Former San Juan retailer slapped with $150K federal counterfeiting fine
March 8, 2022
Cartier asked the court for statutory damages for infringement to three of its jewelry trademarks.
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US Department of Agriculture assigns $1M to repair Añasco dams
March 4, 2022
Both structures are currently listed as high-hazard dams requiring rehabilitation to extend the service life and met current dam safety requirements.
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Pizzaiolo Brazilian restaurant ‘closed until further notice’
March 1, 2022
Pizzaiolo was established in 1998.
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Boston-based conservation org. sues Schnitzer Puerto Rico Inc. over pollution
February 28, 2022
The Conservation Law Foundation is seeking actions that could lead to a $46 million penalty that would be paid to the US Treasury.
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Popular buys fintech assets from Evertec for $197M, extends commercial contracts
February 25, 2022
The transaction is expected to close on or about June 30, 2022.
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Insurance co.’s, credit union name new Puerto Rico execs
February 25, 2022
This edition of Climbing the Corporate Ladder features new executive appointments at two of Puerto Rico’s main insurance companies and a credit union.
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4-mall portfolio, including Plaza Los Prados in Caguas, sells for $80.25M
February 24, 2022
[BREAKING] The portfolio comprises 555,016 of square feet of commercial space.
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Liberty Puerto Rico reports $376M in 4Q21 revenue, $1.5B for ‘21
February 24, 2022
The company showed solid results one year into the integration of its mobile business.
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Hotelier, NBA star to build $7M multi-sport complex in Hato Rey
February 23, 2022
Hotelier and businessman Ricky Newman and NBA star Jose Juan Barea team up to develop sports tourism project.
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Glaxo’s Guayama operation to become Haleon as part of spin-off
February 23, 2022
Business is on track to spin-off the unit and list it as a new company in mid-2022.
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Honeywell Aerospace moves Americas Aftermarket HQs to Guaynabo
February 22, 2022
Honeywell began operating in Puerto Rico in 2007 with 12 employees and now has 1,000 islandwide.
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Coamo meat packing co. Emprosur files for Ch. 11 bankruptcy
February 21, 2022
The petition was filed at the US Bankruptcy Court.
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Zen Spa invests $155K to open 5th location, at Royal Sonesta Hotel
February 17, 2022
The location will operate under the name Zen Spa Brisas.
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Puerto Rico Legal Aid: Barely 33% of $325M in rent payment aid has been used
February 16, 2022
The organization called on the Public Housing Administration to expand the educational campaign for the program that covers up to 15 months of rent and utilities.
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LUMA reports 7,500 solar client connections in 2Q22
February 16, 2022
The 60-page second quarter report describes LUMA’s activities in detail.
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