AT&T invests $40M in Puerto Rico in 1st half of ’13
August 9, 2013
During the first half of 2013, AT&T has invested more than $40 million in its wireless and wired networks in Puerto Rico, to complete the deployment of new macro cell sites and capacity enhancements across the island as part of its Project Velocity IP initiative — a three-year investment plan announced last fall to expand and enhance its IP broadband networks.
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EPA seeks comment on $3M Scorpio Recycling cleanup
August 9, 2013
The U.S. Environmental Protection Agency has proposed a $3 million cleanup plan to address contaminated soil at the Scorpio Recycling Superfund site in Toa Baja, for which it will hold a public meeting to discuss its proposal and garner public opinion. SRI was a metal recycling company that operated from 1972 until 2010 in a […]
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Caguas Fuddruckers takes chain’s 1st ‘Certified Training Designation’
August 9, 2013
Texas-born fast casual chain Fuddruckers announced Thursday it has bestowed the company’s first Certified Training Designation distinction to the Caguas location, led by franchisee Max Olivera, and vice president of Áperations, Carlos Alvarez, of Puerto Rico-based Caribbean Investment Group Corp., which operates five restaurants throughout the island in addition to two other locations.
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Dispute boils over to split Bebo’s Cafe into Basilia’s
August 8, 2013
A dispute involving money and the terms of a lease has unraveled a long-standing business partnership in San Juan's food industry and in its aftermath, a popular restaurant will split into two distinct eateries separated, as Berlin once was, by a wall.
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Puerto Rico Power Authority closes $673.1M bond issue
August 8, 2013
On its first trip to the market in over a year, the Puerto Rico Electric Power Authority completed a $673.1 million municipal bond deal.
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Treasury still reviewing 7% of tax returns with refunds
August 8, 2013
Puerto Rico Treasury Department officials confirmed Wednesday that the agency is still reviewing 7 percent of all tax returns claiming a refund.
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Firm to foster franchising in Puerto Rico
August 8, 2013
Franchising is a job booster in Puerto Rico and a local firm is planning to expand its training program to four different venues islandwide this month in a move to foster this type of entrepreneurship, News is my Business has learned.
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JetBlue announces ‘Bags VIP’ luggage delivery service
August 8, 2013
JetBlue Airways announced Wednesday the start of Bags VIP, a new concierge service option, provided in partnership with Bags, Inc. offering hand-delivery of a customer's checked luggage from the arrival airport to any doorstep at their destination for a fee. The option is available seven days a week, including holidays.
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Banco Popular Foundation rewards academic excellence
August 8, 2013
Banco Popular Foundation celebrated the academic excellence and commitment to education of about 100 Puerto Rican students through its Rafael Carrión, Jr. Excellence Awards ceremony held this week.
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Condado Plaza rebranding pulls it out of ‘luxury’ category
August 7, 2013
The announcement by Hilton Hotels & Resorts that San Juan’s iconic Condado Plaza hotel would no longer fly the Conrad flag — adopting the Hilton name instead — represents a brand shift for the property that may not be as business-as-usual as it seems.
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USDA grants $750K to Puerto Rico for jobs, opens energy grant cycle
August 7, 2013
Puerto Rico is getting $750,000 in funding to create jobs and boost economic development from the U.S. Department of Agriculture, the agency announced Tuesday.
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EVERTEC, VCE partner to launch new tech infrastructure
August 7, 2013
EVERTEC Group LLC and Virtual Computing Environment announced Tuesday the introduction of the VBlock, a technological platform that provides all the necessary components to facilitate the virtualization of company’s data center, minimize risks, as well as the complexity and the implementation time of new projects.
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Walmart to buy pineapples from Puerto Rico producer
August 7, 2013
Walmart Puerto Rico has reached an agreement with agribusiness Gargiulo Farms in Santa Isabel, to buy more than 9,000 pounds of pineapples weekly, “reaffirming its commitment to the island’s economic and the creation of jobs,” said Viviana Mercado, corporate affairs representative for the retailer.
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Claro Puerto Rico launches campaign to fight HIV
August 7, 2013
Wireless carrier Claro Puerto Rico announced Tuesday the start of its (Claro)RED 2013 with the objective of further promoting the fight against AIDS and to achieve that by 2015, there are no children born with HIV.
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Fortuño named to Media Group of America board
August 6, 2013
Former Puerto Rico Gov. Luis Fortuño has been named to Media Group of America, LLC’s board of directors, for a two-year term, the company announced Tuesday.
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