British Airways made its return to Puerto Rico after an 11-year absence with an inaugural flight that carried 280 passengers into Luis Muñoz Marín Airport in Carolina on Monday and once again joined the two islands.
Local women entrepreneurs were the focus of the government’s attention Monday, when Gov. Luis Fortuño met with a small group to “acknowledge the vital role they play in boosting our economy.”
For the fourth time in the past five years, Banco Santander Puerto Rico has landed a spot on the list of “Best Emerging Market Banks in Latin America,” a ranking published by the editors of Global Finance magazine that includes 23 countries in Central and South America and the Caribbean.
Arcos Dorados Holdings Inc., parent company of Puerto Rico’s McDonald’s restaurant chain, announced Friday its planned debut as a public company on Wall Street with an initial public offering of nearly 62.5 million Class A shares to be listed on the New York Stock Exchange.
With just three months left before the government’s housing incentives program comes to an end, Housing Finance Authority Executive Director George Joyner urged consumers looking to buy a property to avoid waiting until the last minute.
Miami-based United Americas Shipping Services Inc. asked the federal government Wednesday to allow ferry service to Cuba to compete freely with air carriers in transporting U.S. travelers to the communist island nation.
The International Federation of Library Associations and Institutions, or IFLA, will be holding its 77th annual convention in San Juan, Aug. 13-18, an event that is expected to draw thousands of participants and represent an economic boost to the island estimated at $6 million.
Playa Esperanza in Vieques Hoteliers and small-inn owners in Vieques — who have seen their occupancy rates drop by 14 percent during the first eight months of the current fiscal year — are being offered the chance to participate in a two-day training workshop that the Puerto Rico Tourism Company has scheduled to promote sustainable […]
Ports Executive Director Alberto Escudero (Credit: © Mauricio Pascual) Maritime shippers will begin paying a new “enhanced security fee” over cargo brought into the San Juan port starting next week, which Ports Authority Executive Director Alberto Escudero defended Wednesday, amidst criticism and concern from local trade organizations and politicians. During his first press conference since […]
The U.S. Small Business Administration has selected pharmacist Mariely Díaz, president and CEO of Optima Fusion Pharmacy Inc. in Dorado, as Puerto Rico’s Small Business Person of the Year, the agency announced Tuesday. She, along with winners from across the 50 United States, the District of Columbia, the U.S. Virgin Islands and Guam, will be […]
Three Latin American countries — Argentina, Brazil and Paraguay — are among five nations that recently threw their support behind livestock cloning as one of many agricultural technologies that can help meet the world’s growing demand for sustainable food production.
Morton’s The Steakhouse in San Juan Chicago-based Morton’s Restaurant Group Inc., parent company of Morton’s The Steakhouse, an upscale eatery that has called the Caribe Hilton hotel its home for the past decade, may be seeking a buyer. The restaurant operator announced last week it is exploring “strategic options,” for its 77 steakhouse restaurant chain […]
FirstBank Puerto Rico recently won a foreclosure case worth $83.1 million related to an upscale residential development project located at the heart of Coral Gables, the South Florida Business Journal reported.
October 2004 — The former Cingular Wireless, a joint venture of SBC Communications and BellSouth, completed a $41 billion merger with AT&T Wireless Services Inc., formerly part of AT&T Corp. But the changes did not stop there. In December 2006, Cingular became wholly owned by the new AT&T as a result of the latter’s acquisition […]
Wireless telecom giant AT&T disclosed plans Sunday to acquire competitor T-Mobile USA for a cash and stock transaction worth $39 billion from its parent, Deutsche Telekom. In Puerto Rico, the deal would represent the marriage of the number one and number three wirele ss carriers, the reduction of the number of players to four, and […]
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