At least 273 bank locations closed across the United States in May, while 46 opened that month. Many major banks have announced that they’re closing down branches in 2023, as more and more customers are making deposits via their phones or to keep tabs on their balances, all without leaving their homes. Others still rely on…
American Banks Closed 273 Branch Locations in May
ANALYSIS: SCOTUS Decision on Affirmative Action Will Spark More Lawsuits, Experts Say
The U.S. Supreme Court decision barring the use of race as a criterion for college admissions rights a wrong, according to proponents of the ruling, rather than perpetuates historic injustice as critics have claimed. The 6-3 decision in Fair Admissions Inc. v. President and Fellows of Harvard College reconstituted a strict interpretation of the 14th…
ANALYSIS: SCOTUS Harvard Decision on Affirmative Action Will Spark More Lawsuits, Experts Say
The U.S. Supreme Court decision barring the use of race as a criterion for college admissions rights a wrong, according to proponents of the ruling, rather than perpetuates historic injustice as critics have claimed. The 6-3 decision in Fair Admissions Inc. v. President and Fellows of Harvard College reconstituted a strict interpretation of the 14th…
Ex-Ohio House Speaker Sentenced to 20 Years for Role in Corruption Conspiracy
Republican Larry Householder, the former speaker of the Ohio House of Representatives, has been sentenced to 20 years in prison for his role in a major racketeering conspiracy that rocked the Buckeye State. The punishment, meted out by U.S. district judge Timothy Black, is the maximum penalty allowed under the law. “The court and the…
Average Long-Term US Mortgage Rate Rises to 6.71 Percent in First Increase After 3 Straight Drops
LOS ANGELES—The average long-term U.S. mortgage rate rose this week, snapping a three-week pullback after reaching a high for the year in early June. Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year home loan rose to 6.71 percent from 6.67 percent last week. A year ago, the rate averaged…
Man Gets 14 Years for Fatal Shooting of Grossmont High Graduate
SAN DIEGO—A man who pleaded guilty to the fatal shooting of an 18-year-old last year in the College Area was sentenced June 29 to 14 years in state prison. David Rasean Vereen, 23, pleaded guilty to a voluntary manslaughter count earlier this month in connection with the June 25, 2022, shooting of Kevin Burton. Police…
Man Pleads Guilty to Robbing Same San Diego Bank He Robbed 12 Years Ago
SAN DIEGO—A man who robbed a La Mesa bank over a decade ago pleaded guilty June 29 to holding up the same bank, as well as a credit union in Imperial County. Asim Shakir Daniels admitted Thursday to robbing a Bank of the West in La Mesa on Jan. 4, 2022, as well as a…
Rare Wild Horse Born at San Diego Zoo Safari Park
SAN DIEGO—The San Diego Zoo Safari Park announced the birth of a young Przewalski’s horse on June 29, a critically endangered species previously considered extinct in the wild until 1996. The unnamed horse was born this month to its mother Nikki and father Ziggy, according to the San Diego Wildlife Alliance in a news release….
Helicopter Crew Rescues Firefighters Stranded When Rescue Boat Goes Over Falls
CLIFTON, N.J.—Two firefighters involved in a rescue effort in a New Jersey river became stranded themselves when their boat went over a waterfall, but a state police helicopter crew was eventually able to bring the pair to safety. No injuries were reported in either of Wednesday’s rescues in the Passaic River, authorities said. The Clifton…
Alan Arkin, Oscar-Winning ‘Little Miss Sunshine’ Actor, Dies at 89
LOS ANGELES—Alan Arkin, the wry character actor who demonstrated his versatility in everything from farcical comedy to chilling drama as he received four Academy Award nominations and won an Oscar in 2007 for “Little Miss Sunshine,” has died. He was 89. His sons Adam, Matthew and Anthony confirmed their father’s death through the actor’s publicist…
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