Business & Economy

August unemployment rate up to 4.1 percent

Vermont’s unemployment rate increased to 4.1 percent in August, while the national average dipped to 6.1 percent. The state’s rate is the nation’s third-lowest. Nebraska, South Dakota and Utah, tied for second place at 3.6 percent. North Dakota has the lowest rate at 2.8 percent. The upswing in August to 4.1 percent from a 3.7 […]

Vermont Yankee security supervisors win claim for overtime pay

The Vermont Yankee nuclear power plant in Vernon.

Entergy is likely to owe hundreds of thousands, if not more, after losing a lawsuit brought by four Vermont Yankee employees. The ruling may be applicable to other staffers at the Vermont plant as well.

Food manufacturers seek GMO labeling injunction

Products containing genetically modified ingredients would have to disclose that information on the back of the package near the nutritional facts under Vermont’s bill. Photo by John Herrick/VTDigger

The Grocery Manufacturers Association argues that Vermont’s law mandated that food products containing genetically modified ingredients be labeled should be put on hold until its lawsuit is settled.

New beer accompanies this weekend’s celebration of the St. Albans Raid

St. Albans Raid 150

14th Star Brewery produces The Raider, a spicy beer to accompany this weekend’s events marking the 150th anniversary of Vermont’s only Civil War skirmish.

Slow Money Vermont seeks to connect investors with local food producers

Cheryl DeVos of Kimball Brook Farm Organic Milk shared her experience raising "slow money" capital to restructure her family's business. Photo by Hilary Niles/VTDigger

In the Slow Money paradigm, enhanced quality of local life is prioritized over monetary returns on investments. The new chapter, formed by Vermont’s Farm to Plate Network, is recruiting businesses, investors and volunteers, and will focus primarily on food-related enterprises.

New DCF chief plans to revisit housing vouchers for homeless

Gov. Peter Shumlin talks with an attendee at an affordable housing conference in Randolph on Tuesday. Photo by Laura Krantz/VTDigger

One week into the job, Department for Children and Families Commissioner Ken Schatz wants to explore alternatives to using motels to house homeless people in winter.

Jay Peak CEO urges business leaders to follow their passion

Jay Peak president and CEO Bill Stenger delivers the keynote address at the 5x5x5 Growth Awards dinner Monday.  The event is sponsored by KeyBank Vermont and Vermont Business Magazine. Photo by Hilary Niles/VTDigger

Jay Peak president and CEO Bill Stenger delivers keynote address at annual 5x5x5 Growth awards.

Corren, Sorrell team up to question gas price discrepancy

Progressive lieutenant governor candidate Dean Corren (right) is joined by Attorney General Bill Sorrell at McCaffrey's Sunoco in Burlington on Monday for a news conference on gas prices. Photo by Morgan True/VTDigger

Democratic AG and Progressive candidate for lieutenant governor point to 19-cent per gallon difference between Rutland and Burlington, endorse legislation to allow data collection.

Company that owns 3 southern Vermont newspapers could be sold

Photo courtesy of Stock Exchange.

Digital First Media, the operator of the Bennington Banner, Brattleboro Reformer and Manchester Journal newspapers, announced Friday that it will “evaluate and consider strategic alternatives” that could lead to the sale of some or all of the company.

Chinese investors bump up against EB-5 annual cap

Jay Peak Resort co-owner Bill Stenger said that careful timing of their EB-5 funded construction projects creates full-time employment for the workers. Here, an empty ski slope in the background highlights Stenger's goal to turn the ski resort into a year-round destination. Photo by Hilary Niles/VTDigger

The EB-5 program places an annual limit on investors from a single country. Chinese investors are now exceeding that limit. The resulting logjam could cause problems for EB-5 projects, including some in Vermont.

New state financial disclosures web page goes live

pearce-podium-closer

A new clearinghouse of links to Vermont’s key financial reports is now online through the state treasurer’s office.

Newport State Airport lands $8.8 million federal grant

The Newport State Airport in Coventry has won $8.8 million in federal grants to help pay for expansions. The two Federal Aviation Administration grants come on the heels of $8.1 million awarded to Rutland-Southern Vermont Regional Airport for safety improvements, according to a news release from Vermont’s congressional delegation. The Newport airport’s runway will be […]

Vermont Tech gets new seaplane for flight training

VTC plane tight

The donation of an amphibious Twin Seabee aircraft makes Vermont Tech the country’s only college with flight training in both multi-engine and single-engine planes. The program is part of a growing aviation education industry in Vermont.

VELCO to make up for property tax underpayments

FERRISBURGH — Vermont Electric Power Co. has agreed to pay about $200,000 to five Vermont towns to make up for property tax revenue those towns have lost since 2009 due to a what a VELCO official called a “miscalculation” on how it assessed property in those five towns and Shelburne. Because of its error, VELCO […]

Thanks for reporting an error with the story, "August unemployment rate up to 4.1 percent"