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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 […]
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OFF THE WALL: Warren Buffett admits to ‘blunders’ in letter to stockholders
By Daniel de la Rosa On the 50th anniversary of Warren Buffett’s takeover of Berkshire Hathaway, I received a copy of his letter to stockholders. The chairman’s letter is a milestone of sorts – pretty much like opening a gift from Santa on Christmas morning. The wisdom is homespun. Simple. Direct. While everyone hails him […]
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Super Saturday: A money management seminar on Mar. 14
Let’s face it: All of us would like to have more money, or, at least, to be able to manage our money better. In spite of that, though, most of us don’t know where to start with learning how to achieve that. This is why we all need to work on acquiring as much knowledge […]
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‘Saving Your Future:’ An excellent starting point
By Lorie Therese Locara Money. Everyone wants it, but only few know the secret on how to amass it. This is why Warren Buffett is such a celebrity, even if he, as the articles report, prefers to live a low-key lifestyle: People want to know how he got unbelievably rich. People want to emulate him. […]