Money

NEW New strategies keep Ballard salons going

With some new strategies and a little extra effort, Ballard salons keep chugging along.

Hair is not going to stop growing just because the economy is bad, after all.

Many salon owners are optimistic, and view their business as a means of escaping life's daily struggles.

"It's not about getting a haircut, it's about getting nurtured," said Loraine Jackson, owner of Elements Skin Care, 8012 15th Ave. N.W.

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NEW Daily financial radio report

Provided by Edward Jones, a member of the New York Stock Exchange

Dec. 9 2008, U.S. Stocks fell and bond prices rose after disappointing corporate growth expectations reignited concern over the economy.

FedEx led industrial shares lower on reduced forecasts due to a significantly weaker economy, which also led financial and consumer discretionary shares to decline.

The Dow Jones Industrial average was down 243.85 at 8691.33.

The Standard and Poor's 500 index was down 21.03 at 888.67

The Nasdaq composite Index was down 24.40 at 1547.34.

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NEW Daily financial radio report

Provided by Edward Jones, a member of the New York Stock Exchange

Dec. 9 2008, U.S. Stocks fell and bond prices rose after disappointing corporate growth expectations reignited concern over the economy.

FedEx led industrial shares lower on reduced forecasts due to a significantly weaker economy, which also led financial and consumer discretionary shares to decline.

The Dow Jones Industrial average was down 243.85 at 8691.33.

The Standard and Poor's 500 index was down 21.03 at 888.67

The Nasdaq composite Index was down 24.40 at 1547.34.

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Council budget gives priority to direct services to the people

On Monday, Nov. 24, the City Council unanimously approved the Seattle budget for 2009-2010.

This action was the outcome of seven weeks of hard work and discussion and votes on more than 100 proposed budget changes and policy issues, punctuated by two very well attended public hearings and continued economic bad news. Despite these difficult circumstances, the Council adopted a budget that once again gives priority to direct services to the people of Seattle - food and shelter for those in need, public safety, transportation, libraries, and parks.

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NEW: Stores closing here due to economy

Retail stores in Ballard are dwindling along with the economy and a few are scheduled to close. Say goodbye to Bella's Best, Annabelle's Consignment & Antiques, and All the Kings Flags.

"The economy has been awful," said Karin Wagner, the owner of the men and women's clothing store Bella's Best, 2318 N.W. Market St. "We just can't make it anymore. I'm just sinking."

Wagner hopes to close in three weeks but will remain open until the store is empty.

If you've never been to Bella's, now is the time to go.

Neighborhood
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Stores closing here due to economy

Retail stores in Ballard are dwindling along with the economy and a few are scheduled to close. Say goodbye to Bella's Best, Annabelle's Consignment & Antiques, and All the Kings Flags.

"The economy has been awful," said Karin Wagner, the owner of the men and women's clothing store Bella's Best, 2318 N.W. Market St. "We just can't make it anymore. I'm just sinking."

Wagner hopes to close in three weeks but will remain open until the store is empty.

If you've never been to Bella's, now is the time to go.

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Camp Long Trails - Thanksgiving

In September, Camp Long played host to a huge work party organized by NAIOP (National Association of Industrial and Office Properties, a trade association for real estate and development companies) as one of its community enhancement projects. Every year, NAIOP gives back to the community through its Community Enhancement Committee. This year, the committee chose Camp Long. Citizens and park users are grateful to NAIOP for giving so generously, even when the economy has become difficult.

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Op-Ed: City budget has some good, bad news

By Richard Conlin

On Monday, Nov. 24, the City Council unanimously approved the Seattle budget for 2009-2010.

This action was the outcome of seven weeks of hard work and discussion and votes on more than 100 proposed budget changes and policy issues, punctuated by two very well attended public hearings and continued economic bad news. Despite these difficult circumstances, the Council adopted a budget that once again gives priority to direct services to the people of Seattle - food and shelter for those in need, public safety, transportation, libraries, and parks. I am very pleased that the Council supported my two major budget initiatives - adding almost a million dollars for emergency food assistance, and adding funding for legal services for immigrants who are victims of domestic violence.

Remarkably, the City of Seattle is in relatively good condition, especially compared to the state and county. Thanks to the city's careful forecasting, we were not taken by surprise by falling revenue projections. Over the last several years, Seattle set aside more than $30 million in a rainy day fund.

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Neighbors want lot left green space

Since it was determined years ago that city owned property at 1799 Southwest Webster Street was expendable, Seattle's Fleets and Facilities Department has made an initial recommendation that the land be auctioned off, but local community members want the area remain an open green space.

The property, located off Dumar Way Southwest, has been undeveloped and, largely, unused for approximately 30 years. Now that the city has determined that they do not need the property there are several options of what to do with the land.

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