Grupo Sol to invest $30M to roll out Mobil brand in Puerto Rico
September 16, 2022
With the rebranding, Sol Puerto Rico will also introduce a pay-at-the-pump option and a loyalty program.
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Bed, Bath & Beyond confirms closure of Plaza del Sol store
September 16, 2022
When the two-story Bayamón store closes, there will be a single Bed, Bath & Beyond location left in Puerto Rico.
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Sobao coffee shop inaugurates Isla Verde location, more planned
September 14, 2022
Plans call for opening locations in Caguas, Guaynabo, and Dorado by 2024.
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OCIF shuts down Athena Bitcoin’s Puerto Rico operations
September 13, 2022
The agency determined Athena’s failure to comply with licensing requirements under Puerto Rico laws.
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Puerto Rico new auto sales down 6.7% Y-O-Y in August
September 12, 2022
The industry is still dealing with a shortage of production components.
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4 new Arby’s restaurants to open by year’s end; 4 more in early ’23
September 6, 2022
The Arby’s restaurant chain is growing briskly in Puerto Rico, with the upcoming opening of four new locations by year’s end, and another four in the pipeline for early next year, Carlos Budet, president of FransGlobal Inc., which operates the franchise, confirmed. Each restaurant entails an investment of between $1.6 million and $2 million, and […]
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JetBlue Foundation awards $25K to UAGM for aviation program
September 5, 2022
The JetBlue Foundation is accepting applications for its next grant cycle through Sept. 30.
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Sam’s Club to increase membership fees effective Oct. 17
September 1, 2022
It has been nine years since Sam's last membership fee increase.
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Embassy Suites in Dorado inaugurates $14M Blue Dolphin casino
August 30, 2022
The owners will invest another $10 million in the other entertainment areas.
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New hotel opening in Isla Verde before year’s end
August 22, 2022
Meanwhile, the fate of the former Empress Hotel is still up in the air.
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US Deputy Secretary of Labor Su mindful of Puerto Rico’s job market
August 22, 2022
Su met with different members of Puerto Rico's labor sector to discuss strategies moving forward.
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RFP opens for $16M research facility planned for Roosevelt Roads
August 18, 2022
The project will be built in conjunction with Bluetide Puerto Inc.
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2 former St. Clair properties sold for $24.4M after foreclosure
August 17, 2022
The two firms bought the properties after the original owner defaulted on loans.
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Popular Inc. sells all shares in Evertec for $220M
August 16, 2022
Popular will report an after-tax gain of approximately $131 million.
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Roberto Clemente’s family sues Puerto Rico gov’t for $45M
August 8, 2022
Clemente's sons are suing for copyright infringement.
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