Doral Financial Corp. is moving on up in Manhattan, with the recent renewal of its eight-year lease for office space on Fifth Avenue, and the addition of an additional 14,500 square feet in the same building at 623 Fifth Ave., between East 50th and East 51st streets, Crain’s reported Tuesday.
Credit rating agency Fitch Ratings on Thursday reviewed and affirmed the ratings assigned to $691.8 million in notes and stock issued by 12 Puerto Rico Investors Tax-Free closed-end funds advised by UBS Asset Managers of Puerto Rico.
It has been nearly a month since the Federal Communications Commission stopped the clock on its 180-day timeline to approve the proposed $39 billion AT&T acquisition of rival T-Mobile.
Two-dozen companies came together last week to participate in American Eagle’s traditional “Jala Jala” (Pull Pull) charity fundraiser, which this year collected $48,000 to be donated to the Muscular Dystrophy Association.
Are you one of those people who, when you get sick, cringe at the thought of spending an entire day going from specialist to specialist, hauling a pile of papers and X-rays documenting your medical history and test results, just to find out what your health issue may be?
The Northeastern Technological Initiative, known as INTENE, is looking to establish a marketing identity for the 10-town region it represents through the recent launch of the “Name the eastern tourism region” campaign. The effort is one component of a multi-pronged plan the nonprofit group has to boost economic activity along the island’s northeastern flanks.
Some 2,100 members of the International Federation of Library Associations and Institutions from more than 120 countries will be in San Juan for a five-day convention that is expected to pump $2.8 million into the local economy, the Puerto Rico Convention Bureau said Friday.
Evertec Inc. reported Thursday that its total revenue increased by $7.4 million during the second quarter ended June 30, or 11 percent to $76.2 million, when compared to the same period in 2010, an improvement the company attributed in part to last year’s banking consolidation and certain improvements in the island’s economic activity.
Just three years after taking over the control of the Luis Muñoz Marín International Airport’s 125-room Best Western hotel, management company Hotel Airport Inc. has filed for Chapter 11 bankruptcy protection.
Moody's Investors Service has placed the University of Puerto Rico's ratings on Watchlist for possible downgrade, affecting $652 million of rated debt issued through AFICA, as the as the Authority of Financing for Industrial, Tourism, Educational, Medical and Environmental Control Facilities is known.
The Puerto Rico Office of the U.S. Small Business Administration invites veterans, members of the Armed Forces and their spouses to attend its upcoming events aimed at promoting small business ownership among the military community along the island's northwestern region.
The Puerto Rico Electric Power Authority generated more than $434.6 million in revenue from island residential and commercial consumers, who burned through more than 1.5 billion kilowatt-hours of energy in June, the start of the sweltering summer season.
Three more toll plazas will become completely cashless effective Aug. 20, when the Department of Transportation and Public Works will finish converting the Humacao North and South, as well as Ceiba locations on PR-53, agency Secretary Rubén Hernández Gregorat said Thursday.
AMR Corporation took the next step Thursday in the process of spinning off its regional carrier American Eagle by filing the required paperwork with the U.S. Securities and Exchange Commission.
Puerto Rico shoppers kept a tight grip on their pockets during the month of April, when retail sales totaled $2.76 billion, remaining virtually flat in comparison to the same month last year.
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