Puerto Rico pursuing Boeing’s manufacturing business
December 4, 2013
Puerto Rico government officials confirmed Tuesday the García-Padilla administration is working on a proposal to persuade aerospace giant Boeing to build its new 777X aircraft on the island, which could create thousands of jobs and billions of dollars in much-needed economic activity.
chat_bubble0 Comment
visibility6078 Views
Crowley to use San Juan as Caribbean transshipment hub
December 4, 2013
Less than a week after disclosing plans to invest new vessels to serve the Puerto Rico route, maritime shipper Crowley and the Gov. García-Padilla administration announced Tuesday the company’s plans to turn the island into its export hub for the Caribbean.
chat_bubble0 Comment
visibility3153 Views
Puerto Rico CIO hosting 1st UX/UI Bootcamp event
December 3, 2013
The Puerto Rico Office of the CIO, in conjunction with the Science, Technology and Research Trust, will host the first UX/UI Bootcamp Empirical Design Marathon to develop a style guide that defines best practices for design, flow, navigation and structure of the government’s information systems.
chat_bubble0 Comment
visibility3194 Views
Point Guard lands Puerto Rico certificate of authority
December 3, 2013
Point Guard Insurance announced Monday it has obtained the required certificate of authority issued by the Puerto Rico Insurance Commissioner’s Office, officially becoming the island’s newest new property and casualty insurer.
chat_bubble0 Comment
visibility3644 Views
Scrub Island files Ch. 11 to deflect FirstBank receivership
December 2, 2013
Scrub Island Development Group Ltd., the owner of a posh resort in the British Virgin Islands, has filed for Chapter 11 protection in a Florida bankruptcy court to ward off a request for receivership granted to FirstBank Puerto Rico through which it seeks to collect on a $108 million loan.
chat_bubble0 Comment
visibility3465 Views
eCoupons.com lists Cyber Monday sites for Puerto Rico
December 2, 2013
eCoupons.com, a direct marketing and technology company founded in 2002 that provides people with savings online, announced it created a directory of Cyber Monday sales to help shoppers navigate today’s online sales.
chat_bubble0 Comment
visibility3997 Views
Prepa Networks building new $26M HQs in Isla Verde
November 27, 2013
Prepa Networks, a subsidiary of the Puerto Rico Electric Power Authority that provides next-generation network infrastructure to carriers and business sectors looking to provide a variety of telecommunications services, will be building new $26 million headquarters in Isla Verde, the company disclosed Wednesday.
chat_bubble0 Comment
visibility7928 Views
Crowley to pay $350M for 2 new eco-friendly vessels
November 27, 2013
Maritime shipping company Crowley has placed an order for two faster and environmentally friendly liquefied natural gas (LNG)-powered, combination container – Roll-On/Roll-Off (ConRo) ships that will be used to serve the U.S. mainland-Puerto Rico route.
chat_bubble0 Comment
visibility4759 Views
MassMutual approves record $1.49B dividend payout
November 27, 2013
Massachusetts Mutual Life Insurance Company (MassMutual) recently announced that its Board of Directors has approved the company’s largest dividend payout ever in the company’s history for 2014: a payout estimated at $1.49 billion to eligible participating policyowners.
chat_bubble0 Comment
visibility4242 Views
Puerto Rico’s financial system reports 2% asset drop
November 26, 2013
Puerto Rico’s financial system — which comprises local and international commercial banks, cooperatives, mortgage and investment companies, and public banks, among others — reported $147.6 billion in assets during the third quarter of 2013, down about 2 percent from the $151.2 billion on record for the same period in 2012.
chat_bubble0 Comment
visibility3584 Views
AmEx extends ‘Small Business Saturday’ to Puerto Rico
November 26, 2013
Credit card company American Express will celebrate “Small Business Saturday” for the first time in Puerto Rico on Nov. 30.
chat_bubble0 Comment
visibility24917 Views
J&J grants $80K in scholarships to 50 UPR nursing students
November 26, 2013
Johnson & Johnson granted this year a total of $80,000 in scholarships to 50 nursing students at the University of Puerto Rico as part of a donation program designed to build capacity in the health system.
chat_bubble0 Comment
visibility3349 Views
Puerto Rico cancer center opening $8.3M office in Miami
November 25, 2013
Caribbean Radiation Oncology Center in Bayamón is planning to build a new state-of-the-art facility in Miami, where it will create 22 jobs through $8.3 million in capital investments to expand beyond Puerto Rico’s shores.
chat_bubble0 Comment
visibility4351 Views
Family Market reaches $119K in sales in single day
November 25, 2013
The Family Market, an initiative between the Puerto Rico Family and Agriculture Departments that seeks to promote the purchase of fresh products among nutritional assistance program beneficiaries, broke a record last Friday when participants bought $119,000 in items from local farmers.
chat_bubble0 Comment
visibility2775 Views
Chef José Andrés rolls food truck into Dorado Beach
November 25, 2013
The food truck craze that has invaded Puerto Rico has reached the Dorado Beach Resort and Club with the arrival of the rolling kitchen owned by Spanish Chef José Andrés.
chat_bubble0 Comment
visibility3430 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA