Light rain

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Shelton, WA

Light rain
Humidity: 93%
  • Flood Warning Extends Through Thursday Morning

    skok floodThe flood warning continues for the Skokomish River near Potlatch affecting Mason County, Olympic Peninsula Region. While showers will continue over the south slopes of the Olympics, heavy rain has come to an end. The three to five inches of… Read More +

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  • Olympia Hospital Must Start Paying Business Tax

    Prov-St.Peter-Hospital-OlympiaProvidence St. Peter Hospital in Olympia will have to start paying a city business tax that will cost it an estimated $340,000 next year. The City Council voted Tuesday to remove the business and occupation tax exemption for religious and medical… Read More +

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  • Seahawks Roster Moves

    brackettThe Seattle Seahawks have claimed TE Brett Brackett off waivers from the Tennessee Titans and released TE RaShaun Allen, the team announced this afternoon.
    Brackett was originally signed as an undrafted free agent by the Miami Dolphins on July 28, 2011. He spent time on the Miami, Jacksonville and Philadelphia practice squads during 2011.

    Read More
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Facebook May Be Losing Its Cool with Teens

b_250_0_16777215_00_images_obgrabber_2013-10_128b470b36.jpgJustin Sullivan/Getty Images (NEW YORK) -- Facebook stock went on a roller coaster ride Wednesday after quarterly results came in much better than expected. The social network's shares jumped 15 percent after the company reported a 60 percent increase in third-quarter sales versus a loss a year ago.

But the share price tumbled later after remarks during an earnings call with analysts by Facebook's Chief Financial Officer David Ebersman. He disclosed that the site is no longer the cool hangout spot for some kids. "We did see a decrease in daily users" among younger teens, he said.

Many teenagers have been moving away from Facebook to Instagram, Pinterest and other newer social sites. But overall, Facebook is still adding users and has growing revenue from mobile advertising. The company says monthly active users grew to 1.19 billion, from 1.16 billion three months earlier.

Copyright 2013 ABC News Radio

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