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  • Inclement Weather Makes A Long Night For PUD3 Linemen

    PUD3 2014JAfter a full day of rainfall which totaled over an inch-and-a-half, and included wind gusts over 30MPH, some areas of Mason County were left in the dark.  Rainwater soaked delicate electrical equipment, and sent flooded-out critters scrambling up power lines to escape the wet. Linemen for Mason PUD3 were themselves… Read More +

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  • 2 Troopers Injured In Accidents On I-5

    WSPcarpartialshotThe Washington State Patrol says two troopers who were injured Sunday night on Interstate 5 in north Seattle have been released from a hospital. The two were injured in separate crashes related to a racing incident. Trooper Chris Webb says one trooper was attempting to stop two racing cars about 9… Read More +

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  • Seahawks Close In On NFC West Title

    lynchdec2114Russell Wilson threw for two touchdowns and ran for another, Seattle set a franchise record with 596 yards of offense, and the streaking Seahawks closed in on another NFC West title with a 35-6 romp over the Arizona Cardinals on Sunday night. Seattle moved into a tie with Arizona for first in the NFC West and the Seahawks hold the tiebreaker by virtue of two wins over the Cardinals.

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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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