First $1 million in payments supports payroll for 800 workers in 34 municipalities. #NewsismyBusiness
787 Coffee, a Puerto Rican-owned company, has expanded its direct trade model to include micro-lot farms in Mexico and Colombia. According to the company, eliminating intermediaries allows it to build a transparent supply chain that pays growers more — addressing an industry norm where farmers often earn less than 10% of a coffee’s retail price. […]
Espacios Abiertos warns $400 million reduction may undermine labor force incentives. #NewsismyBusiness
The company reported a $1.7 billion net loss, and will focus on investing in its remaining stores. #NewsismyBusiness
Released by the U.S. Congress Joint Economic Committee Democrats, the report says the funding has not been effectively used for renewable energy infrastructure, seen as key for economic progress. #NewsismyBusiness
In the U.S. News list, San Diego takes the top spot, but the cost of living in Puerto Rico’s capital has even exceeded New York’s. #NewsismyBusiness
The association’s annual contest celebrates excellence in the profession, with entries accepted throughout August. #NewsismyBusiness
The application period has been extended for the initiative with the Puerto Rico Science, Technology and Research Trust and Banco Popular, which offers tools for startup expansion. #NewsismyBusiness
The Economic Development Administration is backing high-tech innovation and STEM education as part of hurricane recovery efforts #NewsismyBusiness
Conservation organization says the government has yet to finalize the designation of critical habitats, putting certain corals at risk of extinction, including ones off of Puerto Rico. #NewsismyBusiness
ChatGPT replies to a prompt that AI "presents an opportunity for growth" in Puerto Rico. #NewsismyBusiness
Public comment period on five proposed rules affecting banks, gaming and licensing opened. #NewsismyBusiness