<![CDATA[NBC4 Washington - Business News]]>Copyright 2016http://www.nbcwashington.com/news/business http://media.nbcnewyork.com/designimages/WASH+NBC4+BLUE.png NBC4 Washington http://www.nbcwashington.comen-usWed, 31 Aug 2016 19:31:49 -0400Wed, 31 Aug 2016 19:31:49 -0400NBC Owned Television Stations <![CDATA[How Will Brexit Affect the U.S?]]> Fri, 24 Jun 2016 18:14:32 -0400 http://media.nbcwashington.com/images/213*120/WRC_0000000015196230_1200x675_712423491511.jpg
The United Kingdom has voted to leave the European Union. Beyond Friday's dramatic drop in the stock market, what implications does the Brexit have for the United States? News4's Pat Lawson Muse reports.]]>
<![CDATA[Tesla Needs More Money to Keep Model 3 On Track]]> Wed, 31 Aug 2016 14:48:43 -0400 http://media.nbcwashington.com/images/213*120/GettyImages-490597798.jpg
Automaker Tesla will need to raise additional capital in order to continue as planned with development of its new Model 3 sedan and its giant battery “gigafactory” in Reno, the company said Wednesday.

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<![CDATA[Guests' Data May Have Been Hacked at Hotels]]> Mon, 15 Aug 2016 11:49:03 -0400 http://media.nbcwashington.com/images/213*120/HotelHack-AP_16228457715731%281%29.jpg
Hyatt, Sheraton, Marriott and Westin hotels in 10 states and the District of Columbia may have been targeted by hackers for months. According to the hotel operator HEI Hotels & Resorts, malware put into place...

Photo Credit: AP]]>
<![CDATA[Macy's to Close 100 Stores Nationwide]]> Thu, 11 Aug 2016 09:06:17 -0400 http://media.nbcwashington.com/images/213*120/GettyImages-530665646.jpg
Macy's announced Thursday plans close approximately 100 of its department stores, the latest effort to adapt to shifting consumer shopping patterns and more online competition, CNBC reported.The 100 store...

Photo Credit: Spencer Platt/Getty Images]]>
<![CDATA[Amazon Japan Raided on Suspicion of Antitrust Practices]]> Mon, 08 Aug 2016 07:33:00 -0400 http://media.nbcwashington.com/images/213*120/GettyImages-151368933.jpg
Japan's Fair Trade Commission has raided the offices of Amazon's local unit on suspicion of pressuring retailers to offer products at lower prices than on rival sites, the Nikkei business daily said on...

Photo Credit: David McNew/Getty Images]]>
<![CDATA[Millennials Cause Home Ownership to Drop ]]> Thu, 28 Jul 2016 16:59:12 -0400 http://media.nbcwashington.com/images/213*120/house_home_+for_sale_owner_generic.jpg
The nation’s home ownership rate fell to its all-time low, and could drop further in the months to come, NBC News reported. The rate fell to 62.9 percent, the same as it was in 1965, when the U.S.

Photo Credit: Getty Images/Image Source]]>
<![CDATA[Facebook Beats Analyst Expectations in Second Quarter]]> Wed, 27 Jul 2016 22:32:21 -0400 http://media.nbcwashington.com/images/213*120/FacebookLogo3.jpg
Facebook beat Wall Street expectations, posting stronger earnings for the second-quarter, NBC News reported. The company reported $6.44 billion in revenue, according to a release posted after the end of...

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<![CDATA['Pokemon Go' Could Generate Billions For Apple: Analyst]]> Wed, 20 Jul 2016 19:50:40 -0400 http://media.nbcwashington.com/images/213*120/GettyImages-546258766.jpg
Apple can thank the "Pokemon Go" phenomenon for the billions of sales expected to come into the company, CNBC reports. Laura Martin, managing director of investment firm Needham & Co., estimates that...

Photo Credit: Getty Images, File]]>
<![CDATA[10 Top Consumer Complaints of 2015]]> Thu, 14 Jul 2016 04:24:34 -0400 http://media.nbcwashington.com/images/213*120/453295293.jpg
Phony IRS agents and other imposter scams topped the list of fastest-growing complaints to state and local consumer protection agencies last year, according to the latest report from the annual survey conducted...

