<![CDATA[NBC Bay Area - Business News]]>Copyright 2017http://www.nbcbayarea.com/news/business http://media.nbcnewyork.com/designimages/nbc_bayarea_blue.png NBC Bay Area http://www.nbcbayarea.comen-usFri, 23 Jun 2017 20:40:44 -0700Fri, 23 Jun 2017 20:40:44 -0700NBC Owned Television Stations <![CDATA[Big Banks Survive Stress Tests]]> Thu, 22 Jun 2017 14:16:26 -0700 http://media.nbcbayarea.com/images/213*120/GettyImages-82842797.jpg
U.S. banks passed the first round of stress tests issued by the Federal Reserve to determine whether the banks could survive potential recessions, according to CNBC.The results released Thursday showed...

Photo Credit: Chip Somodevilla/Getty Images]]>
<![CDATA[Diners Prefer Fast Food to Sit-Down Restaurants: Survey]]> Tue, 20 Jun 2017 13:35:57 -0700 http://media.nbcbayarea.com/images/213*120/GettyImages-509058622-chipotle.jpg
When it comes to food, more Americans are looking for convenience over quality these days.NBC News reports that satisfaction with full-service restaurants has reached its lowest point in 10 years, according to...

Photo Credit: Andrew Renneisen/Getty Images, file]]>
<![CDATA[Pliny the Elder Loses Top Spot in 'Best Beers' List]]> Mon, 19 Jun 2017 20:33:40 -0700 http://media.nbcbayarea.com/images/178*120/GE35RBJF.jpg
Zymurgy Magazine, which ranks the best beers in the nation, placed the Russian Brewing Company's popular beer at No. 2 after holding to the top spot for eight years, according to SF Gate.

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<![CDATA[Amazon Buys Whole Foods: What That Means for Grocery Prices]]> Mon, 19 Jun 2017 13:01:35 -0700 http://media.nbcbayarea.com/images/213*120/whole-foods-market2.jpg
Analysts predict big changes for grocers following Amazon’s surprise purchase of Whole Foods, NBC News reported.But they also say there is a clear winner here: Shoppers."This was a very exciting announcement...

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<![CDATA[Time Warner Just Handed Snapchat a $100 Million Lifeline]]> Mon, 19 Jun 2017 11:26:20 -0700 http://media.nbcbayarea.com/images/213*120/snapchat_1200x675.jpg
Snap, the company behind the social media app Snapchat, saw a spike in its shares on Monday after the announcement of a new deal with Time Warner.The deal is valued at $100 million, people familiar with...

Photo Credit: Getty Images]]>
<![CDATA[Dow Hits Another Record High at Open as Tech Stocks Bounce]]> Mon, 19 Jun 2017 07:00:10 -0700 http://media.nbcbayarea.com/images/213*120/wall-street-sign.jpg
The Dow Jones industrial average continued its march upward Monday, opening at a record high that top's last week's milestone of 21,391.97, CNBC reported.The S&P 500 opened up 0.4 percent, leaving it...

Photo Credit: AP Photo/Mark Lennihan, File]]>
<![CDATA[US Treasury Department Releases FAQ on Cuba Changes]]> Fri, 16 Jun 2017 11:49:25 -0700 http://media.nbcbayarea.com/images/213*120/GettyImages-79836422.jpg
The Department of the Treasury's Office of Foreign Assets Control released a series of frequently asked questions regarding President Donald Trump's changes to the U.S. policy toward Cuba Friday, as the...

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<![CDATA[The Costs Of Being A Dad]]> Fri, 16 Jun 2017 10:57:45 -0700 http://media.nbcbayarea.com/images/213*120/dad-generic-and-son-shaving.jpg
Welcome to parenthood. You are a proud new father, simultaneously overjoyed and terrified. Since you are now responsible for another human being, you should know that the estimate of what it will cost to...

