<![CDATA[NBC Southern California - Business News]]> Copyright 2016 http://www.nbclosangeles.com/news/business http://media.nbcbayarea.com/designimages/NBC4_40x125.png NBC Southern California http://www.nbclosangeles.com en-us Tue, 09 Feb 2016 14:41:52 -0800 Tue, 09 Feb 2016 14:41:52 -0800 NBC Owned Television Stations <![CDATA[FCC Proposes New Competition to Set-Top TV Box Market]]> Wed, 27 Jan 2016 11:50:29 -0800 http://media.nbclosangeles.com/images/213*120/CableBox-AP_070531053315.jpg
The Federal Communications Commission may open up competition for cable and satellite TV companies, NBC News reported. The FCC proposed regulation Wednesday to allow consumers to get services through devices...

Photo Credit: ASSOCIATED PRESS]]>
<![CDATA[Tax Changes Ahead For 2016]]> Mon, 25 Jan 2016 15:14:51 -0800 http://media.nbclosangeles.com/images/213*120/NC_taxchanges0122_1500x845.jpg
Filing your taxes this year will be different than years past. For starters, you're going to have four extra days to file this year. The deadline's been moved to April 18th. Watch for all the changes to filing...]]>
<![CDATA[U.S. Stocks Post First Positive Week of the Year]]> Fri, 22 Jan 2016 13:19:55 -0800 http://media.nbclosangeles.com/images/213*120/AP_757203335586.jpg
U.S. stocks closed higher Friday, marking the first positive week in 2016, thanks to a recovery in oil prices, CNBC reported. The Standard & Poor’s 500 closed higher, with gains from energy leading all sectors...

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<![CDATA[DISH Could Face Up to $24 BIllion in Fines for Calls]]> Fri, 22 Jan 2016 12:55:22 -0800 http://media.nbclosangeles.com/images/213*120/DishNetwork-496014842.jpg
DISH Network Corp. could face up to $24 billion in fines for violating national Do-Not-Call registry laws, NBC News reported. The company is on trial in Illinois, where a U.S.

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<![CDATA[Customers on Old Netflix HD Plan Expect to Pay More]]> Wed, 20 Jan 2016 11:20:34 -0800 http://media.nbclosangeles.com/images/213*120/GettyImages-124755248.jpg
Longtime Netflix customer? You could get hit with a $2 increase in your monthly bill. On Tuesday, the company revealed in its quarterly earnings report that customers streaming under the grandfathered $7.99...

Photo Credit: Getty Images for Netflix]]>
<![CDATA[Tax Season Begins Jan. 19: Things to Know]]> Fri, 15 Jan 2016 13:25:37 -0800 http://media.nbclosangeles.com/images/210*120/GettyImages-88160312.jpg
It’s time to get back to regular routines and take care of January chores, including gathering your tax information.

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<![CDATA[Trader Joe's Accused of Underfilling Cans of Tuna]]> Thu, 07 Jan 2016 17:49:15 -0800 http://media.nbclosangeles.com/images/213*120/TraderJoes-GettyImages-536072783.jpg
A new lawsuit claims Trader Joe’s under filled 5-ounce cans of its store-brand tuna, violating federally mandated minimum standards, NBC News reported. The class action was filed Tuesday against the company and...

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<![CDATA[Chinese Stock Market Tanks, Trading Halted]]> Wed, 06 Jan 2016 18:55:59 -0800 http://media.nbclosangeles.com/images/213*120/ChinaStocks-AP_255538557568.jpg
China opted to keep guiding its currency lower, pushing Asian stocks to a three-month low on Thursday, NBC News reported. Fears for the health of the Chinese economy has been reflected in the sharply lower yuan,...

Photo Credit: AP]]>
<![CDATA[Low Gas Prices Forecast For 2016]]> Mon, 04 Jan 2016 15:09:21 -0800 http://media.nbclosangeles.com/images/213*120/NC_gasprices0104_1500x845.jpg
Analysts expect gasoline prices to remain close to $2 per gallon throughout 2016.]]>
<![CDATA[$130B Megadeal: Dow, DuPont to Merge]]> Fri, 11 Dec 2015 05:50:58 -0800 http://media.nbclosangeles.com/images/182*120/dow+chemical.jpg
Chemical giants DuPont and Dow Chemical agreed to merge in a $130 billion all-stock deal. The company would be renamed DowDuPont then split itself into three independent publicly traded companies focused...

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<![CDATA[Retailers Settle Labeling Lawsuit]]> Wed, 09 Dec 2015 16:18:49 -0800 http://media.nbclosangeles.com/images/213*120/JCPENNEY4.jpg
Nordstrom, J.C. Penney, Bed Bath and Beyond, and Backcountry.com agreed to pay penalties totaling $1.3 million for falsely labeling fibers in some of their products, according to the Federal Trade...

Photo Credit: Getty Images]]>
<![CDATA[Online Sales Surge, but Thousands Lining Up for Black Friday]]> Fri, 27 Nov 2015 04:28:13 -0800 http://media.nbclosangeles.com/images/213*120/BlackFridayMacys-AP_931186516506.jpg
Thousands of shoppers are still choosing to line up in the stores to make sure they got the best deals. The tradition of getting there early was still going strong, according to NBC News. Hundreds lined...

Photo Credit: AP Images for Macy's]]>
<![CDATA[UnitedHealth May Withdraw From Obamacare]]> Sun, 22 Nov 2015 22:15:22 -0800 http://media.nbclosangeles.com/images/213*120/UnitedHealth-AP_580078387860.jpg
Experts are divided over Thursday’s news that the No. 1 U.S. health insurer, UnitedHealth Group, might withdraw from health exchanges mandated by so-called Obamacare legislation, NBC News reported. The company...

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<![CDATA[Will Nation's Top Health Insurer Kill Obamacare?]]> Sun, 22 Nov 2015 00:19:00 -0800 http://media.nbclosangeles.com/images/213*120/Obamacare-Website-AP_249581118509.jpg
Thursday's news that the No. 1 U.S. health insurer, UnitedHealth Group, might withdraw from the health insurance exchanges mandated by so-called Obamacare legislation divided experts into two camps.

Photo Credit: File--AP]]>
<![CDATA[U.S. Stocks Close Sharply Higher in Wake of Paris Attacks]]> Mon, 16 Nov 2015 14:21:44 -0800 http://media.nbclosangeles.com/images/213*120/NYSE-Paris-Attacks-GettyImages-497371064.jpg
U.S. stocks gained Monday on a sharp jump in oil prices boosted by geopolitical concerns following weekend terror attacks in Paris. The major U.S. averages closed more than 1 percent higher, recovering some of...

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<![CDATA[Wal-Mart to Open Its Doors on Thanksgiving Day]]> Wed, 18 Nov 2015 05:18:26 -0800 http://media.nbclosangeles.com/images/213*120/WalmartBlackFriday-AP_674555436752.jpg
Wal-Mart has broken its silence about its plans for Black Friday. On Thursday, the retailer announced it will open its doors at 6 p.m. on Thanksgiving, the same time it has for the last three years. For those...

Photo Credit: Invision for Walmart]]>
<![CDATA[Company Makes $14B on China's Fake 'Singles' Day']]> Wed, 11 Nov 2015 13:07:46 -0800 http://media.nbclosangeles.com/images/213*120/AP_996003549132.jpg
The retail website Alibaba brought up $14 billion in sales on the made-up Chinese holiday "Singles' Day," the company said on Thursday. This year's sales were 60 percent higher than last year.

Photo Credit: AP]]>
<![CDATA[China's Online Singles' Day Nets Record Sales ]]> Wed, 11 Nov 2015 04:00:09 -0800 http://media.nbclosangeles.com/images/213*120/SinglesDay-GettyImages-496343898.jpg
China’s e-commerce giant Alibaba has passed its record halfway through its Singles’ Day shopping event, NBC News reported. In the first eight minutes of this year’s sale, the company generated more than...

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<![CDATA[Safety Experts Release New Booster Seat Ratings]]> Tue, 10 Nov 2015 03:47:01 -0800 http://media.nbclosangeles.com/images/213*120/news-GettyImages-580521915.jpg
The Insurance Institute for Highway Safety released its latest safety ratings for booster seats on Tuesday. Twenty of the 23 seats earned the highest rating. The IIHS said the seats would provide a good...

