<![CDATA[NBC Southern California - Business News]]> Copyright 2015 http://www.nbclosangeles.com/news/business http://media.nbcbayarea.com/designimages/NBC4_40x125.png NBC Southern California http://www.nbclosangeles.com en-us Sun, 29 Nov 2015 06:13:08 -0800 Sun, 29 Nov 2015 06:13:08 -0800 NBC Owned Television Stations <![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...

<![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.

<![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...

<![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...

Photo Credit: Getty Images]]>
<![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]]>
<![CDATA[Volkswagen to Overhaul Diesel Technology]]> Tue, 13 Oct 2015 12:05:01 -0800 http://media.nbclosangeles.com/images/213*120/VWCEO.jpg
Volkswagen plans a complete makeover of its diesel technology in the wake of its emissions cheating scandal. The new versions of its high-mileage engines should go into production "as soon as possible,"...

Photo Credit: File--AFP/Getty Images]]>
<![CDATA[Anheiser-Busch InBev, SABMiller Agree on New Deal ]]> Tue, 13 Oct 2015 06:56:45 -0800 http://media.nbclosangeles.com/images/213*120/GettyImages-458122296.jpg
The world's two biggest beer brewers are one step closer to a merger deal Tuesday which would lead to the world’s most dominant brewing company, NBC News reported. The agreement states that Belgium's...

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<![CDATA[Urban Outfitters in New York Ends On-Call Shifts]]> Thu, 08 Oct 2015 11:33:23 -0800 http://media.nbclosangeles.com/images/213*120/GettyImages-535061255.jpg
Urban Outfitters agreed to end on-call shifts following an inquiry into 13 retailers by New York state's Attorney General Eric Schneiderman. On-call shifts require workers to be available for shifts that could...

Photo Credit: Getty Images]]>
<![CDATA[Fiat Chrysler Avoids Strike With New Tentative Contract]]> Thu, 08 Oct 2015 02:56:02 -0800 http://media.nbclosangeles.com/images/213*120/AP_183303870867.jpg
Fiat Chrysler has reached a tentative agreement with the United Auto Workers union, tThe Associated Press reported. The new agreement means the automaker has avoided a strike at its U.S.

Photo Credit: AP]]>
<![CDATA[Norwegian Airline CEO Hints to $69 Flights From U.S to Europe]]> Tue, 06 Oct 2015 17:03:48 -0800 http://media.nbclosangeles.com/images/213*120/NorwegianCEO.jpg
Norwegian Air Shuttle ASA hopes to sell one-way tickets to Europe for $69 as early as 2017 by flying from U.S. airports that have low fees, Chief Executive Officer Bjørn Kjos said in an interview Tuesday,...

Photo Credit: File--Getty Images]]>
<![CDATA[McDonald's Rolls Out All-Day Breakfast Menu]]> Tue, 06 Oct 2015 02:46:12 -0800 http://media.nbclosangeles.com/images/213*120/McDonald%27s_breakfast.jpg
McDonald's officially rolled out its all-day breakfast options nationally on Tuesday. But the menu will depend on where you live, as the company will only offer select breakfast sandwich items in different...

Photo Credit: Getty Images]]>
<![CDATA[American Apparel Files For Bankruptcy]]> Sun, 04 Oct 2015 23:04:22 -0800 http://media.nbclosangeles.com/images/213*120/GettyImages-103497678.jpg
Troubled teen apparel retailer American Apparel Inc filed for bankruptcy protection on Monday, Reuters reported. The company said it had reached a restructuring support agreement with 95 percent of its secured...

Photo Credit: AFP/Getty Images]]>
<![CDATA[New Chip Credit Cards Deadline Has Arrived]]> Thu, 01 Oct 2015 08:39:59 -0800 http://media.nbclosangeles.com/images/214*120/NC_chippin0930.jpg
Stores, restaurants and hotels meet the deadline to have the "Chip and PIN" technology installed to work with the new, more secure credit cards.]]>
<![CDATA[What Those Metallic Chips on New Credit Cards Mean]]> Thu, 01 Oct 2015 08:40:44 -0800 http://media.nbclosangeles.com/images/213*120/AP_645262875224-CCChip.jpg
Whether you’re buying latte or a new pair of jeans, the new credit cards with the square metallic chips on the front are meant to better protect you from fraud. Here’s what you should know about chip...

Photo Credit: AP]]>
<![CDATA[Google Expected to Unveil New Phones, Latest Android OS]]> Mon, 28 Sep 2015 21:06:24 -0800 http://media.nbclosangeles.com/images/213*120/AP_768252633260.jpg
Google is expected to unveil two new Nexus smartphones, its new mobile operating system and the next generation of its Chromecast streaming device at an event in San Francisco on Tuesday. Analysts are expecting...

Photo Credit: AP]]>
<![CDATA[Empty Cash Registers: Philly Businesses Struggle Through Pope Visit ]]> Mon, 28 Sep 2015 20:32:37 -0800 http://media.nbclosangeles.com/images/213*120/Book+Store+Closes+Pope+Visit.jpg
With as many as 1.5 million people estimated to have passed through Philadelphia during the week-long World Meeting of Families conference and papal visit, one would expect business was booming. But all...

Photo Credit: Queen Muse ]]>