Ford unveils 8-yr./100K mile protection for ’17 Fiesta
February 17, 2017
Ford announced Thursday the introduction of one of Puerto Rico's most comprehensive auto protection plan that covers more than 1,000 components of the 2017 Ford Fiesta for eight years or 100,000 miles.
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FirstBank collects 5,952 cell phones for recycling
February 16, 2017
Because 100 percent of the materials in mobile phones are recyclable, since 2014 FirstBank has been collecting devices at its branches as part of its social responsibility program called “Uno con el Ambiente.”
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Consultiva Internacional to discuss market perspectives
February 16, 2017
The Investment Strategy Committee at Consultiva International Inc. will be presenting its global economic outlook for 2017 at its annual conference for clients, guests and partners on Feb. 23, the company announced Wednesday.
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Op-Ed: Hate your job? Flip that situation over
February 14, 2017
“I’m in a rut. I hate my job. I’m underpaid and I’ve applied to everything that comes up, but I don’t even get to the first round of interviews. I obviously can’t leave… I can’t afford to not have an income. I feel doomed.”
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Oversight Board issues RFP for pensions consultant
February 13, 2017
The Financial Oversight and Management Board for Puerto Rico is looking for an independent actuary, pension, and planning consultant for which it has issued an a request for proposals for parties interested in providing services.
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Moody’s: PR banks buffers improved vs. recession
February 10, 2017
Moody's-rated Puerto Rican banks, Banco Santander Puerto Rico, Banco Popular de Puerto Rico and FirstBank Puerto Rico have improved their capitalization, reserves and core funding in the face of protracted economic recession in the Commonwealth of Puerto Rico, Moody's Investors Service said in a new report released Thursday.
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FirstBank launches lawyer trust deposit account
February 9, 2017
FirstBank and the Access to Justice Fund Foundation announced the launching of the Interest on Lawyer Trust Account (“IOLTA”,) or “Cuenta de Intereses en Fideicomiso de Abogados y Abogadas (CIFAA),” aimed at ensuring the availability and efficacy of legal services offered by nonprofit organizations to people of limited resources.
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IT solutions developer INVID gets SBA certification
February 8, 2017
With the goal of building business competitiveness and expanding to new markets, IT solutions developer Internet Vision Development (INVID), LLC recently received certification from the U.S. Small Business Administration’s 8(a) Business Development program, it announced Tuesday.
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Op-Ed: Startups v. Big (bad?) Corp.
February 8, 2017
Sometimes we can’t help but antagonize those big corporations. Those long-standing enterprises with their rigid business models and traditional corporate culture.
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Liberty marks 10th edition of ‘Safer Internet Day’
February 8, 2017
Liberty Puerto Rico celebrated “Safer Internet Day” on the island for the 10th year in a row Tuesday, as part of its social responsibility campaign “Navega con seguridad.”
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CBP inspects millions of cut flowers for Valentine’s Day
February 8, 2017
As Valentine’s Day quickly approaches U.S. Customs and Border Protection (CBP) is “diligently” inspecting shipments of imported cut flowers to prevent the spread of insects or pests that may damage national and local agriculture, the agency said Tuesday.
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USDA approves $1M loan to EDB for job promotion
February 7, 2017
The U.S. Department of Agriculture has approved a $1 million loan to the Puerto Rico Economic Development Bank for job promotion in rural areas.
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Moody’s: PREPA still open to consensual restructuring
February 3, 2017
Recent events related to the ongoing negotiation between the Puerto Rico Electric Power Authority and its creditors, including an extension through March 31 of the restructuring support agreement, suggests there’s still room for consensual accords, Moody’s Investors Service said in an analysis released Thursday.
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DHL invests $1M in upgrades, services in P.R. in ’16
February 3, 2017
DHL Global Forwarding, the air and ocean freight specialist within Deutsche Post DHL Group, confirmed Thursday it invested close to $1 million in Puerto Rico last year.
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Treasury collections fall $45.4M Y-O-Y in December
February 2, 2017
The Puerto Rico Treasury Department released Wednesday revenue collection numbers for December 2016 totaling $799.3 million, which represents a year-over-year decrease of $45.4 million.
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