Oriental Bank sues 100+ in RICO lawsuit alleging PPP loan fraud
December 3, 2024
The financial institution claims the defendants orchestrated a fraudulent scheme to obtain PPP funds by submitting falsified applications and misusing the proceeds for personal gain. #NewsismyBusiness
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Liberty Business relaunches OnGoing internet redundancy service
November 27, 2024
The OnGoing intelligent system guarantees business continuity for a monthly fee. #NewsismyBusiness
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San Juan Marriott & Stellaris Casino unveils $80M renovation
November 22, 2024
Every space has been carefully curated to enhance the resort’s ambiance, hotel officials said. #NewsismyBusiness
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Puerto Rico’s childcare costs remain ‘significant financial challenge’
November 21, 2024
Federal database confirms that at times, the cost of childcare is more than a month’s rent for many. #NewsismyBusiness
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Puerto Rico on its way to growing ‘1st virtual power plant in the Caribbean’
November 20, 2024
The Solar Energy Storage Association of Puerto Rico is holding the 8th edition of its SESA Summit, to discuss renewable energy paths for the island. #NewsismyBusiness
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Puerto Rico Broadband Program gets $9.8M to promote digital literacy
November 18, 2024
Programs will focus on key industries like healthcare, education, agriculture, and government, Puerto Rico Broadband Program Director Michelle Cabiya said. #NewsismyBusiness
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Rite Aid subsidiary Elixir Insurance Co. pulling out of Puerto Rico market
November 15, 2024
Elixir Insurance Co. describes itself as a Medicare Part D prescription provider, which partners with national health care companies to provide medications. #NewsismyBusiness
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Liberty Puerto Rico reports 12% revenue drop in Q3 to $308M
November 7, 2024
Liberty Latin America CEO Balan Nair highlighted the local operation’s sequential growth in OIBDA. #NewsismyBusiness
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New Fortress Energy looking for ‘strategic partners’ for Puerto Rico operation
November 6, 2024
The company disclosed its plans to the Securities and Exchange Commission on Tuesday. #NewsismyBusiness
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Strategic Solutions Group sues Municipality of San Juan for $100M over copyright infringement
October 31, 2024
SSG is seeking an injunction to prevent the municipality from further using its intellectual property without permission. #NewsismyBusiness
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Apple’s call recording feature sparks privacy concerns in Puerto Rico
October 31, 2024
Both regulators and telecom providers urge consumers to use these features carefully to avoid legal consequences. #NewsismyBusiness
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Puerto Rico beef co-op gets $21.2M from USDA to boost production
October 29, 2024
The funding is part of a global $1.5 billion allocation through the federal agency’s Regional Conservation Partnership Program. #NewsismyBusiness
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Bella Group buys Popular Auto’s daily car rental business
October 18, 2024
The financial terms of the transaction, which is expected to close in the coming weeks, were undisclosed. #NewsismyBusiness
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September bankruptcy filings in Puerto Rico up 21.3% YOY
October 3, 2024
These are preliminary numbers for last month’s movements at the U.S. Bankruptcy Court, Boletín de Puerto Rico stated. #NewsismyBusiness
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Courtyard by Marriott opens $30M hotel in Santo Domingo’s financial district
October 1, 2024
The 160-room, 18-story property was developed by Real Hotels and Resorts and opened earlier this year. #NewsismyBusiness
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