Early estimates show that the total damage and economic loss due to the Los Angeles wildfires could be between $60 billion and $130 billion. Source

More than a hundred E. coli cases were linked to contaminated onions produced by Taylor Farms used in McDonald’s burgers. Source

Chaotic bodycam video shows Shamsud-Din Jabbar shoot at police from behind an airbag at close range, and the flash of the muzzle is visible. Source

President Biden will deliver a farewell address to the nation from the Oval Office on Wednesday, Jan. 15, the White House announced. Source

Recent major donors to Trump’s inaugural committee include Meta​, Microsoft, Amazon​, Google, Amazon, Apple’s Tim Cook, and OpenAI’s Sam Altman. Source

Paradise Mayor Steve Crowder can still remember the effects of the wildfire that ravaged his community in 2018. This comes as several fires devastate parts of Los Angeles County. Crowder joined CBS News Los Angeles with more on the Paradise relief efforts. Source

There may be some relief for business owners and others who may qualify for loans from the Small Business Administration. CBS News Los Angeles’ Joy Benedict has more. Source

FEMA Administrator Deanne Criswell provided an update during the White House press briefing on federal relief efforts for those affected by the Southern California wildfires. Source

Not sure if a CD account is still worth opening this month? Here’s what to know now. Source

Passengers from a Delta flight on an Atlanta airport tarmac were forced to evacuate as snow slams parts of Georgia. CBS News’ Skyler Henry reports. Source