Automotive industry executive Luis Otero-Díaz, who has 14 years of experience with a number of luxury brands, has been appointed to the helm of Jaguar Puerto Rico.
Oriental Financial Group Inc. announced Thursday it is looking to raise some $45.7 million from the sale of 4,390,243 shares of its common stock at a price of $11.10 per share.
In the midst of the worst drought the U.S. mainland has witnessed in more than 50 years, which has significantly increased food prices worldwide, the Agriculture Department has earmarked $3.7 million to help Puerto Rico farmers address higher feed and production costs, agency Secretary Neftalí Soto said Thursday.