Vermont Business Magazine The Vermont Department of Health is reporting 425 new cases of COVID-19 since Friday and three more deaths for a total of 175 statewide. Despite the anticipated snowstorm, the vaccine clinics will be open Tuesday. However, people may reschedule their appointments. Over 50,000 Vermonters have received at least one dose of a COVID-19 vaccine and about
Thu, 01/28/2021 - 2:31pm tim
Vermont Business Magazine The Vermont Department of Financial Regulation (DFR) cautions Vermonters about the significant risks associated with investing in publicly traded companies that are experiencing extreme price volatility due to stock speculation.
DFR’s warning comes in light of the stock price volatility experienced over the past few weeks by GameStop Corporation, whose shares trade on the New York Stock Exchange.
GameStop’s price volatility stems from an ongoing battle between a major U.S. hedge fund, Melvin Capital, and amateur stock traders on the internet, mainly from a Reddit community called r/wallstreetbets or WSB.
Vermont Business Magazine The Vermont Department of Health today is reporting 101 new cases of COVID-19 and three more deaths for a statewide total of 168. Local and national officials, however, are suggesting that the third wave of the pandemic has peaked just as vaccine doses get distributed. Also, those state officials, including Governor Scott, who were possibly exposed to
Thu, 01/21/2021 - 1:03pm tim
Vermont Business Magazine The Vermont Department of Economic Development announced today that the State of Vermont licensed 38 new captive insurance companies in 2020, Vermont is now home to 589 licensed captives, consisting of 564 active and 25 dormant captive insurance companies.
“It is great news that Vermont has remained a consistent leader in the captive industry during the coronavirus pandemic,” said Commissioner of Economic Development Joan Goldstein. “Captive insurance plays a key role in our efforts to strengthen the state economy and its growth is welcomed as the pandemic continues to impact every sector of our economy.”
The new captives were licensed in healthcare, real estate, manufacturing, insurance, transportation, technology, construction, and professional services. New and notable companies this year include the University of Southern California, State Street Bank, Saputo, and the Blackstone Group. At least six of Vermont
Vermont Business Magazine The Vermont Department of Health today is reporting 123 new cases of COVID-19 statewide. There have been no deaths since Friday's report, which are holding at 163. The state passed the 10,000 case mark on Sunday. Vermont is the last state to do so.