Broadband subsidies could end in April for 360K households in Puerto Rico
January 29, 2024
When ACP funds run out, households participating in the program will no longer receive the monthly discounts. #NewsismyBusiness
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Popular Inc. reports $541M in net income in 2023, $94.6M in 4Q
January 26, 2024
Popular Inc. CEO Ignacio Álvarez confirmed that the Apple Pay service will finally become available in Puerto Rico this year. #NewsismyBusiness
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OFG Bancorp reports core revenue of $682.7M in 2023, $175.6M in 4Q
January 25, 2024
Oriental reported a $1.2 billion public funds deposit in mid-December, although the name of the agency involved remains undisclosed due to regulatory restrictions. #NewsismyBusiness
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Gov’t unveils 3 initiatives to position Puerto Rico as a life sciences hub
January 23, 2024
The centers will serve as a catalyst for research collaborations, driving economic and industrial development. #NewsismyBusiness
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Khoury to step down from helm at Liberty Puerto Rico
January 19, 2024
Eduardo Díaz-Corona will succeed Khoury as general manager for Liberty Puerto Rico and the U.S. Virgin Islands. #NewsismyBusiness
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FCC looks to empower consumers during cable, satellite TV blackouts
January 19, 2024
The FCC will seek public comment on this proposal. #NewsismyBusiness
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Puerto Rico’s EV charging network developer to be chosen in February
January 12, 2024
The Federal Highway Administration has allocated $51.4 million to the Puerto Rico Highways & Transportation Authority for establishing 10 publicly accessible electric vehicle charging stations. #NewsismyBusiness
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Fight between Paulson, Ghaffar now involves FTZ property in San Juan
January 5, 2024
Ghaffar initially filed a complaint at the local court, but Paulson’s companies asked for it to be moved to the U.S. District Court for Puerto Rico. #NewsismyBusiness
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277 Puerto Rico businesses filed for bankruptcy in 2023
January 4, 2024
The U.S. Bankruptcy Court was busy during 2023, as there were 4,435 petitions submitted from January to December, or 16.4% more than the 3,810 cases filed in 2022. #NewsismyBusiness
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$2B Icon of the Seas will not return to Puerto Rico until May 2025
January 4, 2024
The massive and newest ship to join Royal Caribbean arrived in Puerto Rico’s southern port on Jan. 2, with some 4,000 crew members, contractors, shoreside teams, and yard workers aboard. #NewsismyBusiness
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Puerto Rico telecom execs are the constant in an ever-changing market
December 27, 2023
Cutting-edge services based on artificial intelligence and blanketing the island with broadband connections are two of the predictions high on the carriers’ list of developments in the immediate future and down the road. #NewsismyBusiness
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Municipality of San Juan sues Exxon Mobil, others for role in climate change
December 18, 2023
The municipality is seeking punitive and compensatory damages in excess of $75,000 from all defendants, “jointly and severally,” it stated. #NewsismyBusiness
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1.8M holiday travelers expected to move through Luis Muñoz Marín Int’l Airport
December 14, 2023
The TSA put out a list of what passengers need to know about holiday travel through its security checkpoints. #NewsismyBusiness
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Puerto Rico bankruptcies up 29% in November
December 13, 2023
So far this year, Puerto Rico individuals and corporations seeking protection from creditors have filed 3,397 cases in U.S. Bankruptcy Court, up 15.2% year-over-year. #NewsismyBusiness
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San Juan Marriott Resort & Stellaris Casino in midst of $28M renovation
December 4, 2023
The project should be completed by the end of 2024. #NewsismyBusiness
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