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<![CDATA[VW Offers $1,000 Credit Cards to Owners of Cheating Diesels]]> Mon, 09 Nov 2015 16:08:44 -0800 http://media.nbclosangeles.com/images/213*120/AP_928991880469-VW.jpg
Volkswagen's U.S. subsidiary said on Monday it will offer $1,000 worth of credit cards, of which half may be spent at VW and Audi dealerships, to owners of certain diesel models the company has admitted do...

Photo Credit: File--AP]]>
<![CDATA[Verizon Considers Sale of Business Services, Data Storage Assets]]> Fri, 06 Nov 2015 11:10:12 -0800 http://media.nbclosangeles.com/images/213*120/GettyImages-92351676.jpg
Verizon Communications Inc. is exploring a sale of its enterprise assets, according to people familiar with the matter, as the largest U.S. wireless carrier seeks to focus on its core business, NBC News...

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<![CDATA[Girl Scout's Bumping Cookies to $5 a Box]]> Thu, 05 Nov 2015 13:29:45 -0800 http://media.nbclosangeles.com/images/213*120/AP_080402011722.jpg
After years of holding prices steady, more Girl Scout councils are boosting cookie prices to $5 a box. "The No. 1 factor was us hearing feedback from adult volunteers that girls had such a great experience...

Photo Credit: ASSOCIATED PRESS]]>
<![CDATA[Wal-Mart to Get Help from Santa in Holiday Shopping War]]> Tue, 03 Nov 2015 03:56:53 -0800 http://media.nbclosangeles.com/images/213*120/Walmart-AP_660836205135.jpg
Santa Claus will be coming to Wal-Mart this holiday season, NBC News reported. The retail giant is banking on an army of Santas and other holiday attractions to help regain market share from its biggest...

Photo Credit: AP]]>
<![CDATA[Activision to Buy 'Candy Crush' Maker for $5.9B]]> Tue, 03 Nov 2015 02:17:15 -0800 http://media.nbclosangeles.com/images/213*120/CandyCrush-AP_163106589683.jpg
Video game maker Activision Blizzard Inc. said it will buy the maker of the popular “Candy Crush Saga” game, Reuters reported. Activision will buy King Digital Entertainment for $5.9 billion to strengthen...

Photo Credit: AP]]>
<![CDATA[Amazon Offers 20 Weeks of Paid Maternity Leave]]> Mon, 02 Nov 2015 14:51:19 -0800 http://media.nbclosangeles.com/images/213*120/AP_93380942358.jpg
Amazon is now offering new birth mothers who have spent a year with the company up to 20 weeks of maternity leave. The company outlined the new perk in an internal memo, which it shared with NBC News on...

Photo Credit: File--AP]]>
<![CDATA[Shoppers Prefer Paper Coupons: Survey]]> Mon, 02 Nov 2015 04:32:35 -0800 http://media.nbclosangeles.com/images/213*120/AP_090422053554.jpg
New research shows consumers are clipping coupons out of newspapers and other paper mailings rather than finding them online, according to a CreditCards.com survey. Sixty-three percent of U.S.

Photo Credit: ASSOCIATED PRESS]]>
<![CDATA[UAW & GM Reach Tentative Deal, Avert Strike]]> Sun, 25 Oct 2015 20:32:07 -0800 http://media.nbclosangeles.com/images/213*120/AP_070731045624.jpg
A tentative agreement has been reached between the United Auto Workers union bargaining committee and General Motors, averting a strike, NBC News reported. The union said all of its GM members were prepared to...

Photo Credit: ASSOCIATED PRESS]]>
<![CDATA[Zara Founder Briefly Ranks as Richest in World]]> Fri, 23 Oct 2015 10:35:28 -0800 http://media.nbclosangeles.com/images/181*120/GettyImages-1474160131.jpg
For four hours, Zara founder Amancio Ortega was the richest man in the world. The Spanish man and founder of popular clothing brand "Zara," Amancio Ortega, was briefly valued at $80 billion, making him...

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<![CDATA[Strategic Advice for Early Holiday Shoppers]]> Fri, 23 Oct 2015 01:52:31 -0800 http://media.nbclosangeles.com/images/213*120/GettyImages-474239694.jpg
It's not even Halloween yet, but Americans are already shopping for the holiday season. The National Retail Federation said about 40 percent of consumers start their seasonal shopping before Halloween. Many...

Photo Credit: Getty Images]]>