CDC includes Puerto Rico in expanded COVID-19 vaccination program with Walgreens
February 3, 2021
The Centers for Disease Control and Prevention (CDC) and the U.S. Department of Health and Human Services has selected Walgreens to provide a limited number of COVID-19 vaccinations across 15 states and jurisdictions — including Puerto Rico — as part of the Federal Retail Pharmacy Program. Vaccinations will begin in stores Feb. 12 to eligible […]
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Anthem Inc. to acquire MMM Holdings, LLC, affiliates from InnovaCare Health, L.P.
February 2, 2021
Anthem Inc. announced it has entered into an agreement with InnovaCare Health, L.P., to acquire its Puerto Rico-based subsidiaries, including MMM Holdings, LLC and its Medicare Advantage plan MMM Healthcare, LLC as well as affiliated companies and Medicaid plan. The financial terms of the agreement were not disclosed. “We are pleased to expand Anthem’s commitment […]
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Historic San Juan Custom House to undergo $44.1M renovation
February 2, 2021
The U.S. Customs and Border Protection has awarded a $44.1 million contract to Framingham, Mass.-based Perini Management Services Inc. to repair and renovate the historic San Juan Custom House, the company announced. Perini Management Services Inc. is a subsidiary of Tutor Perini Corp., a civil, building and specialty construction company. The San Juan Custom House, […]
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HMS starts transition of operations of the Cataño-San Juan ferry route
February 2, 2021
As part of the “systematic and complex” handover of procedures of Puerto Rico’s maritime transportation service, HMS Ferries announced the start of the process to transition operations on the Cataño-San Juan ferry route. “During the Transition Phase, we will be working on the systematic transfer of the maritime transportation service in Puerto Rico. During this […]
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Labor Dept. seeking IT provider for new online unemployment solution
February 2, 2021
The Puerto Rico Department of Labor and Human Resources is seeking an IT Solutions provider, to develop a new customizable online platform that “supports all functions and processes” of the agency’s unemployment insurance benefits program. The solution must include unemployment tax, benefits payments, and case management features, the agency said in a press release announcing […]
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Puerto Rico’s manufacturing sector shows growth in December ’20
February 2, 2021
The Puerto Rico Manufacturing-Purchasing Managers Index showed an increase to 51.8 in December, surpassing the threshold level of 50 and suggesting an expansion in the manufacturing sector with respect to the previous month. The manufacturing sector has shown sustained improvement for the past few months, after experiencing one of the most significant drops due to […]
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Everynet, Ready Wireless partner to deliver ready-to-use IoT solutions in Puerto Rico
February 2, 2021
Technology company Everynet BV announced its partnership with IoT Managed Services provider Ready Wireless LLC to provide ready-to-market IoT solutions in Puerto Rico powered by Everynet’s carrier-grade national network. The partnership seeks to innovate on several aspects of companies’ business flows and day-to-day activities in most of the industries in Puerto Rico, like supply chain, […]
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Practical Techie: Web users need awareness on how personal data moves in cyberspace
February 2, 2021
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 […]
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La Comprita launches express service through UBER Eats
February 2, 2021
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 […]
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First Bancorp reports $50.1M in 4Q20, up 38% YoY
February 1, 2021
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 […]
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Never-ending wait for thousands of Puerto Ricans who filed claims in bankruptcy proceeding
February 1, 2021
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 […]
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Bettina Cosmetics distinguishes 4 Hispanic entrepreneurs as it eyes new markets
February 1, 2021
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 […]
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Startups, innovation projects invited to participate in funding competition
February 1, 2021
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, […]
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Popular Inc. reports $176M in 4Q20 net income, $507M for full year
January 29, 2021
Popular 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 $176 million in the fourth quarter, one of our best […]
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CBP and Aerostar launch face recognition technology at LMM Airport
January 29, 2021
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 […]
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