Should you consider filing for bankruptcy?
“The law says that bankruptcy is nothing more than a fresh financial start when you are no longer in a position to help yourself.” A LOT of people who are…
Category: Business
Covering the week’s most noteworthy business news impacting the Filipino-American and Global Filipino community.
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Exchange-Traded Funds (ETF)
Exchange-Traded Funds versus Mutual Funds Part 1 of 2 YOU have two options to diversify your stock portfolio: exchange-traded funds (ETFs) and mutual funds. Both involve pooling money that becomes…
Chapter 13 client with house default dies. What happens next?
THERE’S a time to be born and a time to die, a time to plant and a time to harvest. There’s a time for everything. So states Ecclesiastes 3: “For…
Thinking of filing a discrimination or retaliation claim? Here are the new deadlines
Q: AFTER I came back from a two-month medical leave, my employer told me that my position was eliminated. However, I heard from a former coworker that the employer hired…
Gov. Newsom signs arbitration bill giving California’s workers, consumers a big win
SACRAMENTO – Delivering a big victory for California workers and consumers, Governor Gavin Newsom on Sunday, October 13, signed SB 707, jointly authored by Senator Bob Wieckowski (D-Fremont) and Senate…
Major credit agency upgrades California’s credit rating
SACRAMENTO – Recognizing California’s decisions to build the state’s fiscal reserves and pay down long-term liabilities, as well as continued economic growth, a major credit agency – Moody’s Investors Service…
Mayor Garcetti launches ‘LA MADE 4.0’ to increase upskilling in LA manufacturing and create new career paths for Angelenos
By 2022, the initiative will retrain 3,000 workers and develop 500 manufacturing pre-apprenticeships and apprenticeships LOS ANGELES — On Tuesday, October 15, Mayor Eric Garcetti announced LA MADE 4.0 —…
Historic Dot Property Philippines Awards 2019 celebrates country’s best developers
MAKATI, Philippines – The third annual Dot Property Philippines Awards 2019 was the biggest, grandest and most exciting in the program’s history with an exclusive presentation ceremony and the awarding…
Three types of Exchange-Traded Funds (ETF)
EXCHANGE-Traded Funds (ETFs) are created from the concept of pooled fund investing. ETFs buy a basket of securities for a pool of investors. These baskets offer benefits of a diversified portfolio….
Jollibee named corporation of the year by LA Asian biz group
Filipino fast-food giant Jollibee Foods Corporation (JFC) was honored as corporation of the year by the Los Angeles Asian Business Association on Thursday, October 10. JFC, with its flagship brand…
Does your fancy job title make you work long hours without overtime pay?
DARREN Stemple worked as a “Business Development Representative” for RingCentral, Inc., a company which sells cloud-based telecommunications systems such as video and audio conferencing, and business app integration software. Its…
Debt problems: You can’t change the past, only the future
ARE you currently struggling with debt problems and don’t know what to do? To most people, finding themselves in that situation is pretty scary. They constantly worry about their finances…
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…
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…
