Regardless of their size, the number of residents, or the fiscal problems they have, U.S. cities under fiscal control boards have faced a formula that consists primarily of the firing of public employees, pension cuts, an increase in the cost of college education, and a reduction in essential services, such as health.
Gov. Ricardo Rosselló presented Wednesday a budget of $9.5 billion to Puerto Rico’s Legislative Assembly, which guarantees essential services and pension payments, and which also makes contributory justice for the citizens of the island, he said.
The Forum of Incident Response and Security Teams (FIRST) will carry out its 29th annual conference in Puerto Rico on June 11-16 at the Caribe Hilton Hotel in San Juan, organizers announced Wednesday.
Liberty Business, Liberty Puerto Rico’s division that caters to the corporate sector, marked the first anniversary of its brand launch with a 9 percent growth compared to the same period last year, the company announced Wednesday.
The Municipality of Cataño was among 172 communities across the country selected by the U.S. Environmental Protection Agency (EPA) on Wednesday to receive funding for brownfield site revitalization to help local governments redevelop vacant and unused properties, transforming communities and local economies.
Caribe Hilton, The Condado Plaza Hilton, Embassy Suites San Juan Hotel & Casino y Embassy Suites by Hilton Dorado del Mar Beach Resort recently took part in Careers@Hilton Week, Hilton’s annual global career event showcasing the many opportunities available in the hospitality industry for youth and other job seekers.
Medtronic Puerto Rico, a medical technology, services, and solutions company, unveiled Tuesday a 17-acre area comprising 18,000 photovoltaic cells at its plant in Juncos, in the presence of company and government officials.
A total of 33 research projects in different strategic sectors have received grants from the Puerto Rico Science, Technology and Research Trust, promoting economic activity in the sector, the nonprofit said during a weekend event.
Grupo Aeroportuario del Sureste, S.A.B. de C.V., partner in Aerostar Airport Holdings, LLC and operator of the Luis Muñoz Marín International Airport in San Juan and the Public Sector Pension Investment Board, one of Canada's largest pension investment managers, announced Tuesday their collective acquisition of a 50 percent interest in Aerostar Airport Holdings LLC.
Seeking to contribute to Puerto Rico’s development and growth, Evertec announced Tuesday that its Scholarship Program is now open for applications.
Hunt Holdings LP, an early stage tech investor in the U.S., added the edutainment startup Timokids to its portfolio, in a deal that will support the company's international expansion from Puerto Rico, the companies announced Monday.
Gov. Ricardo Rosselló, Resident Commissioner Jenniffer González, and Senate President Thomas Rivera-Schatz joined forces Thursday in an effort from the federal capital to insert Puerto Rico into the discussion of the United States budget.
Coinciding with the release of the “Wall Street’s Power Grab in Puerto Rico” study, VAMOS4PR and Chicago-based stateside labor, community, cultural, and human rights groups joined Puerto Rico leaders in calling for an audit into the legality of Puerto Rico’s $72 billion debt.
Ola Yogurt Bar, a new business line for the owners of Soft & Creamy, officially opened its first location in Plaza Las Américas in Hato Rey Thursday, at an investment of $500,000, company executives said.
The Financial Oversight and Management Board for Puerto Rico meet Wednesday with student representatives of the University of Puerto Rico’s 11 regional campuses, in addition to the Plastic Arts and Design Schools and the Puerto Rico Conservatory of Music, to discuss the public university system’s fiscal situation.
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