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  • Hundreds Expected At Olympia Oil Train Hearing

    OIl-Train-1Environmentalists planned to pack the Thursday night public hearing in Olympia on the safety of oil train shipments through Washington. The Washington Environmental Council told The Olympian more than 600 people indicated they planned to attend. About 200 people attended a… Read More +

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  • Seattle Trades Away Smoak

    smoak3312014Seattle Mariners Executive Vice President & General Manager of Baseball Operations Jack Zduriencik announced today that first baseman Justin Smoak was claimed off waivers by the Toronto Blue Jays. The Mariners Major League, 40-man roster is now at 39 players. Smoak, who turns 28 on Dec. 5, appeared in 496 games for the Mariners after joining the club on July 9, 2010.

    Read More
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Stocks Tumble Lower; Apple Earnings Beat Expectations

b_250_0_16777215_00_images_obgrabber_2014-01_ede4e920db.jpgiStock/Thinkstock (NEW YORK) -- Stocks closed slightly lower Monday. The Dow Jones Industrial Average fell 44 points to 15,837. The S&P 500 lost 8 points, while the Nasdaq dropped 44 points. Investors were encouraged by signs of stability in Argentina and Turkey, two of the emerging markets that got slammed last week.

There's also been concern that China's economic engine is slowing down, potentially dragging other developing countries along with it. Apple reported its earnings Monday, with revenue beating expectations. The company sold more iPads and Mac computers than analysts had expected. 

However, the company's iPhone did not meet sales expectations. Apple reported it sold 51 million iPhones last quarter -- analysts expected 56 to 57 million.

Investors in the immediate aftermath of Monday's results seemed to be upset that the number of iPhones sold was significantly below what Wall Street was expecting. Apple's stock dropped more than $30 a share in after-hours trading.

Guidance for Apple's next quarter also is coming in below what investors were expecting.

Copyright 2014 ABC News Radio

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Tweets

PUD3
PUD3 - Update - Power Outage Now Affecting About 315 Customers in Tahuya Area masonpud3.org/newsdisplay.as…

3 hours ago

pugetpeople
pugetpeople - Chris of @PugetSKeeper #Oil study must find solutions. We need you to put WA in driver seat rather than in caboose to protect #PugetSound.

3 hours ago

PUD3
PUD3 - About half the 630 Tahuya Peninsula customers affected by tonight's outage have power back. Now working on Tahuya, N Shore Rd & Maggie Lk.

3 hours ago

EverettPolice
EverettPolice - Search over at Boeing - nothing suspicious found. Employees back at work!

4 hours ago

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