October 9, 2018
HB Business News: The Great
Pacific Airshow
The HB Business News runs every Tuesday in the Chamber Preview and is posted to the Chamber's Facebook and Twitter pages. All videos are produced by Matt Liffreing, Marketworks Video.

News
The U.S. Department of Labor's September jobs report shows jobs rose by 134,000, resulting in unemployment falling to 3.7% of the working population. That’s the lowest percentage in 49 years. U.S. job growth, meanwhile, slowed, with analysts stating this was likely caused by Hurricane Florence’s effect on restaurant and retail businesses, and hotels, which saw employment numbers fall by 17,000. Approximately 120,000 jobs need to be created every month to keep up with the growth in the working-age population. Source: BLS  

The Department of Treasury is expected to release guidance explaining that companies still are allowed to deduct 50 percent of most client meal costs under the Tax Cuts and Jobs Act. However, costs for client entertainment like sporting events, which were also 50 percent deductible before TCJA, can no longer can be deducted. The end of the entertainment deduction may cause companies to lean more toward meals when interacting with existing clients or trying to woo new ones. Smaller companies, for whom tax deductions may make more difference to the bottom line, are especially likely to be affected. Source: BTN  

Uber will commit $10 million over three years to support eco-friendly causes in the cities in which it operates, including $1 million to promote congestion pricing in New York City. It will donate $250,000 to a nonprofit data-sharing project between tech companies and cities. And it will begin installing charging stations for electric bike-sharing in Sacramento, with the goal of expanding to other cities as well. The money will largely be used to lobby in favor of the goals outlined in a recent shared mobility report ( here ). 
Register for the State of Huntington Beach, featuring a detailed city update from Mayor Mike Posey
October Events & Programs
AM Connect Networking Breakfast
Join us for our monthly membership breakfast at  Golden West College Criminal Justice Training Center . AES will provide an update on their project, and a brief city update will come from City Treasurer Alisa Cutchen. Everyone in attendance receives breakfast, a 20-second introduction, a place for marketing materials and an opportunity to network. Don't forget to represent your company by bringing a door prize you can raffle off! All attendees are entered to win the raffle prizes brought in by other business representatives.

State of Huntington Beach
We cordially invite you to the State of Huntington Beach, held on Monday, Oct. 22 at Golden West College. Hear from Mayor Mike Posey, Visit Huntington Beach President & CEO Kelly Miller, and other city representatives and community leaders as they share recent accomplishments and provide an overview of opportunities and visions for our community in the year ahead.


B2B Networking Luncheon
Join us for our monthly networking luncheon, this month hosted by  Cucina Alessa Restaurants ! Featuring a presentation and discussion by OC Taxpayers Association President & CEO Carolyn Cavecche. Every ticket includes lunch, a 20-second introductory commercial and entry into the door prize raffle. Register on our website by clicking on the link or call (714) 536-8888.



Ribbon Cutting - Celebrating New Ownership at The Cure Kitchen & Bar
Join us for The Cure Kitchen & Bar's ribbon cutting celebrating new ownership! The Cure Kitchen & Bar is the newest addition to the burgeoning Orange County Restaurant & Bar scene. Featuring local craft beers, seasonal, market-driven menu, utilizing the freshest, highest quality ingredients for our community to enjoy. 
Member Events
Huntington Beach Chamber of Commerce | (714) 536-8888 | (714) 960-7654