US Treasury injects $226M into Puerto Rico’s credit unions
April 11, 2023
Credit union leaders celebrated the “largest injection of external capital in history.” #NewsismyBusiness
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Río Grande company wins SBA’s top national recognition
April 10, 2023
The firm, headed by CEO Israel Álvarez, was named the 8(a) program “Graduate Firm of the Year.” #NewsismyBusiness
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Jewelry maker David Yurman sues local business for knocking off pieces
March 28, 2023
Yurman is defending its “Cable Classics” and “Renaissance” bracelet designs, which it refers to in the lawsuit as its “Yurman Design Marks.” #NewsismyBusiness
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160-ft. FlyDining hanging restaurant concept to open in Puerto Rico
March 27, 2023
The restaurant will have a fixed location in Puerta de Tierra and may host pop-up events in other locations. #NewsismyBusiness
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Puerto Rico event producers sue coliseum manager over control of ticket sales
March 22, 2023
The plaintiffs believe that they are legally authorized to choose their ticket vending provider.
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Puerto Rico banking system ‘solid, safe’ from CA, NY bank meltdowns
March 14, 2023
“Banks in Puerto Rico are sufficiently well-capitalized and strategically diversified, so their customers’ deposits are completely safe," said OCIF Commissioner Natalia Zequeira.
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Dulce Masa thrives as a woman-owned bakery in Puerto Rico’s Florida
March 9, 2023
The business plan is to become a place for tourists to visit outside the San Juan metropolitan area.
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Zezgo Rent a Car opens 1st location in Puerto Rico with local partner
March 6, 2023
In Puerto Rico, the company has chosen International Rental Corp. as its master franchisee.
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Puerto Rico businesses, consumers weary of island’s economic panorama
March 3, 2023
Energy costs, persisting worker shortage and Puerto Rico’s tax load are the three main concerns.
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FAA seeks to make airspace between LMM and Isla Grande airports safer
March 1, 2023
The FAA embarked on the public discussion following several studies to ensure that the airspace between the two airports is safe.
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Plaza Loíza adopting solar energy to slash costs at its stores by 60%
February 28, 2023
The first store at the Metrópolis shopping center in Carolina should be ready by year's end.
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Liberty Puerto Rico reports $1.4B in full year ’22 revenue; $374M in 4Q
February 27, 2023
Puerto Rico is the largest market for Liberty Latin America, which also has operations in Costa Rica, Panama, and the Caribbean.
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Scale AI to invest $2M in Smart Port Lab at the Port of Ponce
February 17, 2023
Private firm partners with Ponce Port Authority to develop next-generation project.
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Spirit Airlines to add new routes from San Juan, a $12M impact
February 15, 2023
New nonstop routes to Atlanta, Chicago, Dallas, Detroit and Hartford launch by June with introductory fares starting as low as $59 one way.
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Municipality of San Juan signs 30-yr. lease with Normandie Hotel owners
February 14, 2023
The property is "salvageable," the owners said.
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