
Stocks tumble as FedEx profit warning spooks investors
The market swoon adds to weekly losses sparked by a hotter-than-expected inflation report.
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The market swoon adds to weekly losses sparked by a hotter-than-expected inflation report.
Shares of the delivery giant fell 20% on news that it was slashing its profit outlook, heightening recession fears.
Security footage caught the driver racing toward the home, grabbing a water hose, and walking toward the fire.
The positions are primarily part-time. However, they still include benefits such as competitive wages, paid time off, tuition reimbursement, paid parental leave, as well as medical, dental, and vision insurance.
FedEx says they are hiring for 1,500 jobs in Southern California in advance of the holiday season.
Footage of the landing appeared to show sparks coming off the plane and a small fire erupting.
The mobile units join two already delivered by FedEx to Martin Luther King Jr. Community Hospital in mid-March that are being used to isolate patients with coronavirus.
An FBI agent told CBS "it's more than possible" that this package is related to the explosions that have occurred in Austin in recent days.
FedEx said that the domestic, regional and intercontinental operations of TNT Express were slowed.
Gift-givers will have to make their way to the postal office, FedEx or UPS offices by Tuesday to get their presents shipped in time to arrive before Christmas Day without paying hefty expedited service fees.
With the holiday shopping season ramping up, doorstep package thefts are on the rise, but there are free services to help shoppers manage their deliveries and keep them out of thieves' hands.
A year-long investigation determined that a FedEx truck driver was to blame for a crash with a tour bus carrying dozens of Los Angeles-area high school student that killed 10 people.
Footage shows a woman running to the front doorway of the residence on Dittmar Drive and seconds later running to a waiting pick-up truck with seven packages.
The bus was carrying 44 students from Southern California for a free tour of Humboldt State University on the state's far north coast.
The Los Angeles City Council Tuesday honored a student who survived a fiery bus crash that claimed the lives of 10 people in Orland last month.
A student injured in the fiery April 10 crash between a tour bus and a FedEx truck in Northern California has filed a negligence lawsuit against the mailing giant and the bus owners.
Forty-three high school students and three adult chaperones were on a bus traveling from Los Angeles for a tour of Humboldt University when the bus was struck by a FedEx tractor trailer on April 10.
The negligence suit that seeks $100 million in damages is the first filed in connection with the April 10 freeway crash in Orland, said A. King Aminpour, the attorney for the plaintiffs.
Michael Myvett and his fiancée, Mattison Haywood, were on the bus that crashed into a FedEx truck in Orland last Thursday, killing five students and five adults.
Federal investigators Monday shifted their investigation of last week's deadly bus crash in Orland to Los Angeles, officials said.
Miles Hill was sitting near the front of the bus when it was struck by a FedEx tractor-trailer Thursday.
Daedreon Kendrick suffered a concussion, a busted chin and bruising in the horrific crash that took ten lives last Thursday, when a bus carrying students en route to visit the HSU campus was struck by a FedEx tractor-trailer.
Calvin Aceves says he was asleep on the bus when he awoke to the sound of a big boom and screams.
Federal investigators said Sunday that they haven't found physical evidence confirming a witness' claim that a FedEx truck was on fire before it slammed into a bus carrying high school students, killing 10 people in Northern California.
Federal investigators are looking into a driver's claim that a FedEx tractor-trailer was already on fire when it careened out-of-control across a freeway median and slammed into a bus taking high school students on a college tour, killed 10 people and injuring dozens more.
The suspects broke into an office door at San Bernardino Coin Wash, at least three different times using various tools to get in, including a sledgehammer, pry bar and power saw.
The average price of a gallon of gasoline in Los Angeles County rose for the 22nd time in 24 days on Thursday, increasing 12.3 cents to $6.285.
A fire lead authorities to discover a marijuana growing operation at a one-story home in Northridge on Thursday.
Four northbound lanes are blocked on the 405 Freeway at Sherman Way after a deadly crash Thursday morning.
Michael Gambon, the British-Irish actor who portrayed Dumbledore in the latter 6 of the 8 "Harry Potter" movies, has died after a bout of pneumonia.
The suspects broke into an office door at San Bernardino Coin Wash, at least three different times using various tools to get in, including a sledgehammer, pry bar and power saw.
The average price of a gallon of gasoline in Los Angeles County rose for the 22nd time in 24 days on Thursday, increasing 12.3 cents to $6.285.
Seven Republican candidates met for the second primary debate in California on Wednesday, taking aim at President Biden and each other.
A fire lead authorities to discover a marijuana growing operation at a one-story home in Northridge on Thursday.
