TV Anchor and longtime Business Reporter Gaylen Young says it's important to continue to report on local businesses as our economy continues to be so volatile.
"With so many new businesses starting each year and so many others expanding in the greater Bakersfield, Kern County area of California, it's important to highlight many of those local businesses, so as they remain strong the community will remain strong" explains Young.
Gaylen Young is Executive Director of Bakersfield Business News; Business Anchor for KBAK-TV 29; and a Columnist for Kern Business Magazine.
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Small Biz Profiles: Peer Through Business Windows with Gaylen Young, a new column from Kern Business Magazine. Also check out our new Small Business Profile Videos that are being featured on cable companies up and down the San Joaquin Valley.
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Reuters - Stocks plunged yet again on Thursday, as a frantic flight from risk prompted by investors' deepening economic fears drove the benchmark Standard & Poor's 500 index to its lowest level since 1997 -- completing the erasure of more than a decade of stock market gains.
Reuters - Democratic congressional leaders, seeking to salvage a bailout of the Big Three automakers, demanded executives provide a business survival plan in exchange for their support of up to $25 billion in loans.
Reuters - Citigroup Inc lost more than one-quarter of its market value on growing worries over whether it has enough capital to withstand billions of dollars of potential losses and despite new support from its largest individual investor.
Reuters - Fannie Mae and Freddie Mac, the two biggest U.S. home loan finance companies, on Thursday said they would suspend foreclosures of occupied homes until early 2009, as the government moves to stem the tide of home losses plaguing the economy.
Reuters - St Louis Federal Reserve President James Bullard said on Thursday that financial market turmoil has collapsed U.S. consumer confidence and this would weigh on growth well into next year.
TV Anchor and longtime Business Reporter Gaylen Young says it's important to continue to report on local
businesses as our economy continues to be so volatile.
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