FCC expands subsidy program to cover broadband
April 1, 2016
In a 3-2 vote, the Federal Communications Commission on Thursday decided to expand its Lifeline Universal Service Program, which currently subsidizes voice telephone service for low-income households, to allow those households to use the program to lower the cost of broadband service.
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Report: P.R. bankruptcy cases up 13% YOY in Feb.
April 1, 2016
Puerto Rico’s bankruptcy filings were up 13 percent in February, when 930 cases were submitted to the court, versus the same month in 2015, according to numbers released Thursday by research company Boletín de Puerto Rico.
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Puerto Rico Property Registry now 100% electronic
April 1, 2016
Puerto Rico’s historically outdated Property Registry has been thrust into the 21st century through a $6.9 million modernization project that converted the government’s database from paper to fully electronic and available 24/7, Justice Secretary César Miranda announced Thursday.
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Agrohack conference to focus on innovation, tech
March 31, 2016
Looking to add to the island’s efforts to promote agriculture as a sustainable source of growth and economic development, a group of entrepreneurs will host Agrohack, a conference focusing on the sector, on May 28.
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Oversight board draft legislation draws tepid support
March 30, 2016
The U.S. House Committee on Natural Resources, chaired by Rob Bishop (R-UT). released a draft legislation on Puerto Rico’s economic crisis Tuesday, proposing an oversight board that will, among other things, audit the government and its corporations.
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P.R. gov’t to appeal ‘Wal-Mart tax’ invalidation
March 29, 2016
The Commonwealth will appeal the decision by U.S. District Judge José A. Fusté invalidating the transfer pricing tax applied to Wal-Mart, Gov. Alejandro García-Padilla said Monday, while blasting the judge for “taking away $100 million” from the people of Puerto Rico.
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Exec: Toyota ‘bringing the passion’ out of its lineup
March 24, 2016
NEW YORK — Although Toyota has had a “fantastic reputation for value and quality,” a self-critical assessment has driven the automaker to work on “bringing the passion” out of its vehicles to appeal to a new generation of buyers, Bob Carter, the executive responsible for the automaker’s operations in North America, which include the U.S. mainland, Puerto Rico and Canada, said.
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Hybrids, plug-ins, and reincarnations rule NY Auto Show
March 23, 2016
NEW YORK — Some of the world’s largest automakers gathered in this city this week to roll out their latest models, many of which build upon hybrid, electric and plug-in technologies.
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PR/DR ferry sidelined through July for $8M overhaul
March 21, 2016
America Cruise Ferries, which offers ferry service between Puerto Rico and the Dominican Republic, is anchoring its Caribbean Fantasy cruise ship through July for an $8 million remodeling.
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Liberty opens new Hato Rey customer service center
March 21, 2016
Liberty Puerto Rico officially inaugurated last week its new 3,500 square-foot customer service center in Hato Rey, on the corner of Ponce de León and Roosevelt Avenues.
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Foundation for P.R. unveils visitor economy study
March 17, 2016
An important part of the local economy, and the only one showing growth, tourism represents a great opportunity for growth in the short and medium term for Puerto Rico, according to the findings of a study released by the Foundation for Puerto Rico Wednesday.
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Celero Health unveils new app for health sector at SXSW
March 17, 2016
Puerto Rican startup Celero Health Solutions unveiled Wednesday a new and 100 percent paperless way for independent health-insurance brokers to enroll Medicare Advantage beneficiaries into a variety of different health plans.
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The Mall of San Juan marks 1st year with full agenda
March 16, 2016
The Mall of San Juan is marking its first anniversary next week with a full agenda of events and plans to open at least 10 stores this year, mall officials confirmed Tuesday.
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Congressional lawmakers introduce bills to help P.R.
March 15, 2016
Sen. Bob Menendez (D-NJ) announced Monday he will introduce a comprehensive legislative package to provide Puerto Rico a real path to solvency through comprehensive reforms, backed by three other lawmakers.
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P.R., DR manufacturers meet to define growth areas
March 15, 2016
Representatives from the Puerto Rico Manufacturers Association and industry counterparts in the Dominican Republic held the first of a series of strategic meetings on Monday to define areas of collaboration to improve business relationships and create jobs, PRMA President Carlos Rivera-Vélez said.
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