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The Today File

Your guide to the latest news from around the Northwest

February 15, 2014 at 10:17 AM

Saturday Memo: Banking on pot … Mammoth news … Seattle’s gentrifying neighborhoods

sat_weatherWeather: Rain and in the high 40s. Also, plan for wet days ahead. National Weather Service forecast

Traffic: Another rough weekend on Interstate 5 through Seattle. Southbound I-5 will be reduced to one lane between the Washington State Convention Center and Interstate 90 from through 5 a.m. Tuesday, according to the state Department of Transportation. Expect delays of 45 to 60 minutes, say officials, who recommend drivers use Highway 99 and public transit when possible. The stretch is closed so crews can repair expansion joints.

Banking on pot:  The federal government announced new rules Friday aimed at encouraging banking services for pot businesses in Washington and Colorado. But because marijuana remains illegal under federal law, some banks — particularly large ones — may still choose not to offer checking accounts, credit cards and other services to legal pot merchants. Read more from reporter Bob Young about this latest sign that the pot business is growing up and entering the mainstream.

Mammoth tusk:  The mammoth tusk found in the South Lake Union neighborhood was lifted and trucked Friday to the Burke Museum. As all the testing commences for the tusk — estimated to be 22,000 to 66,000 years old — the museum’s executive director anticipates some sort of naming contest. The name Bertha, of course, is already taken by the other heavy object buried deep under Seattle. Read what’s ahead for the tusk, and what we hope to learn from the discovery.

FYI Guy names the fastest-gentrifying places in Seattle: Researcher Gene Balk writes there is no standard method for measuring gentrification. But he looked at  three demographic indicators that, when on the rise, point to gentrification: median home value, median household income and percent of residents with college degrees. Can you guess which neighborhoods carry those characteristics? Here is what FYI Guy found.

Most-read stories on seattletimes.com:

  1. NHL says Seattle would be a “good hockey market”
  2. Canada’s tunnel saga offers lessons on Bertha fix
  3. Seattle engineer, Bellingham guide ID’d as dead skiers in Oregon avalanche
  4. Eddie Bauer sold to suit retailer in $825M deal
  5. $15 wage floor slowly takes hold in SeaTa

Memo light: 

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0 Comments | Topics: Interstate 5, mammoth tusk, marijuana

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