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FILE - In this Nov. 20, 2014 file photo, Senate Commerce Committee member Sen. Bill Nelson, D-Fla. holds an example of the defective airbag made by Takata of Japan that has been linked to multiple deaths and injuries in cars driven in the U.S. during the committee's hearing on Capitol Hill in Washington. According to documents posted Friday, Feb. 12, 2016, on the National Highway Traffic Safety Administration website, Volkswagen resisted U.S. government efforts to recall more cars and trucks to fix potentially deadly Takata air bags — telling safety regulators that a recall isn't necessary. But the German automaker, already in hot water with the government for cheating on U.S. pollution tests, eventually agreed to the recall. (AP Photo/J. Scott Applewhite, File)

Documents show Volkswagen resisted Takata air bag recall

Friday, February 12, 2016

DETROIT — Volkswagen resisted U.S. government efforts to recall more cars and trucks to fix potentially deadly Takata air bags — telling safety regulators that a recall isn’t necessary. But the German automaker, already in hot water with the government for cheating on U.S. pollution tests, eventually agreed to the recall, according to documents posted Friday on the National Highway …

Down week ends on up note

Friday, February 12, 2016

U.S. stocks ended a down week on a high note Friday, snapping a five‑day losing streak on the strength of energy and financial companies. A sharp rebound in oil prices and an encouraging report on retail sales helped lift the stock market to its first gain since late last week. Despite the rally, …

Congress bans import of forced labor products

Friday, February 12, 2016

A bill headed for President Barack Obama this week includes a provision that would ban U.S. imports of fish caught by slaves in Southeast Asia, gold mined by children in Africa and garments sewn by abused women in Bangladesh, closing a loophole in an 85-year-old tariff law that has failed to keep products …

  • CAROL LOLLIS
back, Debbie Thouin and Marilyn Neumann at the Valentines day party at the Cliffview Community room in Easthampton.

    CAROL LOLLIS back, Debbie Thouin and Marilyn Neumann at the Valentines day party at the Cliffview Community room in Easthampton. Purchase photo reprints »

  • CAROL LOLLIS
Star and Rain Drooker at the Evolution Cafe in Florence.

    CAROL LOLLIS Star and Rain Drooker at the Evolution Cafe in Florence. Purchase photo reprints »

  • CAROL LOLLIS
Bay Road Bridge in Hadley will be restricted to one-lane traffic beginning next week as it awaits repairs during the summer.

    CAROL LOLLIS Bay Road Bridge in Hadley will be restricted to one-lane traffic beginning next week as it awaits repairs during the summer. Purchase photo reprints »

  • KEVIN GUTTING
Parallel Universe: Two strangers pass on Main Street in Northampton as snow intensifies Monday afternoon.

    KEVIN GUTTING Parallel Universe: Two strangers pass on Main Street in Northampton as snow intensifies Monday afternoon. Purchase photo reprints »

  • JERREY ROBERTS
Michelle Perez, of Florence, colors with a pencil during a meeting of an adult coloring group called "Coloring and Kumquats" Thursday at Lilly Library in Florence. The group was organized by her sister, Kim Perez, who is the children's librarian, and Theo Hull, the young adults librarian. Adult coloring has become increasingly popular in the past few years and some coloring books have become best sellers. Michelle took up the hobby about two years ago after breaking her foot. "It's so relaxing. I can do my own thing with it," she said. Kim claims it's like meditation. The group meets Thursdays from 6:30-8 p.m.

    JERREY ROBERTS Michelle Perez, of Florence, colors with a pencil during a meeting of an adult coloring group called "Coloring and Kumquats" Thursday at Lilly Library in Florence. The group was organized by her sister, Kim Perez, who is the children's librarian, and Theo Hull, the young adults librarian. Adult coloring has become increasingly popular in the past few years and some coloring books have become best sellers. Michelle took up the hobby about two years ago after breaking her foot. "It's so relaxing. I can do my own thing with it," she said. Kim claims it's like meditation. The group meets Thursdays from 6:30-8 p.m. Purchase photo reprints »

  • CAROL LOLLIS
Mussels Stuffed with Quinoa and Walnuts

    CAROL LOLLIS Mussels Stuffed with Quinoa and Walnuts Purchase photo reprints »

Companies lose billions buying back own stock

Tuesday, February 9, 2016

NEW YORK — If you think your stocks are doing poorly, check out the performance of some of the most sophisticated investors, the ones with more knowledge about what’s going on inside businesses than anyone else: Companies that …

Stocks fall sharply as banks, tech sector are pummeled

Monday, February 8, 2016

Wall Street rode another wave of selling Monday that sent U.S. stocks sharply lower, before a late-afternoon pullback stemmed some of the losses. Investors unloaded materials, financials and other stocks, briefly knocking the Dow Jones industrial average down …

Embargo is under the rug, so Persian carpets can roll in

Monday, February 8, 2016

By Sarah Parvini Los Angeles Times (TNS) LOS ANGELES — The call came in to the rug store at 10:30 last Wednesday morning: After five days in U.S. customs, the first batch of carpets imported from Iran were ready for pickup. Years of waiting finally ended for Alex …

Steady economic growth expected for Valley region in 2016, experts say

Monday, February 8, 2016

Dropping oil prices, low unemployment and interest rates and a continued bounce back from the Great Recession make for a relatively favorable economic climate for the Pioneer Valley. But with economic jitters at the international level and a …

Voices of Valley economy: Tight budgets, depleted savings

Monday, February 8, 2016

Route 9 is perhaps the region’s key commercial artery. So it was there the Gazette went last week to see how well the economy is treating everyday people. Dreadfully, said Cheryl Platts, 60, of Baldwinville. Marginally, said Nancy …

ONE BLOCK A look inside the life and business times of 141 Damon Road, Northampton

Monday, February 8, 2016

THE BLOCK: An unlikely set of neighbors share a commercial plaza at 141 Damon Road in Northampton: A hair salon, a mixed martial arts school, and two pentecostal churches. These local businesses operate alongside an electronics store and …

Q&A: In what ways can a small business or an individual declaring bankruptcy disrupt the local economy?

Monday, February 8, 2016

Alexandra Hogan, an attorney in Springfield with Shatz, Schwartz and Fentin, P.C., specializes in bankruptcy. She was recently selected to serve on the Emerging Insolvency Professionals Subcommittee of the American Bankruptcy Institute. In this Q&A, she explores the …

Area business briefs

Monday, February 8, 2016

Easthampton Chamber holds networking event EASTHAMPTON — The Greater Easthampton Chamber of Commerce will sponsor a Networking by Night event from 5 to 7 p.m. Thursday, at the Glendale Grill, 65 Glendale St. There will be a cash bar and door prizes. The event is sponsored by Canon …

Mass. hydropower plan could change region’s energy landscape

Sunday, February 7, 2016

BOSTON — Tapping into Canadian hydropower is hardly a new concept in energy-starved New England. But Massachusetts Gov. Charlie Baker’s proposal to authorize long-term contracts between utilities and hydropower producers is being viewed in some quarters as a …

Costco delays credit card switch

Friday, February 5, 2016

SEATTLE — Costco’s switch from American Express to Visa is being pushed back to this summer. Costco Wholesale had previously announced that the switch in the only credit card it will accept in its U.S. stores would happen in April. It’s now saying that transition will happen in …