Ten years after the last recession, economic slowdown has re-emerged as the top risk facing organizations globally, according to the results of Aon’s “2019 Global Risk Management Survey,” created by the professional services company . The resurgence of this concern is connected to accelerated rates of change in market factors, globalization and geopolitical uncertainty, the […]
As part of its continuing efforts to help the Caribbean recover from the long-term impacts from Hurricanes Irma and María, the U.S. Environmental Protection Agency is awarding a $6.2 million to the Puerto Rico Department of Natural and Environmental Resources as the first installment of a $40 million grant for hazardous and solid waste management […]
The Medicaid and Medicare Advantage Products Association of Puerto Rico (MMAPA) has turned to the federal court to challenge Law 90, which establishes fees for the payment of services under Medicare Advantage plans, claiming the bill jeopardizes benefits for thousands of insureds, and encroaches on federal law by trying to regulate MA funds or their […]
Florida-based Tropic Ocean Airways announced the start of operations in Puerto Rico, where it will be offering chartered amphibious seaplane services from the Jet Aviation terminal at the Luis Muñoz Marín Airport to the rest of the island and beyond. During a roundtable discussion with members of the media — and Puerto Rico Tourism Company […]
The Puerto Rico Housing Department announced the start of the Municipal Revitalization Program that has allocated $39 million to create a plan that will lead to the development of more resilient communities in Puerto Rico’s 78 municipalities. Housing Secretary Fernando Gil-Enseñat said “through this program, direct funds will be allocated to all municipalities to develop […]
Hyundai of Puerto Rico announced the completion of $700,000 construction and expansion project for its parts and services warehouse in Cataño. The new space will be a key element in increasing the level of satisfaction and service that the brand offers to its customers, as it represents an expansion in the amount of parts inventory […]
An educational program led by the National Science Foundation’s National Ecological Observatory Network (known as NEON) is helping students in Puerto Rico hone-in on a specific scientific field by exposing them to a broad array of experiences in the environmental and ecological sciences. Yamil Toro, field operations manager for the NEON’s scientific field sites in […]
Universal Television Production in association with ABC Studios and Keshet Studios will film a new series called “The Baker and the Beauty” for ABC Network in facility in Carolina, representing a $57 million economic investment in Puerto Rico. “This is great news for local talent working in film, tourism, the hotel industry and for many […]
The 629 bankruptcy cases filed in Puerto Rico in September were 4.84% lower than those on record for the same month last year, while the 5,690 petitions submitted to the U.S. Bankruptcy Court during the first nine months of this year were down by 1.3% vs. the same year-ago period, a local research firm revealed. […]
The U.S. Environmental Protection Agency announced that Total Petroleum Puerto Rico Corp. will provide the Puerto Rico Department of Public Security and the Aircraft Rescue and Fire Fighting Department of the U.S. Virgin Islands Ports Authority with $110,000 worth of emergency equipment. The allocation is part of a settlement of alleged violations of provisions of […]
Barullo Restaurant, a $4 million culinary proposal to celebrate Puerto Rico’s Spanish heritage, will open the first quarter of 2020 at the El Distrito entertainment complex under construction at the Puerto Rico Convention District area in Miramar. The restaurant will be located on the first floor of El Distrito and will feature 6,000 square feet […]
Wonders Ice Cream, a Minnesota-based rolled ice cream shop franchise, will open its first store in the Boquerón area of Cabo Rojo next year, in the hands of an entrepreneur who envisions it becoming a hang-out spot for tourists and locals alike. Jay Martínez bought the rights to the franchise from friend Kit Houngnakhone — […]
San Juan-based accelerator Parallel18 has been chosen among the 60 winners of U.S. Small Business Administration’s Growth Accelerator Fund Competition, to receive $50,000 each to support startups and entrepreneurs researching and developing STEM-related innovations. The combined $3 million will support development focused on a broad set of industries and sectors, SBA Acting Administrator Chris Pilkerton […]
https://media.blubrry.com/dollarsandsensenewsismybusines/newsismybusiness.com/wp-content/uploads/2019/09/NIMB-Podcast-AJIT-PAI-FCC_mixdown.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | RSSFor additional details about the FCC’s decision, check out our exclusive interview with Ajit Pai in the latest episode of our “Dollars and Sense” podcast series. Just click on the link to the audio above! The Federal Communications Commission approved $950 million in funding to […]
During calendar year 2018, it was estimated that about 113,000 people migrated to other jurisdictions in the United States, in net terms, according to the latest data from the American Community Survey released by the U.S. Census Bureau. Migration from Puerto Rico to the mainland United States increased by 36.9% between 2017 and 2018, […]
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