ProMed Molded invests $5.4M to expand Dorado operation
May 10, 2011
Medical device manufacturer ProMed Molded Products will invest $5.4 million to expand its operations in Dorado, adding 143 new jobs in the process, the Economic Development and Commerce Department announced Tuesday.
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HP unveils new line of portable devices
May 10, 2011
Las Vegas, NV -- Computer technology giant Hewlett Packard unveiled Monday its new line of sleek notebook products that combine ultra-portability with high performance to cater to the ever-growing and more demanding mobile consumer population. In addition, the company also launched the HP DataPass, a pre-paid 3G mobile broadband service available in the U.S. market.
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HP to unveil new servers, enterprise services in Las Vegas
May 9, 2011
LAS VEGAS, NV -- Computer technology giant Hewlett Packard is poised to unveil new server and networking products as part of the Interop technology conference taking place in this city this week.
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Labor Dept. seeks $116.5M budget for fiscal ’12, launches online unemployment tool
May 7, 2011
Labor Secretary Miguel Romero submitted a $116.5 million budget for fiscal 2012 to the House Treasury Committee Friday, saying it will be enough for the agency to operate and run a number of programs that pursue job creation in a market where the workforce barely reaches 42 percent.
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First BanCorp reports $28.4M 1Q loss
May 6, 2011
First BanCorp continued its path of negative quarterly growth, reporting a net loss of $28.4 million for the first quarter of 2011. However, the result for the period ended March 31 reflected a marked improvement from the $251.4 million net loss reported for the fourth quarter of 2010 and the $107 million net loss for the first quarter of 2010.
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‘Fast Five’ explosive box office debut reaffirms P.R. as filmmaking destination
May 6, 2011
"Fast Five," the latest installment of the “Fast & Furious” movie franchise, which was filmed almost entirely in Puerto Rico last year, raced into theaters last weekend, becoming Hollywood’s best performing film of 2011, with $86.2 million at the box office during its debut.
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Claro, AT&T beef up handset portfolios with new devices
May 6, 2011
The island’s top two wireless carriers introduced more than a handful of devices Thursday, keeping up with their commitments to offer island customers the latest in mobile technology.
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Treasury: March revenue collections reach $746M
May 5, 2011
Government revenue collections totaled $746 million in March, a figure that is 10.1 percent, or $69 million over the same month the prior year, the Treasury Department said Thursday.
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T-Mobile unveils full line of 4G devices
May 5, 2011
In keeping with plans announced last year to broaden the scope of its 4G service, wireless carrier T-Mobile recently incorporated three new devices into its lineup: the Sidekick 4G, the T-Mobile G2X with Google and the T-Mobile G-Slate with Google tablet.
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Grupo Episcopal San Lucas invests $17M in system-wide upgrades
May 5, 2011
Hospital operator Grupo Episcopal San Lucas has invested more than $17 million in the past six months to move forward its development plans to strengthen patient services offered at its Guayama and Ponce facilities, company officials announced Thursday.
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Retailers: P.R. must remain efficient to endure rising food prices
May 5, 2011
The links that make up Puerto Rico’s food chain — shippers, distributors and retailers — need to become as efficient as possible to keep costs in check as external pressures continue mounting and threatening the price and availability of products.
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Wireless carriers preparing to adopt emergency alert system
May 5, 2011
Puerto Rico’s wireless carriers, in cooperation with local and federal government agencies, are working toward deploying a platform known as the Commercial Mobile Alerts System, to be able to deliver real-time messages to subscribers in case of an emergency.
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NASA taps robotics institute as local education partner
May 5, 2011
The Puerto Rico Institute of Robotics, a local nonprofit dedicated to sparking the interest and knowledge among students in the disciplines of science, math, engineering, and technology, has been chosen among nine organizations that will partner with NASA this summer to help the agency implement its 2011 “Summer of Innovation” education program.
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Claro introduces iPad2 to portfolio of products
May 4, 2011
Telecommunications provider Claro announced Wednesday the availability of the trailblazing iPad2 mobile tablet, which it will market through payment plans allowing customers to finance it for 24, 36 or 48 months.
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Retirement System burgeoning deficit on Moody’s radar
May 4, 2011
Gov. Luis Fortuño’s administration has three months to show Moody’s Investors Service that it is taking enough — and correct — action to address the Commonwealth Retirement System’s $28 billion funding shortfall to avoid a possible downgrade of its current A3 rating.
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