Archive for April, 2016

PREPA will need 2 more weeks to complete rate case
April 27, 2016, No Comments

The Puerto Rico Electric Power Authority has asked creditors for a two-week extension through May 13 to file its rate ca ...

Justice to testify on cybercrimes before Senate today
April 27, 2016, No Comments

The Puerto Rico Justice Department’s CyberCrime Division will testify before the Senate on Internet sales and the prot ...

Expedia launches direct communication tool for hoteliers
April 27, 2016, No Comments

The Expedia group, one of the world’s leading travel companies, has begun its rollout of Expedia PartnerCentral (EPC) ...

First BanCorp. garners $23.3M in 1st quarter net income
April 26, 2016, No Comments

First BanCorp., the parent company for FirstBank Puerto Rico, reported Monday net income of $23.3 million for the first ...

Popular Inc. reports $85M in net income in 1Q16
April 26, 2016, No Comments

Encouraged by the progress shown by its U.S. mainland operation and by the strength of its Puerto Rico franchise, Popula ...

Moody’s: P.R. will default ‘with or without’ federal action
April 25, 2016, No Comments

The government of Puerto Rico will default on several debt payments due May 2, including $422 million due from the Gover ...

Local bondholders demand voice in restructuring talks
April 25, 2016, No Comments

Individual Puerto Rico bondholders announced the creation of Backyard Bondholders seeking to have a unified voice in the ...

Puerto Rico Restaurant Week returns June 1-11
April 25, 2016, No Comments

The 5th edition of “Puerto Rico Restaurant Week” will take place June 1-11, when premier restaurants will offer spec ...

The new 2,500 square-foot service center will offer a full line-up of high-performance tires for cars and trucks. (Credit: PRNewsFoto/Bridgestone Latinoamerica Norte)
1st Bridgestone Store service center opens in P.R. in June
April 25, 2016, No Comments

Bridgestone North Latin America, through its subsidiary Bridgestone Costa Rica, announced the upcoming opening of the fi ...

Trade groups ask Legislature to hold off on labor bills
April 22, 2016, No Comments

Looking to avoid further increases in operating costs that prevent the island’s productive sector from contributing to ...