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 Richard Drew / Associated Press
Stocks surge in the last hour on news that the New York Federal Reserve chief is being tapped as Treasury secretary in the Obama administration. Shares of beleaguered Citigroup, however, drop further.
Clinton will give up her seat in the Senate to join Obama's cabinet, according to several published reports.
O.C. fire officials today blamed lack of water pressure for the loss of three to five homes when a blaze ripped through the Hidden Hills Estates area of Yorba Linda on Saturday.
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The "emergency overhaul" the mayor seeks would impose 3% reductions in most agencies.
'But we don't know why,' an investigator says. The collision injured five people Thursday.
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EVENTS & FESTIVALS
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A great walk and a Culver City opening are among the highlights. Photos | More in the Guide
A great walk and a Culver City opening are among the highlights. Photos | More in the Guide
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