Avoid the bondage of debt, especially seniors
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…
Category: Business
Covering the week’s most noteworthy business news impacting the Filipino-American and Global Filipino community.
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Basics of Exchange-Traded Funds (ETF)
WHAT is an ETF? An ETF is a basket of securities that you can buy or sell through a brokerage firm on a stock exchange. Just like a stock, an…
20th annual Asian Small Business Expo returns on October 19
ELECTED officials, U.S. Bank representatives and many community members gathered on Wednesday, October 2 to announce the upcoming 20th Annual Asian Small Business Expo. The Asian Pacific Islander Small Business…
Does Godzilla live in your house?
THE Japanese created Godzilla a long time ago. It’s a gigantic T-Rex on steroids that destroys Tokyo and the rest of Japan until someone comes to the rescue and kills…
Signing contract with independent contractor label does not make you one and you may be entitled to more wages
NICHELLE Duffey worked as an in-home caregiver for Tender Heart Home Care Agency, LLC, a placement agency for caregivers. Duffey signed an agreement with Tender Heart stating that she is…
Here’s why some people will remain stuck in debt forever
ARE your growing debts starting to cause you sleepless nights? Are you trying hard to pay what you can every month but feel like you’re just running on a treadmill…
Filipino wins 2019 US Professional Tennis Association Star Award
LAS VEGAS — The United States Professional Tennis Association held its Awards Lunch this past Wednesday during the 2019 USPTA World Conference presented by Havana Bob’s at the Westgate Las…
Henry Sy’s children top Forbes PH richest list
A new generation of tycoons entered Forbes magazine’s 2019 Philippines Rich list on Wednesday, September 25, with the children of late tycoon Henry Sy nabbing the top spot with their…
Automatic time deductions for missed meal breaks are illegal
Q: I am a full-time hourly employee. While we were told that we have a 30-minute unpaid lunch break every day, we usually cannot take breaks due to the heavy…
Seniors raid retirement account but still require Chapter 7 relief
CLIENTS are seniors. Wife is 67 and had just retired from a lifetime of being a registered nurse. She has social security benefits of $2100. Husband is 67 and has…
Diversification – Three approaches for different types of investors
DIVERSIFICATION – investing in different stocks in different sectors – avoids that old danger zone of putting all your eggs in one basket. Loading up on just one stock puts…
Jollibee completes Coffee Bean acquisition
PHILIPPINE fast food giant Jollibee Foods Corp. (JFC) has completed its $350-million acquisition of American beverage and food retailer Coffee Bean and Tea Leaf (CBTL), marking it as the company’s…
De Lima calls AFP deal with China-backed telco a ‘Trojan Horse’
“Trojan Horse.” That’s what opposition senator Leila De Lima on Friday, September 20, called the signed agreement between the Armed Forces of the Philippines (AFP) and China-led Mislatel Consortium, now…
Drowning in debt? Your choices determine your destiny
ARE you always worried about not having enough money for yourself and your family no matter how hard you work? Do you live paycheck to paycheck with no savings? Is…
LA’s Historic Filipinotown dubbed one of the ‘coolest’ neighborhoods in the world
Time Out magazine highlights Filipino cuisine option in one of LA’s up-and-coming areas In the last two decades, Angelenos have lamented gentrification’s impact on the erasure of the historic local…
Fil-Am chambers of commerce meet with Ambassador Romualdez during SoCal visit
THE Coalition filipino American Chambers of Commerce (COFACC) welcomed Philippine Ambassador to the United States, H.E. Jose Manuel “Babe” Romualdez, during an exclusive luncheon at the Diamond Bar Golf Club last…
Contractor or employee: Why is it a big deal?
RON Carter worked for XPO Last Mile, Inc. (“XPO”) as a delivery driver. XPO provides delivery services to retail merchants like Home Depot, Lowe’s, and Macy’s. These companies contract with…
Warren Buffett predicted fall of Sears 14 years ago
THE end of Sears, Roebuck & Co. predicted by Warren Buffett 14 years ago. I personally find it ironic that the iconic retailer that started mail order catalog was displaced…
Seniors need relief from big HELOC & $40K credit cards
The clients are 63 and 64. They are young seniors. Up to 65, you are a young senior in my book. You can get senior discounts at Golden Corral for…
As McDonald’s delivery business builds global momentum, the company hosts third annual McDelivery event across 50 countries and six continents
Global ‘McDelivery Night In’ includes ‘Staying In’ clothing line dropping Sept. 19 Chicago — McDonald’s now delivers to more than one million customers around the world every day. To honor…
DND concerned about AFP deal with China-backed telco
The Department of National Defense (DND) on Monday, September 16, said it has a concern over the agreement between the Armed Forces of the Philippines (AFP) and Chinese-linked telco firm…
Warren Buffett’s lessons for ordinary investors
LET’S learn a few things from the greatest investor of all time – Warren Buffett. It’s OK If You Don’t Know Much About Investing. Most investors do not have business…
What’s the difference between Chapter 7 and Chapter 13 bankruptcy?
CHAPTER 7 is called the fresh start because it wipes out all dischargeable debt while allowing the debtor to keep most, if not all, of his assets. Meanwhile, Chapter 13…
Sex harassment creates a hostile work environment
CHASTITY Jones, is a 42-year-old single mother, who worked as a sales accountant Hologram USA and FilmOn.TV, companies owned by billionaire Alkiviades David. FilmOn.TV Networks is an online television service…
House OKs bill allowing more foreigners to practice profession in PH
THE House of Representatives gave its nod to a bill allowing more foreigners to practice their profession in the country and lowering the direct local hires required of foreign investors….
Investing tips from Warren Buffett
Lesson No. 1: Be Frugal Warren Buffett is a multi-billionaire; yet, he lives simply. He still lives in the same modest house in Omaha, Nebraska that he bought 50 years…
Sex harassment creates a hostile work environment
CHASTITY Jones, is a 42-year-old single mother, who worked as a sales accountant Hologram USA and FilmOn.TV, companies owned by billionaire Alkiviades David. FilmOn.TV Networks is an online television service…
What does a ‘fresh start’ after bankruptcy mean?
LET’S give bankruptcy a historical and legal perspective. Right now, when we say bankruptcy law, we refer to the federal law called the “Bankruptcy Code” of 2005. Creditors did a…
In conversation: Philippine Trade Commissioner Eric Elnar on why Fil-Ams should invest in the Philippines
IN recent years, studies have shown that the Philippines continues to be an emerging market for economic growth. It is also considered as one of the most dynamic economies in…
DOT, Jollibee launch tourism campaign
The Department of Tourism (DOT), in partnership with Filipino fast food chain Jollibee, launched the “Eats More Fun in the Philippines” campaign over the weekend in a bid to take…
