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Top News & Analysis Vermont

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  • —In 2014, 1.6 percent of the electricity purchased in the U.S. came from Canada, and 60 percent of that went to New England and New York, according to the U.S. Energy Information Administration. Canadian imports made up 12 to 16 percent of retail electricity sales in New England and New York. —In 2014, Hydro- Quebec, the biggest Canadian player in New England, exported...

  • CONCORD, N.H.— Plenty of raw electricity sloshes around in Quebec's rivers and reservoirs, promising relief for U.S. northeasterners, who pay the nation's highest power costs. But getting those electrons to smartphones and air conditioners in Boston, Hartford and New York City is another matter entirely. The six New England governors say reining in the costs is a...

  • Joe Biden: Well, maybe I will after all... Saturday, 1 Aug 2015 | 2:52 PM ET
    Vice President Joe Biden (D-DE) (R) with his son Beau Biden in 2008.

    Vice President Joe Biden has begun to actively explore a presidential campaign, say several people who have spoken to Mr. Biden or his advisers.

  • CEO's $70K starting pay minimum sparks backlash Friday, 31 Jul 2015 | 4:25 PM ET
    Gravity Payments CEO Dan Price attends the Canoche Benefit for the RC22 Foundation on June 3, 2015 in Seattle.

    When Dan Price said he would set a minimum salary of $70K for his 120 employees, he didn’t foresee the turmoil it would cause, NYT reports.

  • SILVER SPRING, Md.— Hillary Rodham Clinton on Thursday offered some support for a proposal in the Senate that would raise the federal minimum wage to $12 an hour, hinting that the higher rate sought by labor unions doesn't have enough support. Patty Murray that would increase the rate to $12 an hour by 2020, which is several dollars less than the $15 backed by labor...

  • Casella meets 2Q profit forecasts Wednesday, 29 Jul 2015 | 5:21 PM ET

    RUTLAND, Vt. _ Casella Waste Systems Inc. on Wednesday reported second-quarter earnings of $1 million. The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of 2 cents per share. Five analysts surveyed by Zacks expected $138.5 million.

  • Skin doctors urge under-18 ban on tanning beds Tuesday, 28 Jul 2015 | 3:37 PM ET

    BOSTON— Dermatologists who treat skin cancer patients urged state lawmakers on Tuesday to approve a bill that would bar anyone under age 18 from using tanning beds, but salon owners accused critics of overstating the risks. Doctors who testified before the Legislature's Public Health Committee said they had seen a sharp rise in the number of young people...

  • NASHUA, N.H.— Hillary Rodham Clinton dodged questions Tuesday about her positions on trade and the Keystone XL pipeline, telling a New Hampshire voter that if the future of the project opposed by environmentalists remains "undecided when I become president, I will answer your question." Bernie Sanders told The Associated Press. Environmental groups vigorously...

  • Merchant Bancshares posts 2Q profit Monday, 27 Jul 2015 | 5:21 PM ET

    SOUTH BURLINGTON, Vt. _ Merchants Bancshares Inc. on Monday reported second-quarter net income of $3.1 million. The bank, based in South Burlington, Vermont, said it had earnings of 49 cents per share. The holding company for Merchants Bank posted revenue of $14.5 million in the period.

  • Solid growth predicted in Vermont's revenue forecast Monday, 27 Jul 2015 | 2:41 PM ET

    Secretary of Administration Justin Johnson said economists told the members of the state Emergency Board that state revenue is now forecast to grow in the current fiscal year by $40.2 million more than the January forecast while the fiscal 2017 forecast is now $29.9 million ahead of the January estimate. Earlier this year the Legislature had to close a...

  • WASHINGTON, July 26- Democratic presidential candidate Hillary Clinton promised on Sunday to push for a dramatic increase in renewable power production, setting a goal of generating enough clean renewable energy to power every U.S. home within 10 years of taking office. Clinton will discuss the proposals during a campaign stop on Monday at an...

  • WASHINGTON— State-run health insurance markets that offer coverage under President Barack Obama's health law are struggling with high costs and disappointing enrollment. Hawaii's marketplace, the latest cautionary tale, was awarded $205 million in federal startup grants. Twelve states and the District of Columbia fully control their markets.

  • NEW YORK, July 25- In a possible setback for Hillary Clinton, the AFL-CIO's political committee has recommended the nation's largest labor union federation delay endorsing a candidate for the 2016 presidential race as it seeks to push her to be more supportive of its policies on issues such as trade and wages. The move highlights the pressures Clinton is facing...

  • NEW YORK, July 24- A federal appeals court on Friday revived a shareholder lawsuit accusing Keurig Green Mountain Inc of misleading shareholders about its business prospects. The 2nd U.S. Circuit Court of Appeals in New York said a lower court judge erred in dismissing the lawsuit, which accused the company, once known as Green Mountain Coffee Roasters, of...

  • BURLINGTON, Vt.— A Vermont natural gas provider and a New York pipe contractor have filed lawsuits against each other claiming breach of contract involving a proposed 42- mile natural gas transmission pipeline. The Burlington Free Press reports Vermont Gas Inc. sued Over& Under Piping Contractors Inc. of Auburn, New York, late last week in Superior Court in...

  • NEW YORK— Hillary Rodham Clinton wants to shift the mindset of corporate America from "quarterly capitalism" to a more long-term approach to the economy and plans to unveil proposals to hike capital gains taxes, review executive compensation rules and warn that shareholder activism can sometimes go too far. Her speech at New York University's Stern School of...

  • CAMBRIDGE, N.Y.— In the midst of quiet lives of prayer, a handful of nuns have sliced out a niche as bakers of high-end cheesecakes, so rich and creamy in flavors of chocolate, amaretto and key lime that they seem downright sinful. In fact, money from the sales help the sisters of New Skete sustain their small monastery in upstate New York. Though the sisters' mastery of...

  • House passes anti-GMO labeling law Thursday, 23 Jul 2015 | 7:13 PM ET
    The U.S. Capitol building

    The House of Representatives passed an anti-GMO labeling law, a win for food and agricultural companies.

  • UPDATE 2-U.S. House passes anti-GMO labeling law Thursday, 23 Jul 2015 | 2:15 PM ET

    July 23- The U.S. House of Representatives on Thursday passed a hotly debated measure that blocks any mandatory labeling of foods made with genetically engineered crops, including pre-empting a state law set to take effect next year in Vermont. It is an attack on transparency,' said Representative John Conyers Jr., a Democrat, in floor debate.

  • House passes bill to prevent mandatory GMO labeling Thursday, 23 Jul 2015 | 2:07 PM ET

    WASHINGTON— Food companies would not have to disclose whether their products include genetically modified ingredients under legislation passed by the House Thursday. So far, Vermont is the only state set to require the labels. Maine and Connecticut have also passed laws requiring the labeling, but those measures don't take effect unless neighboring states...