Medical device maker Medtronic Puerto Rico Operations Co. is marking a milestone — 40 years of presence on the island — with a strong track record and expectations for maintaining its status as a “hub” of innovation for the global giant.
Pilot 151, a co-working space in San Juan whose mission is to enable entrepreneurs to create global companies in an environment conducive to productivity and innovation, was one of 50 accelerators chosen to receive a $50,000 cash prize from the U.S. Small Business Administration.
Puerto Rico’s retail sales reflected a slight 1.7 percent jump year-over-year in June, when economic activity exceeded $3.1 billion, according to data released by Puerto Rico Trade and Export Wednesday.
Telecommunications provider Claro announced Wednesday it has been selected by medical solutions firm DgMed to provide mobile broadband services to assist medical staff convey health-related data for patients receiving hospice or home care.
Nissan announced Wednesday it has delivered the first two Nissan LEAF all-electric vehicles, appropriately, to a family-owned business dedicated to renewable energy projects.
Puerto Rico improved its standing in the World Economic Forum’s annual Global Competitive index, taking 32nd place in the 2014-2015 list and climbing two notches from last year.
Several decades after the term was first tossed around as a potential revenue-generator for Puerto Rico, high-ranking government officials announced Tuesday the start of a formal effort to develop medical tourism as an economic sector for the island.
Following a $200,000 investment, the Subway restaurant chain recently opened eight stores in Puerto Rico under the new “Metro décor” prototype, whose goal is to provide a nicer ambiance for customers while responding to public preferences and current industry trends, company officials said Tuesday.
Local Redevelopment Authority for Roosevelt Roads, known as LRA for short, announced Sunday that four entities to move on to the final round of the process to choose a master developer for the former naval base in Ceiba.
Nova Southeastern University President George L. Hanbury, on hand for the official inauguration of the college’s new regional campus in Puerto Rico, said Thursday among the institution’s goals is becoming a “gateway to Central and South America for education and the health sciences.”
The Corporation for the Supervision and Insurance of Puerto Rico Cooperatives, known as COSSEC in Spanish, has adopted a new policy of modernization, innovation and technology to facilitate information between co-ops and the government, President Daniel Rodríguez-Collazo said Thursday.
America Cruise Ferries, the company offering maritime connections between Puerto Rico and the Dominican Republic, announced Thursday it has opened sales branches at the Walmart stores in Carolina and Santurce.
Destination Marketing Organizations such as Meet Puerto Rico need to focus their agendas on three specific areas to capitalize on growth opportunities within the travel and tourism industry, an expert in the field said Wednesday, citing the results of a recent study.
Top management changes are in order at some of Puerto Rico’s most prominent businesses, namely an ad agency, a major retailer and a hotel.
Doral Financial Corp. and Puerto Rico government officials were back in the public eye Tuesday, when both parties took to the media to defend their reasons for a collapse in court-ordered negotiations regarding a $229 million tax refund the former is claiming, and the latter rescinded.
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