<![CDATA[NBC Bay Area - Business News]]> Copyright 2016 http://www.nbcbayarea.com/news/business http://media.nbcbayarea.com/designimages/nbc_bayarea_blue.png NBC Bay Area http://www.nbcbayarea.com en-us Sun, 07 Feb 2016 02:47:15 -0800 Sun, 07 Feb 2016 02:47:15 -0800 NBC Owned Television Stations <![CDATA[$13.5M Offered to Turn East Bay Medical Center Into Hotel]]> Thu, 04 Feb 2016 18:54:56 -0800 http://media.nbcbayarea.com/images/213*120/0204-2016-SanPabloMedCtr.jpg
An East Bay medical center shuttered last year could soon reopen its doors to a different set of guests: hotel-goers.

Photo Credit: NBC Bay Area]]>
<![CDATA[Super Bust? Airbnb Subletters Struggling to Cash In on Super Bowl 50]]> Fri, 05 Feb 2016 02:50:58 -0800 http://media.nbcbayarea.com/images/213*120/0204-2016-SBRental.jpg
Many people are finding Super Bowl weekend has been a super bust when it comes to renting out their homes.

Photo Credit: NBC Bay Area]]>
<![CDATA[FCC Proposes New Competition to Set-Top TV Box Market]]> Wed, 27 Jan 2016 11:50:29 -0800 http://media.nbcbayarea.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[Apple's Plan to Build New Campus in SJ Approved]]> Wed, 27 Jan 2016 18:22:47 -0800 http://media.nbcbayarea.com/images/180*120/apple16.jpg
Tech giant Apple has been given the green light to expand into San Jose. The San Jose City Council on Tuesday approved Apple's bold plan to build its 86-acre campus in North San Jose, at 2325 Orchard Way...

Photo Credit: Getty Images
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<![CDATA[Tax Changes Ahead For 2016]]> Mon, 25 Jan 2016 15:14:51 -0800 http://media.nbcbayarea.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[San Francisco's Yellow Cab Files for Bankruptcy]]> Fri, 22 Jan 2016 18:48:06 -0800 http://media.nbcbayarea.com/images/213*120/YELLOW-CAB-FILE.jpg
San Francisco's largest taxi company has filed for Chapter 11 bankruptcy. Yellow Cab made the move to help reorganize its finances. It says a spike in accident claims over the past year is partially to...

Photo Credit: NBC Bay Area]]>
<![CDATA[U.S. Stocks Post First Positive Week of the Year]]> Fri, 22 Jan 2016 13:19:55 -0800 http://media.nbcbayarea.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...

Photo Credit: AP]]>
<![CDATA[DISH Could Face Up to $24 BIllion in Fines for Calls]]> Fri, 22 Jan 2016 12:55:22 -0800 http://media.nbcbayarea.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.

Photo Credit: Bloomberg via Getty Images]]>
<![CDATA[Stock Market in Turmoil as Dow Plunges, Recovers Half of Losses]]> Wed, 20 Jan 2016 19:01:11 -0800 http://media.nbcbayarea.com/images/213*120/RM+DOW+DROPS+PKG+-+000011071.jpg
A quarter of a trillion dollars.

That's not the national debit — it's the amount of stock value Apple has lost since hitting its recent highs.

Photo Credit: NBC Bay Area]]>
<![CDATA[Customers on Old Netflix HD Plan Expect to Pay More]]> Wed, 20 Jan 2016 11:20:34 -0800 http://media.nbcbayarea.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[Netflix to Air Pollan Documentary Series]]> Fri, 15 Jan 2016 16:45:59 -0800 http://media.nbcbayarea.com/images/205*120/michaelpollankenlight.jpg
Netflix will stream a mini-documentary series featuring author and UC Berkeley professor Michael Pollan next month.

Photo Credit: Ken Light]]>
<![CDATA[Tax Season Begins Jan. 19: Things to Know]]> Fri, 15 Jan 2016 13:25:37 -0800 http://media.nbcbayarea.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.

Photo Credit: Getty Images]]>
<![CDATA[Trader Joe's Accused of Underfilling Cans of Tuna]]> Thu, 07 Jan 2016 17:49:15 -0800 http://media.nbcbayarea.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...

Photo Credit: Moment Editorial/Getty Images]]>
<![CDATA[Chinese Stock Market Tanks, Trading Halted]]> Wed, 06 Jan 2016 18:55:59 -0800 http://media.nbcbayarea.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.nbcbayarea.com/images/213*120/NC_gasprices0104_1500x845.jpg
Analysts expect gasoline prices to remain close to $2 per gallon throughout 2016.]]>
<![CDATA[Passengers Outraged by Uber's NYE Surge Pricing]]> Fri, 01 Jan 2016 20:24:34 -0800 http://media.nbcbayarea.com/images/213*120/Uber+cell+phone+010116.jpg
Disgruntled Uber customers are lashing out on social media after being hit with exceptionally high surge prices on New Year’s Eve, with some users claiming the increased rates “take advantage” of people...

Photo Credit: NBC Bay Area
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<![CDATA[Fed Raises Interest Rate: What It Means for Us]]> Wed, 16 Dec 2015 19:08:41 -0800 http://media.nbcbayarea.com/images/213*120/yellen-GettyImages-501637200.jpg
No surprise, the Federal Reserve raised interest rates for the first time in almost a decade because of the improving economy. Wall Street liked Wednesday’s announcement: the Dow went up 224 points and...

Photo Credit: Getty Images]]>
<![CDATA[$130B Megadeal: Dow, DuPont to Merge]]> Fri, 11 Dec 2015 05:50:58 -0800 http://media.nbcbayarea.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...

