Open Spaces turns to Supreme Court for access to gov’t tax exemption report
September 10, 2019
Nonprofit organization Open Spaces filed a motion before the Puerto Rico Supreme Court to overturn a decision by the Appellate Court to keep the government’s Report on Tax Reduction Agreements under seal. The report listing tax abatement agreements was prepared and delivered to the Financial Oversight and Management Board for Puerto Rico in July 2017. […]
chat_bubble0 Comment
visibility1267 Views
Liberty Foundation donates $25k toward relief efforts in The Bahamas
September 10, 2019
Liberty Foundation donated $25,000 to the C&W Charitable Foundation to help relief efforts in the islands struck by Hurricane Dorian as part of a joint effort by all the companies that make up Liberty Latin America (LLA.) The Liberty Foundation is also encouraging all Puerto Ricans who want to help the storm victims in the […]
chat_bubble0 Comment
visibility1607 Views
UPR-Río Piedras to host I-Corps Puerto Rico’s 9th cohort
September 6, 2019
Grupo Guayacán, Inc. (GGI) announced the ninth cohort of its business idea validation bootcamp, I-Corps Puerto Rico (I-Corps PR), which for the first time will take place at the University of Puerto Rico’s Río Piedras Campus. The event will be held in collaboration with the University’s Center for Commercialization and Innovation Support (UPR i+c), a […]
chat_bubble0 Comment
visibility1851 Views
5-building residential complex planned for former Sears property in Hato Rey
September 5, 2019
The development plans for the former government-owned Sears property in Hato Rey, sold for $11.6 million last year, call for establishing a five-building residential complex, this media outlet confirmed. According to the proposed plans submitted by the property’s owner, Puerta de San Juan LLC. to the government’s Permits Management Office, the housing complex will comprise […]
chat_bubble2 Comments
visibility4173 Views
Popular, MasterCard announce efforts to aid Bahamas post-hurricane
September 5, 2019
Following the devastating passage of Hurricane Dorian through the Bahamas, Popular and MasterCard unveiled separate effort to aid the island nation’s recovery efforts. Popular announced the start of the “Puerto Rico Abraza Bahamas” campaign to raise funds through a bank account (030142822) or through ATH Móvil, by selecting the option Donate to/FundacionBPPRBahamas. “The destruction caused […]
chat_bubble0 Comment
visibility1421 Views
Parallel18, Google Developers Launchpad team up to support P.R.’s startup ecosystem
September 4, 2019
Startup accelerator parallel18 has amplified its resources network by joining Google Developers Launchpad’s select group of regional partners, it announced. The collaboration not only grants access to Google’s global network but also encourages sharing insights and best practices between startup ecosystem catalyzers from around the world, parallel18 officials said. Google Developers Launchpad is a branch […]
chat_bubble0 Comment
visibility1732 Views
Co.’s step up to aid hurricane-ravaged Bahamas, Red Cross receiving donations
September 4, 2019
A number of private companies announced the steps they will take to help the Bahamas, where a number of its islands were ravaged by Hurricane Dorian, leaving a trail of death and destruction. Evertec Inc. will donate $100,000 for hurricane relief efforts, said CEO Mac Schuessler. “Hurricane Dorian is a devastating natural disaster in the […]
chat_bubble0 Comment
visibility1539 Views
Airbnb activates Open Homes program in P.R., USVI through Sept. 15
September 3, 2019
Airbnb has activated its Open Homes program to help displaced residents and relief workers deployed to the regions impacted by Hurricane Dorian. The Open Homes Program recruits hosts who are willing and able to provide their homes for free to displaced residents and disaster relief workers in the activation area including Puerto Rico and the […]
chat_bubble0 Comment
visibility1590 Views
Coliseo de Puerto Rico partners with Ticketera for new box office service
August 28, 2019
The management of the Coliseo de Puerto Rico, the island’s largest events venue, announced it has entered into an agreement with local firm Ticketera for a new box office service effective Sept. 1. The new, three-year revenue-sharing agreement is expected to boost the coliseum’s annual returns by 20%, General Manager Eduardo Cajina confirmed. This marks […]
chat_bubble0 Comment
visibility3231 Views
Hurricane Hub of P.R. ready to provide training, technical assistance
August 28, 2019
The Hurricane Hub of Puerto Rico announced it is prepared to offer training and technical assistance for preparedness, response and recovery in Puerto Rico and the Caribbean during the hurricane season that runs through November. The entity, which falls under the Puerto Rico Public Health Trust — an organization created by the Puerto Rico Science, […]
chat_bubble0 Comment
visibility1881 Views
World Central Kitchen opens call for sustainable farming project grants
August 26, 2019
World Central Kitchen announced the opening of its bi-annual cycle of Plow to Plate, the organization’s agricultural support platform that offers direct financial support, training opportunities, and volunteer assistance to small farmers, agribusinesses, and community-led projects in the food sector. The latest call to apply to Plow to Plate begins Sept. 1 and closes Oct. […]
chat_bubble0 Comment
visibility1485 Views
Report: P.R. lost 2.4% of its population in ’17, when 77K people left
August 26, 2019
During calendar year 2017, an estimated 2.4% of Puerto Rico’s population migrated to other jurisdictions in the United States, resulting in about 77,000in net terms, according to the Migrant Profile report published by the Puerto Rico Institute of Statistics. The report presents a snapshot of Puerto Rico’s migratory movement during the 2017 calendar year. […]
chat_bubble0 Comment
visibility1253 Views
Atlantic Medical Center in Barceloneta installs solar energy grid
August 26, 2019
Atlantic Medical Center, a 330 Primary Health Center in Barceloneta, recently completed the installation of a rooftop solar energy grid to prevent service interruptions to patients, the company announced. Atlantic Medical Center, which serves more than 14,000 patients each year, installed solar panels that can withstand hurricane winds, and have backup battery storage, “which will […]
chat_bubble0 Comment
visibility2161 Views
Monarch Alternative Capital, Taconic Capital buy warehouse portfolio in SJ
August 23, 2019
A joint venture formed by Taconic Capital Advisors LP and Monarch Alternative Capital LP has announced the formation of the Puerto Rico Industrial Solutions and Management platform in connection with its acquisition of a 2.2 million square-foot portfolio of industrial and logistics warehouse properties in the San Juan metropolitan area. This portfolio of warehouses is […]
chat_bubble0 Comment
visibility2169 Views
UBS Wealth Management customers get $4.8M award from lawsuit
August 19, 2019
An arbitration panel awarded customers of UBS Wealth Management in Puerto Rico more than $4.8 million in their lawsuit against the brokerage firm, according to law firm Shepherd, Smith, Edwards & Kantas. The firm has filed and continue to pursue lawsuits against the brokerage firms and its brokers that were “involved in selling these toxic […]
chat_bubble0 Comment
visibility1713 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA