Practical Techie: ’20 Russian hack alerts businesspeople to the frailties of the system
December 22, 2020
The suspected epic cyberattack, or spy operation into the US government apparatus opens our eyes even wider to the vulnerabilities of the internet spectrum. The news reports say American officials suspect a Russian spy agency has carried out what they describe as a “distressing feat of espionage into dozens of state corporations and government agencies.” […]
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CVS to administer COVID-19 vaccines in 7 Puerto Rico nursing homes in ’21
December 22, 2020
CVS Health announced it has begun administering COVID-19 vaccines at more than 40,000 long-term care facilities across the country. On Jan. 4, it will start inoculating residents of seven skilled nursing and assisted living facilities in Puerto Rico, which selected CVS Health as their COVID-19 vaccination partner. CVS Pharmacy teams will administer the first dose […]
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FirstBank donates $900K to 110 Puerto Rico-based nonprofits in ’20
December 22, 2020
FirstBank granted more than $900,000 to 110 nonprofit organizations throughout the island during 2020. As part of that commitment, the financial institution included a special initiative “One with Puerto Rico” over the holiday season through which it donated $150,000 to 30 entities that serve vulnerable communities in the three regions in which it operates: Puerto […]
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PathStone gets $500K Citi Foundation aid to help small businesses
December 22, 2020
The Citi Foundation recently awarded $500,000 in unrestricted funding to nonprofit PathStone Enterprise Center Inc. to support small businesses affected by the earthquakes and the COVID-19 emergency in Puerto Rico. The donation will increase PathStone’s ability to continue to assist a greater number of small and medium-sized businesses through access to capital and technical assistance […]
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FV Bank gets go-ahead from OCIF to provide bitcoin custodial services
December 22, 2020
FV Bank, a global digital bank based in Puerto Rico, announced it has received permission from the Puerto Rico Office of the Commissioner of Financial Institutions to provide custody services for digital assets such as Bitcoin and Ethereum. FV Bank will begin offering custody services seamlessly integrated into its digital banking platform in early 2021, […]
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Duke and Duchess of Sussex to fund World Central Kitchen relief center in Puerto Rico
December 21, 2020
The Duke and Duchess of Sussex — Prince Harry and Megan Markle — will be partnering with World Central Kitchen through their nonprofit Archewell Foundation to fund the construction of four Community Relief Centers throughout the world, including one in Puerto Rico. The couple made the announcement in a statement released Sunday, confirming their nonprofit’s […]
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2 local nonprofits receive grants from philanthropist MacKenzie Scott
December 21, 2020
The United Way of Puerto Rico and the Puerto Rico Food Bank were two of the 384 nonprofits that will split $4.2 billion in charitable giving from philanthropist MacKenzie Scott, co-founder of Amazon and the richest woman in the world. In a post she published late last week, Scott said the economic and health-related losses […]
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University of Puerto Rico unveils website to sell, lease institutional properties
December 21, 2020
Looking to identify new external resources destined for the University of Puerto Rico and to promote the development of the real estate industry, the institution unveiled a new real estate and investments website, a public platform to share information about the properties that the university system has for sale or rent. Since the UPR’s Real […]
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Pepsi-Cola Puerto Rico pumps $7 million into vehicle fleet upgrade
December 21, 2020
Pepsi-Cola Puerto Rico Distributing recently announced that its supply chain is undergoing a series of improvements, including a $7 million modernization of its fleet of vehicles. As part of the initiative, the distributor bought 48 new trucks, labeled with the iconic Pepsi and 7UP brands, to deliver and distribute its products to points of sale […]
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Op-Ed: Is water a common good or a convenience to quote on the stock market?
December 21, 2020
The news story sounded like something out of an apocalyptic science fiction movie or a dystopian novel. At the beginning of December, and in the midst of a global pandemic, water began to trade on the stock exchange in the United States in the commodity futures market. Chicago-based CME Group launched contracts back in September […]
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Hyatt Residence Club Dorado reopens 3 years after hurricanes
December 21, 2020
Following a three-year recovery and rebuilding effort, the Hyatt Residence Club Dorado, Hacienda Del Mar reopened over the weekend. The resort had been closed since Hurricane Irma hit Puerto Rico on Sept. 6, 2017, followed 12 days later by Hurricane María. As owners, members and guests return to the property, they will see renovations that […]
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Mano Amiga program to donate $190K in aid to 17 nonprofits
December 21, 2020
The Mano Amiga Program of Plaza Las Américas and Plaza Del Caribe Foundations announced they will donate $190,000 to 17 Puerto Rico nonprofits, which will directly benefit 14,000 lives affected by the COVID-19 pandemic. “The COVID-19 epidemic has disrupted the way nonprofit organizations offer support to communities in need,” said Jaime Fonalledas-Rubert, chairman of the […]
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Puerto Rico Cocktail Week launches new ‘Cocktail To-Go’ program
December 21, 2020
Looking to find new opportunity during a year of reinvention, Puerto Rico Cocktail Week unveiled its Cocktail To-Go platform through whichit offers the public the opportunity to enjoy their favorite cocktails at home through a “box program” and a cocktail display in alliance with the specialty wine and beverage store The House. The box program […]
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Former Sprint executive ventures into retail with Pisadas de Barcelona
December 21, 2020
Former long-time Sprint executive Yolanda “Yoly” Torres-Cuesta has shifted from telecommunications to retail, with the recent opening of Pisadas de Barcelona, a $35,000 venture into sustainable footwear. The virtual concept features footwear from the Mumka Shoes line for women and children, as well as bags and backpacks. In January 2020, Torres-Cuesta decided to leave the […]
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Solid waste management co. EC Waste to sell 70 excess units
December 21, 2020
Solid waste management and disposal company, EC Waste, announced that as part of its policy of periodic renewal of the vehicle fleet, it has put up for sale some 70 vehicles and equipment classified as surplus. “We renew our fleet periodically to keep our equipment in optimal conditions,” said Jorge Alexis Meléndez, health, safety and […]
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