Covering the week’s most noteworthy business news impacting the Filipino-American and Global Filipino community.
ARE you seriously in debt and don’t know what to do? Individuals who have accumulated excessive debt are often left to ponder whether bankruptcy is their only realistic way to get out of debt. However, they hesitate to do so because of all the negative things they’ve heard about bankruptcy. Sometimes, these people feel that…
THE client is 66. He says he is now old all of a sudden. He migrated here in 2004 so that’s 15 years ago. When he deplaned at LAX, he was just 51 and single. He says he’s been working hard since he arrived, but hasn’t really been able to amass any wealth. He worked…
Flag carrier Philippine Airlines’ landmark investment deal with All Nippon Airways (ANA), Japan’s largest airline group, was finalized this week. ANA Holdings on Thursday, February 28 completed the acquisition of a 9.5-percent stake in the operator of PAL, PAL Holdings disclosed in a stock exchange filing. The deal involved 1.1 billion shares of PAL Holdings,…
Philippine government officials in the education, health and law enforcement sectors urged the public, especially the parents of young children, to keep an eye on their kids’ online activities after accounts of the disturbing Momo challenge made its rounds on social media. The Department of Education (DepEd) encouraged the parents to ensure “open communication lines”…
SO you applied for a job. Your prospective employer may likely do a background check on you. This is true particularly for those applying in sensitive job positions. Some employers will do their investigation in-house. Others may hire an outside company to do background checks. Here are some of the information that can be found…
ARE you in debt and are starting to feel very frustrated with your situation? Do you find yourself always worried and stressed because you don’t have enough money to pay all your bills? Has the idea of filing bankruptcy crossed your mind but you just don’t know enough about it to know whether or not…
Old law: Under old rules, you were able deduct interest on $1 million ($500K for married filing separately) of mortgage debt used to acquire your principal residence and a second home (acquisition debt). You were also able to deduct interest on home equity debt. Home equity loan did not have to be used to acquire…
THE client is 65 and a widow. Wanting some male attention, I guess, she posted her picture on the Internet. She looks much younger in the posted picture, which she showed me. She looked like she was 48. But she said that the picture was taken only last year. If her purpose was to get…
The United States-Philippine Society (USPS) has urged American business ventures to invest in the infrastructure sector of the Philippines because of the “strong human infrastructure” that the country can offer. USPS President John Maisto said that despite the Philippines being an economically developing nation, it boasts of having a firm human infrastructure that constitutes sectors…
Technology game changer LG Philippines partnered up with global content provider Netflix in bringing an immersive experience at the Seven Super Rooms, last February 16 at the Shooting Gallery Studios, Makati. To launch its brand new original series, The Umbrella Academy, guests were able to test their wits and be a superhero for a day…
‘MCDONALD’S pranksters’ Jevh Maravilla and Christian Toledo and YouTube star Mike Bow discussed the importance of diversity in marketing at this past weekend’s East Coast Asian American Student Union (ECAASU) Conference in Orlando, the nation’s oldest conference run by-and-for Asian American and Pacific Islander students. First-time sponsor McDonald’s worked with the ECAASU conference team to…
1. Tax rates The Tax Cuts and Jobs Act (Act) reduces tax rates to seven lower tax brackets: 10%, 12%, 22%, 24%, 32%, 35%, and 37%. The top rate was reduced from 39.6% to 37%. The rates applicable to net capital gains and qualified dividends were not changed. Kiddie tax rules were simplified by using…
SENIOR No. 1 and senior No. 2 are in the same boat. They each have car repossession deficiencies of over $100,000, and business credit card debt of $50,000. Just by looking at these figures, you know there’s something not right. At their age, why should they each have several car repo deficiencies of over $100,000?…
SIX attorneys sued their employer, Morrison & Foerster, one of the largest law firms in the country, claiming that their employer discriminated against them by holding them back in their careers after they became pregnant. They sued on behalf of themselves and other female attorneys at the firm. The employees allege that those who took…
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 and wonder whether they will ever be able to get out of the financial mess that is causing them a lot of stress. But what…
A Senior Care Home is also known as board and care, residential care facility for the elderly (RCFE) and assisted living facility. It is a place where non-medical care is provided to residents 60 years old and over, assisting them with their activities of daily living (ADL). As a consultant, the most frequent question asked…
KOURTNEY Liggins worked as an eighth-grade teacher for 5 years at the Transfiguration School, a religious-run school in Los Angeles. Liggins was unmarried and seven months pregnant when her boss told her that her “pregnancy would morally corrupt impressionable teenagers” at the school. Her boss referred to her unborn child as “it” and said that…
Need Chapter 13 to stop foreclosure “ Second, if they can find the right buyer, a motion seeking court permission to sell the house can be filed in the Chapter 13 case.” THE client is 61 and her husband is 60. In my book, they are young seniors. They bought their house in 2006 just…
ADJUSTMENTS to income (referred to as “above the line deductions”) are deductions to arrive at Adjusted Gross Income (AGI). These expenses reduce your income directly without going through itemized deductions. The amount after deducting these expenses is your Adjusted Gross Income. These amounts go straight to your Form 1040 as opposed to itemized deductions on Schedule A. That means…
CES 2019 is a wrap. But, the technology that dazzled throughout the week continues to generate buzz and excitement about the future. See the best-of-the-best from this year’s show.
Philippines also tops most time spent on social media A new report revealed that people in the Philippines spent more time on the internet than any other country in the world in 2018. The annual Digital 2019 report, created by social media platforms and agencies, We Are Social and Hootsuite, found that those in the…
CES 2019 brought the tech world together in Las Vegas to see and experience groundbreaking technology, share ideas, and network. Give your audience a deeper look at the show that is a global stage for innovation.
New tools to help fight problems that plague communities are on display at CES 2019. Digital health is addressing real-world issues like opioid dependence, mental illness, chronic disease and how to serve a rapidly aging population.
Personalized technologies and data customized services help with enhanced decision making, recommendations and automated choices.
At CES 2019, companies are showing off how a connected ecosystem of technology allows for data-enabled decisions to keep infrastructure resilient and solve public problems, creating smarter cities
Resilience technologies are helping countries and municipalities prepare for natural disasters and public emergencies. In more than 5,000 square feet of space at CES 2019, companies are showing innovations to keep people healthy, safe, warm, fed and secure.
Corporate keynotes at CES 2019 include global industry leaders offering their company’s perspective on the future of tech as well as visionary executives and influencers representing an array of viewpoints and visions.
More than 1,200 startups from more than 50 countries are debuting products at CES 2019 in an effort to connect with investors and raise awareness about their capabilities. Eureka Park at CES 2019 is the largest startup event on the planet.
The roadways are changing and becoming safer with self-driving vehicles and tech changes to infrastructure. A more efficient commute can create more productive communities and businesses.
WACKENHUT Corporation, which is now known as G4S Secure Solutions (USA) Inc., is a global security solutions company that employs thousands of private security officers, including some in California. Three former G4S security officers filed a class action lawsuit against the company accusing it of having implemented policies and procedures that resulted in its failure…
