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Matt Parlow, a Yale-educated lawyer from humble family origins, is set to take the top job at Chapman University, a school that mirrors his own trajectory of steady growth and ambition.Parlow, Chapman’s executive vice president, works down the hall from current president Daniele Struppa. In September, he’ll take over Struppa’s presidential suite and helm the private university in Orange with more than 10,000 enrolled students and an endowment of more than $804 million. He was revealed Tuesday, Dec. 10, as the pick to be the school’s 14th president.Struppa announced in May he will retire in late 2025. Since 2016, he’s…
Home shoppers hoping for more attractive mortgage rates next year may be disappointed.That’s the takeaway from several economists’ 2025 housing forecasts, most released over the past couple of weeks.Most of the eight forecasts call for the average rate on a 30-year mortgage to remain above 6% next year, with some including an upper range as high as 6.8%.That range would be largely in line with where rates have hovered this year. The average rate has gone as low as 6.08% in September — a 2-year low — and as high as 7.22% in May, according to mortgage buyer Freddie Mac.…
An operation to stop retail theft in San Bernardino County netted nearly 30 arrests in a week and recovered more than $10,000 in stolen property, authorities said.Sheriff’s deputies worked with the Department of Homeland Security and the California Highway Patrol to stop thefts, burglaries and vandalism at the Victoria Gardens Shopping Center in Rancho Cucamonga and various stores in Chino Hills, including The Shoppes @ Chino Hills and nearby Nike, Lowe’s and TJ Maxx locations, according to the San Bernardino County Sheriff’s Department.Law enforcement officers made 15 felony arrests, 13 misdemeanor arrests and recovered $10,281 in stolen property throughout the…
Gov. Gavin Newsom declared a state of emergency Wednesday in response to rising cases of bird flu, the same day the U.S. Centers for Disease Control confirmed a person in Louisiana had been hospitalized with a ‘‘severe’’ case of the disease.“This proclamation is a targeted action to ensure government agencies have the resources and flexibility they need to respond quickly to this outbreak,” Newsom said in a statement. “While the risk to the public remains low, we will continue to take all necessary steps to prevent the spread of this virus.”California is the first to declare a statewide emergency, though…
LOS ANGELES — A Hail Mary that left the Detroit Lions stunned. A fourth-quarter comeback that came up a touchdown short. Trading touchdowns until a failed two-point conversion ended the Lions’ two-decade-long road losing streak to the Green Bay Packers.Quarterbacks Matthew Stafford and Aaron Rodgers will face each other again on Sunday when the Rams (8-6) travel east to face the New York Jets (4-10). It will be the 18th meeting between the two, who played for NFC North rivals Detroit and Green Bay, respectively, for much of their careers.Asked to pick any games that stand out between the two…
By BIANCA VÁZQUEZ TONESS and COLLIN BINKLEY, Associated PressChildren of the wealthy and connected get special admissions consideration at some elite U.S. universities, according to new filings in a class-action lawsuit originally brought against 17 schools.Georgetown’s then-president, for example, listed a prospective student on his “president’s list” after meeting her and her wealthy father at an Idaho conference known as “summer camp for billionaires,” according to Tuesday court filings in the price-fixing lawsuit filed in Chicago federal court in 2022.Although it’s always been assumed that such favoritism exists, the filings offer a rare peek at the often secret deliberations of…
US stocks fall sharply and Dow tumbles 1,100 points after the Fed hints at just 2 rate cuts for 2025
By STAN CHOE, Associated Press NEW YORK (AP) — U.S. stocks tumbled to one of their worst days of the year after the Federal Reserve hinted Wednesday it may deliver fewer shots of adrenaline for the U.S. economy in 2025 than earlier thought. The S&P 500 fell 2.9%, just shy of its biggest loss for the year, to pull further from its all-time high set a couple weeks ago. The Dow Jones Industrial Average lost 1,123 points, or 2.6%, and the Nasdaq composite dropped 3.6%. The Fed said Wednesday it’s cutting its main interest rate for a third time this…
An Anaheim man who shot his sexual partner in the face at a Garden Grove home and then led police on a high-speed pursuit in a rented U-Haul pickup in Riverside County was convicted Wednesday, Dec. 18, of second-degree murder.An Orange County Superior Court jury deliberated for several hours before finding Ali Samoodi, 53, guilty of shooting 57-year-old Dave Abbot during the early morning hours of May 7, 2022, following a multi-day methamphetamine and sex binge in a room Abbott was renting at a home in the 5300 block of Santa Barbara Avenue.Deputy District Attorney Harris Siddiq told jurors during…
By LISA MASCARO and KEVIN FREKING, Associated PressWASHINGTON (AP) — President-elect Donald Trump abruptly rejected a bipartisan plan Wednesday to prevent a Christmastime government shutdown, instead telling House Speaker Mike Johnson and Republicans to essentially renegotiate — days before a deadline when federal funding runs out.Trump’s sudden entrance into the debate and new demands sent Congress spiraling as lawmakers are trying to wrap up work and head home for the holidays. It leaves Johnson scrambling to engineer a new plan before Friday’s deadline to keep government open.“Republicans must GET SMART and TOUGH,” Trump and Vice President-elect JD Vance said in a statement.The president-elect made…
LOS ANGELES — He hadn’t been home for a week, the campus invites flooding Eli Sanders’ phone as soon as his name dropped in the transfer portal.First he hopped on a plane to East Lansing, and Michigan State, the very Monday and Tuesday the portal opened. Then came a trip westward, to Arizona, the following Wednesday and Thursday. Friday yo-yoed him back east to Arkansas. Saturday and Sunday was Virginia Tech. All of these programs pitching themselves, across the country, to one of the most productive backs in the portal, the 5-foot-11 Sanders coming off a season in which he…