GDB: P.R. will be $923M in the red by summer
January 19, 2016
Puerto Rico will be $923 million in the hole by summer if it meets all of its upcoming obligations, including debt service payments and payments to suppliers, as the fiscal crisis tightens its grip on the island’s finances.
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PPG to end Glidden, Superior paint manufacturing in P.R.
January 19, 2016
PPG Architectural Coatings announced that it will be pulling the plug on the production of Glidden and Superior brand paints at its Carolina facility, which will be converted to a large-scale distribution center.
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Medicare refund rates for P.R. hospitals to be increased
January 19, 2016
Puerto Rico hospitals will soon begin receiving the same basic reimbursement rate — known as the “base rate” — as hospitals in the U.S. mainland for treating Medicare patients, Resident Commissioner Pedro Pierluisi said Monday.
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Op-Ed: Why Puerto Rico deserves more than a chance
January 19, 2016
Recent news coverage about Puerto Rico has focused on its high public debt and imminent default while, in U.S. Congress, powerful lobbies seem to hold more sway over Puerto Rico’s future than do more than 8 million U.S. citizens.
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Santander Universidades rewards business innovation
January 19, 2016
Starting this month and through April 8th, Puerto Rico college students can compete for a prize of up to $10,000 for their business idea, during the fourth edition of the "IV Santander Award for Business Innovation" business plan competition.
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9 apps vie for grand prize at Appcircus San Juan final
January 19, 2016
Nine finalists will showcase their apps live at the “Appcircus San Juan” final on Jan. 21 at Sacred Heart University.
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Guayacán announces 3rd edition of I-Corps Puerto Rico
January 14, 2016
Grupo Guayacán Inc. (GGI) will offer the upcoming third edition of its I-Corps Puerto Rico program at the University of Puerto Rico’s Mayagüez Campus, marking the first time that the program is offered outside of the San Juan metropolitan area and directly on a university campus, organizers said.
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Sen. Reid urges McConnell to move on P.R. debt crisis
January 13, 2016
In a letter to Senate Republican leader Mitch McConnell, Nevada Senator Harry Reid on Tuesday called on Republicans to work with Democrats to address the deepening debt crisis facing Puerto Rico.
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P.R. Investment Summit adds speakers to event lineup
January 13, 2016
Puerto Rico Investment Summit organizers revealed Tuesday new additions to its lineup of speakers and panelists for its two-day event scheduled for Feb. 11-12.
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Gov’t, debt insurers trade barbs over ‘clawback’ lawsuit
January 12, 2016
In the days since Assured Guaranty filed a lawsuit jointly with monoline insurer Ambac against the commonwealth of Puerto Rico over the constitutionality of revenue clawbacks, the parties have been defending their corners via public statements.
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Triple-S Management Corp. announces exec changes
January 11, 2016
Triple-S Management Corporation recently announced several changes within its executive staff.
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U.S. Customs seizes 10K counterfeit toys in San Juan
January 5, 2016
U.S. Customs and Border Protection (CBP) field operations officers announced Monday they completed the seizure of 10,000 counterfeit toy dolls arriving in a shipment from China to San Juan.
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USPS includes ‘La Cueva del Indio’ in ’16 stamp lineup
December 31, 2015
A depiction of Puerto Rico’s La Cueva del Indio in Arecibo will be included in the U.S. Postal Service’s 2016 stamp program that also comprises Star Trek, NASA’s New Horizons and Shirley Temple among the topics to be highlighted this year, the agency announced Wednesday.
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FirstBank donates $20K to ‘Madres Tutoras’ program
December 24, 2015
FirstBank announced Thursday it has donated $20,000 to bolster the “Madres Tutoras” program at La Nueva Escuela Juan Ponce de León, located in the heart of the Juan Domingo community in Guaynabo.
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Liberty to air SJ Children’s Choir’s Christmas concert
December 23, 2015
Liberty Puerto Rico will broadcast the San Juan Children’s Choir’s annual Christmas Concert as a gift to all its customers on Dec. 24, 25 and 31 and on Jan. 1 and 6, 2016 through CableVisión.
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