IEEFA: Oversight Board warns Puerto Rico bonds could be worthless
February 7, 2024
In July 2017, the Oversight Board rejected a debt agreement for PREPA, explaining that the deal was not in the best interests of Puerto Rico. #NewsismyBusiness
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Toyota de Puerto Rico predicts 2024 sales growth, new products
February 7, 2024
Lexus achieved the best year in its history, placing second in the luxury segment. #NewsismyBusiness
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Industry Insight: Treasury Dept. unveils 2024 limits on qualified retirement plans
February 7, 2024
Employers in Puerto Rico should be aware of these developments and should contact knowledgeable counsel with any questions. #NewsismyBusiness
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Puerto Rico gets $3M allocation to continue fighting climate change
February 7, 2024
The funds are allocated to two federal agencies responsible for developing the local projects. #NewsismyBusiness
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U.S. Labor Dept., Puerto Rico comptroller sign info-sharing MOU
February 7, 2024
The agreement is effective until Nov. 23, 2028. #NewsismyBusiness
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3 co.’s join Science Trust investment portfolio with $100K in seed capital
February 6, 2024
Local companies Konti, Libros787 and PRoduce received a total of $100,000 in seed capital thanks to the Xpand program led by parallel18. #NewsismyBusiness
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RUM, Engine-4 join to promote youth interest in STEAM branches
February 6, 2024
The collaboration stems from the need to train more scientists, which is why Engine-4 will coordinate training sessions. #NewsismyBusiness
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Salinas to rehab golf course in Aguirre through $550K investment
February 6, 2024
The project should be completed in six months. #NewsismyBusiness
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Taste of Rum festival returns to San Juan March 9th
February 6, 2024
The event is celebrating its 14th annual edition. #NewsismyBusiness
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Centro CRECE hosts photo contest for Puerto Rico high school, college students
February 6, 2024
Participants will explore entrepreneurship in Puerto Rico, and can win prizes and publicly exhibit their photographs. #NewsismyBusiness
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CVS Pharmacy to sell 22 Puerto Rico stores, exiting market
February 5, 2024
The agreement with Caribe Pharmacy Holdings, the parent company of Farmacias Caridad. is expected to close in April. #NewsismyBusiness
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Modern Aviation buys Puerto Rico FBO at Isla Grande airport
February 5, 2024
The financial terms of the transaction were not disclosed. #NewsismyBusiness
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Executives named in Puerto Rico health care, retail industries
February 5, 2024
This edition of Climbing the Corporate Ladder features notable appointments at Triple-S Management as well as Plaza Las Américas and Plaza del Caribe. #NewsismyBusiness
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Legal Aid Society of Puerto Rico opens community reentry program
February 5, 2024
The program offers free legal services to indigent people looking to clear their criminal record and obtain a certificate of good standing. #NewsismyBusiness
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COC PR-502 gets $16M HUD allocation to help Puerto Rico’s homeless
February 2, 2024
The funding will cover the operations of 37 homeless programs in northern Puerto Rico. #NewsismyBusiness
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