4th, 8th grade students in Puerto Rico fall short in math
March 13, 2015
Many of Puerto Rico's fourth- and eighth-grade public school students are falling short in mathematics achievement, according to “The Nation's Report Card: 2013 Mathematics Assessment in Puerto Rico.”
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Puerto Rico on Priceline’s list of top Spring Break spots
March 13, 2015
Puerto Rico has landed the 34th spot among the 50 most popular Spring Break destinations chosen by stateside college students, based on advance hotel reservations for March.
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Doral Financial Corp. files for Ch. 11 bankruptcy
March 12, 2015
Less than two weeks after the Federal Deposit Insurance Corp. ordered the closing of its banking arm, Doral Financial Corp. announced Wednesday that it has filed for chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Southern District of New York.
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The Mall of San Juan tenant list continues to grow
March 12, 2015
With two weeks left before it opens on Mar. 26, more retailers have confirmed their intentions to set up shop at the The Mall of San Juan, some of which will be making their local debuts.
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Systemax Inc. to close 31 Tiger Direct stores, 1 in P.R.
March 12, 2015
Systemax Inc., parent company of Tiger Direct technology and computer goods retailer, announced Wednesday it will be closing 31 of its 34 stores to focus on other revenue channels, leaving just one surviving location in Puerto Rico.
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Horizon Lines sells Puerto Rico terminal assets upon exit
March 12, 2015
Maritime shipping company Horizon Lines, Inc. announced Wednesday it has sold certain container terminal assets at the San Juan port to Luis Ayala Colon Sucrs, as well as reassigning its lease with the Puerto Rico Ports Authority effective immediately.
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Toyota Mirai raises bar in hydrogen innovation
March 12, 2015
Business magazine “Fast Company” included Toyota on its list of the 50 most innovative companies in the world, based mainly on the launch of the Toyota Mirai, the first fuel cell vehicle to be manufactured on a mass-market basis.
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Oriental’s People Pay fuels online, mobile banking use
March 12, 2015
Oriental Bank on Wednesday said online banking usage is up by 60 percent, while mobile banking traffic has increased by 338 percent less than a year after launching its People Pay platform, exceeding initial expectations.
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United Airlines relocates counters at LMM Airport
March 12, 2015
United Airlines announced Wednesday the relocation of its check-in and service counters at the Luis Muñoz Marín International Airport in Carolina.
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Ciudadela begins construction of $108M 3rd phase
March 11, 2015
With a $108 million investment, Nicholas Prouty, managing partner of Putnam Bridge, announced Tuesday the beginning of construction of Ciudadela’s third phase, which will include five towers, commercial spaces and private amenities for residents.
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Caribbean Produce Exchange signs $800K expansion
March 11, 2015
Caribbean Produce Exchange, a distributor of fruit, vegetables and eggs in Puerto Rico, recently signed an agreement with Puerto Rico Trade and Export to pave the way for an $800,000 expansion of its storage and distributions facility.
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Radiant Logistics opens Airgroup Network office in P.R.
March 11, 2015
Radiant Logistics Inc., a domestic and international logistics services company, announced this week the further expansion of its Airgroup network with a new office opening in San Juan.
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UPR to get free access to Microsoft Office 365 Pro Plus
March 11, 2015
In an effort to help prepare college students with the skills needed to succeed in the 21st century, Microsoft Puerto Rico, in collaboration with the University of Puerto Rico, announced Tuesday the launch of "Student Advantage," a program through which 107,500 UPR students, teachers and non-teaching staff of the system will have access to the Office 365 platform for education, free of charge.
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Verdanza Hotel now Preferred Hotels & Resorts member
March 11, 2015
Verdanza Hotel in Isla Verde, member of the Preferred Hotel Group, a collection of independent hotels worldwide, has completed its transition to the “lifestyle collection” of the new Preferred Hotels & Resorts brand.
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U.S. gov’t, Total Petroleum reach $1.6M settlement
March 10, 2015
Total Petroleum Puerto Rico Corp. and the U.S. government announced a settlement agreement Monday related to alleged company violations against the Resource Conservation Recovery Act at 31 gas stations in Puerto Rico and four in the U.S. Virgin Islands.
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