Plaza del Caribe adding Longhorn Steakhouse
December 10, 2012
As part of the $3.5 million remodeling of the Plaza del Caribe shopping center’s food court, mall operators recently confirmed the addition of the first Longhorn Steakhouse restaurant to open in Puerto Rico’s southern region, and the sixth on the island. The eatery will occupy 6,580 square feet of the food court and is expected to open in April.
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Bella Group takes over Mazda’s Puerto Rico operations
December 7, 2012
Mazda North American Operations announced the appointment of International Automotive Distributor Group, LLC (IADG), the newest venture of Bella Group, as the distributor for Mazda cars and sport utility vehicles throughout Puerto Rico and the U.S. Virgin Islands, effective Dec. 28, 2012.
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Columbus Networks pumping $7M into Puerto Rico operation in ’13
December 7, 2012
Columbus Networks plans to invest $7 million to continue expanding its broadband infrastructure in Puerto Rico next year, adding to the $10 million the company has already pumped into its local operation since arriving to the island in 2010.
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2nd edition ‘App Idol’ competition winners chosen
December 7, 2012
A group of talented young Puerto Ricans got a chance to demonstrate their technological and creative savvy in mobile applications during the second edition of the “App Idol, Reloaded” competition sponsored by Microsoft Puerto Rico, the Economic Development and Commerce Department and the Puerto Rico Gamers Association.
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Ex Puerto Rico Treasury Sec. Méndez to head Doral’s retail, mortgage banking
December 6, 2012
Doral Bank President Glen Wakeman today announced the appointment of Jesús Méndez as executive vice president of operations of the bank’s retail and mortgage banking operations in Puerto Rico.
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U.S. Census survey gauges Puerto Rico’s schooling, jobs, housing
December 6, 2012
Salinas is the town with the highest level of preschool or nursery school enrollment, while Dorado has Puerto Rico’s highest level of residents holding at least a bachelor’s degree, according to the recent American Community Survey released Thursday by the U.S. Census Bureau.
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Guayacán picks EnterPRize competition winners
December 6, 2012
CitaMed.net, a start-up company that offers a fully automated medical appointment confirmation service for doctors appointments and other healthcare-related visits walked away as this year’s winner of the eighth annual edition of the “EnterPRize” business plan competition, sponsored by Grupo Guayacán.
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Toyota introduces Avalon ’13, hybrid model next year
December 6, 2012
Toyota de Puerto Rico unveiled Wednesday its new, redesigned Avalon 2013, which combine styling, innovation, and an elevated level of craftsmanship to help reposition the flagship sedan within the highly competitive premium mid-size segment.
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Latest boycott of ‘La Comay’ could be costly for WAPA TV
December 5, 2012
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.
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CNE: Gov’t will have 90 days to lay out fiscal plans
December 5, 2012
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.
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Inteco launches regional broadband network
December 5, 2012
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.
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Visa: Latin American commercial spending at $7.8T in ’11
December 5, 2012
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.
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Sea Star parent orders 2 $350M eco-friendly cargo ships
December 5, 2012
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.
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Eaton closes acquisition of Cooper Industries
December 5, 2012
Diversified industrial manufacturer Eaton Corporation plc and electrical equipment supplier Cooper Industries plc announced Tuesday that Eaton has completed its acquisition of Cooper.
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US DOL sues Sabana Grande farmer over unpaid minimum wage
December 4, 2012
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.
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