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24 Marketplace restaurant in Hato Rey, San Juan, remains open as RB Marketplace Inc. reorganizes under Chapter 11.
Featured, General Biz News
24 Marketplace co-founder takes charge under Chapter 11
NIMB Staff November 14, 2025

Báez de Jesús leads the company’s restructuring as president faces corruption case. #NewsismyBusiness

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Hernán A. Vera-Rodríguez, director of the Observatorio de Sociedad, Gobernanza y Políticas Públicas at the Pontifical Catholic University of Puerto Rico in Ponce, and co-investigators Jennifer Castellanos-Barreto and Laura Pietri-Gómez present the findings of their two-year study on generational differences in Puerto Rico’s workforce.
Featured, General Biz News
PUCPR study reveals generational gaps in Puerto Rico’s workforce
NIMB Staff November 13, 2025

The research project found that younger workers prioritize flexibility and higher pay but are more likely to leave their jobs, while Generation X shows stronger engagement and work ethic. #NewsismyBusiness

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On right, Ricardo E. Ríos-Flores, president of Commercial Equipment Finance Inc.
Featured, General Biz News
CEFI issues $122M in equipment-backed notes in 3rd deal
NIMB Staff November 13, 2025

The transaction, led by KeyBanc Capital Markets, was oversubscribed, reaffirming investor confidence in the Puerto Rico-based lender’s portfolio strength. #NewsismyBusiness

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Shed, a wellness and weight-management company based in Salt Lake City, announces the launch of its services in Puerto Rico.
Featured, General Biz News
Shed enters Puerto Rico’s wellness, weight-management market
NIMB Staff November 12, 2025

The Utah-based health company launches personalized weight-management programs and clinician-guided services across the island. #NewsismyBusiness

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Buenos Ayres houses a restaurant, market, bar, dining area, bakery offering Argentinian and local products, and a wine cellar.
Featured, General Biz News
Buenos Ayres restaurant in Punta Las Marías on sale for $2.3M
NIMB Staff November 7, 2025

The property listing notes that it has six bathrooms, 40 parking spaces, a 125,000 electric generator and two cisterns, a camera system, alarm and three-phase substation. #NewsismyBusiness

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A modular unit is lifted into place at Rovex’s 81-room workforce lodging project in San Juan, Puerto Rico, which is financed by Monllor Capital Partners.
Featured, General Biz News
Monllor, Rovex to build 81-room modular workforce lodge in San Juan
NIMB Staff November 6, 2025

The facility aims to ease Puerto Rico’s worker-housing shortage as federal projects accelerate. #NewsismyBusiness

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The U.S. District Court for the District of Puerto Rico in San Juan, where the lawsuit against Fahad and Amir Ghaffar remains pending.
Featured, General Biz News
Ghaffar legal team says investor lawsuit lacks merit
Michelle Kantrow-Vázquez November 5, 2025

Attorneys claim the filing mirrors tactics used in John Paulson’s ongoing court disputes and seek to influence related cases. #NewsismyBusiness

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The case, in which investor Michael Tennenbaum accuses Fahad and Amir Ghaffar of defrauding him through a failed technology investment, has been assigned to Senior Judge Francisco A. Besosa at the U.S. District Court for the District of Puerto Rico. (Credit: Zimmytws | Dreamstime.com)
Featured, General Biz News
Investor sues Ghaffar brothers over failed tech venture
NIMB Staff November 4, 2025

Tennenbaum alleges the pair deceived him into a $4.4M investment in a failed tech firm. #NewsismyBusiness

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Hipódromo Camarero in Canóvanas, where the Puerto Rico Horse Owners Association filed a federal lawsuit alleging exclusion from wagering revenues and anticompetitive practices by track officials and the Confederación Hípica de Puerto Rico. (Credit: Discover Puerto Rico)
Featured, General Biz News
Horse owners sue Camarero, allege exclusion scheme
NIMB Staff November 4, 2025

PRHOA claims its members were unlawfully cut off from wagering proceeds to coerce them into joining a rival association. #NewsismyBusiness

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A Mastercard–Endeavor survey found that Puerto Rican entrepreneurs see community and networking as the island’s top business advantages, followed by proximity to markets and competitive operating costs.
Featured, General Biz News
Study: Puerto Rico startups surge despite capital limits
NIMB Staff October 30, 2025

Mastercard–Endeavor report finds record growth, rising revenues and a maturing innovation ecosystem driven by talent and resilience. #NewsismyBusiness

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The Puerto Rico No Se Vende coalition released “Dolor y lucro: los inversionistas con múltiples exenciones contributivas que empobrecen a Puerto Rico” (“Pain and Profit: Investors with Multiple Tax Exemptions that Impoverish Puerto Rico”), a study examining the impact of the island’s tax incentive system.
Featured, General Biz News
Study: Puerto Rico lost $18B to investor tax incentives
NIMB Staff October 29, 2025

The Puerto Rico No Se Vende coalition warns of deepening inequality as the government expands audits to curb noncompliance under Act 60. #NewsismyBusiness

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At the 2025 Solar Energy and Storage Association Summit in San Juan, Max Issokson, senior research analyst at Wood Mackenzie, presented a study showing that Puerto Rico ranks third in the United States for residential solar and battery storage installations.
Featured, General Biz News
Puerto Rico ranks 3rd in US solar and storage growth
NIMB Staff October 29, 2025

New study highlights island’s rapid renewable expansion as Gov. Jenniffer González pledges to defend net metering and accelerate energy transformation. #NewsismyBusiness

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Nickolaus Cortese, executive vice president of Grand Reserve Puerto Rico, announced the start of construction on Marea Residences, a $100 million oceanfront development in Río Grande.
Featured, General Biz News
Construction begins on $100M Marea Residences project
NIMB Staff October 29, 2025

Luxury development at Grand Reserve Puerto Rico marks new phase of high-end tourism and residential growth in Río Grande. #NewsismyBusiness

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Leonor García-Guerra, executive director of ColaborativoPR, announced a new partnership with the ECMC Foundation to support first-generation and low-income college students in Puerto Rico.
Featured, Nonprofit organizations
ColaborativoPR secures $450K grant for student success
NIMB Staff October 28, 2025

With ECMC Foundation funding, the nonprofit will build a Community of Practice to expand access and improve outcomes for Puerto Rican college students. #NewsismyBusiness

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A new study highlights growing inequities in Puerto Rico’s Medicare Advantage system, where lower federal reimbursements may be costing lives. (Credit: Designer491 | Dreamstime.com)
Featured, General Biz News
Study links higher Puerto Rico Medicare deaths to pay gap
G. Torres October 27, 2025

A new analysis finds Puerto Rico’s Medicare Advantage enrollees face significantly higher mortality rates tied to lower federal funding and provider shortages. #NewsismyBusiness

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QUOTE OF THE WEEK:

“Companies that weren’t born with AI have a long and arduous adaptation process, especially large companies with hundreds or thousands of employees. Those companies are going to lose their competitiveness to smaller businesses that are born with AI, can go faster and don’t have legacy systems to convert and maintain.”

 

— Nicolas Galarza, founder, Wealth2B

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