CPI sues gov’t over refusal to disclose hedge fund info
July 14, 2015
The Center for Investigative Journalism filed a civil suit Monday against the government over its refusal to provide the names of the hedge funds that are getting ready to renegotiate or demand complete payment of Puerto Rico’s public debt.
chat_bubble0 Comment
visibility5544 Views
Crowley joins list of private-sector supporters of HR870
July 14, 2015
Maritime shipping company Crowley recently added its name to a long list of private-sector companies that have thrown their support behind HR 870, known as the Puerto Rico Chapter 9 Uniformity Act of 2015, which seeks to extend bankruptcy protection to the island’s public instrumentalities.
chat_bubble0 Comment
visibility3081 Views
Private sector to work with gov’t on fiscal solutions
July 13, 2015
Representatives from 20 of Puerto Rico’s largest private-sector organizations expressed their willingness to work with the government’s task force on proposals to restructure the island’s fiscal issues.
chat_bubble0 Comment
visibility3485 Views
Puerto Rico youth pursuing better salaries, promotions
July 9, 2015
A recent study by Universia shows that 39 percent of Puerto Rico’s youth and student population is looking to improve their salaries, while 23 percent are looking to get promoted.
chat_bubble0 Comment
visibility3612 Views
Hospitality, retail, banking sectors appoint executives
July 9, 2015
The private sector has been actively appointing new executives to high-ranking positions in a broad spectrum of industries. Following are several announced in recent months.
chat_bubble0 Comment
visibility3899 Views
Groups that sued gov’t over Recovery Act react to ruling
July 8, 2015
The creditors who sued the Puerto Rico government over the legality of the Debt Enforcement and Recovery Act said Tuesday the decision by the U.S. Court of Appeals to uphold a San Juan court’s determination that it was unconstitutional “protects bondholders across the United States.”
chat_bubble0 Comment
visibility3900 Views
Suzuki expands into marine parts out of Carolina site
July 8, 2015
Suzuki del Caribe is looking to reinvent itself by expanding into the distribution of marine products out of its new 30,000 square-foot warehouse at located at the Sabana Gardens Industrial Park in Carolina.
chat_bubble0 Comment
visibility3684 Views
IHOP, Pizza Hut open at Plazoleta del Cantón in Bayamón
July 8, 2015
Two restaurant chains, IHOP and Pizza Hug, have opened new locations at the Plazoleta del Cantón in Bayamón, operators announced separately on Tuesday.
chat_bubble0 Comment
visibility9633 Views
H. Calero: Migration, cash crunch to limit econ. growth
July 6, 2015
Two significant problems Puerto Rico is currently dealing with — a significant migration and a government cash crunch — will limit economic growth for at least five years, local economist firm H. Calero Consulting concluded in the most recent edition of its “Pulse” publication.
chat_bubble1 Comment
visibility3149 Views
Palmas del Mar goes solar with $227K installation
July 6, 2015
The Palmas del Mar Homeowners Association recently inaugurated a $227,000 photovoltaic project, the first at Palmas del Mar, which will supply the electrical needs of it’s main building, an 11,000 square-foot facility.
chat_bubble0 Comment
visibility5491 Views
Puerto Rico bankruptcies +3% in June, -7% so far in ’15
July 2, 2015
Island bankruptcy cases for the month of June were up 3 percent, with total liquidation cases filing leading the pack, a preliminary tally from Boletín de Puerto Rico released Wednesday showed.
chat_bubble0 Comment
visibility2596 Views
FirstBank, Gustazos partner to offer points for purchases
July 2, 2015
FirstBank and Gustazos.com, an online platform that sells group discount offers, recently joined forces to provide additional benefit to the bank’s customers in the form of credit card points.
chat_bubble0 Comment
visibility4839 Views
P.R. governor creates work group to restructure debt
June 30, 2015
Puerto Rico Gov. Alejandro García-Padilla announced Monday a multi-pronged plan to address the island’s fiscal crisis to work with creditors on restructuring what he described as the “unpayable” $73 billion debt.
chat_bubble0 Comment
visibility3821 Views
Puerto Rico to host ICANN conference in fall of 2016
June 29, 2015
The Internet Corporation for Assigned Names and Numbers, known as ICANN, will host its third public meeting of 2016 in Puerto Rico, from Oct. 29 to Nov. 4, the organization announced late last week.
chat_bubble0 Comment
visibility4035 Views
Toyota Foundation opens environmental grant cycle
June 29, 2015
The Toyota Foundation recently opened this year’s environmental grant cycle, allocating $100,000 to subsidize the work of several community-based and nonprofit organizations focused on environmental issues.
chat_bubble0 Comment
visibility3480 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA