Eagle Industries is spreading its wings in Lares, with the addition of 300 new jobs through a planned expansion that will result in retaining the same number of workers at its Mayagüez operation, government and company officials said Monday.
The Center for Investigative Journalism has received a $100,000 grant from the Ethics and Excellence in Journalism Foundation, which it will use to continue expanding its staff and scope, co-founder Omaya Sosa confirmed to News is my Business.
In the first nine months since the government launched its IVU Loto system, only 20 sweepstakes winners have claimed their prizes, taking home about 3 percent of the $630,000 up for grabs, Treasury Department numbers show.
How many times have you stopped at a red light only to be met with a group of youngsters collecting funds for their little league baseball team or to finance a trip to participate in off-island competition? Probably more than once.
As we approach a certain age and time in our lives, we begin to shuffle priorities and find time for things that spark our intellect and that before we had limited time for. For me, it has been catching up on history, and recently a particular subject, the American Revolution.
Less than a year after making its local debut, Burlington Coat Factory is opening its fifth store, Sept. 23, at the Santa Rosa Mall, next month. The new 70,000 square foot location will take up the space left vacant by Grande supermarket.
The closing of the three major airports in the New York/New Jersey area ahead of Hurricane Irene prompted dozens of cancellations from the Luis Muñoz Marín International Airport Saturday, stranding hundreds of passengers.
Puerto Rico’s financial sector, one of the island’s key economic components, seems to be rebounding for the first time in four years, reporting $171 billion in combined assets during the second quarter of 2011.
For the second time this year, A.M. Best Co. has downgraded National Life Insurance Company’s ratings, this time to C++ (Marginal) from B- (Fair) and issuer credit rating to “b” from “bb-.” The agency left the door open to further downgrades Friday.
Boston-based AIR Worldwide estimated Friday that insured losses in the Caribbean from Hurricane Irene will reach between $500 million and $1.1 billion, with the Bahamas accounting for more than 60 percent of the insured loss.
As of Friday morning, some 20,000 OneLink Communications customers still had no service in the wake of storm Irene, company officials said.
This weekend, the Puerto Rico Convention Center in Miramar will host one of the year’s most appetizing conventions, The Bakery & Restaurant Show 2011, now in its third edition. Last year, the event generated more than $10 million in sales for local industry players.
In the wake of the destruction Hurricane Irene inflicted upon the agriculture sector, currently estimated at some $20 million, the Economic Development Bank has granted an automatic three-month stay on loans held by insured farmers, agency chief Ivonne Otero said Thursday.
BBVA Puerto Rico is throwing its support behind the Muscular Dystrophy Association by setting up an electronic donation method through its www.bbvapr.com site, so the general public can contribute during the nonprofit’s Sept. 11 marathon.
Minnesota-based Optum announced Thursday it has set up a free emotional-support help line – in Spanish and English – for people in Puerto Rico affected by Hurricane Irene. Affected residents can call 866-342-6892 for help managing stress and anxiety.
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