GDB President Carlos García (Photo credit: ©Mauricio Pascual) Government Development Bank President Carlos García will be stepping down from his post effective March 1, the official confirmed Wednesday. He will be succeeded by Juan Carlos Batlle, another banker.García’s resignation comes two years after he accepted the job, leaving his position as COO of Santander BanCorp […]
Enrique Ortiz de Montellano For the second time in as many days a local wireless provider has jumped into the 4G arena. On Wednesday Claro de Puerto Rico announced the start of its next-generation wireless service, with an investment of $240 million. The HSPA+ network covers 80 percent of Claro’s footprint, including Vieques, said Claro […]
Michigan-based mega books retailer Borders Group filed for Chapter 11 bankruptcy protection in a New York court on Wednesday, confirming industry reports that it would seek to reorganize deteriorated finances.
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