OFG Bancorp reports $608M in ’22 revenue, $168M in 4Q22
January 27, 2023
The bank spent 2022 "deploying technology, expanding, and improving our network and investing in people and talent."
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Popular Inc. earns $1.1B in ’22, up from prior year
January 26, 2023
The bank also reported net income of $257.1 million for the quarter ended Dec. 31, 2022.
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Airport Shoppes invests $700K to open Udon restaurant at airport
January 24, 2023
The 1,200 square-foot location created 20 direct jobs and has the capacity to sit 25 customers.
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Top 10 most-read stories in News is my Business in ‘22
December 26, 2022
Tourism, retail, and technology news stories were among the most popular for our readers in 2022.
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MrBeast Burger opens 1st ‘ghost kitchen’ in Puerto Rico
December 14, 2022
MrBeast Burger, the restaurant business owned by American YouTuber Jimmy Donaldson, has landed in San Juan.
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White House assigns $164M to further broadband access in Puerto Rico
December 7, 2022
Economic growth issues such as improving Puerto Rico’s power grid, boosting agriculture, and establishing inter-agency agreements between Puerto Rico and stateside counterparts were discussed.
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Passenger traffic up 4% Y-O-Y at LMM Int’l Airport in Nov.
December 7, 2022
During the first 11 months of the year, more than 9.3 million passengers used the LMM.
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16 Puerto Rico towns join $100B suit against big oil, coal co.’s
November 29, 2022
Bayamón Mayor Ramón Luis Rivera said any settlement obtained would be used for the town's ongoing renewable energy projects.
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Pandemic changed the workplace, now laws must catch up
November 24, 2022
Labor law attorneys discuss how the new trends are affecting not just companies across the US mainland, but also in Puerto Rico.
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FCC learns of Puerto Rico energy co.’s refusal to work with telecoms post storms
November 18, 2022
Recovery progress reports should flow better from the energy companies and the telecom providers.
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Municipality of San Juan proposes ordinance to track short-term rentals
November 17, 2022
The San Juan municipal government could shore up some $1.6 million in license fees from 3,792 short-term rental operators in the capital city.
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Tech fertilizes efficiency, resiliency in Puerto Rico’s agriculture
November 14, 2022
Finca Explora is not only integrating tech in different ways, but is also constantly looking to innovation for different purposes.
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Puerto Rico poised to become global force in AI development
November 11, 2022
The recent sale of San Juan-based software engineering company Wovenware to Maxar Technologies is positioning Puerto Rico to become a global force in the development of Artificial Intelligence (AI), to which the former firm has been dedicated to since its inception in 2003. In an interview with News is my Business, Carlos Meléndez, who along […]
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Hurricane Fiona cost Liberty Puerto Rico $12M in 3Q22
November 9, 2022
The Category-1 storm hit at the tail-end of the quarter, on Sept. 18, causing island wide power outages that interrupted service.
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Roosevelt Roads Aviation Services leases Ceiba airport facility for new MRO
November 9, 2022
The private firm will lease a 52,000 square-foot hangar and another 55,000 square feet of open space at the airport.
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