Photo Credit: File-Getty Images]]>
<![CDATA[Rape Victim Sues Uber, Says Execs Portrayed Her as a Liar]]> Fri, 16 Jun 2017 11:33:48 -0700 http://media.nbcbayarea.com/images/213*120/06-05-2017-uber.jpg
A woman who was raped by an Uber driver in India is suing the company for a second time, alleging that Uber executives got her private medical records and made false statements claiming she fabricated the...

Photo Credit: NBC Bay Area]]>
<![CDATA['White Skittles' for U.K. Pride Month Are Drawing Backlash]]> Thu, 15 Jun 2017 10:07:54 -0700 http://media.nbcbayarea.com/images/213*120/skittles-and-tesco-crop.jpg
An all-white, limited edition of Skittles sold in the U.K. has ignited internet debate over what some critics are calling a tone-deaf marketing scheme to celebrate LGBT Pride month.Skittles partnered...

Photo Credit: Tesco.com
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<![CDATA[Nike to Cut About 2 Percent of its Global Workforce]]> Thu, 15 Jun 2017 08:15:03 -0700 http://media.nbcbayarea.com/images/213*120/nikeshoesdisplay_1200x675.jpg
Nike has announced a new business structure which includes cutting 2 percent of its global workforce on Thursday, CNBC reported.The new structure will focus on serving consumers in 12 cities across 10...

Photo Credit: Getty Images]]>
<![CDATA[Gymboree Files For Bankruptcy]]> Mon, 12 Jun 2017 13:26:37 -0700 http://media.nbcbayarea.com/images/213*120/DIT_NAT_GYMBOREE_BANKRUPT_061217_3-149729151860300001.jpg
Children's clothing retailer Gymboree has filed for Chapter 11 bankruptcy and says it may close up to 450 stores.]]>
<![CDATA[Layoffs Could Total 1,000 as AOL and Yahoo Complete Merger]]> Wed, 07 Jun 2017 16:47:38 -0700 http://media.nbcbayarea.com/images/213*120/AP_410810447126.jpg
Layoffs are expected to take place across AOL and Yahoo that could number up to 1,000 jobs, or 20 percent of the combined company, sources told Recode.The merger between the two companies — after Verizon bought...

Photo Credit: AP Photo/Richard Drew]]>
<![CDATA[Free Taco Bell Thanks to Warriors]]> Thu, 08 Jun 2017 11:23:32 -0700 http://media.nbcbayarea.com/images/180*120/tacobell31.jpg
Want another reason to love the Golden State Warriors? Free Doritos Locos Tacos for everyone in America next week.

Photo Credit: Getty Images
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<![CDATA[Golden State Warriors Now Valued at $2.6 Billion: Forbes]]> Tue, 06 Jun 2017 19:26:09 -0700 http://media.nbcbayarea.com/images/180*120/Game2_7.jpg
According to Forbes, the Golden State Warriors are now valued at $2.6 billion. That ranks as the third-most valuable NBA franchise behind the New York Knicks and Los Angeles Lakers.

Photo Credit: Getty Images]]>
<![CDATA[Mom Seeks Friends: New App Matches Moms]]> Wed, 07 Jun 2017 03:25:40 -0700 http://media.nbcbayarea.com/images/213*120/momswithkids_1200x675.jpg
A new app on the tech scene allows for new moms from different walks of life to connect with each other nearby in a Tinderesque fashion, reported NBC News. Peanut, a new app created by mom Michelle Kennedy...

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<![CDATA[Here's What to Expect From Apple’s Big Event Next Week]]> Fri, 02 Jun 2017 10:36:07 -0700 http://media.nbcbayarea.com/images/213*120/applecompany_1200x675.jpg
Next week Apple is set to have its developer's conference, known as WWDC, where tech experts are expecting Apple to discuss new hardware and software, CNBC reported.Most likely, Apple will reveal its new...

