Triple-S reports $30.9M in net income for 2Q19, stays ‘positive’ on P.R.’s economy
August 12, 2019
Triple-S Management Corp. revealed second quarter results showing a year-over-year net income increase to $30.9 million, or $1.35 per diluted share, versus net loss of $38.7 million, or $1.68 per share, in the prior-year period. It also reported adjusted net income of $25.7 million, or $1.12 per diluted share, versus adjusted net loss of $37.3 […]
chat_bubble0 Comment
visibility1039 Views
T-Mobile 2nd annual ‘Changemaker Challenge’ for young visionaries
August 9, 2019
T-Mobile, the T-Mobile Foundation and nonprofit Ashoka kicked off the second-annual T-Mobile Changemaker Challenge, a nationwide contest to mobilize the next generation of youth who are ready to create positive change in their communities. Through Sept. 26, youth teams can enter the challenge by submitting a project that drives social change in one of three […]
chat_bubble0 Comment
visibility1130 Views
New Fortress Energy, Boys & Girls Club of P.R host back-to-school fair
August 9, 2019
More than 300 children from the Boys & Girls Club in Las Margaritas participated in a back-to-school fair, organized by New Fortress Energy, an energy infrastructure company committed to supporting youth education in science and technology. In addition to providing school supplies and support, the fair featured robotics workshops designed to introduce students to science, […]
chat_bubble0 Comment
visibility2967 Views
Startup Hub Caribbean by Facebook and parallel18 wraps up its 1st generation
August 9, 2019
The closing event for Startup Hub Caribbean, a program by Facebook and Puerto Rican accelerator parallel18, showcased the growth and impact of 10 startups that are helping improve their communities’ access to high-quality education, jobs, and technology. The Demo Day took place in parallel18’s HQ, in San Juan and was the final phase of a […]
chat_bubble0 Comment
visibility2458 Views
Op-Ed: SBA initiatives support veterans’ entrepreneurial success
August 9, 2019
Every day, tens of thousands of American troops risk their lives and sacrifice time with their families to protect our national security and keep us safe. Through their strength and commitment, they protect our nation, liberties, freedom and way of life. The Defense Department keeps our military members safe while serving; and once our heroes […]
chat_bubble0 Comment
visibility1277 Views
PACIV founder becomes 1st Puerto Rican to get Harvard leadership fellowship
August 9, 2019
Jorge L. Rodríguez, CEO and founder of PACIV, a local company and global leader in industrial automation solutions, has been awarded a fellowship at Harvard University’s Advance Leadership Initiative, becoming the first Puerto Rican to receive the opportunity. Harvard University launched the “Advanced Leadership Initiative (ALI) Fellowship” in 2005, to create a new third stage […]
chat_bubble0 Comment
visibility3173 Views
National, MBIA Insurance sue Wall Street banks for role in P.R.’s fiscal crisis
August 8, 2019
National Public Finance Guarantee Corporation and MBIA Insurance Corporation filed suit in the San Juan Superior Court against eight Wall Street banks to hold them accountable for “inequitable conduct in Puerto Rico’s municipal bond market that contributed to Puerto Rico’s economic collapse.” Plaintiffs are bond insurers that have been presented with more than $1 billion […]
chat_bubble0 Comment
visibility1456 Views
Liberty Puerto Rico posts $103.8M in 2Q19 revenue
August 8, 2019
Liberty Puerto Rico reported consistent revenue and subscriber growth for the second quarter of the year, according to its financial results report. The company added more than 5,000 customers this quarter, driven by its growth in high speed data subscribers. Liberty’s second quarter 2019 revenue stands at $103.8 million, which represents a 5.3% increase from […]
chat_bubble0 Comment
visibility1334 Views
Entrepreneurs of innovative company HYP3R join Endeavor’s global network
August 8, 2019
Entrepreneurs Carlos García and Leandro Armas, leaders of HYP3R, were admitted to Endeavor’s global network as part of the new group of Endeavor Entrepreneurs selected this summer in Tokyo, Japan, Erika Medina-Vecchini, Managing Director of Endeavor Puerto Rico announced. The partners at HYP3R, one of the most innovative technology companies in the tourism sector, are […]
chat_bubble0 Comment
visibility2255 Views
P.R. pursues expansion of hotel development pipeline at Caribbean Hospitality Summit
August 8, 2019
Business leaders and government officials representing Puerto Rico, Dominica and St. Maarten spoke about their respective recovery and resiliency strategies during the Bisnow Caribbean Hospitality and Tourism Summit held Aug. 1, 2019 in Miami. The event sponsored by the Puerto Rico Builders Association drew more than 200 investors, developers, hotel operators and other industry professionals. […]
chat_bubble0 Comment
visibility1402 Views
P.R.’s economic activity drops 0.7% in June ’19 vs. same month in ’18
August 8, 2019
Puerto Rico’s Economic Activity Index — which measures the performance of key indicators — showed a 0.7% year-over-year drop in June 2019, according to the data released by the Economic Development Bank. This was the first year-over-year decrease after 11 months of consecutive increases, the report showed. According to the document, the annual comparison is […]
chat_bubble0 Comment
visibility1406 Views
Op-Ed: Federal government fails Puerto Rico — again!
August 8, 2019
2017 was a terrible year. Some of the largest hurricanes in U.S. history, along with devastating wildfires in California and elsewhere, provided a clear indicator of the ravages we can expect from the climate crisis. Thousands of Americans lost their homes, their belongings, their livelihoods, even their lives. In response, Congress appropriated $587 million to […]
chat_bubble0 Comment
visibility1302 Views
REAL CHANGE?
August 8, 2019
Did I miss something? Did we not just experience a “revolution” to throw out the governing elite? Didn’t the citizens of Puerto Rico rise up to demand better leaders? Didn’t we say we wanted more transparency? Didn’t we stipulate we must have real accountability? Didn’t we refuse to accept corruption? Apparently not, since we seem […]
chat_bubble1 Comment
visibility1082 Views
United Retailers Association launches ‘CUD Start Your Business’ program
August 8, 2019
Several years after considering the idea, the United Retailers Association officially launched its business school program, which is complemented by the CUD Start Your Business initiative. The trade group known as the CUD for its initials in Spanish confirmed 70 new entrepreneurs will be able to enter the competition for free due to a partnership […]
chat_bubble0 Comment
visibility1175 Views
Ex-Gov. Rosselló signed laws limiting constitutional right of access to information
August 7, 2019
On the eve of becoming Puerto Rico’s first governor to resign from his post, Ricardo Rosselló signed a pair of laws whose net effect is to hinder access to public information and limit free expression, nonprofit group Open Spaces denounced. Cecille Blondet, executive director of Open Spaces said Rosselló stamped his signature on Acts 122 […]
chat_bubble1 Comment
visibility2015 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA