Covering the week’s most noteworthy business news impacting the Filipino-American and Global Filipino community.
AFTER a productive two-year run under President Ellen Samson, the Filipino American Chamber of Commerce of Greater Los Angeles (FACCGLA) will be announcing its new officers to serve for the next two years: President and Marketing Chair Annie Nepomuceno; Vice President for Events, Lois P. Klavir; Vice President for Membership, Connie Mapue; and Secretary Evangeline…
THE client is 38 years old and single. He is a professional with a license and makes about $100,000 gross a year. He rents a room near his workplace, where he stays on weekdays; on the weekends, he stays at the family residence, which he pays $1,800 a month for, with his parents and a…
Las Vegas campus graduate shares experience Aside from working hard and perseverance, one of the most important factors in kicking off your career is education — and the institution you get it at. A school with a reputable background can build a stable foundation and give its students a solid head start, a higher chance…
Registered nurses at Methodist Hospital ratify historic first contract that sets nurses workplace protections in stone LAST month, registered nurses at Methodist Hospital in Arcadia, California ratified their first-ever contract with the state’s largest nurses union to ensure fair and safe working conditions and transparency between nurses and administrative staff. Methodist Hospital’s historic contract comes…
President Rodrigo Duterte will not interfere with the franchise renewal of major television network ABS-CBN, Malacañang said on Friday, January 3. This is because Congress has the prerogative to grant the network’s franchise, according to Presidential Spokesperson Salvador Panelo. “The president will not interfere with that prerogative unless there is an evident and brazen grave…
The Philippine Department of Trade and Industry (DTI), in partnership with the Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI), the largest organization of foreign and Filipino electronics companies in the Philippines, will present the Philippine electronic capabilities during the upcoming Consumer Electronics Show (CES). CES 2020 will run from January 7-10 in…
INDIVIDUAL Taxpayer Identification Numbers (ITIN) are used by people who should file income tax returns but are not eligible for Social Security numbers. A vast number of ITINs expired at the end of 2019. IRS Commissioner Chuck Rettig distributed information materials in multiple languages including English, Spanish, Traditional Chinese, Russian, Vietnamese, Korean and Haitian on…
THE California Family Rights Act (CFRA) entitles employees who work in businesses of 50 or more employees, 12 weeks of leave from work. This benefit is provided when they have to care for their seriously ill child, parent or spouse, for birth of and bonding with a newborn, or for the adoption or foster care…
SENIORS are husband and wife aged 70 and 65 – wife is a young and healthy 65; husband is a healthy 70 and still looks strong. Both are still working with good income. The husband grosses about $100K a year. The wife grosses about $70K a year. With $170K gross for the household, there should…
ACCORDING to a recent study, a majority of people in this country are living way beyond their means. In keeping up with the Jones’s, these people have resorted to using credit cards to buy things that they normally can’t afford with their income. They buy everything with the plastic cards they keep in their wallets. …
ACCUMULATING debt is the easiest thing you can do in America. Even your dog can get credit cards with a fake social security number. If you are an immigrant and have just arrived, you will have no history of credit here. Chances are that in your country of origin, you probably had no credit card…
CES (Consumer Electronics Show) is the largest trade fair for consumer electronics. It’s presented by Consumer Technology Association (CTA) annually in Las Vegas. It has been our tech bell weather for more than 50 years. CES features the latest products from 4,500 exhibiting companies from around the world. CES gives us a glimpse of the…
ACCORDING to a recent study, a majority of people in this country are living way beyond their means. In keeping up with the Jones’s, these people have resorted to using credit cards to buy things that they normally can’t afford with their income. They buy everything with the plastic cards they keep in their wallets. …
ACCUMULATING debt is the easiest thing you can do in America. Even your dog can get credit cards with a fake social security number. If you are an immigrant and have just arrived, you will have no history of credit here. Chances are that in your country of origin, you probably had no credit card…
Q: I was diagnosed with early stage cancer a few weeks ago. I can still do my job but I will need about 5 hours off from work every week for 3 months for medical treatments. I asked my manager for intermittent leave. When he refused, I emailed him information from the Labor Commissioner’s office…
PINAY-founded Care.com, the world’s largest online marketplace for finding and managing family care, will be acquired by American-holding company IAC, both companies announced on Friday, December 20. The two companies have entered into a definitive agreement in which IAC will acquire Care.com — founded by Filipina American Sheila Lirio Marcelo — for $15.00 per share…
Both qualify for different chapters of bankruptcy code for different chaptersof bankruptcy code Most debtors prefer to have a Chapter 7 wipe out of debt. This is called a fresh start without debt. Most debtors who qualify for Chapter 7 debt relief get to keep everything they own but are able to get rid of…
CES (Consumer Electronics Show) gives us a glimpse of the next mega trend in consumer technology. Each January, tech giants from around the world gather to show off their latest inventions in Las Vegas. Here’s a list of our favorites at the tech show earlier this year. 1. AFLAC Therapy Duck For Kids With Cancer:…
AFTER two years of presidency, Ellen Samson will pass the torch to Annie Nepomuceno who will serve a two-year term along with a new Board of Directors in the Filipino American Chamber of Commerce of Greater Los Angeles (FACCGLA). This changing of the guard follows two fruitful years under President Ellen Samson. The Chamber’s regular…
Q: I AM a part-time hourly employee working in retail. I work between 20 to 30 hours a week. I recently got sick and had to be out for three days. I was told that I was not entitled to paid sick leave because I was a part-time employee. Is this right? A: No, you…
THE first client is 75. Her husband passed four years ago and left her with $30,000 of credit card debt. She has been making minimum payments on their credit cards for the last 15 years as far as she can recall at the rate of $800 a month. So in one year, she pays about…
IF you care about how you are going to live your life 10, 20 or more years from now, this article is for you. The future is something we don’t want to think about at times. To some, it’s pretty scary. But one thing is for certain. Time flies. Weeks easily turn into months and…
Massachusetts Mutual Life Insurance Company (MassMutual) announced last November 4 that its Board of Directors has approved a $1.7 billion estimated dividend payout in 2020 to eligible participating policyowners and members. While dividends are not guaranteed, MassMutual has paid policyowner dividends every year since 1869. With the 2020 estimated payout, the company will have paid…
NEW technology gadgets were on display at the latest CES (Consumer Electronics Show) in Las Vegas – wall TVs, Virtual Reality and smart phones, but the most fun to watch were robots – robots that walk, talk, pour coffee, play Ping-Pong, and even follow you as a suitcase. Our personal favorite robot was a therapy…
THE client is 42 and is going through a divorce after a short two-year marriage. He has moved out of the marital home and now lives by himself. He has a toddler who is with his wife, so he expects to pay child support. There is not alimony because the marriage has not lasted 10…
THE Tax Cuts and Jobs Act made significant changes to income tax rates and traditional deductions. Let’s look at 10 tips on how those changes affect tax plans for this year ending December 31, 2019. This is the third of a three-part series. 7. Cover health care costs efficiently Health Savings Accounts (HSAs) and Flexible…
THE holiday season is often an active time that can become even busier for small business owners who keep the rush humming. From serving their neighborhoods to wrapping up end-of-year projects and preparing for the new year, small business owners have plenty to think about. However, remembering to check in on your energy use during…
ARE you overwhelmed with debt problems that seem insurmountable? Are you starting to feel hopeless about your financial future and thinking you’ll never get ahead? You may be at a critical point in your life where the decisions you make at this very moment will determine the kind of life you will have in the…
THE client is 42 and is going through a divorce after a short two-year marriage. He has moved out of the marital home and now lives by himself. He has a toddler who is with his wife, so he expects to pay child support. There is not alimony because the marriage has not lasted 10…
ALIVIA Stricklin worked as a security officer for First Alarm Security, a company in San Jose, CA that provides security and patrol services to businesses and homeowners. Stricklin’s duties included patrolling the premises, typically working from eight to fourteen hours a day, six days a week. Stricklin and her fellow employees claimed that they were…
