By Vince Golle | Bloomberg A measure of US mortgage applications stumbled to an almost three-decade low as borrowing costs increased for a sixth-straight week, indicating further downside momentum for a battered housing market. The Mortgage Bankers Association’s overall index of applications to purchase or refinance a home slumped 6.9% in the week ended Oct.…
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Costco Wholesale Corp. said Chief Executive Officer Craig Jelinek is stepping down Jan. 1 and will be succeeded by Chief Operating Officer Ron Vachris. Jelinek has been at the helm of Costco since 2012, and before that served as president and COO. The company’s shares have grown by more than 500% over his 11-year tenure,…
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THOUSAND OAKS — Two days after cornerback Derion Kendrick was arrested on a felony weapon charge, Rams head coach Sean McVay said the team is still waiting for clarity on the situation. McVay said the situation remains day-to-day with Kendrick, and made no determination as to whether Kendrick would play for the Rams against the…
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By Abby Sewell, Tara Copp and Qassim Abdul-Zahra | Associated Press BEIRUT — Coalition forces were slightly injured in Iraq in a spate of drone attacks over the last 24 hours at U.S. bases in Iraq as regional tensions flare following the deadly bombing of a hospital in Gaza. Two drones targeted a base in…
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Chad Swanson, a 35-year-old Manhattan Beach police officer, was honored Wednesday, Oct. 18, during a celebration of life service in Cypress two weeks after was killed in a crash on the 405 Freeway. Family, friends and law enforcement personnel gathered Wednesday morning at the SeaCoast Grace Church after a procession from the Manhattan Beach Police…
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WASHINGTON — U.S. officials say they have multiple strands of intelligence — including infrared satellite data — indicating that the deadly blast at a Gaza hospital on Tuesday was caused by Palestinian fighters. The intelligence includes satellite and other infrared data showing a launch of a rocket or missile from Palestinian fighter positions within the…
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The Clippers have one more preseason game to work out the kinks, decide on a starting power forward, smooth out the offense, especially from the second unit, and just plain get it right. The regular season starts in a week, with a home game against the Portland Trailblazers, and as Tuesday’s 116-103 victory over a…
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Cornerback Jaylin Davies has been a proven ball hawk and an immediate impact player for UCLA since his arrival in 2022. He’s started in each of the last 10 games at UCLA, including the first six games this season. Davies took over a starting role in the secondary during the last four games of the…
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TEMECULA — After a preseason that included stops throughout the West Coast, the Lakers are ready to wrap up their six-game exhibition slate on Thursday night against the Phoenix Suns at Acrisure Arena in Thousand Palms. They’re entering the matchup with the intention of using it as “a little bit of a test run” –…
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GAME OF THE WEEK NO. 3 SANTA MARGARITA (5-3, 1-2) VS. NO. 6 SERVITE (4-4, 0-3) Where, when: Cerritos College, Friday, 7 p.m. Analysis: This is a big Trinity League game for Servite. The Friars need a fifth win to guarantee that they will finish at .500, the threshold for being a candidate for an…
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