The Puerto Rico Labor Department said Friday that the island’s unemployment rate for the month of July clocked in at 16.3 percent, reflecting a year-over-year drop of 0.6 percentage points, but a 1.1 percentage point increase when compared to June.
Aguadilla — Hewlett Packard’s decision to divest its PC business will not affect the sprawling manufacturing plant it has in this northwestern town, Lucy Crespo, general manager of manufacturing operations said Friday.
Looking to maintain and expand its command of the local yogurt market, Dannon Co. introduced its popular Oikos Greek Yogurt product line, which will replace the existing Dannon Greek brand in supermarket and store shelves. The uber-creamy treat is unique from other types of yogurt, and is part of a growing category, company officials said.
In its pursuit to provide the best service and convenience for customers, FirstBank announced the recent opening of its Yauco Plaza I Shopping Center branch. The new 3,600 square-foot facility employs 17 sales and service employees.
In what may seem like a case of “adding insult to injury,” Puerto Rico consumers who opt to shop online for their books via Amazon.com will find that the company is no longer offering its “Free Super Saver” shipping option to the island.
Two local nonprofit organizations in Aguada and Vega Alta are among 107 recipients that will share some $55 million in grants from the U.S. Department of Agriculture to create jobs, and improve health and safety conditions in rural communities, agency Secretary Tom Vilsack said Thursday.
Epps Shipping Company, a Liberian corporation doing business in Carolina, is facing a $700,000 federal fine for violating the Act to Prevent Pollution from Ships and lying to the U.S. Coast Guard regarding an incident dating to November 2010, the U.S. Department of Justice announced Thursday.
Local private nonprofit organizations that sustained damages as a result of the severe storms, flooding, mudslides and landslides that occurred during the two-week period from May 20 to June 8, 2011 have less than a month to submit their disaster loan applications to the U.S. Small Business Administration, the agency announced Wednesday.
Three years after Molson Coors Brewing Co. and SABMiller PLC combined their U.S. and Puerto Rico operations into MillerCoors, the company has reached an agreement to consolidate the distribution of its brands through V. Suárez & Co., executives announced Wednesday.
The Chamber of the Americas, a nonprofit organization based in Colorado, will be sponsoring a trade and development mission to the island next month, when it will offer a series of seminars on how to do business in Puerto Rico, the organization announced.
The National Oceanic and Atmospheric Administration has awarded $585,000 in federal funding to recruit security and specialized staff to operate the Jobos Bay Estuarine Research Reserve, Puerto Rico’s Resident Commissioner in Washington, D.C, Pedro Pierluisi, said Wednesday.
Puerto Rico’s frozen yogurt market is about to get a bit more crowded when California-based Menchie’s introduces its creamy delights at its first local shop slated to open before year's end in Guaynabo, News is my Business has confirmed.
Banco Popular is launching today a yearlong celebration of its 30th anniversary of operations in the U.S. Virgin Islands, where it began doing business in 1981 through the acquisition of the assets of the Royal Bank of Canada.
Gloria Escudero-Morales, sister of Port Authority Executive Director Alberto Escudero, has been named associate member of the Telecommunications Regulatory Board, succeeding outgoing member Vicente Aguirre-Iturino, News is my Business has learned.
For the fifth time this year, McNeil Consumer Healthcare has announced a recall of its consumer products, this time collecting 2.5 million packages of a Tylenol product that may have been produced at its Johnson & Johnson plant in Las Piedras, the Wall Street Journal reported.
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