JetBlue consolidates service in 5 U.S. airports to reduce ‘excess flying’ for 8 weeks
April 9, 2020
JetBlue announced it will temporarily consolidate operations in five major metropolitan areas in the U.S between April 15 and June 10. The revised schedules are aimed at reducing excess flying during a time of unprecedented low demand for air travel while maintaining a critical level of service across the airline’s network for those who absolutely […]
chat_bubble0 Comment
visibility1506 Views
USDA expands servicing options for guaranteed lenders
April 9, 2020
USDA Rural Development Deputy Under Secretary Bette Brand announced that the agency is expanding servicing options for guaranteed lenders due to the COVID-19 pandemic. USDA is expanding upon the deferral flexibilities it announced Mar. 31, 2020, indicating that guaranteed lenders may also approve and make covered loans under the provisions of Section 1102 of the […]
chat_bubble0 Comment
visibility1980 Views
Puerto Rico’s economy will take a $4.8B hit from COVID-19 this year
April 8, 2020
Puerto Rico’s economy will experience a net direct impact of some $4.8 billion through the end of 2020 as a result of the measures taken to fight the spread of the COVID-19 virus — which could have been as high as $8.2 billion, had the blow not been softened by local and federal relief packages. […]
chat_bubble0 Comment
visibility1781 Views
Puerto Rico governor’s office assigned $2.5M in FEMA recovery funding
April 8, 2020
The Federal Emergency Management Agency announced the obligation of an additional $11.4 million in funds for 97 post-Hurricane María recovery and reconstruction projects in Puerto Rico. That amount includes nearly $2.5 million assigned to the Office of the Governor at La Fortaleza in Old San Juan for a number of repairs to the building’s third […]
chat_bubble0 Comment
visibility2337 Views
Puerto Rico Farm Credit to help farmers handle COVID-19 emergency
April 8, 2020
Puerto Rico Farm Credit confirmed it will be offering local farmers affected by the COVID-19 emergency options to get financial assistance available through the U.S. Small Business Administration’s Paycheck Protection Program. The SBA has selected a number of financial institutions in Puerto Rico to help the different sectors. The program offers employers a loan to […]
chat_bubble0 Comment
visibility1863 Views
Twins Theory to build free e-commerce platform for 2 small businesses
April 8, 2020
Entrepreneurial brothers Jonathan and Joel Cotto, owners of the technology and marketing company Twins Theory based in San Juan, announced they will be selecting two small businesses to develop their online sales platforms for free. “In this time of crisis that the world is experiencing, we should all think about how we can help those […]
chat_bubble0 Comment
visibility2088 Views
PowerSports to supply personal protection equipment to fight COVID-19
April 8, 2020
Puerto Rican firm PowerSports announced that starting this week it will begin to supply large-scale personal protective equipment and other products related to the COVID-19 emergency, to help meet the needs of the private sector, the health industry and government. “We’ve seen there’s a great need for this type of product for the protection of […]
chat_bubble0 Comment
visibility2166 Views
Puerto Rico-based co.’s band together to help small businesses, nonprofits
April 8, 2020
Startup accelerator Gener8tor, in a collaborative effort with the Titín Foundation and Causa Local, unveiled an initiative to support small local businesses and nonprofits affected by COVID-19. For a week, small business owners, startups, freelancers and nonprofit institutions will be able to access, free of charge, webinars to guide them in identifying opportunities and available […]
chat_bubble0 Comment
visibility1839 Views
Passengers arrive in Puerto Rico from areas of greatest contagion by coronavirus in the U.S.
April 7, 2020
Passenger flow from the areas of largest spread of the virus in the United States has dropped but has not stopped. Those areas also have the highest concentrations of Puerto Rican residing there. That is coupled with the fact that island airports did not take preventive health measures for weeks and tracing people who were […]
chat_bubble4 Comments
visibility2710 Views
New free digital platform helps nonprofits continue to offer social services
April 7, 2020
The quarantine in place to contain the spread of the COVID-19 virus in Puerto Rico has left many community and nonprofit organizations with a limited ability to offer social services — which are essential for the island’s vulnerable populations. To remedy that, Puerto Rican company Propulsa, LLC has created Sociants, a free digital platform that […]
chat_bubble0 Comment
visibility1741 Views
Open Spaces warns over ‘corruption virus’ incubating during emergencies
April 7, 2020
Puerto Rico-based nonprofit Open Spaces warned Monday that the “corruption virus” incubates in emergency situations such as the COVID-19 pandemic and proposed a series of measures to Gov. Wanda Vázquez and Health Secretary Lorenzo González, as recent cases have come to light about shady government purchases or questions about their delivery. In a letter, Open […]
chat_bubble0 Comment
visibility2811 Views
Op-Ed: Learning by shock, the big trick of remote work
April 7, 2020
Suddenly, Zoom meetings are as ubiquitous as your morning coffee. Beyond that, now hanging out with friends staring at your computer, virtual parties, concerts and tours are in our new everyday lives during the COVID-19 pandemic. Suddenly we’re living in a dystopian world that still seems as far-fetched as when we watched movies like “Contagion.” […]
chat_bubble0 Comment
visibility2371 Views
Mapfre Foundation donates $650K in health equipment to Puerto Rico
April 7, 2020
Fundación MAPFRE announced it will donate some $650,000 to Puerto Rico, for the acquisition of respirators, medical equipment and sanitary protection to address the emergency generated by the spread of the coronavirus COVID-19. The money will be used to buy and distribute masks and medical supplies to hospitals and social entities in need, and to […]
chat_bubble0 Comment
visibility1948 Views
Caguas launches small business recovery loan program
April 7, 2020
The Caguas municipal government announced the availability of funds for emergency loans to the town’s small businesses, said Central Eastern Development Bank Executive Director Adrián Muñiz-Mariani. The entity known as BADECO for its initials in Spanish will be responsible for granting commercial emergency loans to city business owners, as part of a series of municipal […]
chat_bubble0 Comment
visibility2005 Views
Puerto Rico Institute of Statistics unveils COVID-19 hospital data system
April 6, 2020
The Puerto Rico Institute of Statistics announced the launch of a daily data collection and consolidation system for hospitals to provide data of suspected and confirmed COVID-19 cases. The system was developed in conjunction with the Health Department and the government’s COVID-19 Medical Task Force, said Institute Executive Director Orville Disdier. Through this system, epidemiologists […]
chat_bubble0 Comment
visibility2503 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA