, $158.6 million capital spending bill advances

Alice Emmons

Budget for state construction projects includes $19.1 million for Waterbury State Complex.

Transportation bill wins preliminary approval

VTrans workers rebuilding a bridge on Route 100 between Moretown and Middlesex. VTD/Josh Larkin

Bill tinkers with gas tax policy to shield against volatility in retail prices.

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