Lawsuit shines spotlight on new federal rule for employee status
October 3, 2024
The U.S. Department of Labor sued a Puerto Rico security firm for misclassifying workers. #NewsismyBusiness
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September bankruptcy filings in Puerto Rico up 21.3% YOY
October 3, 2024
These are preliminary numbers for last month’s movements at the U.S. Bankruptcy Court, Boletín de Puerto Rico stated. #NewsismyBusiness
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CPI: Uncertainty over federal funding puts Puerto Rico’s flood-prone power substations at risk
October 3, 2024
COR3 holds FEMA responsible for excluding that multimillion-dollar expense because of the methodology it used to estimate the damage to the electrical system after Hurricanes Irma and María. #NewsismyBusiness
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Puerto Rico Bankers Assoc.: Study shows sector’s solid financial health
October 2, 2024
A V2A Consulting study found strong asset quality and capitalization in local banks, which are also driving socioeconomic development. #NewsismyBusiness
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Marxuach Precast expands operations with $7M investment
October 2, 2024
The prefabricated concrete manufacturer received a $1.5 million incentive from the Puerto Rico Economic Development and Commerce Department. #NewsismyBusiness
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Oriental, Puerto Rico Community Foundation open donations round
October 2, 2024
Nonprofits with incubation and/or acceleration programs may request donations from the Oriental Fund. #NewsismyBusiness
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T-Mobile to pay $16M penalty as part of cybersecurity settlement with FCC
October 1, 2024
All major wireless carriers in the U.S. are now required to invest to protect consumer data and privacy. #NewsismyBusiness
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Courtyard by Marriott opens $30M hotel in Santo Domingo’s financial district
October 1, 2024
The 160-room, 18-story property was developed by Real Hotels and Resorts and opened earlier this year. #NewsismyBusiness
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Boys and Girls Club of Puerto Rico’s new leader brings business savvy
October 1, 2024
Alma Frontera took over the nonprofit’s presidency last month. #NewsismyBusiness
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As interest rates start to drop, Puerto Rico home sales to remain sluggish — for now
September 30, 2024
Home sales in Puerto Rico fell 4% year-over-year to 10,479 units in 2023, according to the Office of the Commissioner of Financial Institutions. #NewsismyBusiness
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Puerto Rico IT Cluster to mark 11th anniversary with CIO & IT Leadership Conference
September 30, 2024
The two-day event will feature IT Academy tracks on AI, cybersecurity and cloud infrastructure. #NewsismyBusiness
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USACE awards $29.5M contract for new Army Reserve Center at Fort Buchanan
September 30, 2024
The estimated completion date is Feb. 1, 2027, officials stated. #NewsismyBusiness
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Veranó Hotels + Resorts to open 1st property in San Juan
September 27, 2024
Luxury lifestyle hotel to be located on Ponce de Leon Ave. will open in Spring 2025. #NewsismyBusiness
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UrbanLink Air Mobility to launch service from Puerto Rico
September 27, 2024
UrbanLink and Regent Craft announce a new seaglider order to service South Florida and Puerto Rico. #NewsismyBusiness
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Puerto Rico Advertising Conference gathers industry leaders to discuss trends, innovation
September 27, 2024
The event, part of the Advertising Association’s 2030 plan, features talks on client-centered strategies and the legal aspects of innovation. #NewsismyBusiness
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