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9/11 survivor Frank Cruz comes home, creates jobs through his dirty ice cream business
By Cristina DC Pastor September 11, 2001 would be a turning point in the life of businessman-banker Frank Cruz, 67. Frank narrowly escaped his workplace at One World Trade Center. Eight minutes after he got out, the World Trade Center came crashing down. “My co-workers and I were going down the stairs of the World […]
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Serial entrepreneur Mita Quiogue: Finding success one business at a time
By Cristina DC Pastor Burnout and boredom, if used perversely, may appear to be a deadly pair. But to Mita Quiogue, these twin states of mind fueled her desire to come to the U.S. in 2008 and set up an eyelashes and anti-aging business in the heart of New York’s shopping district. She had a […]
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Restaurant group hails NYC ban on foam containers effective July 1
The De Blasio Administration has announced that as of July 1, 2015, food service establishments, stores and manufacturers may not possess, sell, or offer for use Expanded Polystyrene (EPS) foam articles or polystyrene loose fill packaging, such as “packing peanuts” in New York City. After consultation with corporations, non-profits, vendors and other stakeholders, the Department […]
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Friends express shock over arrest, bribery charges vs CEO Rudy Quiambao
By Cristina DC Pastor Friends of Rodolfo ‘Rudy’ Quiambao were shocked and saddened by published reports that the quiet and well-respected CEO of Rudell & Associates was recently arrested on bribery charges. Forbes Magazine reported in its June 5 issue that Quiambao, “the owner of an electrical-design company called Rudell & Associates, paid three Con […]
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SO Jannelle!: Fashion is where the heart is
By Jannelle So Hers was a fashion start-up with an initial capital of $200 to buy pieces of fabric. In less than a year, her clothing store has grown to $10,000! Marjorie Carlet Edmonds is now the proud owner of Carlet Edmonds scarves and swimsuit manufacturing company located in Central Valley, an agricultural area where […]
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10 things I’ve learned about crowdfunding…and friendships
By Cristina DC Pastor The first crowdfunding campaign is said to have started in 1885, and the first beneficiary was the Statue of Liberty. At the time, there was no middleman called Kickstarter or Indiegogo, but the same principle applied. The people who were behind the project that would erect the Statue of Liberty – […]
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How Commissioner Maria Torres-Springer champions small businesses
UPDATE: On June 29, 2015, Mayor Bill de Blasio announced he was appointing Small Business Services Commissioner Maria Torres-Springer to head the New York City Economic Development Corporation. Torres-Springer, a former executive vice president and chief of staff at NYCEDC, will be the first woman to lead the semi-private organization, which facilitates development through loans, […]
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OFF THE WALL: Lockheed Martin: An ethical dilemma
By Daniel de la Rosa About two years ago, I invested some money in the tobacco manufacturer Philip Morris. There was some uneasiness at first for ethical reasons, but it was a good entry price, the dividends were robust, and it looked like the share price was going straight north. While cigarette consumption was on […]
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OFF THE WALL: What has the Indiana law got to do with my investments?
By Daniel de la Rosa When Indiana passed its ‘religious freedom’ law, I did not realize it would affect my decision to buy stocks moving forward. The controversial Religious Freedom Restoration Act (RFRA) allowing business owners to deny service to gay individuals on religious grounds was widely criticized. Many parts of the country were up […]