Biden taps 2 women with Puerto Rican roots to key positions at WTO, Treasury
September 27, 2021
President Joe Biden has announced that he intends to name Puerto Rican attorney María Luisa Pagán to be deputy US trade representative and ambassador to the Geneva-based World Trade Organization (WTO). Her nomination must be confirmed by the US Senate. Pagán was born and raised in Puerto Rico and currently resides in Maryland. A federal […]
chat_bubble0 Comment
visibility3260 Views
TAIS and the competition that changed everything
September 27, 2021
EDITOR’S NOTE: This post is a collaboration from Grupo Guayacán, as part of its 25 Days of Giving campaign. For food recycling company TAIS, garbage doesn’t exist. The company is dedicated to turning food waste into compost, which nourishes the soil and allows more vegetation to grow. It also uses photosynthesis to capture the carbon that would otherwise […]
chat_bubble0 Comment
visibility1480 Views
Bravo Family Foundation announces Rising Entrepreneurs Program winners
September 24, 2021
The Bravo Family Foundation (BFF) announced the winners of the second edition of its Rising Entrepreneurs Program (REP), an entrepreneurship acceleration initiative aimed to scale local tech and innovation startups with capital, mentoring, and world-class curricula. Local startups Beauty 911, Sirena Patterns, and FindIt, which are all women-led, were declared the winners among a […]
chat_bubble0 Comment
visibility1852 Views
New $8M Toyota dealership breaks ground in Bayamón
September 24, 2021
With an investment of $8 million and the creation of more than 100 direct and indirect jobs, the construction of a new Toyota dealership in Bayamón broke ground, company officials announced. The facility is scheduled to open next year, with the goal of providing a greater inventory and a team trained “to find solutions according […]
chat_bubble0 Comment
visibility2379 Views
Polytechnic University to distribute $8.5M in financial aid to students
September 24, 2021
The Polytechnic University of Puerto Rico announced that it will distribute a little more than $8.5 million in financial aid among its students in the San Juan, Orlando, and Miami campuses. These funds were assigned to the college as part of the 2021 American Rescue Plan. Each student will receive about $ 2,000 for the […]
chat_bubble0 Comment
visibility2203 Views
Microsoft closing Humacao manufacturing plant by ’24
September 23, 2021
Microsoft Corp. will be shuttering its only wholly owned manufacturing facility in the world, located in Humacao, in 2024, leaving 78 employees jobless, Department of Economic Development and Commerce Secretary Manuel Cidre confirmed. Microsoft Operations Puerto Rico in Humacao has been doing business there since 1989. At present, it is occupying a building owned by […]
chat_bubble0 Comment
visibility7148 Views
Gov’t announces trade mission to Dominican Republic later this year
September 23, 2021
Looking to promote and strengthen the presence and incursion of local companies into the Dominican Republic market, the Department of Economic Development and Commerce (DDEC, in Spanish), through its Trade and Export Program, is recruiting for the first in-person multisectoral trade mission since the start of the pandemic, from Nov. 30-Dec. 3, 2021. “Currently, the […]
chat_bubble0 Comment
visibility1670 Views
Foundation for Puerto Rico’s Innovation and Public Policy Council holds 1st meeting
September 23, 2021
The Foundation for Puerto Rico’s Innovation Center will hold the Innovation Council’s first meeting on Sept. 28, to bring together more than 60 leaders from a cross-section of sectors including communities, government, private sector, academia, nonprofits, and professional associations. The goal is to establish a priority agenda to be developed under a participatory process, the […]
chat_bubble0 Comment
visibility1898 Views
Nonprofit breaks ground on $4.6M expansion of primary health clinic in Luquillo
September 23, 2021
The Concilio de Salud Integral de Loíza Inc., which has facilities in the towns of Loíza, Río Grande, Ceiba and Luquillo, announced the groundbreaking of the new Clinica Familiar in Luquillo, through a $4.6 million investment in federal funding. The executive of the entity known as CSILO, César A. Rodríguez, said the new primary care […]
chat_bubble0 Comment
visibility2000 Views
Entrepreneurship becomes a way of life in Puerto Rico
September 22, 2021
If the past decade has shown anything is that Puerto Ricans look adversity in the eye and say, “bring it on!” An economic downturn that has lasted longer than that, the back-to-back hurricanes in 2017, the earthquakes that rocked the south, and the COVID-19 pandemic have hit hard, but residents of this island have found […]
chat_bubble0 Comment
visibility1911 Views
SEC charges Puerto Rican co., managing members with fraud
September 22, 2021
The Securities and Exchange Commission announced charges against Puerto Rico-based Back to Green Mining LLC and its two managing members, José Jiménez-Cruz and Manuel Portalatín, for their participation in a fraudulent and unregistered offering in a purported “green” mining venture. The SEC’s complaint alleges that, from August 2016 until at least 2020, Back to Green, […]
chat_bubble0 Comment
visibility1494 Views
Ports Authority lands $45.3M grant for Aguadilla airport upgrades
September 22, 2021
The Puerto Rico Ports Authority received an additional $45.3 million grant from the Federal Aviation Administration (FAA) to help complete the estimated $130 million, five-year construction of the new runway at the Rafael Hernández International Airport in Aguadilla. “This new grant joins the one announced in September 2020 for $24.2 million from the FAA, as […]
chat_bubble0 Comment
visibility2871 Views
Cooking with My Doctor builds on local success to expand abroad
September 22, 2021
Puerto Rican cooking seasonings brand Cooking with my Doctor, in business since 2018, is building on the success of its product line in the local market to export to the first three US mainland states, where it will begin its growth beyond the island’s shores. In an interview with News is my Business, Renzo Casillo, […]
chat_bubble0 Comment
visibility4361 Views
DDEC, UPR Mayagüez launch a second call for Innova that includes $100K incentive
September 22, 2021
The Department of Economic Development and Commerce (DDEC, in Spanish) and the University of Puerto Rico’s Mayagüez campus, signed a collaborative agreement to launch the second call for the Puerto Rico Innova program — a project that seeks local entrepreneurs — of which finalists may request a $100,000 incentive. The finalists may also request a […]
chat_bubble0 Comment
visibility1743 Views
Production of ‘The Plane’ film shores up $136M for Puerto Rico economy
September 21, 2021
“The Plane,” the latest Hollywood feature film to be produced entirely on the island, will generate some $136 million for the local economy, including hotel stays, withholding tax payments and other investments, government and the movie’s staff confirmed. Filming began about four months ago and has moved to different locations in and outside the San […]
chat_bubble0 Comment
visibility9509 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA