Gas prices drop amid recession fears, pre-summer lull: AAA

Gas prices decreased last week, but rising interest rates have raised concerns of a recession, according to AAA.

California Big Lots managers claim they were fired for chasing down stolen merchandise

A manager at a Big Lots store in California claimed she and her colleague were fired after wrangling back a shopping cart from an alleged shoplifter who made off with a haul of laundry detergent.

The Cats restaurant in Los Gatos relaunching under new ownership

The building was originally opened in 1896 as a roadhouse, and then it became The Cats in 1967. The new owner says he wants to keep things the same, all while bringing a freshness to the restaurant and its menu.

Nordstrom, Anthropologie, Saks OFF 5TH closing downtown San Francisco shops

Nordstrom announced Tuesday morning they are closing both the downtown San Francisco flagship store and the Market Street Rack after 35 years in business.

BP reports $5 billion quarterly profit on strong oil, gas trading

BP’s profits have rebounded from last year's losses, and this quarter's earnings have exceeded analysts' expectations. Oil companies have been reporting higher earnings after Russia invaded Ukraine.

First Republic Bank seized by regulators, sold to JPMorgan Chase

San Francisco-based First Republic is the third midsize bank to fail in two months and is the second-biggest bank failure in U.S. history.

Drugmaker Akorn goes bankrupt, recalls medicines for people, pets

The company terminated all employees at its US sites and discontinued its Quality program, leading to a voluntary recall of various products.

Target expands locked merchandise cases to hit back at shoplifting

One of the things Target has utilized to curb shoplifting is locked-up cases. A Target spokesperson says the company is taking a "multi-layered approach to combating theft."

Tech sector continues to shed jobs as Dropbox lays off 500

Employees affected by the Dropbox layoffs will get 16 weeks pay as severance, plus an additional week's pay for every year of tenure.

Southwest reports $159 million 1Q loss on meltdown effects

The airline said Thursday, however, that it made money in March and expects to be solidly profitable in the April-through-June quarter that includes the start of the peak summer travel season.

These are the cities you can earn six figures in and still be broke

A new study found that in 16 of the 100 largest U.S. metros, a family of three earning a $100,000 annual income would spend more on the basics than what they earn. California cities made up half of the list.

Bed Bath & Beyond bankruptcy: Coupons expiring, return deadlines

The time to use your Bed Bath & Beyond coupon or return an unwanted item is running out. Here are the deadlines to know.