EVERTEC Inc. and Red ATH, which run the island’s ATMs, announced Tuesday the launching of “ATH Móvil,” a service that enables electronic money transfers between individuals and accounts held by different banking institutions, through mobile phones.
Two executives who own the Bora Bora and Flamers retail establishments are facing 36 counts of tax evasion and illegal appropriation of public funds for failing to remit more than $1.2 million in sales and use tax money collected between 2009 and 2012, according to the findings of a joint investigation by the Puerto Rico Justice and Treasury Departments.
Puerto Rican sister companies Apple Caribe Inc. and Famous Caribe Inc., operators of the Applebee’s and Famous Dave’s chains, respectively, will create a total of 460 full-time jobs supported by the incentives provided through the Jobs Now Act passed by the current administration a year ago.
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