PREPA extends agreement with creditors to Dec. 17
December 9, 2015
The Puerto Rico Electric Power Authority announced Tuesday it has executed an amendment to its previously announced restructuring support agreement (“RSA”) with the Ad Hoc Group of PREPA bondholders through Dec. 17, 2015.
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P.R. CEOs, American Cancer Society ally to fight disease
December 9, 2015
More than 20 Puerto Rico top executives officers from local companies joined forces at the Condado Vanderbilt Hotel to launch the American Cancer Society CEOs Against Cancer P.R. Chapter, an exclusive and selective initiative uniting company leaders in the fight to prevent cancer and save lives.
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Aon Hewitt study: P.R. salaries to increase slightly in ’16
December 7, 2015
Puerto Rico salaries could see a slight improvement next year, breaking a two-year cycle of flat results, according to the results of the 28th edition of the “Global Salary Increase Survey” conducted by Aon Hewitt.
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8 stores, eateries opening at The Mall of San Juan in Dec.
December 7, 2015
American Cut Bar & Grill and BRIO Tuscan Grille are among the eight new shopping and dining options that will debut before the end of this year — seven of which are exclusive to the market — at The Mall of San Juan.
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United Airlines features San Juan as ‘perfect’ destination
December 7, 2015
United Airlines is promoting San Juan as a “perfect” tourist destination in the December 2015 edition of its “Hemispheres” magazine, which is distributed on board all its flights worldwide.
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FHLBNY awards $27.1M for affordable housing projects
December 4, 2015
The Federal Home Loan Bank of New York announced Thursday it has awarded $27.1 million in subsidies to fund 35 affordable housing initiatives throughout New Jersey, New York, Connecticut, Maryland and Pennsylvania.
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‘Creando Verde’ exhibit opens at Ponce Museum of Art
December 4, 2015
FirstBank and Fundación Proyecto La Línea de mi Pensamiento have joined forces to sponsor the second edition of “Creando Verde” an art contest for students between eight and 18 years of age focusing on creating ecological and social awareness.
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AT&T donates $40K to Centros Sor Isolina Ferré
December 3, 2015
Committed to enrich and strengthen local communities, AT&T recently donated $40,000 to support Centros Sor Isolina Ferré’s educational programs for high school students.
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EPA gives environmental education grant to UMET
December 3, 2015
The U.S. Environmental Protection Agency is awarding a $91,000 environmental education grant to the Universidad Metropolitana, known as UMET, to enhance environmental education for students islandwide.
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Security guard co. ordered to pay $166K in back wages
December 2, 2015
San Juan-based security guard company Optimus Investigations Corp. and its owner Jorge Rivera-Berríos has been ordered to pay more than $166,000 in back wages and liquidate damages to 243 employees misclassified as independent contractors, the U.S. Department of Labor announced Tuesday.
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Applebee’s unveils new design in new Guaynabo eatery
December 2, 2015
With an investment of $2.5 million, Applebee’s will inaugurate its fifth restaurant on the island on Dec. 7, becoming the first market to introduce a new architectural design to be adopted by other restaurants nationwide.
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Viking Star cruise ship to use SJ as homeport in ’16
December 2, 2015
Viking Ocean Cruises announced Tuesday it will expand its destination-focused cruising to North America and the Caribbean with five new itineraries launching in September 2016.
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GDB: Puerto Rico’s economic activity up 1.0 percent YOY
December 1, 2015
Puerto Rico’s economic activity increased by 1.0 percent on a year-over-year basis in October, and reflected a month-over-month increase of 0.2 percent, according to the Government Development Bank’s Economic Activity Index released Monday.
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SBA: ‘Shop small for all on Small Business Saturday’
November 27, 2015
Small business owners across the U.S. mainland and Puerto Rico are preparing for the most important shopping day of the year, “Small Business Saturday,” an event sponsored by the U.S. Small Business Administration.
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Fundación Toyota awards $100K in grants to projects
November 25, 2015
Seven organizations focused on environmental affairs will split more than $100,000 in funding from the Fundación Toyota Environmental Grants program, announced during the 18th edition of the automaker’s initiative.
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