Copyright 2012 http://www.nbclosangeles.com/news/business en-us Wed, 16 May 2012 05:24:34 -0700 Wed, 16 May 2012 05:24:34 -0700 NBC Owned Television Stations http://www.nbclosangeles.com/video/#!/news/business/Gumball-Machine-Pays-for-College/150765945 Wed, 09 May 2012 09:37:31 -0700 http://media.nbclosangeles.com/images/213*120/9591949_TRENDBubbleGumCollege_722x406_2232461506.jpg
At 11 years old, an El Sereno kid decided to buy a gumball machine that he turned into a business. It paid Ezequiel Olvera's way to college and now he is teaching other kids how to do the same thing. Mekahlo Medina reports for NBC4's Today in LA on Ma

]]> http://www.nbclosangeles.com/news/business/215-Freeway-Construction-CalTrans-Rain-Weather-Traffic--147086305.html Thu, 12 Apr 2012 11:00:38 -0700 http://media.nbclosangeles.com/images/213*120/freeway-215-construction.jpg
There was only a sprinkle in the Inland Empire, but a late spring shower was enough to delay construction along Interstate 215 in San Bernardino, again.

]]> http://www.nbclosangeles.com/news/business/Community-Group-Tries-to-Challenge-Walmart-Is-Denied-145245625.html Mon, 02 Apr 2012 15:33:39 -0700 http://media.nbclosangeles.com/images/180*120/walmart+market+chicago.jpg
A community advocacy group appealed a Chinatown Walmart's building permits that were approved last month, and the Los Angeles Department of Building and Safety has begun processing the request.

]]> http://www.nbclosangeles.com/news/business/AEG-NFL-DTLA-Football-Stadium-145177595.html Fri, 30 Mar 2012 20:29:03 -0700 http://media.nbclosangeles.com/images/204*120/Farmers+Field004.jpg
A deal to bring an NFL team to downtown Los Angeles is reportedly in jeopardy over AEG demands for a minority stake in the team.

]]> http://www.nbclosangeles.com/blogs/press-here/Facebook-to-Users-Dont-Give-the-Boss-Your-Password-143997706.html Fri, 23 Mar 2012 21:10:18 -0700 http://media.nbclosangeles.com/images/213*120/facebook_employee_722x406_2213032794.jpg
Facebook stresses that its Statement of Rights and Responsibilities forbids demanding login information and is a violation of its rules.

]]> http://www.nbclosangeles.com/news/business/Chinatown-Walmart-Moves-Ahead-144009766.html Fri, 23 Mar 2012 18:19:58 -0700 http://media.nbclosangeles.com/images/180*120/walmart+market+chicago.jpg
A hearing before the LA City Council on an ordinance intended to thwart a proposed Chinatown Walmart took an unexpected turn Friday when opponents learned that permits for the project had been quietly issued on...

]]> http://www.nbclosangeles.com/news/business/The-Days-of-Double-Coupons-Are-Over-143905066.html Thu, 22 Mar 2012 17:31:05 -0700 http://media.nbclosangeles.com/images/180*120/PHI+man+grocery+aisle.jpg
After years of teasing customers with on-again-off-again doubled savings, Ralphs grocery store announced in its weekly ad that it is revamping its entire rewards program.

Photo Credit: Getty Images

]]> http://ads.pheedo.com/click.phdo?s=30797ca7257f6bbce0ea326cd9e4a328&p=4 30797ca7257f6bbce0ea326cd9e4a328 ]]> Thu, 22 Mar 2012 17:31:05 -0700 http://www.nbclosangeles.com/news/business/Unlicensed-Contractors-Caught-in-Undercover-Sting-143005935.html Fri, 16 Mar 2012 19:05:08 -0700 http://media.nbclosangeles.com/images/213*120/9103257_N5PPKGIECONTRACTORSB_722x406_2211018822.jpg
Posing as homeowners, investigators nabbed 111 unlicensed contractors, including 11 in Riverside County, this week in what has been dubbed the annual "California Blitz."

]]> http://www.nbclosangeles.com/video/#!/news/business/LA-Startup-Features-Figurine-of-the-Day-Online/142363625 Thu, 15 Mar 2012 06:08:05 -0700 http://media.nbclosangeles.com/images/213*120/FotD2.jpg
Out of a job and with a growing family, Robbie Cabral of Echo Park took his passion for action figures and launched his own business: www.figurineoftheday.com. The startup website sells a...

]]> http://www.nbclosangeles.com/news/business/Chinatown-Advocates-Unhappy-with-Walmart-Announcement-140649013.html Wed, 29 Feb 2012 20:18:00 -0700 http://media.nbclosangeles.com/images/213*120/wallyworld.jpg
Local Chinatown advocacy groups plan to fight Walmart's plans to open a supermarket in fear that the world's largest retailer will edge local businesses and sour the historic district's unique flavor.

