The Breakdown

Explaining Southern California's economy

In SoCal business news: proposed expansion of film and TV tax credits, Safeway up for sale?

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Good afternoon! Every day, KPCC compiles this awesome list of interesting business stories.

State legislators introduced a new bill that will expand the types of films and TV shows that qualify for the California Film and Television tax program. Read KPCC's rundown of the bill.

FCC Plans to Issue New 'Net Neutrality' Rules. The Wall Street Journal reports that the Federal Communications Commission will issue new guidelines that would make it harder for Internet Service Providers to charge streaming video services like Netflix. 

Safeway is in discussions on a possible sale, Bloomberg reports. Safeway is the nation's second largest grocery chain. 

Uber’s new “expanded” background checks: Just a PR move or the real deal? Uber said will have its American drivers go through federal and county background check, as well as through a multi-state criminal database. But The Pando Daily says that's not as stringent or thorough as what cab drivers in most California cities must undergo.

The growth of Uber, Sidecar and Lyft, have also brought concerns from the disabled, according to the San Francisco Chronicle. In San Francisco, 25 percent of wheelchair-accessible cabs aren't being used because there aren't enough drivers, the Chronicle reports.

Mattel may have received some backlash for Barbie posing in Sports Illustrated, but it appears to have paid off, Bloomberg reports. A version of the doll in Sports Illustrated was sold at, with more than half of the dolls bought in the first two days, according to Bloomberg.

Donations can come in many forms, but here's a first. An entrepreneur donated $10,000 worth of Bitcoins, a form of digital currency, to University of Puget Sound, according to the Associated Press. After the donation was made, it was converted into real dollars.

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