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  • Missing Boy Found

    sarjuly2514A 10 year old boy missing overnight in the Lake Cushman area was found about 10AM Friday morning. Nathan Hernandez was picking berries with his sisters yesterday when they lost track of him. The family searched from noon until dark before… Read More +

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  • 300 Homes Burned In Washington Wildfire

    fire july2514A sheriff in Washington state says a massive wildfire has burned 300 homes, double the number previously estimated. Frank Rogers, the sheriff of Okanogan County in north-central Washington, said Friday that the Carlton Complex of fires has consumed about 300… Read More +

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  • Orioles over Mariners 4-0

    marinersSWie-Yen Chen allowed five hits over eight innings and Delmon Young hit a three-run homer to give the Baltimore Orioles a 4-0 victory over the Seattle Mariners on Thursday night. Chen (11-3), who has won his past four starts, scattered five singles, walked one and struck out three. His 11 wins ties him for third-most in American League. On the road, Chen is 6-1 with a 3.94 ERA in nine starts.

    Read More
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JPMorgan Chase CEO to Get Big Pay Raise

b_250_0_16777215_00_images_obgrabber_2014-01_ad33436f72.jpgPhoto by Chip Somodevilla/Getty Images (NEW YORK) -- Jamie Dimon, CEO of JPMorgan Chase, will receive a 74 percent raise after having his pay cut nearly in half last year. JPMorgan's board voted this week to increase Dimon's 2013 compensation, after cutting his pay in half by $11.5 million last year in response to the "London Whale" rogue trading debacle that cost the bank billions.

Much of the increase the CEO would receive comes in the form of performance-based restricted stock. A spokeswoman for JPMorgan Chase declined to comment. In a regulatory filing, the company said it took these factors into account in setting Dimon's pay: "...the Company’s sustained long-term performance; gains in market share and customer satisfaction; and the regulatory issues the Company has faced and the steps the Company has taken to resolve those issues, including those arising from events at Washington Mutual and Bear Stearns that predated the Company’s ownership. Under Mr. Dimon’s stewardship, the Company has fortified its control infrastructure and processes and strengthened each of its key businesses while continuing to focus on strengthening the Company’s leadership capabilities across all levels."

On Friday, the bank's filing with the SEC indicates Dimon is receiving $20 million for 2013, including a base salary of $1.5 million that remained flat with the prior year.

Back in 2011, he received the highest pay, $23.1 million, for any chief at a large bank.

Copyright 2014 ABC News Radio

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