Four northbound lanes are blocked on the 405 Freeway at Sherman Way after a deadly crash Thursday morning.
The suspects broke into an office door at San Bernardino Coin Wash, at least three different times using various tools to get in, including a sledgehammer, pry bar and power saw.
The average price of a gallon of gasoline in Los Angeles County rose for the 22nd time in 24 days on Thursday, increasing 12.3 cents to $6.285.
A fire lead authorities to discover a marijuana growing operation at a one-story home in Northridge on Thursday.
Four northbound lanes are blocked on the 405 Freeway at Sherman Way after a deadly crash Thursday morning.
Police are actively searching for the two suspects who were caught on camera stealing an 11-year-old dog named Drake from a woman inside of a 7-Eleven in North Hollywood early Tuesday morning.
The monthlong Ohana Mai Tai fundraiser includes over a dozen Surf City restaurants, where 100 percent of their Mai Tai sales will go to the Legacy of Aloha Foundation.
Nic Kerdiles, a former Anaheim Ducks forward, has died at 29 after he was involved in a motorcycle crash in Nashville, Tennessee.
Beador was arrested for DUI hit-and-run after crashing into a house in Newport Beach on Saturday.
Brandon Libardo Bustos-Bermudez, was arrested while committing a separate burglary at a different Kohl's, located in Chino Hills, on Friday. He was found to be connected to the $74k gold jewelry theft that happened in Seal Beach on Aug. 31.
According to police, the crash was caused when a speeding driver swerved into oncoming traffic to avoid rear-ending another car.
Israel DeAvila, was arrested Monday morning after he was found to be driving under the influence on the Venice Boardwalk, where he hit at least one person.
Two students were taken to a nearby hospital after an accidental release of pepper spray at the The Journey School in Moreno Valley on Wednesday.
The video shows a deputy run up behind the girl before slamming her to the ground outside of a high school football game in Victorville.
According to prosecutors, the kidnappers threatened to cut off the teen's body parts if his mother did not pay the $500,000 ransom.
Shawna Weems, 28, was stabbed to death after she reportedly asked two people doing drugs outside of her home to move on Monday.
A KCAL News investigation, which revealed dangerous and toxic conditions at several Metro stations across Los Angeles County, where potentially deadly traces of drugs were found left behind, has prompted the Metro board to pass a mandate requiring cleaning and disinfecting to promote the safety of travelers. David Goldstein reports.
KCAL News senior reporter Ross Palombo shows how race, ethnicity and wealth affect the quality of schools in California.
Following a KCAL News investigation, Los Angeles Mayor Karen Bass proposed new changes to make Metro train stations safer.
KCAL News investigative reporter David Goldstein goes over the environmental report outlining the potentially deadly traces of drugs left behind by homeless residents who had camped out in train stations.
Critical questions involving former school police, an attorney and a now-enraged family. Those are questions surrounding a shocking beating case that are being brought before the entire Los Angeles Unified School District.
The Powerball jackpot climbed to an estimated $925 million after no one beat the immense odds and won the giant prize.
An estimated $850 million Powerball jackpot is up for grabs if players are willing to brave incredibly long odds.
Seven Republican candidates met for the second primary debate in California on Wednesday, taking aim at President Biden and each other.
If a strike were to happen, it would impact 22 casinos on the Las Vegas Strip.
The Writers Guild of America released the details of their tentative agreement with Hollywood studios and have unanimously voted to end the nearly 150-day strike.
Demonstrators consisted of supporters of former President Donald Trump and immigration rights activists, among many others.
Seven Republican candidates met for the second primary debate in California on Wednesday, taking aim at President Biden and each other.
Seven Republican candidates will take the stage at the Reagan Presidential Library in Southern California, while former President Donald Trump is again skipping the primary debate.
A 29-year-old Panorama City man has been sentenced to four years and three months in prison for his role in the breach of the U.S. Capitol on Jan. 6, 2021.
President Biden said the UAW "saved the auto industry back in 2008," and should reap the benefits of profits now.
One in four college students says they have credit card debt, according to a new survey by U.S. News and World Report. And with interest rates topping 20 percent, those students could be in debt for years. On Your Side's Kristine Lazar has more on the biggest mistakes college students are making with their credit cards.
Fewer than a third of Americans have a will. Experts say that could lead to confusion and money loss when someone dies without one. On Your Side's Kristine Lazar has expert tips on who needs a will and how to create one.
Choosing random numbers increases your chances of not having to split the prize money should you win.
