1st Red Lobster restaurant in P.R. opens in Plaza Las Américas
January 16, 2018
With an investment of $2 million and the creation of 170 jobs, the first Red Lobster restaurant in Puerto Rico will open for business today at the Plaza Las Américas mall in Hato Rey, company officials announced.
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Public relations professionals to hold annual convention
January 16, 2018
In the face of the new reality Puerto Rico is facing, the Puerto Rico Public Relations Professionals Assocition will hold its annual convention, "A new reality. A new beginning," Jan. 26-27, at the San Juan Marriott Resort & Stellaris Casino in San Juan.
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Corporate Ladder: Execs named in construction, insurance, hospitality
January 11, 2018
The first edition of Climbing the Corporate ladder in 2018 announces appointments in the areas of construction, insurance and Puerto Rico’s hospitality industries.
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Seaborne Airlines files for Ch. 11, selling itself to Silver Airways
January 10, 2018
Sea Star Holdings Inc., parent company for Seaborne Puerto Rico LLC, Seaborne Virgin Islands Inc. and affiliates, announced it has commenced a voluntary Chapter 11 bankruptcy reorganization proceeding to implement new financing and a sale of its assets to Silver Airways, LLC.
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P.R. Energy Commission unveils proposed microgrids regulation
January 10, 2018
Aware of the need to quickly and effectively restore Puerto Rico’s electrical service and simultaneously ensure its sustainable long-term development, the Puerto Rico Energy Commission has drafted the first regulation on the development of microgrids on the island.
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EDB offers emergency loans of up to $50K to help P.R. physicians recover
January 10, 2018
The Puerto Rico Economic Development Bank has signed an agreement with the College of Physicians and Surgeons to offer emergency loans of up to $50,000 to physicians whose practices were affected by Hurricane María.
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Nordstrom remains mum on reopening of its only store in P.R.
January 9, 2018
Fashion retailer Nordstrom Inc. remained mum on when it will reopen its only store in Puerto Rico, which a company spokeswoman confirmed experienced “extensive damage” from Hurricane María last September.
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Half of Burlington’s PR stores to remain shut thru Spring
January 8, 2018
Six of retailer Burlington's 11 stores in Puerto Rico will remain closed through Spring, as they recover from damages sustained after the passage of Hurricane María last September, this media outlet confirmed.
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P.R.’s budding cannabis sector ‘vulnerable’ after US DOJ policy change
January 5, 2018
Puerto Rico’s budding medicinal cannabis industry has been put in a tough spot after the U.S. Department of Justice reverted a number of guidance documents regulating the cultivation, distribution and possession of marijuana.
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Toyota’s car sales in PR up 9% in ’17 vs. prior year; 24K units sold
January 4, 2018
Toyota de Puerto Rico’s 2017 non-fleet sales outpaced the prior year’s results by 9 percent, the company announced.
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FEMA extends deadline for Temporary Shelter Assistance to Mar. 20
January 3, 2018
The Federal Emergency Management Agency confirmed Tuesday it has approved the Puerto Rico government’s request for an extension of the Transitional Sheltering Assistance Program through Mar. 20.
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FirstBank employees deliver supplies to Cataño, Comerío homes
January 3, 2018
Motivated by a commitment to help communities most affected by Hurricane María, a group of FirstBank employee volunteers organized a collection of more than 1,500 non-perishable items which they distributed to homes in Comerío and Cataño.
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PRMA: ’18 brings ‘high level of uncertainty,’ ‘important challenges’
January 2, 2018
The new year that began yesterday is already characterized by a high level of uncertainty, largely due to the changes that have occurred and will occur in Puerto Rico’s environment.
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PR Ports Authority confirms drops in air, cruise visitor traffic in Fiscal 1Q16
December 29, 2017
The Puerto Rico Ports Authority released figures Wednesday confirming the drops in air and maritime visitor activity through September, when back-to-back hurricanes hit the island.
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Solar provider Sunnova sends scathing letter to PREPA for blocking recovery
December 22, 2017
Sunnova Energy Corp., which provides distributed, residential solar power in Puerto Rico, delivered a letter to the Puerto Rico Electric Power Authority (PREPA) blasting it for its “continued inaction and reluctance to work cooperatively with Sunnova.”
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