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<![CDATA[Stocks Higher as US Creates 287K Jobs in June]]> Fri, 08 Jul 2016 14:28:09 -0400 http://media.nbcwashington.com/images/213*120/HiringSign-GettyImages-518572344.jpg
The U.S. economy added 287,000 jobs during the month of June, beating expectations and wowing investors, CNBC reported. Economists expected non-farm payrolls to jump by 175,000 for the month.

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<![CDATA[Hershey's Board Rejects Bid From Mondelez]]> Thu, 30 Jun 2016 14:45:44 -0400 http://media.nbcwashington.com/images/213*120/choco-94621201.jpg
Hershey's board of directors said Thursday it has unanimously rejected a bid by Mondelez to aquire the chocolate-giant in what would have united two of the world's largest candy-makers.The company said in...

Photo Credit: Bloomberg via Getty]]>
<![CDATA[Pepco, Exelon Trying Last-Ditch Effort to Save Merger]]> Mon, 07 Mar 2016 20:00:10 -0400 http://media.nbcwashington.com/images/213*120/pepco4.jpg
Pepco and Exelon are trying a last-ditch effort to get their $6.8 billion merger approved.]]>
<![CDATA[US Stocks Closer Higher as UK Votes on Brexit Referendum]]> Thu, 23 Jun 2016 17:41:25 -0400 http://media.nbcwashington.com/images/213*120/USStocks-AP_16172523107175.jpg
U.S. stocks closed more than 1 percent higher Thursday, on the heels of the U.K. vote to remain in the European Union, CNBC reported. The S&P 500 posted its highest close since June 9.

Photo Credit: AP]]>
<![CDATA[Fed Chair Janet Yellen 'Hopeful' About Economic Growth]]> Wed, 22 Jun 2016 16:57:04 -0400 http://media.nbcwashington.com/images/213*120/JanetYellen-AP_16174565055178.jpg
Fed Chair Janet Yellen said she's hopeful for economic growth, NBC News reported. "We are seeing a pickup in growth. There's been a sharp increase in consumer spending," Yellen told the House Financial...

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<![CDATA[Citi Sues AT&T Over 'Thanks' Rights]]> Fri, 17 Jun 2016 11:16:32 -0400 http://media.nbcwashington.com/images/213*120/citi-att-split-0616.jpg
Citigroup filed a trademark infringement suit in the U.S. District Court of Manhattan last week saying the telecom giant’s recently unveiled “AT&T thanks” program could cause confusion with the bank’s...

Photo Credit: AP]]>
<![CDATA[How to Amend a Tax Return]]> Thu, 26 May 2016 10:49:14 -0400 http://media.nbcwashington.com/images/213*120/irs-building1.jpg
You are experiencing sweet satisfaction knowing that your taxes were filed on time. That is, until you realize that you took a deduction when you did not qualify for it, or forgot to claim an important...

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<![CDATA[Sports Authority to Close All of Its Stores]]> Tue, 24 May 2016 11:32:08 -0400 http://media.nbcwashington.com/images/213*120/sports-GettyImages-513328004.jpg
Sports Authority is getting ready to close all of its 463 stores and has launched a big going-out-of-business sale, according to NBC's "Today" show. The chain filed for bankruptcy protection a few months back,...

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<![CDATA[Macy's Forecast Cut Ignites Retail Worries]]> Thu, 12 May 2016 08:37:36 -0400 http://media.nbcwashington.com/images/213*120/GettyImages-530665646.jpg
Macy's reported disappointing quarterly sales Wednesday and slashed its full-year forecast, underscoring a slump in apparel demand at U.S. department stores, NBC News reported.The bleak start to 2016...

Photo Credit: Spencer Platt/Getty Images]]>
<![CDATA[Proposed Rule May Allow Class-Action Suits Against Banks]]> Thu, 05 May 2016 18:14:49 -0400 http://media.nbcwashington.com/images/213*120/gavel-generic-stock.jpg
A rule proposed Thursday by the Consumer Financial Protection Bureau may ban mandatory arbitration clauses that prevent consumers from filing class-action lawsuits against their banks and credit card companies...

Photo Credit: Getty Images/iStockphoto]]>