FEMA aids Puerto Rico towns’ recovery with mapping tools
May 14, 2024
Participatory mapping exercises help municipalities plan and visualize disaster recovery strategies. #NewsismyBusiness
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Overdraft/NSF fee cuts save consumers $6B, banks lose revenue
May 13, 2024
Puerto Rico banks such as Banco Popular, FirstBank and Oriental Bank have moved to reduce or eliminate overdraft/NSF fees in recent years. #NewsismyBusiness
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Treasury announces tax-free holiday for hurricane season buys
May 13, 2024
The list of tax-free items includes a variety of goods that are useful in case of emergencies. #NewsismyBusiness
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Popular Inc. names new president and CEO
May 13, 2024
Ferrer was also named President of Popular Inc.’s two banking subsidiaries. #NewsismyBusiness
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Data Research Corp. sues Universal Service Administrative Co. for $105M
May 10, 2024
The heart of the dispute traces back to services DRC provided in FY 2001 under the E-Rate program. #NewsismyBusiness
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GUIA reports 5.8% drop in Puerto Rico vehicle sales for April
May 10, 2024
Despite the downturn in sedan sales, growth was seen in the minivan and van segments. #Newsismybusiness
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Puerto Rican Summit 2024 in Orlando to drive collaboration
May 10, 2024
The annual event seeks to unite Florida and Puerto Rico businesses to foster economic growth. #NewsismyBusiness
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IKEA opens $37M distribution warehouse in Bayamón
May 9, 2024
The warehouse is designed to offer several services to make the IKEA shopping experience easier, the retailer said. #NewsismyBusiness
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JetBlue announces Puerto Rico expansion representing $89M for economy
May 9, 2024
The new routes take off in October. #NewsismyBusiness
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Liberty Puerto Rico reports 10% revenue drop Y-O-Y to $327.2M
May 9, 2024
Subscription revenue was also lower year-over-year, driven primarily by a drop of 61,000 pre- and post-paid mobile customers. #NewsismyBusiness
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U.S. Court of Appeals also sides with Ritz-Carlton in worker lawsuit
May 8, 2024
The former staff had claimed they were wrongfully terminated after the hotel’s operations were halted due to significant damage from Hurricanes Irma and María. #NewsismyBusiness
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Puerto Rico Public Housing Admin. gets $178M HUD allocation
May 8, 2024
Housing authorities can use this funding for the development, financing, modernization, and management improvements of public housing complexes. #NewsismyBusiness
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MCS, MCS Foundation get top award from Salvation Army Puerto Rico
May 8, 2024
The MCS Foundation has extended its financial support to the Salvation Army Puerto Rico and USVI Division, with more than $200,000 in donations over the last five years. #NewsismyBusiness
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Chef Treviño to open new eatery in Old San Juan inspired by former hotspot
May 7, 2024
Dragon by Treviño, a Latin fusion restaurant inspired by the once iconic Dragonfly on La Fortaleza Street, will open in December. #NewsismyBusiness
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Popular to spin off Echar Pa’Lante program into new nonprofit
May 7, 2024
Gloria Viscasillas, who worked at Banco Popular and served as integrative leader of the Echar Pa’Lante initiatives, will direct the new entity. #NewsismyBusiness
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