Financial planning key to avoiding individual, family money woes
October 31, 2011
In uncertain times such as the present, when economic stability is not a given, it is up to individuals and families to take responsibility for their financial planning to achieve short- and long-term peace of mind, field professionals recommend.
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iShop marking 1st year in P.R., launching credit program
October 29, 2011
Apple authorized reseller iShop Puerto Rico is marking its first year on the island by giving local consumers the ability to buy equipment and devices on credit, upon reaching an agreement with direct financing with GE Money, Mariemma Monroig, general manager of the retail chain said Friday.
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Yogen Früz opens in Ocean Park, 10 more stores planned for ’12
October 29, 2011
Frozen yogurt chain Yogen Früz is opening its fifth store today, looking to capture residents and visitors of the affluent Ocean Park neighborhood in San Juan with its creamy and tasty treats.
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De Diego Avenue SuperMax beefing up deli
October 29, 2011
Just months after the Boar's Head brand debuted in its Plaza Guaynabo store, the SuperMax supermarket chain announced that its deli department at the De Diego Avenue store, will also offer the line of premium cheeses and cold cuts. The Condado store will feature more than 300 Boar's Head products.
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Retail sales show slight 1.7% jump through August, some sectors still reeling
October 29, 2011
Puerto Rico’s retail sales showed a slight increase of 1.74 percent from January to August, when total activity exceeded $22.9 billion, from the $22.5 billion during the same eight-month period in 2010, the latest report released by Puerto Rico Trade shows.
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5 towns split $405K in USDA grants
October 28, 2011
The towns of Moca, Manatí, Jayuya, Canóvanas and Barceloneta have been assigned a combined $405,312 by the U.S. Department of Agriculture to make critical repairs and improve housing conditions for low- and very-low-income rural residents.
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Less than half of Britto knock-off suit defendants pursue settlement
October 28, 2011
The attorney for Pop Artist Romero Britto said Thursday that about 60 of the defendants sued nearly eight weeks ago for copyright and trademark infringement violations are in talks to settle the damages they have caused the Miami-based company.
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Ponce college injects $20M to upgrade facilities, expand curriculum
October 28, 2011
The Pontifical Catholic University in Ponce has invested some $20 million over the past two years in its facilities, human resources and to strengthen its research programs to enrich its academic offer, school officials said Thursday.
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Redbox raising daily DVD rental fees by 20%
October 27, 2011
First it was Netflix and now its Redbox’s turn to raise movie rental rates. The self-service kiosk operator will raise daily rental charges on DVD’s by 20 percent, to $1.20, from the current $1, effective Monday.
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Claro President: Public must “put pressure” on TRB to issue IPTV license
October 27, 2011
Claro President Enrique Ortiz de Montellano publicly urged consumers Wednesday to continue exerting pressure on the Telecommunications Regulatory Board to issue the cable franchise license the company requested nearly three years ago to deploy its Internet Protocol TV service.
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T-Mobile expanding islandwide 4G coverage, adding capacity in 22 towns
October 27, 2011
Less than a year after unveiling the island’s first network capable of offering 4G speeds, T-Mobile announced Wednesday plans to expand the high-speed service in more than 40 municipalities that include the areas of Naranjito, Juana Díaz, Luquillo, Las Marías, Toa Alta, Florida, Lares, and Canóvanas.
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U.S. Farm Credit Administration officials visit P.R. to discuss policy, farmer lending needs
October 26, 2011
U.S. Farm Credit Administration officials are on the island week to take a look at the agriculture industry and hold a series of meetings with Puerto Rico government officials to discuss the state of policies and lending programs that impact local farmers and producers. The visit is the result of a joint effort between the Agriculture Department and the Puerto Rico Federal Affairs Administration, the agencies announced Wednesday.
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DACO suing Amazon for discriminating against P.R. consumers
October 26, 2011
After failed attempts to convince online retailer Amazon to reinstate its free shipping option to Puerto Rico, the Consumer Affairs Department is preparing to file a lawsuit against the Seattle, WA-based company for discriminatory practices, News is my Business confirmed Tuesday.
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Private banks backing community reinvestment initiatives
October 26, 2011
Members of the island’s banking sector continue building on expanding the concept of “participatory democracy” through community reinvestment initiatives that are the focus of its 9th annual Community Reinvestment Week event that wraps up Friday.
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Ag. Sec.: Farming activity needs private banking support
October 25, 2011
Agriculture Secretary Javier Rivera-Aquino has set off an agressive strategic plan to convince private banks, which for years have shied away from the volatile sector, to invest in farming activity and new projects.
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