Popeyes Louisiana Kitchen opens 17th store at former El Zipperle location
January 15, 2019
After three years of abandonment, the corner of Roosevelt Avenue and Teniente César González has a renewed purpose with the inauguration of Popeyes Louisiana Kitchen’s 17th restaurant in Puerto Rico. The 3,000 square-foot restaurant known for its Cajun-style cooking, is generating a mix of 50 full- and part-time jobs, and entailed an investment of $3.5 […]
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Oversight Board, creditors’ committee challenge $6B of P.R. debt
January 15, 2019
The Special Claims Committee of the Financial Oversight Board for Puerto Rico announced that it and the Official Committee of Unsecured Creditors in Puerto Rico’s debt restructuring have filed an objection to more than $6 billion of Puerto Rico’s bonded debt. The objection asserts that the invalid debt was issued in clear violation of the […]
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Espacios Abiertos, debt restructuring expert, warn about implications of COFINA deal
January 15, 2019
Nonprofit organization Espacios Abiertos exposed a number of “suspicious elements” of the proposed agreement to restructure the Puerto Rico Sales Tax Financing Corporation (known as COFINA by its initials in Spanish) debt, which U.S. District Court Judge Laura Taylor Swain will review this week. “We said it last year and we stand by it today,” […]
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Popular consolidates auto, leasing operations at Roosevelt Ave. building
January 15, 2019
As part of its strategy to offer “modern and innovative” facilities for its clients, Popular announced the consolidation of its auto and leasing services at the former Doral building on Roosevelt Ave., the financial institution announced. Effective Jan. 19, the Popular Auto customer service division formerly located at Popular’s Altamira location, and Reliable Auto, formerly […]
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Oversight Board recommends transfer of WIPR to private operator
January 14, 2019
The Financial Oversight and Management Board for Puerto Rico recommended that the government take the necessary steps to transfer the rights and ownership of the Puerto Rico Public Broadcasting Corp. also known as WIPR, to a private, nonprofit entity. In a letter to Gov. Ricardo Rosselló, Senate President Thomas Rivera Schatz and House Speaker Carlos […]
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Rosselló announces $37.5M collaborative community planning program
January 14, 2019
Gov. Ricardo Rosselló announced the signing of an agreement between the Puerto Rico Department of Housing and Foundation for Puerto Rico to start administering the Community Resilience Program, which has a budget of $37.5 million.The funding comes from the Community Development Block Grant Program, which has set aside disaster recovery funds. The program’s priority are […]
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PWR for Puerto Rico delivers solar energy system to Iniciativa Comunitaria
January 11, 2019
This donation was made possible through a coalition composed of several international companies and citizens.
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San Jorge Children & Women’s Hospital unit opens through $1M investment
January 11, 2019
Since 1988, the San Jorge Hospital has been known as the first pediatric hospital in the Caribbean.
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Federal gov’t approves new healthcare model for P.R.
January 10, 2019
Puerto Rico’s “Vital” plan provides medical coverage to those that cannot afford traditional medical plans.
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New York Times chooses P.R. as ‘Best Destination to Travel’ in ’19
January 10, 2019
The New York Times published the annual list of 52 places to visit and highlighted the importance of visiting the island a year and a half after Hurricane María.
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Mastercard launches roadmap to boost online payment security in LatAm, Caribbean
January 10, 2019
This will increase expectations of seamless online payment experiences with unquestioned security and convenience.
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Center for Investigative Journalism concludes Rosselló’s tax promises ‘deceptive’
January 9, 2019
Puerto Rico Gov. Ricardo Rosselló, closed 2018 with a message saying his administration is promoting economic development by reducing taxes.
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Resident Commissioner introduces bipartisan bill to extend Child Tax Credit to P.R.
January 9, 2019
Puerto Rico’s child population has dramatically decreased over the last decade due to migration to the U.S. mainland.
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Agritek Holdings Inc. gets cannabis license, starts operating in P.R.
January 9, 2019
Agritek Holdings over the last two years has funded the operation.
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News is my Business wraps up ’18 with 171% growth in user traffic
January 4, 2019
The results compare all of 2017 to the same 12-month period in 2018.
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