Business

Home > News > Business

Economy takes heavy toll on local credit unions

Fifty-three million dollars sounds like a lot of money to lose in one year.

Read Full Story | Subscribe RSS

Economy

  • County air cargo plan hits turbulence

    Meadows Field's fledgling air cargo business has faltered.

  • refinery_1_fa.JPG

    Big West's creditors hopeful they'll be paid

    Creditors owed millions of dollars by the Big West oil refinery are cautiously hopeful they will get paid since learning that an Israeli company has submitted a bid to buy the bankrupt company.

  • BUCKONECC.JPG

    GAYLEN YOUNG: Businesses ready for economy to spring back

    I get a lot of mail across my desk for small businesses. "Take out a loan, we can finance you better than a bank" or "use the Internet for profit," they tout. But nearly all those solicitations fail to heed basic business principles. More often than not, they try to capitalize on our tendency to want something for nothing.

  • Mike George

    People in Business: A who's who for Feb. 5

    MIKE GEORGE has been named 2009 Affiliate of the Year by the Bakersfield Association of Realtors’ Board of Directors. George is owner and mortgage consultant at Agape Mortgage. He serves on the association’s golf committee, its Affiliates in Action committee and its Caravan committee. As chairman of the association’s Cantree committee, he helped raise more than $10,000 for Golden Empire Gleaners. George serves as a commissioner for the Bakersfield Fire Department, and in 2009 was named Bakersfield Memorial Hospital Foundation’s 2009 Volunteer of the Year.

Real Estate

Growth

  • Ask TBC: What's delaying the Stockdale Highway roadwork?

    Q: Stockdale Highway had fast and furious construction for quite a while but halfway through the project we have not had work in over a month and traffic still backs up. There have been cones blocking off lanes west of California Avenue causing a bottleneck in an area that has had little or no work done to it. Between California and Real the roadbed has been repaired but the final surface is not finished, which causes bad puddling when it rains. In the same area there are numerous 4- to 6-inch dropoffs and breaks in the road that are almost like driving up a curb. What's the holdup with this project?

  • Ask TBC: When will the other section of Seventh Standard Road be widened?

    Q: When will 7th Standard Road (Merle Haggard Drive) from Airport Drive west to the entrance of the William Thomas Terminal be widened to four lanes as is the rest of 7th Standard east of Coffee Road?

  • Ask TBC: What work's being done on Old Farm Road?

    Q: Do you know what they are getting ready to do on Old Farm Road between Noriega and Grand Teton by Patriot Elementary School?

  • Charrette jh.JPG

    DOWNTOWN DREAMS: What we've done, what's left to do

    The weekend planning session in May 2001 attracted a menagerie of dreamers, community cheerleaders, urban designers and strange characters.

Kern Business

  • happy_hour3.JPG

    State of the entertainment industry: Splurging on nights out

    Money that used to be spent on dinner and a movie now increasingly is stashed in a savings account or used to pay bills. That’s left restaurants and entertainment venues scrambling for strategies to convince recession-weary consumers to splurge on a night out.

  • SPOTLIGHTONECC.JPG

    Venues get creative: Local theaters stay inventive to survive

    In this economy, catching a play at a local theater would seem to be an extravagance for many. Yet most Bakersfield theaters say either they’ve been unaffected by the recession or ticket sales have improved.

  • Courtenay Edelahrt

    Retail column: Christmas comes early

    One of the best things that ever happened to me was a temporary, one-year job I landed in the mid-1990s. The gig started Dec. 1, so I knew that on Dec. 1 of the following year, I’d be unemployed and broke. Just in time for the holidays.


  • John Cox

    Health care column: Biofeedback not just a 1970s fad

    Nothing evokes the wheat-germ 1970s quite like biofeedback. You remember biofeedback. After a jog and a protein shake, you could drop by a clinic, take off your headband and get wired up to a machine that played back your own muscle tension signals and other biological data over big headphones.

CEO Profiles

Crisp and Cole