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  • PUD3 Financial Reporting Wins 10th Straight Award

    PUD3 FinancialMason PUD 3 has received its tenth consecutive international recognition for the quality and completeness of its financial reporting. PUD 3 was awarded the Certificate of Excellence in Financial Reporting for its 2013 Comprehensive Annual Financial Report by the International Government Finance Officers Association (GFOA)… Read More +

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  • 3rd Washington Judge Upholds Pot-Business Ban

    MJ startsA third Washington state judge says cities and counties can ban licensed marijuana businesses within their jurisdictions. The ruling Friday from Benton County Superior Court Judge Vic VanderSchoor was issued in the case of Americanna Weed, which had sued the city of Kennewick over its… Read More +

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  • Jeanpierre Returns To Add Depth At Center

    seahawksFacing a dilemma at the center position following an injury to Max Unger last week, the Seattle Seahawks were fortunate that former backup Lemuel Jeanpierre was still available as a free agent. The Seahawks re-signed Jeanpierre on Tuesday to provide depth at center following a high-ankle sprain suffered by Unger last week against the Kansas City Chiefs.

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Wall Street: Dow Loses 186 Points, Nasdaq and S&P Also Down

b_250_0_16777215_00_images_obgrabber_2013-09_bd1318deb2.jpgHemera/Thinkstock (NEW YORK) -- Stocks ended the week on a sour note. The Dow fell 186 points to finish the week at 15,451, the Nasdaq was down 14 points and closed at 3,775, and the S&P 500 closed down 12 points at 1,710. After setting its 31st record-high of the year on Wednesday, Wall Street’s good vibes didn’t last.

Many investors are concerned that dysfunction and fighting in Washington, D.C., will lead to a government shutdown. Investors are also worried that Congress and the White House won’t be able to come to terms on agreement about the approaching debt ceiling.

Hurting stocks Friday were comments from St. Louis Federal Reserve President James Bullard. He hinted that the Fed, as soon as next month, could start pulling back on its $85 billion bond buying program.

Despite the sharp drop Friday, all of the markets’ major averages finished higher for the week – the third straight week of gains. One of the biggest losers of the day Friday was BlackBerry, which announced late in the session that it will slash 4,500 jobs and post a much wider loss than expected. BlackBerry shares finished the day down 17 percent. The stock has now dropped more than 80 percent in the last three years.

Copyright 2013 ABC News Radio

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