HTC Inspire 4G Using the Consumer Electronics Show as its backdrop, AT&T announced the deployment of 4G speeds using both HSPA+ and LTE technologies to deliver faster services. Company officials announced plans Wednesday to accelerate its LTE network build, to be largely complete by late 2013. The carrier also plans to begin its launch of […]
The Consumer Price Index showed a drop of 0.1 percent in November, in comparison to the same month last year, according to information released Wednesday by the Puerto Rico Statistics Institute.
Nearly a decade after the island was assigned a second area code — over concerns that telephone numbers available under the “787” code were running out — it turns out that both area codes are still being underutilized.
In the first quarter since its enactment, the Small Business Jobs Act has enabled the Small Business Administration to approve more than $10.3 billion in loan guarantees, which in turn have generated more than $12 billion in commercial lending to small companies, agency Administrator Karen Mills said. Of that money, more than $14.3 million has […]
(Credit: 60 Minutes) Cheryl Eckard The woman who blew the whistle on the production problems plaguing the now-shuttered GlaxoSmithKline plant in Cidra was interviewed on 60 Minutes on Sunday, marking the first time she has spoken publicly of the manufacturing breaches. In the report, Cheryl Eckard — a former global manager for quality assurance for […]
The U.S. Department of Treasury has yet to issue a decision on whether foreign companies doing business in Puerto Rico will be allowed to take a credit for the excise tax imposed through Law 154, which goes into effect this month.
Arkansas-based ABF Freight Systems on Monday announced the launch of new carrier service between the U.S. mainland and the Dominican Republic, in addition to a route between Puerto Rico and the neighboring island nation. The expansion responds to “increased demand for shipping solutions from customers taking advantage of opportunities created by the United States-Dominican Republic-Central […]
Digital financial media company TheStreet.com this week included two local banks in its list of “Bank Stock Awards” winners, recognizing their respective performance improvements in 2010.
Puerto Rico has received $1 million from the U.S. Department of Labor’s National Emergency Grant program to continue clean-up and recovery efforts in the wake of the tough weather the island experienced in May.
The Agriculture Department on Thursday filed a motion at the U.S. District Court for Puerto Rico requesting an additional 10 days to "responsibly calculate" what the new price for fresh milk should be.
Puerto Rico Telephone recently scored a regulatory victory that will produce millions in operational savings, as a result of a Federal Communications Commission decision regarding the way the carrier offers long distance services. In an extensive decision released about a week ago, the FCC granted PRT’s request to allow it to provide long distance services […]
After two years of staying away from such transactions, the Commonwealth is considering a sale of general obligation bonds sometime in 2011 to finance infrastructure projects, Government Development Bank President Carlos García said Tuesday. While the government official did not say when the sale would take place or how much the agency is looking to […]
Dallas-Fort Worth-based American Airlines, Puerto Rico's dominant air carrier, will be cutting five more routes from its schedule out of the Luis Muñoz Marín Airport, including several offered by its regional operator, American Eagle.
Minneapolis-based retailer Best Buy Co. Inc. announced Monday the launch of its 2011 “@15 Scholarship” program, through which up to 1,200 college-bound students from the U.S. mainland and Puerto Rico can benefit from scholarships from the company. Students in grades 9-12 planning to enter college are eligible for the award program which has already distributed […]
Nearly two dozen flights in and out of the Luis Muñoz Marín Airport in Carolina were grounded Monday, leaving about 2,000 passengers stranded as a major blizzard dumped significant amounts of snow throughout several states along the Mid-Atlantic and U.S. eastern seaboard.
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