Photo Credit: Getty Images

]]> http://www.nbclosangeles.com/news/business/Student-Loans-Land-Parents-in-Financial-Hot-Water-139258008.html Wed, 15 Feb 2012 11:10:57 -0700 http://media.nbclosangeles.com/images/213*120/8792250_N5PPKGSTUDENTLOANDEB_722x406_2196354535.jpg
A family in Murrieta paid a high price for a student loan.

]]> http://www.nbclosangeles.com/news/business/Starbucks-to-Open-50-Shops-in-India-This-Year-138344104.html Mon, 30 Jan 2012 19:19:45 -0700 http://media.nbclosangeles.com/images/213*120/89841329-starbucks.jpg
Banking on a growing upper middle class.

Photo Credit: Getty Images

]]> http://www.nbclosangeles.com/video/#!/news/business/Target-is-Going-Boutique/137336148 Mon, 30 Jan 2012 09:59:56 -0700 http://media.nbclosangeles.com/images/213*120/KNSD_Target_is_Going_Boutique_011312_39_mezzn_722x406_2186818782.jpg
Along with its normal line of low cost items, the retail giant is opening a collection of specialty shops.

]]> http://www.nbclosangeles.com/video/#!/news/business/Online-Gambling-Could-Become-Legal/138172479 Sun, 29 Jan 2012 09:32:43 -0700 http://media.nbclosangeles.com/images/213*120/KNSD_Online_Gambling_Could_Become_Le_012612_61_mezzn_722x406_2190628508.jpg
Online gambling for real money is illegal in the U.S, but that may soon change. Consumer Bob reports.

]]> http://ads.pheedo.com/click.phdo?s=24e2f918d10f97cf9a98ccc07cf3a7ca&p=4 24e2f918d10f97cf9a98ccc07cf3a7ca ]]> Sun, 29 Jan 2012 09:32:43 -0700 http://www.nbclosangeles.com/news/business/Four-New-Restaurants-Open-in-Riverside--137452488.html Mon, 16 Jan 2012 19:46:23 -0700 http://media.nbclosangeles.com/images/213*120/8529843_N6PPKGIERESTAURANTBO_722x406_2187648808.jpg
People are hungry for good economic news in the Inland Empire. Four new restaurants have opened in Riverside in the last few weeks, and that means jobs.

]]> http://www.nbclosangeles.com/news/business/American-Airlines-Burbank-Bob-Hope-Airport-136971153.html Mon, 09 Jan 2012 15:50:27 -0700 http://media.nbclosangeles.com/images/213*120/AP080219046549.jpg
American Airlines is shutting down service at Burbank's Bob Hope Airport, the company announced Monday.

Photo Credit: AP

]]> http://www.nbclosangeles.com/video/#!/news/business/Wedding-Trends/136689718 Wed, 04 Jan 2012 14:32:21 -0700 http://media.nbclosangeles.com/images/213*120/wedding120411.jpg
Check out the latest in wedding trends.

]]> http://www.nbclosangeles.com/news/business/Rose-Parade-Souvenirs-Pasadena-136347198.html Wed, 28 Dec 2011 18:55:34 -0700 http://media.nbclosangeles.com/images/180*120/rosebowltrophy.JPG
The Tiffany-designed Rose Bowl trophy has to be won, but there are plenty of other kinds of memorabilia available for tourists to take home.

]]> http://www.nbclosangeles.com/news/business/White-Castle-Tests-Beer-Wine-Sales-136012128.html Wed, 21 Dec 2011 11:41:40 -0700 http://media.nbclosangeles.com/images/200*120/116042878.jpg
Customers love it, says company spokesman.

Photo Credit: Getty Images

]]> http://www.nbclosangeles.com/news/business/Closed-Hamburger-Hamlet-Closing-Sunset-135872363.html Mon, 19 Dec 2011 15:24:12 -0700 http://media.nbclosangeles.com/images/213*120/Caliente+burger+Hamburger+Hamlet.jpg
Monday is the last day to order a "Caliente Burger" at the Hamlet on Sunset.

Photo Credit: Hamburger Hamlet

]]> http://www.nbclosangeles.com/news/business/-Holiday-deadlines-online-shopping-shipping-stores-christmas-135603728.html Wed, 14 Dec 2011 16:23:55 -0700 http://media.nbclosangeles.com/images/213*120/107176992.jpg
Stores may be open until Christmas, but Wednesday is the deadline to order items online if you want to receive your gifts before Dec. 25.

Photo Credit: Getty Images

]]> http://www.nbclosangeles.com/news/business/Green-Monday-Could-Be-Biggest-Shopping-Day-Yet-135474873.html Mon, 12 Dec 2011 16:41:04 -0700 http://media.nbclosangeles.com/images/213*120/fedex-truck1.jpg
Cyber shoppers are expected to spend over $1 billion Monday as the final buying spree before the holidays begins.

]]> http://ads.pheedo.com/click.phdo?s=ec406a92a3845312a6b2d29066cfa62a&p=4 ec406a92a3845312a6b2d29066cfa62a ]]> Mon, 12 Dec 2011 16:41:04 -0700 http://www.nbclosangeles.com/news/business/Harry-Potter-Comes-to-the-Aid-of-California--135140573.html Tue, 06 Dec 2011 20:07:07 -0700 http://media.nbclosangeles.com/images/180*120/05-HP7.jpg
The popular books which became popular movies and then a popular theme park attraction in Florida, is now coming to LA.

]]> http://www.nbclosangeles.com/news/business/Cash-Mob-to-Strike-at-SoCal-Business-134708338.html Tue, 29 Nov 2011 15:24:12 -0700 http://media.nbclosangeles.com/images/213*120/shoppers4.jpg
An offshoot of flash mobs, cash mobs aim to draw attention to small businesses in need of customers.

Photo Credit: Getty Images/Flickr RF

]]> http://www.nbclosangeles.com/news/business/Shocking-Light-Sensors-Craisins-GM-Recalls-134568733.html Mon, 28 Nov 2011 16:32:40 -0700 http://media.nbclosangeles.com/images/213*120/craisins.jpg
Cranberries, shocking light sensors, and GM vehicles are among the products making recall news this week.

]]> http://www.nbclosangeles.com/news/business/Black-Thursday-New-Black-Friday-Shopping-Retail-Thanksgiving-Deals-Target-Walmart-Macys-134351783.html Wed, 23 Nov 2011 07:25:51 -0700 http://media.nbclosangeles.com/images/213*120/Black-Friday-107158034.jpg
When Thanksgiving arrives, Black Friday is not far behind. This year, retailers are not wasting much time.

Photo Credit: Getty Images

]]> http://www.nbclosangeles.com/blogs/press-here/Steve-Jobs-Heirs--134337398.html Tue, 22 Nov 2011 20:45:04 -0700 http://media.nbclosangeles.com/images/213*120/stevejobsandlaurenepowell.jpg
If Steve Jobs' heirs sell off Apple and Disney stock now, they will avoid paying $867 million in capital gains taxes

]]> http://www.nbclosangeles.com/news/business/Downtown-NFL-Farmers-Field-Football-133967813.html Wed, 16 Nov 2011 10:59:25 -0700 http://media.nbclosangeles.com/images/213*120/FARMERS+FIELD+-+EXTERIOR+-+NORTH+FACADE+-+VIEW+AT+SUNSET.jpg
Anschutz Entertainment Group has unveiled new design drawings for a proposed $1.3 billion NFL stadium downtown near L.A. Live.

Photo Credit: AEG

]]> http://www.nbclosangeles.com/news/business/Zipcar-campus-rent-vehicle--133661028.html Fri, 11 Nov 2011 11:28:13 -0700 http://media.nbclosangeles.com/images/160*120/zipcar.jpg
Angelenos who can't afford to buy a car will soon have a new alternative to get around.

]]> http://www.nbclosangeles.com/news/business/List-11-Things-To-Do-on-11-11-11-133373148.html Mon, 07 Nov 2011 19:29:58 -0700 http://media.nbclosangeles.com/images/213*120/113128665.jpg
For the first time in a century, the calendars will read 11/11/11. Here are some ways to celebrate.

Photo Credit: Getty Images

]]> http://ads.pheedo.com/click.phdo?s=7b77236cf7fa08fadd7d51c78d413b98&p=4 7b77236cf7fa08fadd7d51c78d413b98 ]]> Mon, 07 Nov 2011 19:29:58 -0700 http://www.nbclosangeles.com/news/business/John-Randolph-Hearst-Jr-dies-133323043.html Sun, 06 Nov 2011 21:42:27 -0700 http://media.nbclosangeles.com/images/213*120/AP111105180710.jpg
John Randolph Hearst Jr., a grandson of media titan William Randolph Hearst and heir to the family fortune, has died, the company said Saturday. He was 77.

Photo Credit: AP

]]> http://www.nbclosangeles.com/news/business/Venice-Post-Office-Mural-133252568.html Fri, 04 Nov 2011 18:03:39 -0700 http://media.nbclosangeles.com/images/213*120/Post+Office+mural+Venice+cropped.jpg
Postal customers and conservation advocates are planning a rally Saturday to help save a USPS branch they say has historical significance.

