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In-Brief
Pavas Creativas gives Puerto Rican straw hats a fashionable makeover
NIMB Staff August 4, 2025

Entrepreneur Janet James turns cultural icon into bold fashion accessory. #NewsismyBusiness

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FirstBank’s headquarters in San Juan, Puerto Rico
In-Brief
First BanCorp named top-performing US bank in its asset class
NIMB Staff August 1, 2025

Ranking highlights financial strength and operational discipline of FirstBank Puerto Rico’s parent company. #NewsismyBusiness

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Moisés Reyes, executive president of the Cooperativa AgroComercial de Puerto Rico
In-Brief
Café Cibales unveils new premium packaging to reach broader markets
NIMB Staff August 1, 2025

Puerto Rico’s oldest coffee cooperative modernizes its flagship brand’s image. #NewsismyBusiness

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The White House
Economy, Featured
Puerto Rico firm finds uncertain gains in Trump’s second term
NIMB Staff July 31, 2025

Birling Capital index shows modest progress amid fiscal and policy risks. #NewsismyBusiness 

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Each person who wears an El Galpón accessory should “feel unique, special and part of a tradition that honors what is made by hand and with heart,” the founders said.
Featured, Small Business
El Galpón expands into wooden accessories with focus on sustainability
NIMB Staff July 31, 2025

Artisan brand approaches 20 years in business with new watches and sunglasses. #NewsismyBusiness

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Empty glass bottles are collected weekly in Cataño, Puerto Rico, then crushed and repurposed into building blocks as part of a Bacardi recycling initiative. (Credit: Silviu Matei | Dreamstime.com)
Environment, Featured
Bacardi launches glass recycling program near Cataño distillery
NIMB Staff July 31, 2025

Partnership with Reciclaje del Norte, Cataño targets hospitality waste. #NewsismyBusiness

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Tropical Storm Ernesto caused significant damage to Puerto Rico’s plantain crops.
In-Brief
SBA urges Puerto Rico nonprofits to apply for disaster loans before Aug. 27
NIMB Staff July 31, 2025

Low-interest federal loans available to organizations impacted by Tropical Storm Ernesto. #NewsismyBusiness

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PrizePicks, based in North America, describes itself as the largest operator in the daily fantasy sports market, citing growth tied to regulatory expansion and product development.
In-Brief
PrizePicks obtains gaming licenses in Puerto Rico, Maine
NIMB Staff July 31, 2025

Fantasy sports operator expands into 47 U.S. jurisdictions with latest move. #NewsismyBusiness

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Great Lakes East, a Jones Act-compliant carrier, moved its Florida breakbulk operations to Port Canaveral earlier this month.
In-Brief
New barge service links Florida and Puerto Rico with monthly shipments
NIMB Staff July 31, 2025

Port Canaveral operator partners with Great Lakes East to transport construction and general cargo. #NewsismyBusiness

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ABB Puerto Rico’s manufacturing plant in Arecibo. (Credit: Zackery T. Noel, senior global product management lead at ABB)
Featured, Manufacturing
ABB to invest $30.5M to expand Arecibo operations, add 90 jobs
NIMB Staff July 30, 2025

Swiss tech firm boosts its Puerto Rico footprint with electrification focus. #NewsismyBusiness

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Featured, Nonprofit organizations
Puerto Rico group warns power rate hike could deepen energy poverty
NIMB Staff July 30, 2025

Think tank urges regulators to evaluate affordability before allowing increase tied to debt repayment. #NewsismyBusiness

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In-Brief
Clorox, United Way reach more than 600 children with art, donations
NIMB Staff July 30, 2025

Murals, messages and product donations highlight back-to-school effort. #NewsismyBusiness

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The bill would increase taxes on cellphone use by as much as $50 per month. (Credit: Wit Olszewski | Dreamstime.com)
Featured, Telecommunications/Technology
Broad opposition mounts against Senate Bill 615 telecom tax proposal
NIMB Staff July 29, 2025

Gov. Jenniffer González said over the weekend she is evaluating the measure and is “inclined not to sign it.” #NewsismyBusiness

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Carmen A. Torres, founder of On Point Strategy, which was named one of Inc. magazine’s Best Workplaces for 2025.
In-Brief
On Point Strategy named one of Inc.’s 2025 Best Workplaces in the US
NIMB Staff July 29, 2025

Puerto Rico-based consulting firm honored for employee-focused culture. #NewsismyBusiness

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In-Brief
MCS joins efforts to raise awareness about sun protection 
NIMB Staff July 28, 2025

This effort supports MCS’s mission to promote a culture of self-care, prevention, and holistic wellbeing. #NewsismyBusiness

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QUOTE OF THE WEEK:

“Thrift is definitely trending as a sector. We’re grateful for that because we use the proceeds from the goods sold in our stores to invest in programs that help people and communities.

 

Puerto Rico is a new market for us, with one store open and several others on the way, and the reception has been awesome.”

 

— Kent Kramer, CEO, Goodwill de Puerto Rico

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