SBA looking to stimulate R&D activity in Puerto Rico
September 11, 2013
For years, Puerto Rico has had a long-standing reputation for being a mecca for manufacturing and production for major companies who flock to this Caribbean island in search of talented workers and tax benefits.
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Carrión to remain Popular CEO, Chair after IOC election
September 11, 2013
Popular Inc. announced Tuesday that Richard Carrión will continue as CEO and Chairman of the financial institution after participating as a candidate for president of the International Olympic Committee (IOC).
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J&J donates $500K to 11 organizations in Puerto Rico
September 11, 2013
Johnson & Johnson recently donated $500,000 to 11 organizations that primarily support maternal and youth preventative health programs in Puerto Rico as part of its “Partnership Program for Our Well-Being,” which is now in its 24th year in Puerto Rico.
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Univ. Central del Caribe lands $4.2M for research
September 11, 2013
The Universidad Central del Caribe was recently selected to receive a grant from the National Institute of Health for its Specialized Neuroscience Research Program of $1.4 million for each of the next three years, with the possibility of extending the financial assistance to five years, the school announced this week.
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Mayagüez professor among STAR Awards recipients
September 11, 2013
Prof. Nelson Cardona, of the University of Puerto Rico in Mayagüez nabbed the “Educator of the Year, Higher Ed” award from the Society of Hispanic Professional Engineers, which through its STAR Awards seeks to recognize key contributors in the Hispanic community in the fields of science, technology, math and engineering (STEM).
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8th edition of ‘Tour de Cure’ slated for Sept. 14-15
September 11, 2013
The 8th edition of the “Tour de Cure” event is slated to take place this weekend, Sept. 14-15, in Aguadilla, on the grounds of LifeScan Products LLC (LifeScan), a member of the Johnson & Johnson Family of Diabetes Solutions Companies, to raise funds for the American Diabetes Association.
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PRHTA unveils ‘PUR Puerto Rico’ rewards program
September 10, 2013
The Puerto Rico Hotel & Tourism Association unveiled Monday details of a strategic alliance with local and international businesses that seeks to strengthen the island’s lure as a destination, to be known as “PUR Puerto Rico.”
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Oriental Bank CEO to head Bankers Association
September 10, 2013
Oriental Bank President José Rafael Fernández will be chairing the Puerto Rico Bankers Association starting this month, something he described Monday as “a true challenge, but a great opportunity.”
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Economist: Puerto Rico’s labor market at crossroads
September 10, 2013
Puerto Rico’s labor market is at a crossroad, with thousands of productive workers fleeing to the U.S. mainland in search of professional opportunities that may not be available locally.
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Op-Ed: EPA Brownfields Program’s role in redevelopment
September 10, 2013
EPA’s Brownfields Program was created in 1995 and it assists states, municipalities, communities, and other stakeholders (including nonprofit and private sector) to asses and redevelop abandoned or contaminated properties and redevelop them in a sustainable way.
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EVERTEC announces sale of 20M shares
September 10, 2013
EVERTEC Inc. announced Monday the start of an underwritten public offering of 20 million shares of its common stock by an affiliate of Apollo Global Management, LLC, Popular, Inc., and certain officers and current and former company employees.
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Planet Fitness opens 3rd location in Bayamón Oeste
September 10, 2013
Health club franchise Planet Fitness recently opened a new location in Bayamón Oeste, marking the third location in Puerto Rico.
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LongHorn opens 1st restaurant in Ponce
September 10, 2013
The LongHorn Steakhouse chain announced Monday the opening of its first and largest restaurant in Puerto Rico, located in Plaza del Caribe in Ponce.
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Normandie hotel sold to Texas co., could reopen by ’15
September 9, 2013
The purchase of the long-shuttered Normandie Hotel by the Texas-based Interra Capital Group represents the company's first hotel property acquisition, said an executive close to the transaction.
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After 5-yr hiatus, Indulac selling white cheese again
September 9, 2013
Following a five-year absence from the local market, Industrias Lecheras de Puerto Rico will again sell its traditional white cheese in more than 3,000 establishments, including supermarkets, gas stations and grocery stores, Larry Lugo-Cruz, president of the company known as Indulac said.
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