SalemNews.com, Salem, MA Business

Fishermen meet amid bleak cod prospects

2012-02-11T07:03:46-05:00

Fishermen and federal officials grappled Friday with the increasingly bleak prospect of finding some way for the historic New England industry to avoid collapse amid troubles with the health of Gulf of Maine cod.

Nothing good about vibrations in '98 Rogue

2012-02-11T04:34:00-05:00

Q: I own a 1998 Nissan Rogue that I have brought back to the dealer three times relating to a vibration in the steering wheel. It has new tires, balance and alignment. This only happens between 20 and 40 mph and stops during acceleration or deceleration. I was told this was normal with this type of transmission. The vehicle has only 24,000 miles on it. I can't believe a vibrating steering wheel is normal on any vehicle. Do you have any advice?

Mass. joins foreclosure settlement

2012-02-10T06:25:30-05:00

A national settlement with the state's five largest mortgage lenders will bring $318 million to Massachusetts in relief for homeowners through cash payments, loan modifications and other concessions to resolve what Attorney General Martha Coakley described as "unnecessary and unlawful" foreclosures.

Obama call for manufacturing revival a tough goal

2012-02-10T06:07:02-05:00

President Barack Obama is making a strong election-year push for an economic revival "built on American manufacturing." But he faces an uphill slog, with little consensus even within his own party on how to do it.

Fidelity: 401(k) balances little changed over 2011

2012-02-09T06:02:16-05:00

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

2012-02-08T04:34:00-05:00

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

2012-02-08T04:33:00-05:00

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.

Chamber to host Beverly Business Awards

2012-02-08T04:32:00-05:00

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.

Business briefcase

2012-02-08T04:31:00-05:00

People
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.

Business Calendar

2012-02-08T04:30:00-05:00

Wednesday, Feb. 8
North Shore Chamber of Commerce: Executive Breakfast Forum, 7:15 a.m., Hawthorne Hotel, 18 Washington Square, Salem. Event features a talk by state Rep. Steven Walsh, chairman of Joint Committee on Health Care Financing. 7:15 a.m., networking; 8 to 9 a.m., program. Sold out; open to season ticket holders only. Register at www.northshorechamber.org or 978-774-8565.