Business News

Business City Council OKs expansion of the Mesa Marin Sports Complex City Council OKs expansion of the Mesa Marin Sports Complex (Video)
The City Council approved an expansion of the Mesa Marin Sports Complex in northeast Bakersfield on Wednesday night, but not before multiple homeowners took the podium to argue that moving forward would break a promise they were given years ago.
Business California home sales decline amid tight market
California home sales declined in July compared to the same time last year as buyers struggled to find something they could afford in the tight market, a research firm said Thursday.
Business Taste of Downtown event set for Sept. 11 Taste of Downtown event set for Sept. 11 (Video)
The DBA and DBDC announced the second annual Taste of Downtown. That event - 6-10 p.m. Thursday, Sept. 11 - will benefit the DBDC and its plan for creating a clean, safe and welcoming area for downtown visitors.
Business Farmers wary of state regulating groundwater Farmers wary of state regulating groundwater (Video)
The state of California uses more groundwater than any other state in the union, but it's also the only state in the West that doesn't have any regulations to make sure wells don't run dry.
Business U.S. auto loans soar to highest level in 8 years U.S. auto loans soar to highest level in 8 years
U.S. auto loans jumped to the highest level in eight years this spring, fueled by a big increase in lending to risky borrowers, according to a report Thursday by the Federal Reserve Bank of New York.