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In an effort to hear directly from the people he represents, U.S. Rep. Derek Kilmer (D-Wash.) will be holding six town halls around the region during the last week of May.

Doors open a half hour before the start of each town hall. The schedule is as follows:

Port Angeles Town Hall

May 28, noon-1:30 p.m. at Peninsula College, The Little Theater (In Building J, the Pirate Union Building), 1502 E. Lauridsen Blvd. read more »

 

Eagle Harbor Books will host a Science Night event to benefit Bainbridge Public Library on May 29, from 4:45-7 p.m.

The event will feature STEM (Science, Technology, Engineering and Math) professionals who live on the island and have volunteered to speak at the Science Night. These scientists will provide a glimpse into their area of expertise and also share with the audience some of their favorite science books that will be available for purchase at Eagle Harbor Books. The shop will donate 20 percent of all sales made at the store during the event to BPL. Refreshments will be served.

First up, from 4:45 to 5:15, will be Gregory J. Moncada, STEM coordinator for the Bainbridge Island School District, which is offering a STEM summer camp. read more »

 

NEW YORK — It’s the narcissist rally.

Sure, there are plenty of forces pushing stocks higher — record corporate earnings, small investors finally buying again, signs the U.S. economy may be strengthening, central banks flooding the financial system with money.

But you may want to spare a thought, and a healthy dose of worry, for what is one of the biggest, and least appreciated, reasons for the rally: buybacks.

Flush with cash and a world of opportunity at their doorstep, companies have decided there’s nothing more attractive than themselves. So, they’re offering big money to buy back their own stock.

This year, big U.S. companies have given the go-ahead for $286 billion of buybacks, up 88 percent from the same period last year, according to Birinyi Associates, a market-research firm. If the pace continues for the rest of the year, the tally will exceed the record set in 2007. read more »

 

NEW YORK — U.S. airlines collected more than $6 billion in baggage and reservation change fees from passengers last year — the highest amount since the fees became common five years ago.

Passengers shouldn’t expect a break anytime soon. Those fees — along with extra charges for boarding early or picking prime seats — have helped return the industry to profitability.

Airlines started charging for a first checked suitcase in 2008 and the fees have climbed since. Airlines typically charge $25 each way for the first checked bag, $35 for the second bag and then various extra amounts for overweight or oversized bags. read more »

 
AWB Commentary

With a steady stream of bad news stories about maimed soldiers, the Boston Marathon bombing and the house of horrors in Cleveland, it would be natural to despair for the human condition. What defect in the human character allows us to do such things?

But the survivors of these terrible ordeals tell a different story, one of courage, strength, determination and hope. It is the story of the indomitable human spirit.

Iraq war veteran Army Sgt. Brendan Marrocco lost his arms and legs to a roadside bomb in 2009. Not satisfied with his prosthetic arms, Marrocco took a major risk by opting to become the first soldier to receive an arm transplant. The 13-hour double transplant surgery was the first ever performed at Johns Hopkins University School of Medicine and only the seventh to be performed in the United States. read more »

 

i-502Medical Marijuana Business Daily

Labeling and dosage standards. Rules on waste disposal, ownership changes and third-party testing. Application fees ranging from $250 to $500 for marijuana retailer, producer and processor licenses.

These are some of the proposed requirements on the budding adult-use cannabis industry in Washington, released this week by the state’s Liquor Control Board. The draft regulations offer the first real glimpse of what entrepreneurs will face if they want to tap the recreational marijuana market. read more »

 

WASHINGTON — The U.S. Small Business Administration and the W20 Group, a cluster of digital communications companies, will present Creating Content and Engaging for Facebook, LinkedIn and Twitter, the third topic in the five-topic social media webinar series. The webinar will help small business owners create content to broaden their reach and market their products using some of the most popular social media tools.

A survey conducted by CompTIA in 2012 found that that benefits of using social networking tools include:

  • Better communication with clients (61 percent);
  • Brand positioning (49 percent);
  • Real-time customer satisfaction (48 percent); and
  • Potential lead generation (43 percent).

It is beneficial for small businesses to create content on social media tools such as Facebook, LinkedIn and Twitter to establish a presence online, to drive the conversation about their companies and products and to build credibility and trust with clients and potential customers. read more »

 

Business Examiner

Wholesale prices saw their sharpest drop in three years in some industries last month, according to the Labor Department, due to vastly lower food and fuel costs.

The producer price index, which measures price changes before they reach the consumer, fell a seasonally adjusted 0.7 percent in April from March. That was the second straight monthly decline, and the steepest since February 2010.

Outside of food and fuel, two of the most volatile categories, inflation stayed even. read more »

 

The next W.O.N. (Women Owned Nights) event hosted by the Alliance of Women Owned Businesses (AWOB) will be May 28 at The Clubhouse at McCormick Woods, 5155 McCormick Woods Dr. SE in Port Orchard.

There event will be from 5:30-7 p.m., with a no-host dinner followed by a program on Business Relationships with Lynn Jabs.

AWOB holds W.O.N. events on the last Tuesday of every month at locations around the South and West Sound. The free events are open to all AWOB members and those interested in learning more about the organization. Members are welcome to bring a guest who is a woman business owner or thinking of opening a business, and business students also are welcome. read more »

 
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