The backlash generated in response to recent comments made by puppeteer Antulio “Kobo” Santarrosa through his television show “SuperXclusivo” and female alter-ego “La Comay” about a gruesome murder that took place over the weekend could take a significant bite out of WAPA TV’s (Ch. 4) advertising revenue, as a handful of its major corporate sponsors pulled their ads from the prime-time slot Wednesday.
Come January, when the new administration headed by Gov.-elect Alejandro García-Padilla takes over the reins of the government, it will have 90 days or so to present stateside credit agencies a “viable and concrete” plan outlining its strategy to tackle Puerto Rico’s fiscal problems, executives from the Center for the New Economy said Tuesday.
The Central Eastern Technological Initiative, or Inteco, launched its ambitious $16.3 million broadband network project that will benefit a 10-town region through advanced Internet access Tuesday, a little more than a year after announcing its plans.
Visa Inc. released its annual global Commercial Consumption Expenditure index, which estimates that commercial spending — including small, medium, large and governments — in Latin America and the Caribbean reached $7.8 trillion dollars in 2011.
New Jersey-based TOTE Inc. has contracted General Dynamics NASSCO to design and build two 764-foot TEU liquefied natural gas-powered containerships to serve the Puerto Rico maritime trade route, with options for three more vessels for additional domestic service, the companies announced Tuesday.
Diversified industrial manufacturer Eaton Corporation plc and electrical equipment supplier Cooper Industries plc announced Tuesday that Eaton has completed its acquisition of Cooper.
The U.S. Department of Labor has filed a lawsuit against agricultural employers José V. Fabre Laboy, doing business as Bananera Fabre, and his son, José V. Fabre Santiago, doing business as Finca La Plata, for failing to pay their workers the minimum wage as required by the Fair Labor Standards Act.
AT&T de Puerto Rico Rico has turned on its 4G Long-Term Evolution network in the Yauco, Guayama and the San Germán-Cabo Rojo, adding 26 new towns to its service footprint outside the San Juan metropolitan area, the company announced Monday.
U.S. foundations awarded 263 grants totaling $10.5 million between 2007 and 2009 to recipient organizations in Puerto Rico. But despite the island’s higher poverty rate, stateside foundations gave proportionally less to the territory compared to some states with a similar number of Latinos, according to the “Foundation Funding for Hispanics/Latinos in the U.S. and for Latin America,” study conducted by Hispanics in Philanthropy.
San Diego, CA-based pet specialty retailer Petco quietly opened its first store in Puerto Rico Monday in Río Piedras, setting up shop in a 11,000 square-foot space that houses a full line of grooming services and dog training as well as a watersports department.
Because breakfast is the most important meal of the day, food distributor Happy Products this week loaded up three trucks with more than 13,000 boxes of cereal to be donated to several nonprofits in Puerto Rico.
Oriental Financial Group Inc. announced today it has received all regulatory approvals necessary to close its previously announced $500 million acquisition of Banco Bilbao Vizcaya Argentaria, S.A.’s Puerto Rico operations.
Puerto Rico’s current economy is smaller and less populated than when many of its legal and government structures were effected, making it necessary to refocus development policies to be able to move forward.
New York’s Culinary Loft was the scene of a recent tasting the flavors of Puerto Rico, attended by members of the media specializing in tourism and gastronomy, including stateside magazines, newspapers and website, the Tourism Company announced.
Seven institutions that contribute significantly to strengthening the Puerto Rican welfare were the recipients of a combined $145,000 from Liberty de Puerto Rico, collected during the 16th edition of the its Invitational Golf tournament.
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