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By Tim Kelly - KPBJ editor

China is the world’s most populous country, and millions of its citizens who travel abroad are affluent tourists who love coming to America. A recent CNN Money article noted that Chinese visitors to the United States jumped from under 400,000 in 2007 to almost 1.5 million in 2012, according to the U.S. Commerce Department. And in 2012 those travelers spent almost $9 billion in the U.S. read more »

 
Poulsbo couple stages Roots Rock Trail Running series to promote North Kitsap as outdoor venue

By Terri Gleich - For KPBJ 

Photo credit: Larry Steagall) (Caption for photo slugged “Poulsborun1”: Poulsbo Running owner Brooke Hammett, left, helps regular customer Larry Asher of Poulsbo with a new pair of running shoes. Hammett and her husband, Chris, organize the Roots Rock Trail Running series.)When Chris and Brooke Hammett created a series of Port Gamble trail running races in 2006, they wanted to do more than just promote their new running store. They also wanted to promote the trails.

“We really wanted people to realize what they have in their own backyard in terms of the trails there,” said Brooke Hammett, whose Poulsbo Running sells shoes and apparel for runners and triathletes. read more »

 

By Tim Kelly - KPBJ editor

Fadi Yashruti, who grew up in South Kitsap and recently left a corporate job in the Seattle area, is one of the principals in Seattle Inceptive Group, which is setting up a state-licensed marijuana production and processing facility on a 12-acre property they purchased in Belfair. Call it the path of lease resistance.

That’s what led two pairs of brothers — friends since junior high in Port Orchard and now business partners — to purchase a former nursery in Belfair as the site for their marijuana-growing operation.

“Probably the most difficult thing about this whole deal is finding a suitable location,” said Fadi Yashruti, point man for the investors who formed Seattle Inceptive Group to enter Washington’s recreational cannabis industry. read more »

 

Mike Looby is glad to be helping liven up downtown Bremerton, by opening the latest incarnation in the long tradition of the Horse and Cow bar.

The establishment opened on Fourth Street just off Pacific Avenue with little fanfare in July, just in time to be on the scene for one of the city’s liveliest summer events, the Bremerton Brewfest. read more »

 
Gig Harbor will host inaugural Cider Swig as fall attraction

By Rodika Tollefson - KPBJ contributor

When Crystie and Keith Keiser began making hard cider at their organic farm, Finnriver, they and their partner, Eric Jorgenson, were at the forefront of a new movement. Now the cidery in Chimacum (between Port Ludlow and Port Townsend) is open seven days a week for visitors who want to stop by for a tasting. read more »

 

By Tim Kelly - KPBJ editor

 Is the PortofKingston evicting an obstinate tenant who refuses to comply with reasonable regulations? Or is management retaliating against a successful woman business owner who publicly questioned the port’s policies and decisions?

  read more »

 

The Ale House on Winslow is sort of a stepping-stone for its young owners, whose long-term goal is to open a brewery.

But for now they’re enjoying being purveyors of beer at their new taproom on Bainbridge Island’s busiest corner. read more »

 

Josh Boak and 
Bernard Condon, AP Business Writers

NEW YORK (AP) — Europe appears on the brink of another recession. Islamic militants have seized Iraqi territory. Russian troops have massed on the Ukraine border, and the resulting sanctions are disrupting trade. An Ebola outbreak in Africa and Israel’s war in Gaza are contributing to the gloom.

It’s been a grim summer in much of the world. Yet investors in the United States have largely shrugged it off — so far at least. read more »

 

FPH Construction of Bremerton expects to start work in a few weeks on a 16,200-square-foot building in Silverdale that will be the new location of Cascade Elite Gymnastics West.

The gymnastics club will be the first occupant in the Newberry Ridge Industrial Park that FPH is developing near the corner of Newberry Hill Road and Dickey Road, just west of State Highway 3.  read more »

 

The dilapidated building at 640 Bay St. in Port Orchard is a blight on the downtown profile and needs to go, members of the City Council agreed.

The council last week approved the city’s purchase of the former Los Cabos restaurant building, the second story of which was gutted by fire in July 2013. The city will have the building demolished, offering a clean slate for potential development. read more »

 

The next monthly Silverdale Greendrinks will be held Sept. 3 at Oxford Suites, 9950 N.W. Silverdale Way, from 5:24-8:03 p.m.

Oxford Suites will provide catering, and beverages from Tucker Distillery will be available. Guests are encouraged to bring their own glasses.

The designated nonprofit to receive proceeds from the September event is the Kitsap Humane Society.

Admission is $10 cash at the door. To sign up for the Greendrinks email list or to RSVP for the Sept. 3 event, email to rsvp [at] Silverdalegreendrinks [dot] com.

 
 

By Don C. Brunell

The good news is Washington is separating itself from the national jobless rate.  In July, an average 6.2 percent of Americans were looking for work, while Washington State’s unemployment rate dropped to 5.6 percent. 

The state added an estimated 7,300 jobs in July, and June’s report of 9,100 new jobs was revised upward to 13,600 jobs. The Seattle-Bellevue-Everett area boasts our state’s lowest jobless rate at 4.7 percent. 

Even so, warning lights are flashing.   read more »

 

Olympic Bancorp, parent company for Kitsap Bank, announced a 14 percent increase in profits for the first half of 2014.  The company reported year-to-date income of $3.2 million, up $392,000 over the same period in 2013.  

Loans grew 4.1 percent to $446 million and deposits increased 4.9 percent to $846 million during the same period. Assets for the corporation totaled $961 million on June 30.   read more »

 

Spills from the Bainbridge Island sewer system are fouling Eagle Harbor, hurting business, and tarnishing Bainbridge Island’s reputation for outdoor recreation. read more »

 

WASHINGTON (AP) — Average long-term U.S. mortgage rates declined this week, approaching their lows for the year.

Mortgage company Freddie Mac said Thursday the nationwide average for a 30-year loan slipped to 4.12 percent from 4.14 percent last week. The average for a 15-year mortgage, a popular choice for people who are refinancing, fell to 3.24 percent from 3.27 percent last week. read more »

 

SEATTLE (AP) — The Washington state Supreme Court says the Legislature has the right to repeal pension increases paid to state employees that were approved during the stock market boom of the late 1990s.

In a separate ruling Thursday, the justices also said lawmakers had the authority to end uniform cost-of-living adjustments for certain state retirees. Both decisions reversed lower court rulings. read more »

 
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