Fatburger, Buffalo’s Express to open 10 restaurants in Puerto Rico
June 21, 2022
FAT Brands is partnering with local franchisee Conceptos Restaurants to launch the local chain of eateries.
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Puerto Rico gov. signs new Labor Reform Act to expand workforce
June 21, 2022
The new law drew immediate reaction from the private sector, which slammed it.
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Journeys E-Scooter startup sues Aguadilla mayor for $3.2M
June 17, 2022
The plaintiffs seek compensation for business losses and punitive damages, among other claims.
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Report: Puerto Rico’s string of crises made resiliency cornerstone of tourism strategy
June 15, 2022
Puerto Rico is one of the destinations featured as a case study.
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ESJ Towers Inc. files for Ch. 11 bankruptcy, citing $39M in debt
June 13, 2022
The building reportedly owes about $117,000 to PRASA and another $1.2 million to Luma Energy.
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T-Mobile quickly deploying Ultra Capacity 5G in Puerto Rico
June 13, 2022
T-Mobile has retrofitted 66% of its sites across Puerto Rico with the Ultra Capacity technology.
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B. Fernández & Hnos. sues Anheuser-Busch for $10M for contract breach
June 9, 2022
The case has been assigned to US District Court Judge Pedro A. Delgado-Hernández.
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Food distributor José Santiago Inc. sues Smithfield Foods for $30M
June 1, 2022
José Santiago Inc. has asked the court for a preliminary injunction preventing Smithfield from ending the current contract.
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Digital media still king in Puerto Rico; News is my Business among top independent outlets
May 13, 2022
Online purchases hold steady even after the reopening of the economy.
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Puerto Rico’s new car sales remain flat YoY in April
May 11, 2022
Accrued demand in Puerto Rico for the January-April period totaled 43,543 units.
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Hemisphere Media Group to pick up WKAQ AM, KQ105 FM radio stations
May 9, 2022
The financial terms of the deal were undisclosed.
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Liberty Puerto Rico reports $369.3M in 1Q22 revenue
May 5, 2022
Liberty Puerto Rico's quarterly results remained steady YoY.
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Popular to build new $300M corporate campus in Hato Rey
May 4, 2022
The project will be financed through a capital investment made by Banco Popular.
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Evertec to launch PlacetoPay platform in Puerto Rico during 2Q22
May 2, 2022
Evertec CEO Mac Schuessler confirmed the company’s plans in a call with industry analysts to discuss its first quarter results.
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FirstBank CEO: ‘It’s Puerto Rico’s time to achieve economic growth’
April 29, 2022
First quarter results included $11.3 million in merger and restructuring in connection the bank's acquisition of Banco Santander.
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