Private equity investment firm Thoma Bravo, a firm focused on the software and technology-enabled services sectors, announced the acquisition of Talend, a data integration and data integrity company, in a deal worth $2.4 billion. Thoma Bravo intends to begin a tender offer to acquire all of Talend’s outstanding ordinary shares and American Depositary Shares, for […]
The second location of gourmet burger chain BurgerFi has opened in Plaza Caparra in Guaynabo, following a $1 million investment. The restaurant joins the first to open a year ago, when the chain made its local debut. The Plaza Caparra fast-casual concept spans 1,800 square feet, including two outdoor eating areas and a bar, said […]
In response to multiple incidents involving tourists reported in Carolina’s popular district of Isla Verde, the municipality is implementing stricter security measures by limiting transit on Isla Verde Avenue exclusively to locals between 10 p.m. and 5 a.m., Thursday through Sunday. The night patrol will be conducted by a team of 30 officers from Carolina’s […]
The Puerto Rico National Guard, one of the vital components during emergency situations on the island, was granted an obligation of nearly $12.7 million from the Federal Emergency Management Agency (FEMA). These funds will address eight permanent repair projects at several facilities, including its headquarters and several training centers, the federal agency said. Among the […]
The Camuy River Caverns Park will reopen March 24, following a nearly four-year closure as a result of damages caused by Hurricane María in 2017. The park received a $68,000 contribution from the Puerto Rico Tourism Co. that will allow it to operate Wednesday through Sunday between 8 a.m. and 4:30 p.m., with visits to […]
A survey conducted by the Puerto Rico Chapter of the Associated General Contractors of America among its members showed that local businesses have a combined bond capacity exceeding $6 billion and access to financing with local banking with revolving lines of credit, as well as enough management capacity to push projects forward. During its the […]
The heads of two Puerto Rico government agencies announced the availability of a website through which employers can blow the whistle on employees who refuse to return to their posts because they are receiving jobless benefits. In a press conference, the secretaries of the Department of Economic Development and Commerce and the Department of Labor […]
On the occasion of the celebration of Sunshine Week, nonprofit organization Espacios Abiertos urged the leadership of the three branches of government to adopt four “open government proposals” to achieve a “fairer and equitable” Puerto Rico. The proposals call for: amending the Transparency and Open Data laws; adopting an “Open Checkbook” program; creating the public […]
As tourists continue to wreak havoc in San Juan, Condado and Isla Verde, the Puerto Rico Police Department has vowed to address the problem, announcing at a press conference that officers will be blocking transit in the popular tourism districts after 11 p.m. Those who are not staying in the area, residents, or employees will […]
Following a $5 million investment over the past five years, Agaia Latin America — makers of the biodegradable cleaning product line Evolve — is expanding operations to other countries, including the Dominican Republic and onto platforms like Amazon. The Evolve cleaning products, which are touted as being “people, planet and pet safe” are manufactured in […]
The web does have its marvels, including sites, apps, and content to ease one of humanity’s oldest afflictions: loneliness. Including the social, cultural, and love types. Already there are robotic assistants for the disabled. They keep the bedridden awake for medicine time, keep a record of their medications, assist in monitoring their vitals, and shortly, […]
The U.S. Department of Agriculture announced it is making an additional $35 million available this year through the Value-Added Producer Grant Program to support agricultural producers affected by the COVID-19 pandemic. This funding comes from the Consolidated Appropriations Act of 2021 and there are $76 million available in total. The USDA is extending the application […]
As the newest Executive Order establishing the conditions for Puerto Rico residents and visitors to manage the COVID-19 pandemic takes effect today, members of the government’s security team will hold an emergency meeting to craft a response to an escalating number of violent incidents mostly involving tourists in and around San Juan. Puerto Rico Police […]
The Puerto Rico National Guard has been called upon to help stabilize the delivery of provisions to the island municipalities of Vieques and Culebra with two vessels that will cover the maritime routes starting today. The two ships will join the rotation already served by the Mr. Mason and Marilin H. cargo ships that connect […]
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