2 UPR-Mayagüez students to participate in IBM contest
March 26, 2014
Two information technology students from the University of Puerto Rico’s Mayagüez Campus will join a select group of competitors from 23 countries around the globe that will take part in the IBM Master the Mainframe World Championship a first-of-its-kind, premiere enterprise computing competition.
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Doral migrating assets to U.S. to reduce local exposure
March 25, 2014
Upon wrapping up what company officials called “a difficult year,” Doral Financial Corp. is looking to reduce its exposure to Puerto Rico’s economic problems by migrating its assets to its U.S. mainland business, company CEO Glen Wakeman said during a Monday afternoon earnings conference call.
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T- Mobile to pay customers up to $650 per line to switch
March 25, 2014
A month after setting out to “free” wireless customers from service contracts, T-Mobile Puerto Rico kicked its offer up a notch Monday by offering up to $650 per line to clients from other companies that make the switch.
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Treasury: 32 Palmas del Mar businesses fined $373K
March 25, 2014
Thirty-two businesses operating in the upscale Palmas del Mar community in Humacao are facing a collective $373,000 in fines for failing to remit sales and use tax (known as IVU in Spanish) payments to the agency.
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Puerto Rican teams headed to world robotics competition
March 25, 2014
A delegation comprising 27 teams of elementary, middle and high school students will be traveling to Anaheim, CA next month to represent Puerto Rico in the VEX Robotics World Championship 2014, the Puerto Rico Institute of Robotics announced.
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Claro unveils eco-friendly, next-generation technology
March 25, 2014
Telecommunications provider Claro Puerto Rico recently unveiled a range of next-generation services focused on preserving the environment, including high-efficiency equipment.
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Rosa Mexicano opens 19th eatery in Paseo Caribe
March 24, 2014
Fine dining eatery Rosa Mexicano is opening the 19th restaurant in its chain today, when it will also become the first commercial tenant of the upscale real estate development Paseo Caribe in San Juan.
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Puerto Rican banking veteran González to head FHLBNY
March 21, 2014
The Federal Home Loan Bank of New York announced Thursday that José R. González has been named president and chief executive officer of the FHLBNY effective April 1, 2014.
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AT&T expands Internet coverage in Plaza Las Américas
March 21, 2014
As part of its continuing network investment to support growing demand for advanced wireless devices and services, AT&T Puerto Rico has expanded its mobile Internet coverage at the Plaza Las Américas Mall by completing the installation of a new Distributed Antenna System to enhance the customer experience throughout the facility.
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Liberty Puerto Rico faces $10K FCC fine over unlit tower
March 21, 2014
The Federal Communications Commissions this week issued a $10,000 fine against Liberty Puerto Rico for running an unlit antenna in Vega Baja, in violation of the federal regulations and the agency’s rules.
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105 businesses on Piñero Ave. not up to fire code
March 21, 2014
A round of inspections by the Puerto Rico Fire Department of businesses located along busy Piñero Avenue in San Juan uncovered that dozens of commercial establishments are not up to code, agency Chief Ángel Crespo-Ortiz said Thursday.
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Carrión: P.R. ‘at threshold of 2nd economic transformation’
March 20, 2014
Puerto Rico is at the threshold of a second economic transformation — from an industrial to a knowledge-based and services economy — and has the necessary infrastructure to pull out of its current crisis and build a “stronger and more vibrant economy.
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Saborea Puerto Rico culinary fest returns April 4-6
March 20, 2014
The Puerto Rico Hotel and Tourism Association offered details Wednesday of this year’s edition of Saborea Puerto Rico: A Culinary Extravaganza, which trade group President Clarisa Jimenez called “the most important culinary event in the Caribbean.”
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Feds certify 30 local companies for highway contract bids
March 20, 2014
The Puerto Rico Highway and Transportation Authority confirmed Wednesday that 30 local companies have been certified to participate in bids for federally funded highway and transportation projects, which will help “strengthen the economy and improve the quality of life.”
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Electricity costs taking a bite out of restaurant business
March 19, 2014
Payroll, food and electricity represent the three major expenses for Puerto Rico restaurants, which are feeling the crunch of rising costs all-around, Restaurant Association President Carlos Morell said Tuesday during a public hearing at the Senate.
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