The Sales and Marketing Executives Association announced Wednesday the start of its nomination period for this year’s prestigious “Top Management” awards.
Treasury Secretary Juan Carlos Méndez confirmed Wednesday that General Fund collections for FY 2012 ending June 30 reached $8.6 billion, exceeding the government’s goals by $10 million.
Puerto Rico Telephone, which does business as Claro Puerto Rico, has drawn the line in the sand with regards to Liberty Puerto Rico’s proposed acquisition of OneLink Communications, asking the Telecommunications Regulatory Board for transparency in the process.
Six months after announcing its acquisition of Chevron’s fuel marketing and aviation businesses in Puerto Rico and the U.S. Virgin Islands for an undisclosed amount, Puma Energy confirmed Tuesday it has wrapped the transaction.
First BanCorp. reported better-than-expected second quarter results Tuesday, taking in $9.4 million in net income, a significant improvement over the $14.9 million net loss reported for the same year-ago quarter. The current results are also positive in comparison to the $13.2 million net loss reported during the first quarter of this year.
It’s no secret that Puerto Ricans have a deep-rooted love affair with food, whether gourmet or straight off a food truck. A study released Tuesday by McCann Worldgroup Latin America confirmed that 66 percent of island residents chow down on so-called “street food” at least once a week, beating out the rest of the Latin American region.
The Puerto Rico Green Energy Fund will be assigning $4 million in subsidies to develop “green” projects for homes and small business island wide during an application process that starts tomorrow at 8 a.m.
U.S. Small Business Administration Region II Administrator Jorge Silva-Puras announced Monday the appointment of María de los Ángeles de Jesús as Deputy District Director for SBA’s Puerto Rico and U.S. Virgin Islands district office.
Puerto Rico’s tourist taxi fleet is racing into the 21st century through the adoption of new multimedia equipment able to offer tourist information, directions and accept a variety of payment methods, including credit cards, Tourism Company Executive Director Luis Rivera-Marín announced Monday.
AT&T de Puerto Rico is looking to take a bite out of the island’s residential telephone market with the introduction of its new wireless home phone service.
Wireless carrier Open Mobile has hired a new chief executive officer, Juan Saca, to lead its Puerto Rico operations. Saca, a seasoned telecommunications industry executive, has been quietly at the helm of the pre-paid carrier since June, News is my Business learned.
Puerto Rico’s Olympic delegation traveled to London with $1,200 worth of Vanilla Visa gift cards to cover their expenses while at the games, thanks to an agreement between the Puerto Rico Olympic Committee and InComm Puerto Rico, the company announced.
Starting this week, Ford dealerships become “one-stop shops” by including tire sales inside their facilities. Starting Aug. 1, Ford will offer a mail-in rebate of $50, $70 or $80, depending on the tire brand, to clients who buy tires at the dealership.
For the second time in the last week, Puerto Rico’s credit ratings have been under scrutiny by stateside agencies. This time, it was Standard & Poor's Ratings Services, which revised its outlook on the Commonwealth Employees Retirement System’s $2.9 billion in senior pension funding bonds, series A, B, and C to “negative” from “stable.”
Office supplies and services retailer Office Depot will be hosting thousands of teachers at select retail stores across the U.S. and Puerto Rico as part of its annual “Teacher Appreciation Week” event.
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