As part of its commitment to women at all of their professional stages, Doral Bank this week celebrated the second edition of its “Style a Student” program, through which work attire is donated to college students with limited resources and helps integrate them to the labor force.
This summer Budweiser is flying more than 100 Puerto Rican fans on a once-in-a-lifetime journey to the famed Lollapalooza music festival in Chicago, on a chartered private jet.
Taubman Centers, Inc. announced Thursday that construction will begin this summer on the $405 million, 640,000-square-foot luxury shopping center formerly known as Plaza Internacional, now re-named The Mall of San Juan, located just off the Teodoro Moscoso Bridge in San Juan.
Puerto Rico’s demographics have significantly influenced its housing market in recent years and it is expected to continue playing a crucial role in the future of the local housing market, according to the findings of the “Puerto Rico Housing Market Outlook 2011-2015” study revealed Wednesday by the Puerto Rico Bankers Association.
New York-based JetBlue is marking its 10th year of service in Puerto Rico by investing $3 million to move into its own terminal facility at the Luis Muñoz Marín International Airport this summer. And although the carrier is not officially calling its local operation a hub, its 40 daily flights, and counting, have made it Puerto Rico’s dominant carrier.
Eight weeks into the process of finding a private operator to design, build, finance and maintain the proposed “New Juvenile Social Treatment Campus” in Yauco, the Public-Private Partnership Authority announced Wednesday it received 11 proposals from local and international interested consortiums.
Puerto Rico’s unemployment rate stood at 14.8 percent in April, representing the lowest level in 16 months. The number of employed people on the island increased by 22,000, while those on the unemployment lines were the lowest in the last four months.
About half of Puerto Rico’s population — split almost evenly between men and women between 25 and 39 years old — uses the Internet to work or socialize, according to the 2012 edition of the Sales & Marketing Executives’ “Digital & Mobile Behavioral Study.”
T-Mobile USA announced Tuesday there will be a second round of layoffs in coming weeks as it continues to restructure its operation, a decision that will have no impact on its Puerto Rico operations, local officials confirmed.
Doral Financial Corp. reported net income of $2.6 million for the quarter ended Mar. 31, which reflected a 21.2 percent drop in comparison to the $3.3 million reported for the same year-ago quarter.
The Puerto Rico Broadband Task Force, a 12-member public-private coalition organized a year ago, is laying the foundation to more than double current broadband adoption levels across the island to at least 70 percent by 2015, up from the current 31 percent, and expedite a significant increase in download speeds within the next five to eight years.
The U.S. Environmental Protection Agency announced Monday it will hold a public hearing June 25 to give the public a chance to express their concerns about the proposed waste-to-energy plant project slated for Arecibo.
JetBlue Airways, Puerto Rico's largest carrier, was granted Monday a “beyond-perimeter” slot exemption from the U.S. Department of Transportation, which will enable it to launch new nonstop "capital-to-capital" service from Ronald Reagan Washington National Airport to the Luis Muñoz Marín International Airport. The carrier expects to start service in the fall.
American Airlines’ cycle as the leading carrier at the Luis Muñoz Marín International Airport could officially come to an end on June 1, if the U.S. Bankruptcy Court approves its petition to turn over the $350 million, 370,000 square-foot terminal facility it built in 1986 to the Puerto Rico Port Authority, News is my Business learned.
The Puerto Rico Manufacturers Association will be hosting its 84th annual convention under the “We’re all manufacturers” slogan, adopted to reflect “the multiplicity of industry elements,” said trade group President Pedro Watlington.
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