The U.S. Environmental Protection Agency on Thursday presented its Environmental Justice Award for outstanding work to the ENLACE Martín Peña Channel Project, for launching a comprehensive and environmentally sustainable economic development plan for the impoverished community.
arine Express, the company that was poised to restart passenger ferry service between Puerto Rico and the Dominican Republic this month, announced Thursday it has put those plans on indefinite hold.
The Puerto Rico Products Association has been awarded with $241,000 by the U.S. Department of Commerce’s Minority Business Development Agency in the latest round of funding to boost job creation and foster the economic growth of minority firms. The nonprofit group, which has been running Minority Business Enterprise Center Puerto Rico for some 15 years, […]
Things are not always what they seem, and in the case of counterfeit drugs, knowing the difference between what’s real and what isn’t could be a matter of life and death. With that in mind, pharmaceutical giant Pfizer launched an educational campaign this week to teach Puerto Rican consumers about the negative side of counterfeit medications, whose production and use is a growing global trend.
BBVA Puerto Rico, one of the few banks that has successfully weathered the island's protracted financial meltdown, is looking to increase its local market share to 10 percent over the next five years, a high-ranking official said Wednesday.
The State Department is getting technical assistance from the U.S. Department of Energy to establish a Public Utility Commission in Puerto Rico that would merge the Public Service Commission and the Telecommunications Regulatory Board. The new entity would also regulate the Puerto Rico Electric Power Authority and the Puerto Rico Aqueduct and Sewer Authority, Secretary of State Kenneth McClintock told News is my Business.
Venezuelan machine parts manufacturer Industrias GoldPack Inc. has set up shop in Puerto Rico through a $1.2 million investment to establish an operation in a leased building in the eastern town of Yabucoa, company and government officials announced Tuesday.
AT&T’s new upgrade fees will apply to a number of smartphone devicesin its portfolio. AT&T customers looking to trade in their mobile phones before their 24-month contract is up, but are not eligible for an upgrade, will have to pay more for the change — on top of the cost of the device — as […]
Puerto Rican consumers who earned the same or less than they did last year are spending more on the food they buy, according to a poll conducted by Professional Market Research.
Mario Pérez (Credit: © Mauricio Pascual) Puerto Rican consumers appear to be getting their confidence back, at least when it comes to swiping their MasterCard at the cash register. Such is the conclusion that Mario Pérez, general manager for MasterCard’s Caribbean region, offered based on last quarter’s performance levels on the island and throughout Latin […]
Time is running out for the Borders bookstore in Carolina, which is set to close on April 15 — just two weeks shy of the contractual deadline that Illinois-based Hilco Merchant Resources, LLC has to finish liquidating as much as it can from the stores destined to close.
Rapiscan’s scanner facility in place at Crowley’s port facilities in San Juan. (Credit: © Mauricio Pascual) A week after the U.S. District Court for Puerto Rico granted a petition by shipping company Crowley for an emergency injunction against the Ports Authority’s mandatory cargo inspections, the parties have reached an agreement through which Crowley will launch […]
Fast-food Italian eatery chain Sbarro filed for Chapter 11 bankruptcy protection for its stateside business, a decision that is not expected to affect the local eight-restaurant operation, News is my Business learned Monday.
If you’re one of thousands of consumers with old, useless electronic equipment lying around your home or office, you will have the chance to dispose of those devices properly next weekend during the Solid Waste Authority’s e-waste recycling event.
Puerto Rico’s Economic Activity Index for February showed the first month-over-month increase, of 0.4 percent in comparison to January, since October 2010, the Government Development Bank said Sunday.
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