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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 »

 

Tad Sooter, Kitsap Sun

A contract between Harrison Medical Center and Regence BlueShield terminated Thursday after the two sides were unable agree on a new deal.

Talks between the hospital, represented by parent company Franciscan Health System, and the insurance company failed after months of wrangling. The contract between Regence and Harrison was set to expire July 30 but the two sides agreed to extend it through Thursday. No agreement was reached in the past three weeks, and representatives for Harrison and Regence confirmed the contract will terminate. read more »

 

Pete Yost and
 Marcy Gordon, Associated Press

WASHINGTON (AP) — The government has reached a $16.65 billion settlement with Bank of America over its role in the sale of mortgage-backed securities in the run-up to the financial crisis, the Justice Department announced Thursday.

The deal calls for the bank, the second-largest in the U.S., to pay a $5 billion cash penalty, another $4.6 billion in remediation payments and provide about $7 billion in relief to struggling homeowners. read more »

 

WASHINGTON (AP) — A fourth straight monthly increase in sales of existing homes provided the latest evidence Thursday that the U.S. housing market is rebounding from a weak start to the year.

Housing has been a drag on an otherwise strengthening economy, in part because a harsh winter delayed many sales. But Americans are stepping up purchases as more homes have been put up for sale. And low mortgage rates and moderating price gains have made homes more affordable. read more »

 

OLYMPIA (AP) — The state Supreme Court on Thursday unanimously upheld a lower court’s ruling that says damages to be paid to part-time state employees who were wrongfully denied health benefits must take into account more than actual out-of-pocket costs.

The high court’s ruling sided with a class-action group’s stance on such damages, and it rejected the Washington Health Care Authority’s argument that the state should only pay for actual costs paid by class members during the time they were denied benefits. read more »

 

Kitsap Bank has announced the five finalists in the inaugural edg3 Fund small business competition. These companies, chosen by a public online vote from a group of 16 semi-finalists, will move on to compete in the final phase of the competition, edg3 Fund Live.

The concluding event will be Wednesday, Sept. 10 at 5:30 p.m. at Kitsap Conference Center at Harborside in Bremerton. There, the finalists will present their pitches before a live audience and an independent panel of judges. The winner announced that night will come away with the $20,000 prize.  read more »

 

North Kitsap Fishline is preparing to open a second thrift store in Poulsbo to help support the nonprofit’s food bank and other services.

Fishline, which operates the Second Season thrift store in downtown Poulsbo, will open Second Season Home on Sept. 4 at the former food bank location at 18916 Third Ave.

The Fishline food bank relocated earlier this year to the former Poulsbo RV site off Viking Avenue.

Second Season Home is accepting donations of gently used furniture and home décor items by appointment and on Aug. 22-23 and 29-30 from 10 a.m. to 2 p.m. read more »

 

The North Mason Chamber of Commerce
has two upcoming Neighborhood Network Brown Bag Luncheon Workshops.

On Wednesday, Aug. 27, a session on “Focus on New Grant Guidelines” will be held from noon to 1:30 p.m.
at the Theler Community Center in Belfair. This workshop will feature Norma Schuiteman, president/CEO
of The Community Foundation of South Puget Sound. read more »

 

Puget Sound Energy has begun an electric system improvement project at Agate Pass between the north end of Bainbridge Island and the Suquamish area of Kitsap County.  Over the coming months, two lattice steel towers will be replaced with four weathered steel poles, and two existing transmission lines will be replaced.

Work crews are moving equipment into position this week, along with removing some trees and clearing brush. The construction will begin after Labor Day weekend. 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 »

 
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