FM station SalSoul changes frequency
December 20, 2012
Effective Dec. 26, tropical music station SalSoul will move to a new frequency on the FM dial, taking over the 99.1 slot in response to a determination by the Federal Communications Commission that seeks to make way for new airwaves serving Puerto Rico’s eastern-central and western regions.
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Sprint launches 4G LTE in southern Puerto Rico
December 19, 2012
Wireless carrier Sprint announced Tuesday that it is delivering the speed, power and value of its all-new 4G LTE network to customers in six new areas in the U.S. mainland and Puerto Rico, where residents and users in Ponce, Coamo and Guayama will begin benefiting from faster speeds.
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FDA approves new meds for rheumatoid arthritis, ADHD
December 19, 2012
The U.S. Food and Drug Administration recently gave the go-ahead to two new drugs, Xeljanz and Quillivant XR, to treat rheumatoid arthritis and Attention Deficit Hyperactivity Disorder, respectively, the manufacturing companies announced in separate statements.
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SBA opens nominations for ‘Small Business Innovation Research’ awards
December 18, 2012
The U.S. Small Business Administration is seeking nominations for awards honoring the critical economic role small businesses play in federally funded research and development through SBA’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs.
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Praxair hiking gases, facilities fees Jan. 1
December 17, 2012
Praxair Inc. and its divisions and subsidiaries — Praxair Distribution, Inc., Praxair Healthcare Services, Praxair Canada Inc., and Praxair Puerto Rico B.V. — will be increasing the prices charged to its bulk and packaged, industrial, electronics, specialty and medical gas customers in the U.S mainland, Canada and Puerto Rico of effective Jan. 1.
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The Banker picks Scotiabank as ‘Global Bank of the Year’
December 14, 2012
Scotiabank has taken “Global Bank of the Year” honors from The Banker magazine, along with recognition in seven other categories including “Bank of the Year for the American Continent.” It is the first time a Canadian bank receives recognition in these categories.
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McDonald’s adding 3 new locations in Puerto Rico
December 14, 2012
Arcos Dorados, operator of the McDonald’s restaurants in Latin America and the Caribbean announced Thursday the upcoming opening of three new establishments in Puerto Rico later this month.
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Font to head EPA’s Puerto Rico, USVI office
December 13, 2012
The U.S. Environmental Protection Agency announced Wednesday that José Font has been selected to lead its Caribbean Environmental Protection Division, covering Puerto Rico and the U.S. Virgin Islands.
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Santander OKs $9.3M in financing for San Germán waterpark
December 13, 2012
Banco Santander Puerto Rico recently awarded $9.3 million in financing for the development of the San Germán Surf and Fun Waterpark planned for that municipality.
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Evertec, FICO partner to combat ATM fraud
December 12, 2012
Credit and debit card processing company Evertec is adopting technology to protect and defend consumers against counterfeit card and skimming fraud in Puerto Rico.
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Edwards Lifesciences marks 40 years in Puerto Rico
December 11, 2012
Medical device manufacturers Edwards Lifesciences marked the 40th anniversary of its Añasco, Puerto Rico, manufacturing facility on Monday.
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Plaza del Caribe adding Longhorn Steakhouse
December 10, 2012
As part of the $3.5 million remodeling of the Plaza del Caribe shopping center’s food court, mall operators recently confirmed the addition of the first Longhorn Steakhouse restaurant to open in Puerto Rico’s southern region, and the sixth on the island. The eatery will occupy 6,580 square feet of the food court and is expected to open in April.
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FirstBank in alliance with Ballet Concierto de Puerto Rico
December 7, 2012
To help break the economic dependence cycle of female victims of domestic violence and other socially disadvantaged women, FirstBank awarded a $5,000 donation to Ballet Concierto de Puerto Rico (BCPR) to provide training in sewing and work for 34 weeks to two participants of Casa Protegida Julia de Burgos and Hogar Buen Pastor.
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‘Grow Your Business with UPS’ launches in LatAm, Caribbean
December 7, 2012
UPS announced the launch of “Grow Your Business with UPS,” an online promotional program aimed at both new and current customers. This is the first initiative of its kind in the region, and it will be available in Argentina, Brazil, Dominican Republic, Mexico, and Puerto Rico.
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SBA adds COOPACA as new 7(a) lender in Puerto Rico
December 7, 2012
The U.S. Small Business Administration (SBA) announced that it has given authority to Cooperativa de Ahorro y Crédito de Arecibo, better known by its acronym COOPACA, to provide financial assistance to small businesses under SBA’s 7(a) Loan Guaranty Program.
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