Study: Financial education key to Puerto Rico ‘millennial’
December 13, 2013
Puerto Rico’s “millennials,” the segment of the population comprising 18 to 30 year-olds, believe that financial education is a very important factor in achieving personal financial stability, a recent MasterCard study on basic financial knowledge revealed.
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Young Subway employees become newest entrepreneurs
December 13, 2013
Focused on making a better future for themselves and their loved ones, a group of Subway employees are today's most recent entrepreneurs thanks to their joint effort to create the "Sandwich Artists with Ambitions" initiative.
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Polytechnic University hosts Honeywell Day
December 13, 2013
The Polytechnic University of Puerto Rico was recenlty chosen to host Honeywell Day, when company representatives from the U.S. mainland and Puerto Rico visited the school and conducted several lectures on engineering and technology, as well as issues related to the needs and opportunities in the industry.
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Fusionworks expands platform to boost medical tourism
December 13, 2013
Following the successful completion of the implementation of sales process and service coordination systems at HIMA San Pablo to enable the hospital group enter the field of medical tourism, technology firm Fusionworks has expanded its own portfolio to assist other hospital groups do the same.
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Bayer CropScience to pay $53K fine in EPA agreement
December 12, 2013
The U.S. Environmental Protection Agency has reached an agreement with Bayer CropScience LP, a company that operates a research facility and nursery in Sabana Grande, to correct violations of federal regulations governing the use of pesticides on farms, the agency announced Thursday.
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Puerto Rico collections up $335M YOY through Nov.
December 12, 2013
Puerto Rico Treasury Secretary Melba Acosta announced Thursday that revenues for the first five months of fiscal year 2014 exceeded collections for the same period of fiscal year 2013 by $335 million, or 12.4 percent.
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Moody’s puts Puerto Rico G.O., other bonds on review
December 12, 2013
Almost exactly a year to the day when Moody’s Investors Service cut Puerto Rico’s credit to Baa3, the New York-based agency placed the island’s general obligation rating on review for downgrade.
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8 yrs. later, construction to resume on Science City
December 12, 2013
Construction will resume on a project announced in October 2007, known as the Science City in Río Piedras, to provide Puerto Rico with the infrastructure to compete globally in the research industry and the development of new cancer treatments, Gov. Alejandro García-Padilla said Wednesday.
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Taco Maker grows to U.S., LatAm; launches new concept
December 12, 2013
The owners of the Taco Maker chain in Puerto Rico are setting their sights on other markets on the U.S. mainland and in Central and Latin America to fuel growth in 2014, when the company also plans to expand on a newly introduced modular restaurant concept they believe is the cornerstone to successfully bucking local economic conditions.
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Starbucks Coffee to open at Gallery Plaza
December 12, 2013
Even as Starbucks Coffee Puerto Rico LLC readies to unveil a new store on Loíza St., it is scouting for prime locations for the new stores planned for 2014 in an investment that could reach $1.5 million, said a company official.
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Banfield Pet Hospital to open 1st branch in San Patricio
December 12, 2013
Portland, Ore.-based Banfield Pet Hospital, considered one of the world’s largest veterinary practices, announced the opening of its first Puerto Rico location, in the San Patricio sector of Guaynabo. The new hospital is located inside PetSmart and will open in February 2014.
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Gov’t assigns $1M for community microenterprise dev.
December 12, 2013
Puerto Rico Trade and Export rolled out an initiative Wednesday to spur community economic development that is split into two programs: a Microenterprise Development Incubator and an Economic Incentive to Community Microenterprises, said agency Executive Director Francisco Chévere.
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New Jewish center to pump $5M into local economy
December 11, 2013
The construction of a Chabad Jewish Center in Isla Verde will inject $5 million into the local economy and create 50 direct and indirect jobs, Gov. Alejandro García-Padilla said Tuesday at the groundbreaking for the project.
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‘Practical Techie:’ Tuning in to web is good for business
December 11, 2013
Good business people should always have an ear to the ground. Figuratively speaking, of course. In our day and information age, entrepreneurs must be tuned in to the Internet and its plethora of digital social platforms. An ear to the web, so to speak.
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Labor law firm Littler expands to Puerto Rico
December 11, 2013
Littler, the world’s largest employment and labor law practice representing management, will combine with Puerto Rican law firm Schuster Aguiló, effective Jan. 1, 2014.
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