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  • Befair Man Wins Lottery

    lotterywinnerRonnie Compton Plans to Put Mom First Following a $200,000 Washington’s Lottery Win. Compton of Belfair recently won a top prize of $200,000 playing Washington’s Lottery “Super Cash” Scratch. Compton was making his way home from work on Thursday… Read More +

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  • Officer Chases Suspect Who Shot Him

    churchAuthorities say an officer in Washington state who had been shot in the leg by a suspect got back into his patrol car and pursued the fleeing man. The King County Investigative Response Team says Duvall police Sgt. Michael DeBock, an… Read More +

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  • Mariners Rout Angels 13-2

    mariners newsMike Zunino's two-run double keyed a four-run fifth inning and the Seattle Mariners climbed within a game of the second AL wild-card spot by routing the Los Angeles Angels 13-2 on Tuesday night. The Mariners haven't been to the postseason since 2001, when they won 116 games under manager Lou Piniella and tied the major league mark set by the 1906 Chicago Cubs.

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Stocks Start the Week Higher

b_250_0_16777215_00_images_obgrabber_2013-09_8187a92e6a.jpgHemera/Thinkstock (NEW YORK) -- U.S. stocks gained momentum on Monday, with investors setting aside concerns about brewing global events. The market got a boost from company mergers and a home-building boom. The Dow Jones Industrial Average came off its first positive week in more than a month.

Koch Industries, run by the billionaire brothers Charles and David, is buying electronic components and cables maker Molex for a little less than $7 billion. Luxury retailer Neiman Marcus, meanwhile, was sold for $6 billion.

Homebuilding shares were some of the biggest gainers after one major builder said home prices are rising and its backlog jumped almost 27 percent from a year earlier.

The Dow gained nearly 141 points to close at 15,063. The Nasdaq Composite closed up 46 points at 3,706, while the S&P 500 finished the session up 16.5 points at 1,672.

Apple shares were back above $500 Monday. Apple is expected to unveil its latest iPhone Tuesday during an annual ritual that will cast a spotlight on Apple's drive to regain market share.

Americans cut back on using their credit cards in July for the second straight month, while taking on more debt to buy cars and attend school. The Federal Reserve says consumers increased borrowing to a record high of $2.85 trillion.
 
Copyright 2013 ABC News Radio

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