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Shelton, WA

Partly cloudy
Humidity: 75%
  • Washington Weather Takes A Turn To Fall

    almost-fallWith the start of fall, here come the clouds and a forecast of rain for Washington.The National Weather Service says clouds will move into the state Monday with rain expected Tuesday night and Wednesday. Forecasters say the weather will remain unsettled… Read More +

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  • Washington State Teacher Of The Year 2015

    terryA fourth grade teacher from Seattle is the Washington state teacher of the year for 2015. Lyon Terry of Lawton Elementary specializes in helping students improve their writing and vocabulary. He runs the school's safety patrol and started the Walking School… 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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JPMorgan Expected to Agree to $750 Million in Fines for 'Whale' Losses

b_250_0_16777215_00_images_obgrabber_2013-09_9ca82ed2c7.jpgSpencer Platt/Getty Images (NEW YORK) -- JPMorgan is expected to agree to pay $750 million to resolve a probe into the so-called "London Whale" trades that lost the bank over $6 billion. JPMorgan's board met on Monday and will meet again on Tuesday to approve the fines, which could be announced this week. The bank did not give public comment on the private negotiations.

The bank announced the multi-billion-dollar losses last May and will pay the $750 million settlement to avoid fines from the Securities and Exchange Commission and the Office of the Comptroller of the Currency, says the New York Times. Additional fines could be levied by the Financial Conduct Authority, the British financial regulator.

JPMorgan has previously negotiated a $410 million settlement with the U.S. government after the bank was accused of manipulating energy costs in California and Michigan, reports the Times. Two former JPMorgan employees have been charged for allegedly covering up the bank's losses, says The Huffington Post.

Copyright 2013 ABC News Radio

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