A new online bank is catering to seniors and advertising an advance on monthly Social Security payments, without any extra fees or charges. Kristine Lazar takes a look.
The Biden Administration wants to trash so-called "junk fees," and has spent the past year slowly chipping away at them. But will the president's efforts really help consumers? On Your Side's Kristine Lazar takes a look.
Americans still have ways to get vaccinated against COVID-19 at no out-of-pocket cost. Here's what to know.
The Biden administration is also pouring $600 million into more COVID tests manufacturing across the U.S.
Amid renewed concerns over the opioid crisis, legislation that would require insurance companies to cover the cost of the over-the-counter form of overdose-reversal drug Narcan is a step away from being signed into law by Governor Gavin Newsom.
The variant, which has an unusually large number of mutations, has also been spotted in numerous countries, but remains rare for now.
Reformulated vaccine is already available at some pharmacies and will be more widely accessible starting next week.
California's Democratic governor has vetoed a bill that would have required human drivers to be on board self-driving trucks.
Hollywood studios and striking screenwriters have spent a second full day in talks that could potentially put an end to the nearly five-month dispute that has brought many film and television productions to a halt.
A new plan from California's insurance commissioner aims to keep the nation' stop insurers from leaving the wildfire-prone state.
Negotiations are expected to resume in Hollywood this week after months of failed talks between studios and writers.
In the name of the environment and sustainability, the Starbucks disposable cup may be on its way to extinction.
Adolis García had a homer and an RBI double, Dane Dunning yielded three hits over seven dominant innings, and the Texas Rangers moved to the brink of clinching their first playoff berth since 2016 with a 5-0 victory over the Los Angeles Angels.
Freddie Freeman hit a three-run homer to reach 100 RBIs for the fourth time, and the Los Angeles Dodgers beat the Colorado Rockies 8-2 in another step toward their third straight 100-win season.
Brandon Drury had three hits, including a home run, Reid Detmers threw seven solid innings for only his second win since the All-Star break and the Los Angeles Angels rolled to a 9-3 victory over Texas on Tuesday night preventing the Rangers from getting another step closer to wrapping up their first playoff appearance since 2016.
Freddie Freeman hit a two-run homer to back the strong seven-inning start by rookie Bobby Miller, and the Los Angeles Dodgers beat Colorado 11-2 on Tuesday night to gain a doubleheader split and send the Rockies to their first 100-loss season.
Chase Anderson pitched five scoreless innings for his first win in 17 starts this season, Nolan Jones homered and the Colorado Rockies snapped a seven-game losing streak by beating the Los Angeles Dodgers 4-1 on Tuesday in the opener of a doubleheader.
Michael Gambon, the British-Irish actor who portrayed Dumbledore in the latter 6 of the 8 "Harry Potter" movies, has died after a bout of pneumonia.
The Powerball jackpot climbed to an estimated $925 million after no one beat the immense odds and won the giant prize.
The decision to resume negotiations comes just days after WGA and Hollywood studios finally reached an agreement on a new deal, putting an end to a nearly 150-day strike.
Black musician David Ryan Harris says that he was accused of trafficking his own children by a flight attendant on an American Airlines flight two weeks ago.
Rock legend Bruce Springsteen announced that he has postponed his remaining tour dates in 2023 as he receives treatment for peptic ulcer disease.
Dan Schnur, USC professor of politics and communications, felt a key takeaway from the debate was Donald Trump's criticism of Nikki Haley following the debate
Various Hyundai and Kia models between 2010 to 2019 are being recalled due to the risk of engine compartment fires.
The suspects broke into an office door at San Bernardino Coin Wash, using various tools to get in, including a sledgehammer, prybar and power saw.
Gas prices are skyrocketing at an unbelievable rate! Overnight, the average price of a gallon increased 12.3 cents to $6.285 in Los Angeles County.
A marijuana growing operation was discovered at a one-story home in Northridge after the home caught fire early Thursday morning.
Although damage was minimal, some residents woke up Monday to flooded streets, fallen trees and other issues
Tropical Storm Hilary, which started the weekend as a Category 4 hurricane, has quickly moved up the coast of Southern California, bringing heavy rain, flooding and strong winds to the area. Here's a look at some photos from the notable weather event.
Thousands descended on Huntington Beach to watch their favorite surfers compete in the Wallex US Of Surfing, July 29 - Aug 6. Check out some photos from the first couple of days of the competition
Shots from the LPGA Tour's JM Eagle LA Championship at the Wilshire Country Club in Palos Verdes.
Check out this behind-the-scenes look ahead of the 2023 Oscars at the Dolby Theatre.