DoorDash to cut 1,250 corporate jobs after COVID-19 pandemic hiring surge

Delivery company DoorDash is eliminating more than 1,200 corporate jobs, about 6% of its total workforce, saying it hired too many people when demand for its services increased during the COVID-19 pandemic.

House passes bill to avert railroad strike, impose deal on unions

If an agreement wasn't reached before a Dec. 9 deadline, the unions threatened to strike -- which would have devastating effects on the U.S. economy.

Inflation relief checks going to residents in these states. See if you qualify

With inflation running near the highest level in 40 years, Republican and Democratic leaders in some states are offering stimulus payments to residents.

California oil refiners posting record profits during gas price spikes: Report

In testimony to the California Energy Commission, Consumer Watchdog reported the big five oil refiners in the state posted more than $67 billion in profits in the first nine months in 2021.

Pasadena man who bought Maserati with COVID relief money pleads guilty to fraud

A Pasadena man could face life in prison and a more than $10 million fine for multiple charges including buying a Maserati SUV with COVID unemployment insurance money.

Biden asks Congress to block potential railroad strike

President Joe Biden is calling on Congress to pass legislation to intervene and block a railroad strike before next month’s deadline in the stalled contract talks.

Amazon holiday shopping deals
video

Looking for some deals on holiday gifts this Cyber Monday? We're live in Oxnard at Amazon's Fulfillment Center in Oxnard with what's hot and on sale for gift-giving this year.

Retiring too early could cost you $182,000 in benefits, study says

A new study says that virtually all American workers between 45 and 62 should wait beyond age 65 to collect their retirement benefits, and many should wait until 70.

Cyber Monday 2022: How to look for the best deals

Black Friday broke sales records this year, and experts say Cyber Monday will be even bigger still. Here's how to look for the best deals, and now to end up over your head.

$740M in crypto assets recovered in FTX bankruptcy so far

The company tasked with locking down the assets of the failed cryptocurrency exchange FTX says it has managed to recover and secure $740 million in assets so far, a fraction of the potentially billions of dollars likely missing.