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Fidelity: 401(k) balances little changed over 2011

Workers stashed money away in their 401(k) retirement plans at a faster clip last year but didn't get an immediate reward for their savings strategy. Fidelity Investments, the nation's biggest 401(k) administrator, says the average account balance was essentially unchanged in 2011, compared with 2010.
Tourism Trends

Even a region as beautiful and interesting as the North Shore can't sell itself.
That's why it was good for local businesses to learn, at last Friday's tourism summit at the Peabody Marriott, that the North of Boston Convention and Visitors Bureau has recovered from recent economic challenges and found new ways to promote Essex County as a tourist destination.
New studio space builds on Beverly's reputation as artist destination

BEVERLY — Jesse Chamberlain, 30, is a Salem jeweler who specializes in creating wedding bands and engagement rings. Though she previously worked in Lynn, she saw an opening on Craigslist for a new studio space in Beverly, and last week moved her tools to a newly remodeled studio at Porter Mill.

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Chamber to host Beverly Business Awards

BEVERLY — The Beverly Chamber of Commerce has a new executive director, a new office and a new event that will recognize some of the city's top businesses and business people.
The Beverly Business Awards will be held tomorrow at 5:30 p.m. at the Danversport Yacht Club in Danvers. The evening will include the announcement of winners in six categories: Businessperson of the Year, Corporate Citizen of the Year, Large Business of the Year, Small Business of the Year, Family business of the Year and Young Entrepreneur of the Year.
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Wenham resident Kathy Schweitzer has joined J Barrett & Co. real estate as executive vice president. Schweitzer previously was chief operating officer of Coldwell Banker Schweitzer Real Estate, one of Michigan's largest real estate franchises. She also co-founded the Detroit chapter of Childhelp, which rescues abused and neglected children and raises funds for organizations.
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Verizon to set up streaming service with Redbox
Obama, GOP spin recent energy stats
For Facebook 'Hacker Way' is way of life
Prius gas mileage getting low
Economy likely started 2012 with solid job growth
2011 home sales down
Wheeler is named Beverly Cooperative Bank president
Peabody farmer scoops up West Newbury land
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College endowments show growth for FY 2011
Euro, rich-poor gap proved key issues at Davos
Twitter's new censorship plan rouses global furor
Auto Scanner: Avoiding top-dollar replacement of Cadillac shocks
Obama to target rising college tuition costs
User-friendly health plan summaries at risk
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Beverly-based Fantastic Sams bought by French firm
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New rules could boost New England renewable power
Wood heat heats up as homeowners give boot to oil
All 2011 unemployment insurance benefits taxable
Mass. Gov. to seek hike in cigarette tax

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