LOS ANGELES (Reuters) – Rapper Dr. Dre and music mogul Jimmy Iovine have donated $70 million to establish an entrepreneurial undergraduate program at the University of Southern California, the Los Angeles school said on Wednesday. The gift will create a new degree pulling faculty members from the university’s business, fine arts, music and engineering departments. The Jimmy Iovine and Andre Young Academy for Arts, Technology and the Business of Innovation will begin in the fall of 2014 and enroll a first class of 25 students, USC said. Dr. …