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  • PUD3 Public Hearing About Sale of Downtown Property

    pud3oldbldgThe Mason County PUD No. 3 Board of Commissioners has scheduled a public hearing to consider the sale of downtown Shelton property to the Mason Conservation District for use as office space. Property parcels in the potential intergovernmental transfer include:

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  • 62% Turnout Expected In Washington

    VOTEWashington state's top election official is predicting that 62 percent of eligible voters will participate in the November election. Secretary of State Kim Wyman said Friday that while the turnout forecast is lower than the turnout for the two previous midterm… Read More +

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  • Olysports.com Local Sports

    football highschoolThe Shelton Highclimbers cut a 20-7 halftime deficit to a one possession game on a five yard touchdown pass from Jake Beck to Zane Vanderwall in the third quarter but a key fourth down penalty in the middle of the fourth quarter gave Foss an extra chance and quarterback Chris “Scooby” Reynolds cashed in with a 34 yard game winning touchdown run to give the Falcons a 26-13 win. The Highclimbers fell to 0-1 in the 3A Narrows League and 1-2 overall.

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Top 5 Business Stories to Watch This Week

b_250_0_16777215_00_images_obgrabber_2013-07_53ae0f6115.jpgComstock/Thinkstock(NEW YORK) -- Here are the business stories you should keep an eye on this week. Boeing & the 787 — The hits just keep on coming for Boeing’s 787 Dreamliner. The giant plane maker might have thought it had put the grounding and battery problems in its rear-view mirror, but that doesn’t seem to be the case.

Boeing has placed a big bet on this new wide-body, long range fleet. So far, demand for the plane has remained solid, but one wonders what will happen if problems linger. Boeing shares fell sharply Friday, down more than 5 percent.  Still, year to date the stock is one of the best performing in the Dow Jones industrial average, up 35 percent.

Earnings on the Street — Next week, some of the biggest brand names are reporting their quarterly earnings results. How these corporate titans perform and their outlook on the economy going forward will have a big impact on the markets and provide a good read on the strength of the recovery.  Coca-Cola reports on Tuesday; IBM and Intel on Wednesday; Verizon, Google and Microsoft on Thursday; and General Electric on Friday.

Another Week, Another Series of Reads on the Housing Market — On Tuesday, the National Association of Homebuilders releases its monthly survey. This survey will provide insight into the impact of higher mortgage rates on housing activity. On Wednesday, the Housing Starts report for June is released. The expectation is that starts for new homes will rise around 3 percent for June. Additionally, Wednesday is the weekly release of mortgage applications. According to the Freddie Mac mortgage survey, the 30-year fixed mortgage rate has climbed to 4.51 percent as of July 11 from 3.59 percent on May 23.

Gas Prices — Prices at the pump have risen for the past four days and AAA reported on Friday that prices could rise around $0.20 or more over the next two weeks. Will this be a short-lived surge or should drivers expect to see prices keep rising through the rest of the summer? Stay tuned …

Ben Bernanke and Congress — Federal Reserve Chairman Ben Bernanke is scheduled to deliver a monetary policy report to the House and Senate on Wednesday and Thursday morning. He will likely face lots of questions about the economy, his bond buying stimulus program, and — possibly — who he thinks should replace him when he retires from the Fed. This will be a big event for the markets next week.

Copyright 2013 ABC News Radio

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