Photo Credit: Spencer Platt/Getty Images]]>
<![CDATA[Musk Says He'll Leave Trump's Advisory Councils Over Paris Climate Deal]]> Wed, 31 May 2017 20:29:24 -0700 http://media.nbcbayarea.com/images/214*120/Musk_Says_He_wll_Leave_Trumps_Advisory_Councils_Over_Paris_C.jpg
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<![CDATA[Taxpayers May Have Overpaid by $1B for EpiPen: Senator]]> Wed, 31 May 2017 13:56:49 -0700 http://media.nbcbayarea.com/images/213*120/epipen1.jpg
American taxpayers may have overpaid by as much as $1.27 billion for EpiPen anti-allergy devices over the course of a decade, a U.S. senator said Wednesday. That is nearly three times the $465 million...

Photo Credit: AP (File)]]>
<![CDATA[Zillow's 'Zestimate' Sparks Class Action Lawsuit]]> Mon, 29 May 2017 22:13:11 -0700 http://media.nbcbayarea.com/images/213*120/edt452843520.jpg
A class action lawsuit filed against Zillow claims the real estate site’s estimate on the value of homes violates consumer protection laws.

Photo Credit: Bloomberg via Getty Images]]>
<![CDATA[How Best Buy Escaped the Retail Apocalypse]]> Thu, 25 May 2017 16:52:10 -0700 http://media.nbcbayarea.com/images/213*120/Best+Buy+General+copy.jpg
Shares of Best Buy surged more than 20 percent Thursday after the company posted unexpected sales growth in same store locations.Best Buy is a retail anomaly because it's an enjoyable place to shop, CNBC...

Photo Credit: Alexandra Clark/AP, File]]>
<![CDATA[Video Shows Brazen Robbery of Display MacBooks at Walnut Creek Apple Store]]> Fri, 26 May 2017 06:16:28 -0700 http://media.nbcbayarea.com/images/213*120/apple-mac-generic.jpg
An Apple Store in Walnut Creek was hit Thursday by robbers who made off with several laptops.

Photo Credit: AP]]>
<![CDATA[Man Aims to Convert Winery Estate Into Weed Destination]]> Thu, 25 May 2017 14:36:23 -0700 http://media.nbcbayarea.com/images/213*120/0525-2017-michaelsaloon2.jpg
The sprawling 80-acre Fetzer family winery estate will soon become a one-stop processing center for numerous cannabis farmers in Trinity, Mendocino and Humboldt counties.

Photo Credit: Joe Rosato Jr./NBC Bay Area
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<![CDATA[Race Car Costs: The High Price of Fielding a Racing Team]]> Thu, 25 May 2017 08:54:23 -0700 http://media.nbcbayarea.com/images/213*120/indy500.jpg
Gentlemen, start your engines — of your money-munching machines.While waiting for the flag to drop at the Indianapolis 500 this Memorial Day weekend, are you fantasizing about becoming a race car driver?...

Photo Credit: AP]]>
<![CDATA[Serena Williams to Join SurveyMonkey's Board of Directors]]> Wed, 24 May 2017 22:41:34 -0700 http://media.nbcbayarea.com/images/213*120/632915024-Serena-Williams-Australian-Open.jpg
Tennis legend Serena Williams is hoping to change the tech world.

Photo Credit: Scott Barbour/Getty Images]]>
<![CDATA[SF Supervisors to Determine Fate of Delivery Robots]]> Tue, 23 May 2017 18:32:20 -0700 http://media.nbcbayarea.com/images/213*120/robot_thumbnail.jpg
A slew of Bay Area cities, including Redwood City, San Carlos and Sunnyvale, have signed on to host delivery robots from Starship Technologies, but San Francisco is approaching the new service with a measure of...

Photo Credit: Rebecca Greenway]]>
<![CDATA[Bay Area Companies Lead 'Best Places to Work' Ranking]]> Sat, 20 May 2017 16:57:25 -0700 http://media.nbcbayarea.com/images/180*120/New+Image20.JPG
The Bay Area is well represented on a recent LinkedIn list of the United States' best places to work.

Photo Credit: Getty Images, File]]>