SalemNews.com, Salem, MA Business

Loose harness can trigger Escape sensor

2012-05-26T05:00:00-04:00

Q: I have a 2008 Ford Escape, and I am having an issue with my ABS and traction control. When I first start the vehicle, the ABS light and traction control lights are off, but moments after I start driving or once I take a left turn, the car starts to stutter, the ABS and traction control light both start blinking, but shut off as soon as I straighten out the car and it runs perfect again. (This does not happen taking a right turn.) Minutes later, after I drive a mile or longer, both the ABS and traction control light will turn on and stay on as long as the car is running. I can take left turns with no problems; almost like there's no problem with the car at all. Any thoughts as to what this could be? It all started when I was pulling a small utility trailer with nothing on it.

Typical CEO made $9.6M last year, AP study finds

2012-05-25T06:24:30-04:00

Profits at big U.S. companies broke records last year, and so did pay for CEOs.

The head of a typical public company made $9.6 million in 2011, according to an analysis by The Associated Press using data from Equilar, an executive pay research firm.

Mass. fishermen: No sure way to rise above woes

2012-05-24T05:57:02-04:00

A newly formed group to help fishermen outlast an 80 percent cut in their yellowtail flounder catch offered no certain solutions Wednesday to a battered fishing industry some warn will soon collapse.

A SOLAR BURST

2012-05-23T04:33:00-04:00

DANVERS — The roof of the Walmart on Brooksby Village Drive soon could be sporting solar panels, bringing the world's largest retailer one step closer to its goal of being 100 percent powered by renewable energy.

Business briefcase

2012-05-23T04:32:00-04:00

People
Tom Torello was named vice president of marketing and communications at Salem State University. Most recently, Torello was vice president of university relations at Pace University in New York. He has also worked in marketing at Rensselaer Polytechnic Institute and at Ithaca College. Torello earned his bachelor's degree in communications from Ithaca College, and completed a management development program at Harvard's Graduate School of Education.

Business calendar

2012-05-23T04:31:00-04:00

Wednesday, May 23
Studio 13 After Hours, 4:30 to 6 p.m., Studio 13, 13 Enon St., Beverly. Beverly Chamber of Commerce event. Food, drinks and a complimentary work class. www.s13beverly.com.
Thursday, May 24

Paid sick leave bill faces uphill battle

2012-05-22T05:56:47-04:00

Backers of a bill allowing hundreds of thousands of Bay State workers to begin earning paid sick leave touted the findings of a new report on Monday suggesting employers would save money under the proposal, but one House supporter said she was still uncertain that the bill could gain traction in the waning months of the election-year session.

Group to meet in Mass. on yellowtail crisis

2012-05-20T06:04:16-04:00

A group assembled to find ways to help fishermen survive an 80-percent cut in the yellowtail flounder catch on George Bank is meeting next week.

Hyundai high-rev problem well-documented, unresolved

2012-05-19T05:00:00-04:00

Q: About six months ago, my husband was reversing our 2006 Hyundai Elantra with about 32,000 miles for the second time to get it closer to the sidewalk. It revved up at a very high speed and did not stop, even though he applied the brake. It only stopped when it smashed into our other car, with a powerful bang, but only damaging the hood on the car.

Dressed to impress

2012-05-16T05:00:00-04:00

DANVERS — Larry Levine manages Men's Wearhouse and Tux at Liberty Tree Mall in Danvers. The store started out 20 years ago as a Mr. Tux and was bought five years ago by Men's Wearhouse. Levine has been there the whole time, helping boys look their best at proms.