Navient Corp., Puerto Rico gov’t agree to void $7.7M in student loan debt
September 23, 2024
The settlement agreement does not include a breakdown of how the $7.7 million restitution will be distributed. #NewsismyBusiness
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Starwood Property Trust to develop $26M mixed-income complex in Ceiba
September 17, 2024
The Local Redevelopment Authority for Roosevelt Roads chose the proposal after an RFP process that drew only one interested group. #NewsismyBusiness
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FCC launches benefits for domestic violence survivors in U.S., Puerto Rico
September 16, 2024
Survivors can now make a request with their service provider to separate their mobile phone lines from family plans where the abuser is on the account. #NewsismyBusiness
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Study confirms ‘marked drop’ of Puerto Rico’s youth population over past 20 years
September 12, 2024
The study identifies natural disasters as “triggers” for learning difficulties, apathy toward education and likelihood of dropping out of school. #NewsismyBusiness
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Puerto Rico bankruptcies up nearly 20% YOY in August
September 12, 2024
So far this year, 3,710 petitions have been filed at the U.S. Bankruptcy Court, representing a 33.9% jump when compared to the same period last year. #NewsismyBusiness
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Gov’t looking for firms to develop mixed-use complex at Roosey Roads
September 11, 2024
Proponents had until Aug. 23 to submit their plans to the agency, which is now reviewing the proposals, an LRA official said. #NewsismyBusiness
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Passenger traffic at Luis Muñoz Marín Airport up 1.6% Y-O-Y in August
September 10, 2024
So far this year, passenger traffic at the SJU has jumped 9.1%, with 9.2 million people crossing the airport. #NewsismyBusiness
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Coca-Cola Music Hall reports $5.3M in ticket sales so far in ’24
September 5, 2024
Of the $35 million in ticket sales, $4 million are attributed to the Sales and Use tax, which go to the government’s coffers. #NewsismyBusiness
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Goodwill opening 1st retail store in Puerto Rico at former IKEA in Carolina
September 5, 2024
The nonprofit will also be launching its website and social media accounts soon to promote donations. #NewsismyBusiness
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Liberty Puerto Rico seeks to win back customers’ trust, launches Liberty Loop
August 29, 2024
Liberty is rebranding to reflect its evolution into a “trusted connectivity partner.” #NewsismyBusiness
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Ports sells 50-acre plot in Santa Isabel to Friger Motors LLC
August 22, 2024
The land will be used for manufacturing purposes. #NewsismyBusiness
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NASA awards $600K to 2 University of Puerto Rico research projects
August 16, 2024
This third cohort brings the total number of projects funded to 44 teams at 36 academic institutions in 21 U.S. states and territories. #NewsismyBusiness
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Puerto Rico’s telecom providers weather Ernesto as FCC monitors
August 15, 2024
Most of the service interruptions had to do with power outages, representatives from Claro Puerto Rico, Liberty Puerto Rico and T-Mobile confirmed. #NewsismyBusiness
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‘Reimagined’ Ritz-Carlton in Isla Verde to reopen early next year
August 13, 2024
The property has undergone more than $150 million in upgrades. #NewsismyBusiness
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FCC OKs transfer of DISH Network’s licenses to Liberty Puerto Rico
August 12, 2024
The decision comes eight months after the parties applied for the spectrum license assignments. #NewsismyBusiness
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