Very few Web users are really aware of how their personal data is being used by the myriad internet platforms that we interact with regularly in our digital society. To create awareness about this issue, every year, at the end of January, the world commemorates Data Privacy Day hoping to empower individuals and companies to […]
La Comprita and UBER Eats announced the launch of a new service that will allow local consumers to order some 500 grocery products for same-day delivery starting this week. The new delivery service’s fee will be waived for the first two weeks, company officials said. The new service, La Comprita Express, is set to deliver […]
First Bancorp, parent company for FirstBank Puerto Rico reported net income of $50.1 million, or $0.23 per diluted share, for the fourth quarter of 2020, up 38% from the $36.4 million, or $0.16 per diluted share, reported for the fourth quarter of 2019. Financial results for the fourth quarter of 2020 reflected First Bancorp’s closing […]
By Luis J. Valentín-OrtizCenter for Investigative Journalism It was the morning of Nov. 18 when federal Judge Laura Taylor Swain asked several times if anyone had come to the offices of Piloto 151 in Hato Rey to participate in the hearing. A dozen people with masks waited outside, but the official from the federal court […]
ORLANDO, FL — Puerto Rican manufacturer Bettina Cosmetics is in full expansion mode across Florida and is now in conversations to enter the Panama market, a country that is a commercial bridge in Central America, this media outlet learned. The country is interested in the Bettina makeup line that is designed specifically for Latina women’s […]
Puerto Rico startups and innovative research projects are being given the chance to access to funds from the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs — which represent the largest seed capital fund in the United States. The call to participate in the “Acércate al Grant” program comes from Colmena66, […]
https://media.blubrry.com/dollarsandsensenewsismybusines/newsismybusiness.com/wp-content/uploads/2021/01/Ignacio-Alvarez-01.28.2021.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | RSSPopular Inc. reported net income of $176.3 million for the fourth quarter ended Dec. 31, 2020, and $506.6 million for the year 2020, compared to net income of $671.1 million for the year 2019. “We closed 2020 on a high note, generating net income of […]
US Customs and Border Protection and Aerostar announced the implementation of a Biometric Exit face-recognition identification process at the Luis Muñoz Marin International Airport. Biometric Exit is a touchless international departure process that uses facial biometrics to automate the manual document checks that are already required for departure from airports and seaports in the United […]
An analytical report by Estudios Técnicos Inc. that correlates the Executive Orders on the pandemic and the mobility index concluded that consumers have already eased their behavior when going out shopping, to work and recreation spaces beyond the government’s COVID-19 guidelines. “The challenge for the government, private companies and citizens is to control the pandemic […]
Puerto Rico’s largest carrier, jetBlue is looking to ramp-up pre-departure and arrival COVID-19 testing at local airports, by relying on at-home options through its partner Vault Health, the airline’s CEO Joanna Geraghty said during a discussion of its quarterly results. “So, Puerto Rico. We definitely see some constraints with testing in that environment. We’ve actually […]
San Juan city officials confirmed that this year’s traditional San Sebastian Street Festival will take place in a hybrid format — combining limited presence in Old San Juan with virtual events — on Jan. 30-31, with a much smaller budget than prior editions, health protocols to prevent the spread of COVID-19. In a press conference, […]
The U.S. Small Business Administration has approved 516 loans worth some $16.8 million through its Paycheck Protection Program to eligible operations in Puerto Rico and the US Virgin Islands in the first two weeks of the second round of funding. The emergency financing program re-opened Jan. 11 and the numbers provided are through Jan. 24, […]
Retail sales in Puerto Rico continued to rise during the months of October and November 2020, registering increases of 9.0% and 4.5%, respectively. The industry rebound has occurred to the extent that the economic reopening and prevailing health conditions related to the COVID-19 pandemic have allowed it. Total sales amounted to $2.8 billion in October, […]
The devastation caused by Hurricane María in 2017 highlighted Puerto Rico’s “antiquated, expensive and fossil fuel-dependent” electricity grid, providing the Biden administration with an historic opportunity to transform a vital part of the island’s economy. The Institute for Energy Economics and Financial Analysis (IEEFA) recommends in a new policy brief that the administration battle entrenched interests that […]
Puerto Rico’s restaurant industry has taken a significant hit as a result of the COVID-19 pandemic, losing about $352 million from January to September 2020, down 23.6% from the same period in 2019, the Puerto Rico Restaurants Association revealed. The trade group known as ASORE commissioned research firm Inteligencia Económica to analyze the economic toll […]
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