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A massive redevelopment plan that would add a hotel and convention center to Chula Vista's bayfront cleared its last major hurdle Tuesday. The Port of San Diego board of directors unanimously approved the plan, which would add a 1,600 room hotel a 400,000 square-foot convention center along the shores of Bayside Park. The project has been in the works for more than a decade, but developer RIDA can now pull permits for the .1 billion project. "It's transformational," said port commissioner Ann Moore, noting the project would add retail, restaurants, park space and create 7,000 permanent jobs. "The revenues that this project generates will actually be used to pay for the project."Chula Vista residents at Bayside Park expressed concern Tuesday that the traffic would be overwhelming. "I think that Chula Vista is already kind of crowded so I don't know if that's the best thing to have people coming into the city," said resident Sherry Hunter. Ed Conroy, who walks in the park daily, said he expected an onslaught of traffic but that the extra crowds could benefit local businesses."It looks like they're growing," he said. "It's going to be a lot of mass transit, it's going to be a lot of traffic, it's going to be, I guess, for the good of the city."Moore said the project would make a number of infrastructure improvements, including adding shuttles and extending H Street to the water. Crews could break ground by the middle of next year, with opening as early as mid-2023. 1497

A powerful nor'easter morphed into a "bomb cyclone" Friday as it hammered the East Coast with a ferocious mix of howling winds, drenching rain, some snow and surging waves."Take this storm seriously!" the National Weather Service in Boston warned via Twitter. "This is a LIFE & DEATH situation for those living along the coast, especially those ocean-exposed shorelines."RELATED:?'Bomb cyclone' pounds east coast with heavy flooding, high winds  462

A Phoenix boy is in the hospital after his mother's boyfriend allegedly broke his bones and pulled out his hair. Phoenix police report that on Wednesday, they arrested 25-year-old Steven Darrell Nelson at his home near 7th Street and Union Hills Drive. Three weeks earlier, a 4-year-old boy who also lives at Nelson's home was taken to the hospital with multiple life-threatening injuries. Pediatricians at Phoenix Children’s Hospital report that the child had a broken arm, broken leg, lacerated liver, bowel perforation, "multiple areas of hair loss from hair being pulled out by the roots," and bruising throughout his body.The boy has been hospitalized for the past three weeks, and allegedly told police, "Steven hurt me." Upon his arrest, Nelson reportedly told police that they were playing when the injuries occurred, and, "he hoped that one day they could be friends."  926

A top JPMorgan Chase executive is warning that stocks could fall as much as 40% in the next few years.Daniel Pinto, JPMorgan's co-president, said during an interview on Bloomberg Television Thursday that he believes market gains should continue for the next year or two. But he added that investors are nervous, and that the recent announcement about tariffs and trade wars contribute to their unease."Markets are going to be nervous, nervous about anything. Nervous about anything that relates to inflation, nervous about anything that relates to growth," he said. "These tariffs, if they go a lot beyond what has been announced, it is something that will concern the markets about future growth."He said it's normal for there to be a correction at the end of an investing cycle, and that markets could be heading for a "deep correction" of between 20% and 40%, depending upon the market values at the time the downturn starts."We know there will be correction at some point," he said.Related: Wall Street is on edge about tariffsThe markets briefly fell into correction territory last month as the the Dow Jones industrial average plummeted more than 3,200 points, or 12%, in just two weeks. The market then rallied from those lows, and the S&P 500 and Dow both ended February up for the year.But so far this month, concerns about a possible trade war and the departure of former Goldman Sachs executive Gary Cohn as President Donald Trump's chief economic adviser roiled markets once again.Related: Trump's tariff bombshell - Catch up herePinto oversees corporate and investment banking at JPMorgan Chase, the nation's largest bank. In January he was promoted to co-president and co-chief operating officer, setting him up as one of the two leading contenders to be the next CEO when Jamie Dimon retires. Dimon has said he intends to stay in place until at least 2023, though.The-CNN-Wire? & ? 2018 Cable News Network, Inc., a Time Warner Company. All rights reserved. 1987

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