Photo Credit: Getty Images]]>
<![CDATA[Retailers Settle Labeling Lawsuit]]> Wed, 09 Dec 2015 16:18:49 -0800 http://media.nbcbayarea.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[NASA Partners With Google for First-of-its-Kind Quantum Computer]]> Tue, 08 Dec 2015 20:24:50 -0800 http://media.nbcbayarea.com/images/213*120/1208-2015-NASAQUANTRUM.jpg
The new Quantum computer – a joint venture between the space agency and Google – is still a bit of a mystery. The goal is to fire things up to the point where the new machine can calculate things like...

Photo Credit: NBC Bay Area]]>
<![CDATA[Online Sales Surge, but Thousands Lining Up for Black Friday]]> Fri, 27 Nov 2015 04:28:13 -0800 http://media.nbcbayarea.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[Valet Service Offered to Taco Bell Customers]]> Mon, 23 Nov 2015 20:06:53 -0800 http://media.nbcbayarea.com/images/213*120/1123-2015-ValetParking.jpg
You can now valet your car and grab Taco Bell in the East Bay. The service is part of a push to keep customers coming while construction is underway at a Walnut Creek shopping center.

Photo Credit: NBC Bay Area]]>
<![CDATA[UnitedHealth May Withdraw From Obamacare]]> Sun, 22 Nov 2015 22:15:22 -0800 http://media.nbcbayarea.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...

Photo Credit: AP]]>
<![CDATA[Will Nation's Top Health Insurer Kill Obamacare?]]> Sun, 22 Nov 2015 00:19:00 -0800 http://media.nbcbayarea.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[Walnut Creek Shopping Center Gets Redesign]]> Fri, 20 Nov 2015 17:50:45 -0800 http://media.nbcbayarea.com/images/213*120/1120-2015-BroadwayPlaza.jpg
Walnut Creek city officials are working to fast-track the redesign of its Broadway Plaza.

Photo Credit: NBC Bay Area]]>
<![CDATA[Tinder CEO Admits Addiction to Hookup App]]> Sun, 22 Nov 2015 16:35:42 -0800 http://media.nbcbayarea.com/images/213*120/140411-tinder-dating-app-mn-1310_6f284758e68894d5f153e1d324a00965.nbcnews-fp-1360-600.jpg
An interview published the day before Tinder's initial public offering found the company's CEO and co-founder admitting that he's addicted to the hookup app.]]>
<![CDATA[SF Payment Service Square Prices IPO Below Range]]> Wed, 18 Nov 2015 17:02:55 -0800 http://media.nbcbayarea.com/images/213*120/SQUARE-IPO-VO---00000000.jpg
Once the hottest of startups, Square has now officially cooled down.

Photo Credit: NBC Bay Area]]>
<![CDATA[Losing It All: How the Wealthy Blow Their Fortunes]]> Fri, 27 Nov 2015 23:40:37 -0800 http://media.nbcbayarea.com/images/213*120/1127-2015-EntrepreneurBucks.jpg
Most rich families lose their wealth by the second or third generation, research shows. In many cases, according to one expert, a "lack of trust and communication among family members" is to blame.

Photo Credit: NBC Bay Area]]>
<![CDATA[U.S. Stocks Close Sharply Higher in Wake of Paris Attacks]]> Mon, 16 Nov 2015 14:21:44 -0800 http://media.nbcbayarea.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...

Photo Credit: Getty Images]]>
<![CDATA[YouTube's New Music App Draws Mixed Reviews]]> Mon, 16 Nov 2015 14:47:05 -0800 http://media.nbcbayarea.com/images/213*120/YouTube+Music+App.jpg
YouTube launched its very own music app Thursday, entering the ever-crowded pool of streaming apps.

Photo Credit: NBC Bay Area]]>
<![CDATA[Marissa Mayer's $70K 'Wizard of Oz' Yahoo Shoot Gets Bashed]]> Fri, 13 Nov 2015 10:59:12 -0800 http://media.nbcbayarea.com/images/180*120/yahoo3.jpg
A Yahoo photo shoot has spawned online mockery after reports of an exorbitant price tag emerged.

Photo Credit: Getty Images]]>
<![CDATA[Wal-Mart to Open Its Doors on Thanksgiving Day]]> Wed, 18 Nov 2015 05:18:26 -0800 http://media.nbcbayarea.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[Apple CEO Says Cash Is Out, Cards and Apps Are In]]> Wed, 11 Nov 2015 23:28:28 -0800 http://media.nbcbayarea.com/images/213*120/tim-cook-apple-fortuna.jpg
The next generation of children will look at money the same way millennials look at pagers and phonebooks, according to Apple’s chief executive Tim Cook.

Photo Credit: NBC NEWS]]>
<![CDATA[Bay Area Corporations Earn Perfect LGBT Quality Scores]]> Thu, 19 Nov 2015 19:29:00 -0800 http://media.nbcbayarea.com/images/213*120/N11A+GOOGLE+SJ+EXPANSION+VO+-+00000000.jpg
A Human Rights Campaign report awarded perfect scores for LGBT workplace equality to dozens of Bay Area corporations.]]>
<![CDATA[Company Makes $14B on China's Fake 'Singles' Day']]> Wed, 11 Nov 2015 13:07:46 -0800 http://media.nbcbayarea.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[Black Bark BBQ to Open in Fillmore Jazz Preservation District]]> Tue, 17 Nov 2015 19:30:46 -0800 http://media.nbcbayarea.com/images/160*120/blackbarkbbq.jpg
Black Bark BBQ debuts in December from the owners of the popular 1300 on Fillmore restaurant.

Photo Credit: 1300 On Fillmore/Facebook]]>