Fair

46°F

Shelton, WA

Fair
Humidity: 89%
  • 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 +

  • 1
  • Police Monitor Bellevue Mall Protest; No Arrests

    die-inPolice kept a close eye on about 30 people who staged a protest inside the Bellevue Square Mall during a busy holiday shopping time Saturday, but made no arrests. The group protested the recent killings of unarmed black men by police. They chanted and staged a "die-in" in the mall's center courtyard.

    Read More +
  • 1
  • Oregon State Rolls Past Depaul

    sports3Victor Robbins scored a career-high 27 points as Oregon State dominated DePaul 90-59 on Thursday night. Olaf Schaftenaar added a career-high 21 points and Gary Payton II had 15 points and five steals for the Beavers (8-2). Jamee Crockett had 14 points for the Blue Demons (6-4). Schaftenaar scored 11 of the Beavers' first 13 points to give Oregon State a 13-6 lead at the 15:47 mark. A Robbins 3-pointer stretched the margin to 42-21 with 3:23 remaining in the half.

    Read More
  • 1

JP Morgan, DOJ Reach Tentative $13 Billion Deal

b_250_0_16777215_00_images_obgrabber_2013-10_ec02adf717.jpgROBYN BECK/AFP/Getty Images (WASHINGTON) -- The United States Department of Justice and JP Morgan Chase & Co have reached a tentative deal that would have JP Morgan pay $13 billion. According to a source familiar with the negotiations, the details are not finalized, but the tentative deal was struck Friday night in a conference call between Attorney General Eric Holder, Acting Associate Attorney General Tony West, JP Morgan Chief Executive Officer Jamie Dimon, and JP Morgan General Counsel Stephen Cutler.

As of a week ago, JP Morgan was offering to pay only $11 billion, and for the past two weeks a "sticking point" has been Dimon's demand that any agreement over civil matters include a non-prosecution agreement from the Department of Justice, agreeing not to criminally prosecute anyone at JP Morgan for misrepresenting the quality of mortgages to investors.

In a call a week ago, Holder told Dimon that was "a non-starter."

In the call Friday night, Dimon indicated that he would give up that demand.

As part of the tentative deal, JP Morgan has to assist the Department of Justice with obtaining information and evidence related to individuals who allegedly misrepresented the quality of mortgages to investors.

This is the largest, single payment by a US company ever.

In the $13 billion deal, $9 billion is in penalties and fines, while the other $4 billion goes towards consumer assistance.

Copyright 2013 ABC News Radio

  1. Environment
  2. Recreation

Tweets

Seahawks
Seahawks - Wilson: "If you love football, that's got to be one of the best runs of all time." #BeastMode @MoneyLynch #SEAvsAZ

4 hours ago

wspd2pio
wspd2pio - Update: both troopers at the hospital; unknown condition. Subject that drove the vehicle that hit the trooper is in custody for DUI.

4 hours ago

Seahawks
Seahawks - LIVE @DangeRussWilson post-game press conference from @UOPXStadium. shwks.com/live #SEAvsAZ

4 hours ago

Seahawks
Seahawks - CB @RSherman_25 gets his 3rd INT of 2014 called by @RaibleKIRO7. #SEAvsAZ AUDIO shwks.com/vmcs

4 hours ago

Public Notices