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. Erin Mansfield is VTDigger’s business and economy reporter. She can be reached at [email protected]

Audit questions state web portal fees

Doug Hoffer: “This system, for a variety of reasons, doesn’t seem like it is properly monitored.”

Merchants Bank merges with Community Bank System, ending an era

Merchants was Vermont’s last state-chartered statewide bank.

Panel recommends $12 million reduction to capital fund

The state treasurer says capping the amount Vermont bonds over the next two years will help to maintain the state’s bond rating.

Jay Peak Resort delinquent on property taxes

Michael Goldberg, the court-appointed receiver for the resort, said he expects to pay the tax bill soon.

Burlington Free Press lays off three reporters

The cuts come on the heels of a report that Gannett planned to reduce its workforce nationwide by 2 percent.

Competition between Burlington, South Burlington to host UVM sports arena heating up

The future location of Catamount hockey and basketball could be determined by which city is willing to raise more in taxes to pay for an arena.

Killington to host women’s World Cup race

Killington has been selected to host one of the year’s first world cup races for women’s giant slalom and slalom.

State Supreme Court ruling effectively kills Milne’s Exit 1 development

The Quechee Highlands business-residential-retail development, in which Scott Milne says he’s invested $4 million, was deemed not in accord with the Two Rivers-Ottauquechee regional plan, a victory for regional planners. Milne says the decision will cost the region 300 jobs.

Women-owned businesses less profitable, study says

Women in Vermont own half as many businesses as men, and the businesses they do own tend to bring in less revenue than male-owned businesses, according to a new study. Change the Story Vermont, a campaign to advance the status of women in the state, performed the study. The data was taken from a 2012 […]

Environmental groups, others throw support behind Burlington Town Center project

BURLINGTON — Environmental, energy and transportation groups have thrown their support behind a $220 million redevelopment of the current Burlington Town Center. The Conservation Law Foundation, the Vermont Natural Resource Council, the Vermont Energy Investment Corporation, the Burlington Electric Commission, and the Chittenden County Regional Transportation Commission all publicly support the new mall and housing […]

Study: UVM generates $1.33 billion for the local economy

The university employed about 4,400 people in 2014, and indirectly created another 6,900 jobs, the study said.

Vermont Country Store looks to Stowe

The Ortons are looking to open a third store in northern Vermont.

Vermont orchards have short apple season

Ever since March 2010, apple crops have clicked into a biennial system due to some kind of weather event, said Terence Bradshaw, research associate at the University of Vermont.

Zutano sold, location in Montpelier closing

The company’s headquarters and distribution have been moved to a facility in Massachusetts,