<![CDATA[NBC Southern California - Business News]]>Copyright 2017http://www.nbclosangeles.com/news/business http://media.nbcnewyork.com/designimages/NBC4_40x125.png NBC Southern California http://www.nbclosangeles.comen-usTue, 19 Sep 2017 19:17:29 -0700Tue, 19 Sep 2017 19:17:29 -0700NBC Owned Television Stations <![CDATA[T-Mobile, Sprint in Talks About a Merger: Sources]]> Tue, 19 Sep 2017 08:58:54 -0700 http://media.nbclosangeles.com/images/213*120/GettyImages-141770730.jpg
T-Mobile and Sprint are in active talks about a merger, though negotiators are still weeks away from finalizing a deal to unite the nation's No. 3 and No. 4 wireless carriers, people close to the situation told...

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<![CDATA[Two Equifax Executives Retire After Data Breach Disclosure]]> Fri, 15 Sep 2017 16:55:59 -0700 http://media.nbclosangeles.com/images/213*120/GettyImages-844182436.jpg
Equifax said Friday that its top information and security executives were retiring, effective immediately, as the company reels from its disclosure last week that it suffered a data breach potentially affecting...

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<![CDATA[Apple Announces iPhone 8 and iPhone X]]> Tue, 12 Sep 2017 12:59:43 -0700 http://media.nbclosangeles.com/images/213*120/iphonex.jpg
Apple announced their new line of iPhones, which will ship later this year. The lineup includes iPhones 8, 8 Plus and the all-new iPhone X.]]>
<![CDATA[Target Announces Price Cuts, Sending Shares Tumbling]]> Fri, 08 Sep 2017 10:40:37 -0700 http://media.nbclosangeles.com/images/213*120/target+store+getty.jpg
Target shares dropped after the retailer posted a blog on Friday about lowering prices on thousands of items, CNBC reported.The price cuts will be on items including cereal, paper towels, baby formula, razors...

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<![CDATA[Equifax Execs Sold Stock Before Revealing Massive Breach]]> Thu, 07 Sep 2017 17:24:59 -0700 http://media.nbclosangeles.com/images/213*120/Equifax-Generic.jpg
A data breach discovered in July may have affected as many as 143 million U.S. consumers, credit tracker Equifax said Thursday.And three of the company's executives sold nearly $2 million in Equifax shares days...

Photo Credit: AP (File)]]>
<![CDATA[FB Sold Political Ads to Russian Company During Election]]> Wed, 06 Sep 2017 14:39:06 -0700 http://media.nbclosangeles.com/images/213*120/FB-event-int.jpg
It is “likely” Russian political operatives spent $100,000 on Facebook ads with “divisive messages” between June 2015 and May 2017, the company said Wednesday.In a blog post on the issue and the company’s...

Photo Credit: Noah Berger/AP (File)]]>
<![CDATA[Trump Policies on Immigrants, Tariff Could Hurt Harvey Help]]> Thu, 31 Aug 2017 09:12:53 -0700 http://media.nbclosangeles.com/images/213*120/donaldtrumpalone_1200x675.jpg
During President Donald Trump's visit to hurricane ravaged Corpus Christie in Texas he pledged to provide immediate recovery assistance, "We are going to get you back and operating immediately," but economists...

Photo Credit: Chip Somodevilla/Getty Images]]>
<![CDATA[Man Sues United Airlines Alleging Harassment Over His Name]]> Wed, 30 Aug 2017 11:05:43 -0700 http://media.nbclosangeles.com/images/213*120/united+airlines1.png
A Wisconsin man has filed a federal lawsuit against United Airlines alleging he was harassed by a reservation agent over his name.

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<![CDATA[Amazon to Lower Some Prices at Whole Foods]]> Thu, 24 Aug 2017 13:14:42 -0700 http://media.nbclosangeles.com/images/213*120/amazon-whole-foods.jpg
Amazon announced Thursday that its $13.7 billion acquisition of Whole Foods will close on Monday, CNBC reported.As the two companies work to integrate their business, all customers will immediately see "lower...

