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Top News & Analysis Vermont

  • Feb 21- Insurance giant American International Group Inc has reached a deal to sell one of its lesser-known assets: a northern Vermont ski slope. Vail Resorts Inc, a Brookfield, Colorado- based company that runs mountain resorts, has signed a $50 million agreement to buy the ski operations of Stowe Mountain Resort from AIG's real-estate business, the resort...

  • Joe Ready, head of Wells Fargo's institutional retirement plan business, for example, told trustees of the city of San Diego's defined contribution plan that participants' $1 billion in assets were walled off from other parts of Wells Fargo. San Diego pension officials declined to comment for this story. Wells Fargo declined to make Ready available and said it...

  • HAVANA, Feb 20- The Mississippi ports of Pascagoula and Gulfport signed agreements in Cuba on Monday with an eye to future business and with a Republican U.S. senator from the state looking on, despite concerns President Donald Trump might backtrack on improved relations. There is great potential for business between these ports and Cuba due to the...

  • WASHINGTON, Feb 13- Marathon Pharmaceuticals LLC said on Monday it was "pausing" the launch of its Duchenne muscular dystrophy drug after U.S. lawmakers questioned why the company priced it at $89,000 a year when patients had been able to import it for as little as $1,000. Marathon's drug, Emflaza, known generically as deflazacort, is a steroid, one of a class of drugs...

  • WASHINGTON, Feb 13- Two U.S. lawmakers have called on privately held Marathon Pharmaceuticals LLC to explain how it came to price its newly approved drug to treat Duchenne muscular dystrophy at $89,000 a year when patients have for decades been able to acquire it overseas for as little as $1,000. The drug, Emflaza, known generically as deflazacort, is a steroid, one...

  • Jan 24- A powerful storm that killed at least 21 people in the southern United States over the weekend was expected on Tuesday to bring heavy snow and wind gusts to the Northeast, causing school closings, treacherous driving conditions and power outages. The storm, known as a nor'easter, was forecast to bring snowfalls of up to 9 inches along with icy rains and wind...

  • California, Maryland, Vermont and Illinois since 2014 have enacted statutes codifying the Affordable Care Act's contraception mandate in state law and expanding on the federal law's requirements. Democratic lawmakers in New York, Minnesota, Colorado and Massachusetts said they are pursuing similar measures this year, with Obamacare under mortal threat...

  • Jan 4- Big U.S. banks are set on getting Congress this year to loosen or eliminate the Volcker rule against using depositors' funds for speculative bets on the bank's own account, a test case of whether Wall Street can flex its muscle in Washington again. In interviews over the past several weeks, half a dozen industry lobbyists said they began meeting with...

  • WASHINGTON, Jan 3- In a wide-ranging request for documents and analysis, President-elect Donald Trump's transition team asked the Department of Homeland Security last month to assess all assets available for border wall and barrier construction. A spokeswoman for the Department of Homeland Security and U.S. Customs and Border Protection declined to...

  • Cyber Security

    A code associated with a broad Russian hacking campaign has been detected on a laptop associated with a Vermont electric utility.

  • WASHINGTON, Dec 30- A code associated with a broad Russian hacking campaign dubbed Grizzly Steppe by the Obama administration has been detected on a laptop associated with a Vermont electric utility but not connected to the grid, the utility said on Friday. "We took immediate action to isolate the laptop and alerted federal officials of this finding," the...

  • WASHINGTON, Dec 30- A code associated with the Russian hacking operation dubbed Grizzly Steppe by the Obama administration has been detected on a laptop associated with a Vermont electric utility but not connected to the grid, the utility said on Friday. "We took immediate action to isolate the laptop and alerted federal officials of this finding," the...

  • WASHINGTON, Dec 30- A code associated with the Russian hacking operation dubbed Grizzly Steppe by the Obama administration has been detected within the system of a Vermont electric utility, The Washington Post reported on Friday, citing unnamed U.S. officials. Federal officials have shared the malware code used in Grizzly Steppe with utility executives...

  • WASHINGTON, Dec 30- A code associated with the Russian hacking operation dubbed Grizzly Steppe by the Obama administration has been detected within the system of a Vermont electric utility, The Washington Post reported on Friday, citing unnamed U.S. officials. While it is unclear which utility reported the incident, there are just two major utilities in...

  • WASHINGTON, Dec 28- Democrats on the U.S. Senate's environment panel on Wednesday asked President-elect Donald Trump's choice to head the Environmental Protection Agency to disclose his ties to the energy industry ahead of his confirmation hearing early next year. The six senators sent a letter to Scott Pruitt, who as Oklahoma Attorney General led several...

  • Hillary Clinton speaks as Donald Trump looks on during the town hall presidential debate at Washington University on October 9, 2016 in St Louis, Missouri.

    Mostly Democratic lawmakers want their states to join a 10-year-old movement to work around the Electoral College.

  • Sanders wants Americans to rally against Trump's presidency

    Bernie Sanders is urging millions of people to rally to prevent the removal of key rights such as abortion

  • Bernie Sanders may run for president again in 2020

    The Vermont senator says he will not rule out another presidential bid four years from now.

  • Ron Read

    CNBC's Landon Dowdy breaks down the story of the late Vermont janitor who moonlighted as a stock-picker.

  • A shopper reading a food label in a market.

    Obama has signed a law that would require all food labels to declare whether the item contains GMO's, NBC News reported.