Photo Credit: Jim Smith

]]> http://www.nbclosangeles.com/news/business/Groupon-Shares-Climb-to-30-on-Day-1-133251508.html Fri, 04 Nov 2011 12:31:21 -0700 http://media.nbclosangeles.com/images/213*120/120340515.jpg
Groupon is now a publicly traded company. This is the first IPO in the daily-deal industry, which could ripple out into a more mature Groupon and fiercer competition from places like LivingSocial and Google.

Photo Credit: Getty Images

]]> http://www.nbclosangeles.com/news/business/Public-Bid-Los-Angeles-Dodgers-133201233.html Thu, 03 Nov 2011 17:16:48 -0700 http://media.nbclosangeles.com/images/213*120/Matt+Kemp1.jpg
Stanley Stalford of OwntheDodgers.com laid out the proposed plan for public ownership of the bankrupt baseball team.

Photo Credit: Getty Images

]]> http://www.nbclosangeles.com/news/business/Google-Venice-Beach-Binoculars-Building-133179248.html Thu, 03 Nov 2011 11:56:31 -0700 http://media.nbclosangeles.com/images/213*120/108364570.jpg
Searching for that Googleplex vibe in Southern California, Google Inc. is opening a 100,000-square-foot campus in Venice, said a company spokesman.

Photo Credit: Getty Images

]]> http://www.nbclosangeles.com/news/business/Bank-of-America-Bails-Drops-Plan-Increase-Debit-Card-Fee-133007218.html Tue, 01 Nov 2011 12:05:58 -0700 http://media.nbclosangeles.com/images/213*120/127571428.jpg
In response to customer feedback and the changing competitive marketplace, Bank of America announced a change in its plans to implement extra fees Tuesday.

Photo Credit: Getty Images

]]> http://www.nbclosangeles.com/news/business/xx-132886913.html Sun, 30 Oct 2011 15:19:35 -0700 http://media.nbclosangeles.com/images/187*120/Aqua+Dots.jpg
A roundup of the week's consumer news.

Photo Credit: Consumer Product Safety Commission

]]> http://www.nbclosangeles.com/video/#!/news/business/Scary-Sales_-Holiday-Shopping-in-October/132499783 Mon, 24 Oct 2011 17:41:26 -0700 http://media.nbclosangeles.com/images/213*120/7708044_N6PPKGWALMARTPRICING_722x406_2159594716.jpg
The holiday shopping season is huge for retailers, and a lot of them are already moving into full marketing swing

]]> http://www.nbclosangeles.com/news/business/Will-Steve-Jobs-Final-Vendetta-Haunt-Google-132417298.html Sun, 23 Oct 2011 18:58:06 -0700 http://media.nbclosangeles.com/images/213*120/jobs-steve-obit-sflead.jpg
The depths of Jobs' antipathy toward Google leaps out of Walter Isaacson's authorized biography of Apple's co-founder, which goes on sale Monday.

Photo Credit: AP

]]> http://www.nbclosangeles.com/news/business/Google-to-buy-Yahoo-132378758.html Sat, 22 Oct 2011 20:42:25 -0700 http://media.nbclosangeles.com/images/213*120/Gumby+Google+Doodle+2.jpg
As Yahoo seeks a new owner, Google may jump into the fray, the Wall Street Journal's website reported Saturday. Microsoft is already considering a bid.

]]> http://www.nbclosangeles.com/news/business/Steve-Jobs-Himself-Makes-Moment-at-Memorial-132200053.html Wed, 19 Oct 2011 16:34:07 -0700 http://media.nbclosangeles.com/images/226*120/jobsthumbnail101911.jpg
Apple shut its retail stores during the service to honor Steve Jobs.

]]> http://www.nbclosangeles.com/video/#!/news/business/The-Cost-of-Peanut-Butter-is-Rising/131494013 Thu, 13 Oct 2011 08:55:45 -0700 http://media.nbclosangeles.com/images/160*120/100308-peanut-butter-attack.jpg
A kids lunch classic is about to get a lot more expensive.

Photo Credit: Getty Images

]]> http://ads.pheedo.com/click.phdo?s=a2d96d2cee2f6b6773a5eca2779ee0bb&p=4 a2d96d2cee2f6b6773a5eca2779ee0bb ]]> Thu, 13 Oct 2011 08:55:45 -0700 http://www.nbclosangeles.com/news/business/Marine-Vets-Start-Up-Biz-Supports-Armed-Forces-131301954.html Thu, 13 Oct 2011 08:57:42 -0700 http://media.nbclosangeles.com/images/213*120/MarineVets_722x406_2149240010.jpg
Two Marine Corps Vets in Tustin are getting into the beverage industry. They're making energy drinks but their ultimate goal is helping military personnel and their families.

]]>