Dudley offers prescription for island’s return to growth
November 30, 2016
While admitting that there isn’t much the Federal Reserve Bank of New York can do to spur economic growth for the island, William Dudley, the head of the regulatory agency, said Tuesday he is “confident that Puerto Rico has started on the road to recovery.”
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Event ticket vendor Ticketpop launches mobile app
November 30, 2016
Ticketpop, the largest electronic ticket processor in Puerto Rico, operated by Evertec, announced Tuesday the launch of its new mobile application through which consumers will be able to obtain official event information and purchase tickets through their mobile phones.
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DirecTV kiosks to close Dec. 31 as part of AT&T merger
November 29, 2016
As part of the consolidation between AT&T Mobility and DirecTV begun earlier this year, about two dozen of the latter’s kiosks in Puerto Rico will shut down on Dec. 31, this media outlet confirmed Monday.
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Gov.-elect Rosselló announces 1st cabinet appointments
November 29, 2016
Gov.-elect Ricardo Rosselló announced Monday the first five members of his cabinet, including his Chief of Staff, chief legal advisor and his representative before the Financial Oversight and Management Board.
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P.R. consumers more savvy, shopping later in season
November 28, 2016
As this year’s holiday shopping season kicks into high gear, a recent study by the Arteaga & Arteaga advertising firm revealed that this year consumers will be more astute in their purchases, mapping out budgets and taking advantage of attractive discounts.
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Olympic medalist Puig new Universal Group ambassador
November 28, 2016
Starting Jan. 1, Puerto Rican tennis player and Puerto Rico’s first Olympic gold medalist Monica Puig will become the ambassador of Universal Group in Puerto Rico and the United States.
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Espacios Abiertos discusses lessons learned from Detroit
November 23, 2016
Balancing the government checkbook will not solve an economic crisis like the one Puerto Rico is facing.
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Oriental’s ‘Quick Deposit’ service expands to more ATMs
November 22, 2016
Oriental bank announced Monday that it’s “Quick Deposit” service will be available in 21 additional full-service ATMs, for a total of 25 located throughout the island.
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Board to finish review of gov’t Fiscal Plan by Jan. 31
November 21, 2016
The Financial Oversight and Management Board for Puerto Rico is reviewing the government’s proposed Fiscal and Economic Growth Plan — which on Friday was met with criticism by a cross-section of the island’s business community — and should be finished by Jan. 31.
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Execs appointed in tourism, advertising, insurance
November 21, 2016
Puerto Rican executives continue to climb the corporate ladder both in Puerto Rico and abroad, in a spectrum of economic sectors.
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Comprehensive Cancer Center hospital to open in Feb.
November 18, 2016
The Comprehensive Cancer Center Hospital at the University of Puerto Rico will receive its first patients this February, three years after the start of its construction.
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Vassallo Int’l Group in Ponce files for Ch. 11 bankruptcy
November 18, 2016
Ponce-based Vassallo International Group, which manufactures, distributes and sells more than 6,000 different products for a wide range of applications and industries, has filed for Chapter 11 bankruptcy, citing nearly $9.8 million in debt.
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Empresarios por Puerto Rico bet local to boost economy
November 17, 2016
Empresarios por Puerto Rico, an organization representing a broad spectrum of local businesses, unveiled Wednesday a series of initiatives aimed at strengthening the island’s economy.
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Claro fulfills FCC-funded broadband deployment project
November 17, 2016
Three years after receiving $31.6 million from the Federal Communications Commission to provide new broadband access to more than 40,000 homes in Puerto Rico, Claro President Enrique Ortiz de Montellano confirmed Wednesday the project has been completed.
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Pueblo opens new $4M grocery store at Aguadilla Mall
November 17, 2016
The Pueblo supermarket chain on Wednesday opened a new store at the Aguadilla Mall with an investment of more than $4 million and the creation of 70 new jobs to complete a workforce of 130 employees, company executives confirmed.
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