Covering the week’s most noteworthy business news impacting the Filipino-American and Global Filipino community.
Did Amazon pocket its drivers’ tips? IN 2015, Amazon launched Amazon Flex, where persons can sign up as drivers to deliver products to Amazon customers. Amazon promoted that drivers could earn up to $18-$25 per hour, and could “make more” by making deliveries that are eligible for tips. Amazon promised both customers and tip-eligible drivers…
THIS is the third of four articles on clean energy. NextEra Energy (NEE): • NextEra Energy is the world’s largest utility company. • The company is the world’s largest generator of wind and solar renewable power. • It offers the best of both worlds: a secure dividend and industry-leading renewable energy growth. • It enjoys service-territory…
YOU never know what life brings. That’s why you need divine protection from the adversities that life brings us. I told you time and again to pray the rosary and Psalm 91 for divine protection. We all need divine protection. We all know that we are all on this earth temporarily, just for a short…
Q: I got a judgment for back wages from the California Labor Commissioner. But my employer filed bankruptcy and closed the business. I heard that the owners will put up another business somewhere else. Is there anything I can do to collect my back wages? A: The question above is not an uncommon one that…
THE word “bankruptcy” is packed with all sorts of negative emotional triggers. It sounds bad — even dirty. It’s embarrassing. (What if people find out?!) People paint ugly pictures of what their lives will look like post-bankruptcy. But it’s not true. Bankruptcy is an opportunity to close one chapter of your life and open a…
TWO very important events are happening today. The first is the start of former President Trump’s defense by his lawyers. It will be a short defense, they promise. How do you defend the indefensible? After seeing and hearing the case for impeachment by the prosecution in the last two days and events that happened for…
THIS is the second of four articles on clean energy. Enphase Energy (ENPH): • Enphase was the best-performing renewable energy stock of 2019 as it gained 400%. • It designs, develops, manufactures, and sells solar home energy systems. • Each panel is equipped with a microinverters that work best if there is partial shade on the…
CALLS to revive the franchise of broadcast giant ABS-CBN will have to wait until the next Congress is in session, according to Philippine House Speaker Lord Allan Velasco. Velasco said that the House of Representatives will focus on the priority measures of the current administration. “With a little over a year until the 2022 elections,…
PHILIPPINE President Rodrigo Duterte declared that he would not allow ABS-CBN to operate again even if Congress grants the network giant a new franchise. “Congress is planning to restore the franchise of the Lopezes. Wala akong problema doon kung i-restore ninyo (I don’t have a problem if Congress restores it),” he said Monday, February 8….
IF you’re in debt and are considering bankruptcy as an option for you to get needed relief, perhaps just hearing the word “bankruptcy” makes you extremely nervous. Maybe the word conjures up images in your mind of losing everything you have and not having a financial future. Relax. It’s not what you think. Regardless of…
Yunghui Chen worked as internal auditor for Western Digital Corporation, one of the world’s largest hard disk manufacturers in the world, based in San Jose, California. It employs over 5,000 people in the United States, with revenues in the billions of dollars per year. Ms. Chen started as a Senior Internal Auditor in 2005 and…
THE common belief is that a Chapter 7 for a company, or LLC, or any fictitious legal entity works the same way and ends the same way as a Chapter 7 filed by an individual person. Well, let’s just say that after four years of not knowing the difference between lies, facts and truth, we’ve…
THE Biden presidency will boost energy energy stocks (solar, wind, fuel cell) especially if it extends the solar investment tax credit for residential and commercial property installations. ETF stands for Exchange Traded Funds that are similar to Mutual Funds but trade like ordinary stocks. This is the first of four articles on clean energy. ALPS…
There is no doubt that the government’s infrastructure program today is unprecedented in the country’s post EDSA history. The projects that have been accomplished including those are underway will surely shape how our country will fare in the years to come. Now that the franchise to the Bulacan international airport has been granted to San…
2020 was a tough year. Between the pandemic and the economic crisis, we all had our hands full. And scammers didn’t take any time off either — 2020 was a busy year for fraud. In 2020, the Federal Trade Commission (FTC) got more than 2.2 million reports about fraud, with people telling us they lost nearly…
Both properties among first hotels and resorts in the world to achieve this designation SAN DIEGO – Sycuan Casino Resort and Singing Hills Golf Resort at Sycuan are proud to announce that both properties are among the first hotels in the world to become Sharecare Health Security VERIFIED® with Forbes Travel Guide. The comprehensive facility verification helps…
Inspiration4 mission will be commanded by tech entrepreneur and pilot Jared Isaacman who donates all crew seats and invites the public to participate LOS ANGELES – Plans for the world’s first all-civilian mission to space were announced on Monday, February 1 from SpaceX’s headquarters in Hawthorne, CA. The mission is being targeted for the fourth quarter of this…
FLAG carrier Philippine Airlines (PAL) is expected to lay off 2,300 jobs in mid-March as the airline weathers the impact of COVID-19 pandemic on travel demand. The cuts represent about 30% of its workforce, including both voluntary separations and involuntary retrenchment, the company announced on Tuesday, February 2. “This has been an extremely difficult and…
FOR the sixth consecutive year, the Philippines is hailed as the global leader in time spent using social media according to a new report. Filipinos spend an average of 4 hours and 15 minutes each day on social media, according to the latest Digital 2021 report released on Tuesday, January 27 by Hootsuite and We…
MonteMaria sits on a plateau overlooking a serene ocean gateway where vessels large and small cruise to and from the southern tip of Luzon island in the Philippines. At 322 feet, MonteMaria is one of the grandest religious structures in the world. The Mother of All Asia Tower of Peace is a statue devoted to…
Q: During the Stay-at-Home order in California, my employer has sent me home on a “work furlough” without pay because I am not an essential worker. It has been more than a month and I still have not been asked to go back to work. Is a work furlough a termination? What are my rights?…
WHAT is timing? In life, as we all know, there’s such a thing called timing. Like the timing is right. Or, the timing is wrong. If the timing is right, then good consequences flow from the decision made. If the timing is wrong, then bad consequences flow from the decision made. Let’s say you just…
Housing slowed down during the early part of the coronavirus pandemic. However, the combination of ultra-low interest rates and desire for more space to ride out the virus storm has brought about a surprisingly strong rebound in the market. New home sales exceeded 1 million units, up more than 40% the year before. The National…
Restrictions eased for restaurants, other business in San Diego county THE County Board of Supervisors voted on Tuesday, January 26 to expand the emergency rental assistance program for San Diegans who have suffered economic hardships due to COVID-19. The County’s program allows San Diegans who are facing eviction or are unable to pay their rent…
BPI Asset Management and Trust Corporation (AMTC), a wholly owned subsidiary of the Bank of the Philippine Islands (BPI), is hailing 2021 with the voice of financial freedom. With the steady rise of podcast consumption in the country, BPI AMTC is launching its revamped podcast channel, Wealth Radio, on Spotify in order to reach a…
IF you are a homeowner struggling with mortgage payments during this pandemic, you are not alone. A mortgage forbearance can provide temporary relief by allowing you to make either reduced payments or no payments at all, for a specific period of time. Usually, it is not automatic, and you will need to call your lender…
Housing demand is outpacing supply. Unsold inventory is down to only three months of supply. California wildfires reduced lumber and helped push up housing prices by 11%. The beneficiaries: homebuilders. Here are my top housing stocks with specific ratings and buy recommendations. 1. Beazer Homes BZH Rating: • Good: Price/Sales ratio low, industry high rank…
Francoise Brougher was employed as Chief Operating Officer of Pinterest, Inc., a multi-billion dollar image sharing service. Prior to working at Pinterest, Ms. Brougher worked for Google and Square. During her two-year tenure, she helped guide Pinterest into becoming a publicly traded company, grew its customer base and accelerated its growth. However, Ms. Brougher realized…
LET’S assume that you have incurred too much debt. What do I mean by too much debt? By this, I mean that you are now a slave to creditors because your debt level is beyond what your income can handle comfortably such that there is every month you have no savings. Let’s discuss the pros…
A SMALL business loan program will launch on January 28, the Los Angeles County Development Authority announced this week. The loan program is made possible through a $10 million business recovery assistance fund issued by the U.S. Economic Development Administration. The funds were made available through the Coronavirus Aid, Relief, and Economic Security Act Recovery…
