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Jeannette Neumann(Bloomberg) — The Nordstrom family is joining forces with a Mexican retailer to take its namesake department store private in an all-cash transaction valued at about $6.25 billion, including debt.The founding family is betting that the century-old retail chain will be more successful without the scrutiny and demands of the public market after shares in Nordstrom Inc. plunged 40% in the last five years. During the same period, the S&P 500 rose 84%.As part of the transaction, which is expected to close in the first half of 2025, the family and Mexican department-store chain El Puerto de Liverpool SAB…

On his first day in office, President-elect Donald Trump promises, he will pardon at least some of the 1,500 or so people who have been charged with crimes in connection with the Jan. 6 riot at the U.S. Capitol. He notes that most of those defendants were not violent and that they faced a lot of pressure to plead guilty, as about 1,000 have done so far.Trump’s most vociferous critics are apt to view any pardons in these cases as an outrageous and self-interested attempt to excuse the behavior of “insurrectionists” who sought to overturn the results of the 2020…

President-elect Donald Trump has vowed he will deport millions of undocumented immigrants and their family members who are U.S. citizens. It may be a great soundbite. But this action is not only an injustice; it’s bound to devastate our economy. Our economy’s problems will not go away by blaming immigrants or by claiming that by deporting them, the nation will be great again.Why DeportationIn a recent Pew Research Center survey of registered voters in 2017, approximately 77% of the respondents believed that undocumented immigrants should be allowed to remain; 22% rejected this idea. This year, 55% supported allowing undocumented immigrants…

Is this a problem or not: Recounts of close elections are now so expensive in California that they are out-of-reach of everyone except the super-rich and well-funded special interests.The sharp increase in cost results from recent changes to state election law and regulations. In 2019, then-Secretary of State Alex Padilla decertified all the older voting equipment in California and required every county to use systems that count optical scans of mail ballots and encoded data from ballots cast on touchscreen ballot-marking devices.Previously, ballot cards were marked by voters with ink-a-dot or punch-outs. Those cards were tabulated by machine but were…

Notre Dame players celebrate after beating Indiana 27-17 in the first round of the NCAA College Football Playoff, Friday, Dec. 20, 2024, in South Bend, Ind. (AP Photo/Darron Cummings) Indiana head coach Curt Cignetti watches against Notre Dame during the first half in the first round of the NCAA College Football Playoff, Friday, Dec. 20, 2024, in South Bend, Ind. (AP Photo/Darron Cummings) Notre Dame fans celebrate during the second half in the first round of the NCAA College Football Playoff against Indiana, Friday, Dec. 20, 2024, in South Bend, Ind. (AP Photo/Darron Cummings) A bib is shown during warmups…

SACRAMENTO — JJ Redick, who hasn’t been shy about being honest with his thoughts as the Lakers’ coach, has publicly acknowledged the defensive limitations of his team – especially in light of their injuries.He was also honest when asked if the Lakers’ recent defensive surge has changed what he views could be the defensive ceiling for the team.“Yes and no,” Redick responded on Saturday ahead of the Lakers’ 103-99 road win over the Sacramento Kings. “No in the sense that…I felt coming into the year that we could be a top-10 defense.“Month, month and a half into the season did…

LOUISVILLE, Ky. — Katie Schumacher-Cawley took in her milestone moment with a big smile, hugging confetti-covered players and supporters before hoisting the championship trophy that sets her apart from other volleyball coaches.Other than one focus lapse, the Nittany Lions made sure she’d get it.Jess Mruzik made 29 kills with a .315 hitting percentage, and Schumacher-Cawley became the first female coach to win a NCAA volleyball championship as Penn State defeated Louisville 3-1 in Sunday’s final.The Nittany Lions (35-2) earned their record eighth national championship and first since 2014 under the third-year coach, who has led the team while undergoing treatment…

A family member identified a 17-year-old girl who was stabbed to death Friday, Dec. 20, as an Azusa High School senior who the Azusa Unified School District described as an award-winning artist and a dedicated member of the cheer squad and wrestling team.Angelina Gonzales was found suffering from multiple stab wounds around 10 p.m. in the 300 block of North Solano Avenue, just west of the Azusa High School West Campus.Paramedics transported Gonzales to a hospital, where she was pronounced dead, according to the Azusa Police Department.After winning first place this year at the 31st District Congressional Art Competition, and…

SALT LAKE CITY — Mason McTavish was the only scorer in the shootout and the Ducks rallied from a three-goal deficit, beating the Utah Hockey Club 5-4 on Sunday.Robby Fabbri scored twice and Isac Lundestrom and Brett Leason added goals for the Ducks, who won for the third time in four games after a five-game skid. Lukas Dostal finished with 21 saves.Clayton Keller had two goals and two assists. Barrett Hayton and Logan Cooley also scored and Jaxson Stauber made 26 saves for Utah, which had its four-game winning streak halted.Keller tapped in the puck off a rebound 86 seconds…

Washington Capitals center Aliaksei Protas (21) celebrates his goal with teammates as fans cheer during the first period of an NHL hockey game against the Kings, Sunday, Dec. 22, 2024, in Washington. (AP Photo/Terrance Williams) Washington Capitals left wing Pierre-Luc Dubois handles the puck as Kings defenseman Joel Edmundson (6) defends during the first period of an NHL hockey game, Sunday, Dec. 22, 2024, in Washington. (AP Photo/Terrance Williams) Washington Capitals center Nic Dowd, right attempts a shot as Kings goaltender David Rittich (31) defends during the first period of an NHL hockey game, Sunday, Dec. 22, 2024, in Washington.…