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  • SOUTH BURLINGTON, Vt. _ Merchants Bancshares Inc. on Thursday reported second-quarter earnings of $4.4 million. The bank, based in South Burlington, Vermont, said it had earnings of 63 cents per share. The holding company for Merchants Bank posted revenue of $17.1 million in the period.

  • NEW YORK— The Republican Party has taken a page straight out of the campaign books of Bernie Sanders and Elizabeth Warren. In the party's 2016 platform, the GOP advocates for reinstating the Glass-Steagall Act, a Depression-era law that regulated the U.S. banking industry until it was repealed in 1999. "It's a spectacular about-face by the Republican Party," said...

  • District Judge Randolph Moss in Washington, D.C. ruled that AstraZeneca was not likely to win a lawsuit claiming it should get seven more years of exclusive rights to the drug thanks to its recent approval to treat a rare pediatric illness. Crestor, which accounted for more than 20 percent of AstraZeneca's $23.6 billion in sales last year, was approved by the FDA...

  • Congress sent legislation to President Barack Obama on Thursday that would require most food packages to carry a text label, a symbol or an electronic code readable by smartphone that indicates whether the food contains genetically modified ingredients, or GMOs. The White House says Obama will sign the bill, which would pre-empt a Vermont law that kicked in...

  • WILLIAMSVILLE, N.Y.— Western New York- based Tops Friendly Markets is buying five supermarkets in the Hudson Valley and one in north central Massachusetts. The company said Wednesday that it has entered into an agreement with Stop& Shop to acquire its stores in Rhinebeck, Wappingers Falls and New Paltz, and in Gardner, Massachusetts. The Gardner store will be the...

  • Why the senator backs the most expensive weapons program in history

    A look at why the senator backs the most expensive weapons program in history.

  • WASHINGTON, July 9- A trade deal fight led by U.S. Democratic presidential candidate Bernie Sanders on Saturday failed to fully materialize as rival and presumptive nominee Hillary Clinton announced a compromise to expand mandatory healthcare funding over the next decade. At a meeting of the Democratic Party draft platform committee in Orlando, Florida, on...

  • WASHINGTON, July 9- Presumptive Democratic presidential nominee Hillary Clinton on Saturday announced a proposal to expand mandatory healthcare funding by $40 billion over the next 10 years, highlighting the influence that rival Democrat Bernie Sanders has had on her campaign. "Clinton will also affirm her commitment to give Americans in every state the...

  • July 7- The U.S. Senate on Thursday approved legislation that would for the first time require food to carry labels listing genetically-modified ingredients, which labeling supporters say could create loopholes for some U.S. crops. The Senate voted 63-30 for the bill that would display GMO contents with words, pictures or a bar code that can be scanned with...

  • Drawing praise from farmers, Republican Pat Roberts from Kansas and Democrat Debbie Stabenow of Michigan have sponsored a bill that is the latest attempt to introduce a national standard that would override state laws, including Vermont's that some say is more stringent, and comes amid growing calls from consumers for greater transparency.

  • WASHINGTON, June 30- More than 100 Nobel laureates called on the international environmental group Greenpeace on Thursday to end its opposition to genetically modified crops, saying there is a scientific consensus they are safe and can benefit society. The laureates called on Greenpeace specifically to stop opposing the grain, as well as related...

  • WASHINGTON, June 29- The U.S. Senate gave solid approval on Wednesday to a relief plan to help Puerto Rico address its $70 billion debt, sending the measure to President Obama for his signing into law just ahead of a possible default by the U.S. territory on its next debt payment. "This bill is not perfect, but it is a critical first step toward economic recovery and...

  • WASHINGTON, June 29- The U.S. Senate gave solid approval on Wednesday to a relief plan to help Puerto Rico address its $70 billion debt, sending the measure to President Obama for his signing into law just ahead of a possible default by the U.S. territory on its next debt payment. "This bill is not perfect, but it is a critical first step toward economic recovery and...

  • Presumptive Republican candidate for President Donald Trump speaks to guests during a policy speech during a campaign stop at Alumisource on June 28, 2016 in Monessen, Pennsylvania.

    Donald Trump vowed on Tuesday to rip up international trade deals and start an offensive against Chinese economic practices, the NYT reports.

  • June 28- Coca-Cola Co's said some products would be temporarily unavailable in Vermont stores as the world's largest beverage maker gears up for a GMO-labeling law going into effect on July 1. Vermont was the first U.S. state to pass a law requiring food companies to label genetically modified organisms on their products. "To avoid multiple labeling changes,...

  • NEW YORK, June 24- Britain's unexpected decision to leave the European Union spurred a global stock market selloff that has inspired some opportunistic U.S. investors to move in the opposite direction. Still, some investors gravitated toward U.S. companies that are relatively insulated from Europe and can withstand what many expect are coming referendums in...

  • NEW YORK, June 24- Britain's unexpected decision to leave the European Union spurred a global stock market selloff that has inspired some opportunistic U.S. investors to move in the opposite direction. Still, some investors gravitated toward U.S. companies that are relatively insulated from Europe and can withstand what many expect are coming referendums in...

  • WASHINGTON, June 6- The corporate income tax is a major revenue source for the U.S. government, but it has been shrinking for decades and the three main presidential candidates could not differ more dramatically on what to do about it. Republican Donald Trump and Democrats Hillary Clinton and Bernie Sanders have starkly contrasting plans, some more detailed...

  • June 2- Three days before Puerto Rico's Democratic presidential primary, Bernie Sanders leveled a blistering attack on a restructuring bill moving through the U.S. Congress and offered a radically different approach to fixing the territory's $70 billion debt problem. "It is morally reprehensible that Wall Street vulture funds are demanding that Puerto...

  • President Barack Obama slammed Donald Trump's proposal to weaken Wall Street reforms and touted his own economic record on Wednesday during a trip to a city he visited three weeks into his presidency that has recovered from its recession lows. "How it is that somebody would propose that we weaken regulations on Wall Street? By going to Elkhart, the president...