Economic uncertainty has led many companies to face delicate financial situations, often leading to defaulting on their credit. But because good credit management is key to protecting against default, the Puerto Rico Rico Products Association will sponsor a seminar Nov. 14 to provide strategies to avoid pitfalls.
Exactly one week after Liberty Cablevision got the go-ahead from the Puerto Rico Telecommunications Regulatory Board to buy OneLink Communications, today the company announced it has closed the $585 million deal.
JetBlue Airways, Puerto Rico’s largest carrier, announced Thursday plans to add two routes from San Juan: Punta Cana and Santiago, in the Dominican Republic, starting in May 2013. The routes will fill a gap left by American Eagle when it scaled back operations out of the Luis Muñoz Marín Airport.
Chilean protein exporter Agrosuper has been doing business in the Puerto Rico food industry since 1996, when it began providing cuts of meat to a local distributor. Since then, company sales have multiplied five-fold, selling nearly 17 million pounds of protein products this year.
In its annual environmental list of the 500 largest publicly traded stateside companies, Newsweek ranked AMR Corporation, parent company of American Airlines, the best among U.S. airlines and the second best in the transportation and logistics category.
Now that the dust has settled on one of Puerto Rico’s most contentious political campaigns and elections, the island’s private sector is hopeful that government officials, especially Governor-elect Alejandro García-Padilla, will set aside partisan bickering to work together to re-energize and move the economy forward.
“App Idol Reloaded,” the sequel to the application and video game design competition launched last year to uncover talented developers in Puerto Rico, will kick off next week, organizers announced Wednesday.
WorldNet Telecommunications recently invited business consultant Kent Billinsley, founder and president for The Revenue Growth Company, to share his knowledge, secrets and strategies on how to improve business revenue with local business leaders.
The results of today’s elections will play a big role in the Puerto Rico School of Engineers and Land Surveyors’ plans and strategies for the coming year, not only in benefit of the organization’s 11,500 members, but for Puerto Rico in general.
Responding to its belief that education opens the doors of progress, the Oriental Fund confered scholarships to college students and two grants to organizations working with financial education in communities worth a combined $37,000.
Applebee’s in Puerto Rico is inviting veterans and active military personnel to a free meal on Veterans Day this Sunday at its Plaza Las Américas, Mayagüez and Dorado restaurants.
Hacienda Gosen, a food processing plant in Moca, will receive a $200,000 subsidy from the Agriculture Department to establish a solar energy system and two other mechanisms to recycle vegetable oil and waste, the agency announced.
Evertec Group, LLC has received a 15-year tax grant from the Puerto Rico government under the Tax Incentive Act 73 of 2008, in exchange for several long-term commitments including a $200 million investment during the life of the benefit, company officials said.
Six months after introducing its mobile banking application for the iPhone and iPod touch, Banco Popular de Puerto Rico announced the launch of the version for Android devices.
AT&T wireless customers seeking to help those affected by Hurricane Sandy along the hard-hit northeastern seaboard states can use their mobile devices to text donations to the American Red Cross, Salvation Army or American Humane Society, the carrier said.
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