FirstBank promotes program to help furloughed federal employees
January 17, 2019
Following the partial shutdown of the U.S. government and its possible consequences on the financial responsibilities of its employees in Puerto Rico, FirstBank has launched an assistance program with solutions for loan and credit card payments. The financial institution is urging its clients to call to discuss payment options for personal and auto loans, and […]
chat_bubble0 Comment
visibility2689 Views
Special Report: How Trump’s anti-immigrant policies separate families in P.R.
January 16, 2019
By Mc Nelly Torres | Center for Investigative Journalism Johnny Santana moved to Puerto Rico in the early 1990s in search of a better life than the one he had in his hometown of Higüey in the Dominican Republic. He worked in construction, as a cook, and later delivering vegetables to restaurants, a job he’s […]
chat_bubble0 Comment
visibility1584 Views
Foundation for P.R. begins 1st phase of Whole Community Resilience Program
January 16, 2019
Foundation for Puerto Rico has signed an agreement with the Department of Housing to lead the coordination of the Whole Community Resilience Planning Program, the nonprofit announced. As part of the first phase, FPR is building a multisectoral working group that will include key government, community, non-government and nonprofit organizations in Puerto Rico that have […]
chat_bubble0 Comment
visibility1614 Views
‘Congressional App Challenge’ student winners’ project becomes law
January 16, 2019
High school students Axel Toro and Diego Rivera from the Dr. Carlos González School in Aguada won the “Congressional App Challenge” in Puerto Rico with their project, “Quiero Almorzar,” an app that proposes changing the manual system for lunches used in public schools. The app’s purpose was turned into a bill, House Resolution 348, introduced […]
chat_bubble0 Comment
visibility1569 Views
Volkswagen AG, Ford Motor Co. launch global alliance
January 16, 2019
Volkswagen AG and Ford Motor Company today announced the first formal agreements in a broad alliance that positions the companies to boost competitiveness and better serve customers in an era of rapid change in the industry. Volkswagen CEO Herbert Diess and Ford CEO Jim Hackett confirmed that the companies intend to develop commercial vans and […]
chat_bubble0 Comment
visibility1772 Views
GM Security Technologies buys 1st Secure IT
January 16, 2019
GM Security Technologies, a company dedicated to cybersecurity, governance and compliance solutions and services focused on managing digital risk, announced the acquisition of 1st Secure IT, a company specialized in auditing and certification of information security and fraud prevention. The financial terms of the transaction were not disclosed. This acquisition boosts the expansion of GM […]
chat_bubble0 Comment
visibility2298 Views
P.R. Education Foundation grants $10K to 5 schools to promote projects
January 16, 2019
The Puerto Rico Education Foundation, a nonprofit organization dedicated to providing resources for the strengthening, strategic innovation and transformation of local public schools, recently granted $2,000 to five schools through its “Lift your School” program. PREF opened a call in November so that Puerto Rico’s 856 public schools would present proposals for the development of […]
chat_bubble0 Comment
visibility1949 Views
Oversight Board, creditors’ committee challenge $6B of P.R. debt
January 15, 2019
The Special Claims Committee of the Financial Oversight Board for Puerto Rico announced that it and the Official Committee of Unsecured Creditors in Puerto Rico’s debt restructuring have filed an objection to more than $6 billion of Puerto Rico’s bonded debt. The objection asserts that the invalid debt was issued in clear violation of the […]
chat_bubble0 Comment
visibility1290 Views
Espacios Abiertos, debt restructuring expert, warn about implications of COFINA deal
January 15, 2019
Nonprofit organization Espacios Abiertos exposed a number of “suspicious elements” of the proposed agreement to restructure the Puerto Rico Sales Tax Financing Corporation (known as COFINA by its initials in Spanish) debt, which U.S. District Court Judge Laura Taylor Swain will review this week. “We said it last year and we stand by it today,” […]
chat_bubble0 Comment
visibility1747 Views
Popular consolidates auto, leasing operations at Roosevelt Ave. building
January 15, 2019
As part of its strategy to offer “modern and innovative” facilities for its clients, Popular announced the consolidation of its auto and leasing services at the former Doral building on Roosevelt Ave., the financial institution announced. Effective Jan. 19, the Popular Auto customer service division formerly located at Popular’s Altamira location, and Reliable Auto, formerly […]
chat_bubble0 Comment
visibility2041 Views
Comprehensive Cancer Center, Molina Healthcare partner to benefit patients
January 15, 2019
Molina Healthcare of Puerto Rico will have access to the services offered by the Comprehensive Cancer Center Hospital, following a negotiation of an agreement that will benefit more than 1,000 patients. “Since day one, our goal has been to expand access and with the Molina/CCC agreement, we are now able to provide specialized cancer care […]
chat_bubble0 Comment
visibility1602 Views
P.R. Linux Users Group to host 1st meeting Jan. 18
January 15, 2019
The Puerto Rico Linux Users Group Inc., a newly established nonprofit tasked with advocating the Linux open-source operating system, will hold its inaugural meeting Jan. 18 at Galería Paseos shopping mall. This is a free event, open to all interested, organizers said. “In the past there have been calls for local free software enthusiasts to […]
chat_bubble0 Comment
visibility1393 Views
Statistics Institute’s website includes new section on Hurricane María’s economic, social impact
January 15, 2019
The Puerto Rico Institute of Statistics announced the establishment of a new section in its website that compiles a series of reports related to the social and economic impact of Hurricane María on Puerto Rico. The section entitled “Studies on the Economic and Social Impact of Hurricane María” is located in the Hurricane María link. […]
chat_bubble0 Comment
visibility1664 Views
Oversight Board recommends transfer of WIPR to private operator
January 14, 2019
The Financial Oversight and Management Board for Puerto Rico recommended that the government take the necessary steps to transfer the rights and ownership of the Puerto Rico Public Broadcasting Corp. also known as WIPR, to a private, nonprofit entity. In a letter to Gov. Ricardo Rosselló, Senate President Thomas Rivera Schatz and House Speaker Carlos […]
chat_bubble0 Comment
visibility1865 Views
Rosselló announces $37.5M collaborative community planning program
January 14, 2019
Gov. Ricardo Rosselló announced the signing of an agreement between the Puerto Rico Department of Housing and Foundation for Puerto Rico to start administering the Community Resilience Program, which has a budget of $37.5 million.The funding comes from the Community Development Block Grant Program, which has set aside disaster recovery funds. The program’s priority are […]
chat_bubble0 Comment
visibility1242 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA