First BanCorp., the bank holding company for FirstBank Puerto Rico, reported net income of $167.4 million, or $0.76 per diluted share for the year ended Dec. 31, 2019, vs $201.6 million, or $0.92 per diluted share for the year ended Dec. 31, 2018. The drop was attributed a one-time $63 million benefit last year, which […]
The Federal Emergency Management Agency and the Central Office for Recovery, Reconstruction and Resilience, or COR3, have obligated more than $50.5 million in additional funds for 63 projects related to the recovery and reconstruction of Puerto Rico. These funds were obligated between Jan. 17-23. “FEMA and COR3 continue to work together to develop strategies that […]
By Julia A. FernándezSpecial to News is my Business Businesses had little interest in adopting Voice over Internet Protocol (VoIP) when it was introduced in the mid-1990s. This is because mobile phones were entering the market, while the internet which enabled VoIP was slow and unreliable. However, the technology improved significantly over the years and […]
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