Photo Credit: Getty Images, File]]>
<![CDATA[Walmart Files Patent for Floating Warehouse ]]> Fri, 18 Aug 2017 20:40:40 -0700 http://media.nbclosangeles.com/images/213*120/walmart_722x406_2166097556.jpg
Walmart has applied for a U.S. patent for a warehouse in the sky, which could make deliveries to shoppers' homes with drones.CNBC reported that it could be the big-box retailer's latest move to take its...

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<![CDATA[After Sales Scandal, Wells Fargo Announces Board Shakeup ]]> Tue, 15 Aug 2017 15:31:15 -0700 http://media.nbclosangeles.com/images/213*120/WellsFargo11.jpg
Wells Fargo announced a board shakeup Tuesday, including the coming retirement of three directors, in a restructuring effort following the bank's consumer sales scandal, CNBC reported.Elizabeth "Betsy"...

Photo Credit: Justin Sullivan / Getty Images ]]>
<![CDATA[Costco Must Pay $19 Million for Selling 'Tiffany' Rings]]> Tue, 15 Aug 2017 10:17:34 -0700 http://media.nbclosangeles.com/images/213*120/Costco4.jpg
Costco has been ordered by a federal judge to pay Tiffany & Co. more than $19 million for selling diamond rings that were identified as “Tiffany.”In her ruling, Manhattan judge Laura Taylor Swain wrote...

Photo Credit: Scott Olson/Getty Images, File]]>
<![CDATA[Wall Street Starts to Pay Attention to North Korea Tensions]]> Fri, 11 Aug 2017 05:18:28 -0700 http://media.nbclosangeles.com/images/213*120/wall-street-sign.jpg
Wall Street reaction to threats between President Donald Trump and officials in North Korea was muted earlier in the week, but cracks are beginning to show, NBC News reported.The Dow saw its biggest dip since...

Photo Credit: AP]]>
<![CDATA[Applebee’s to Shutter More Than 100 Restaurants]]> Fri, 11 Aug 2017 03:52:37 -0700 http://media.nbclosangeles.com/images/213*120/DIT_NAT_APPLEBEES_CLOSING_081017-150239613234800001.jpg
DineEquity, the parent company of Applebee’s, announced Thursday it will close more than 100 of the chain’s locations. The announcement came with the release of the company’s second-quarter...]]>
<![CDATA[How Your Phone Can Detect Card Skimmers]]> Thu, 10 Aug 2017 07:39:49 -0700 http://media.nbclosangeles.com/images/213*120/skimmer-gas-pump-tda.jpg
Card skimmers at gas pumps and ATMs are a growing problem, but did you know your cell phone can protect you?

Photo Credit: Texas Department of Agriculture
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<![CDATA[Lawsuit: CVS Charges More for Drugs Paid for With Insurance]]> Thu, 10 Aug 2017 03:16:34 -0700 http://media.nbclosangeles.com/images/213*120/cvsgeneric_1200x675.jpg
A California woman sued CVS Health Corporation Monday, accusing the company of charging customers more when they use insurance to pay for certain generic prescriptions, NBC News reported.Megan Schultz...

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<![CDATA[Airbnb Removes Accounts Ahead of Far-Right Rally in Va.]]> Tue, 08 Aug 2017 18:40:11 -0700 http://media.nbclosangeles.com/images/213*120/GettyImages-810944488.jpg
Airbnb has deleted accounts and canceled bookings of users who appear to be connected to "Unite the Right," a far-right political rally set for Saturday in Charlottesville, Virginia.Neo-Nazi and white...

Photo Credit: Chet Strange/Getty Images, File]]>
<![CDATA[Disney to Remove All Content on Netflix for Own, New Service]]> Tue, 08 Aug 2017 13:48:15 -0700 http://media.nbclosangeles.com/images/207*120/11-11-2015-bob-iger-disney-GettyImages-492431088.jpg
Disney wants to own a piece of the streaming pie.The company announced during its latest earnings report on Tuesday it intends to pull all its movies from Netflix for its own streaming service in 2019,...

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