A.M. Best upgrades Atlantic Southern Insurance Co.
abril 10, 2014
A.M. Best has upgraded Atlantic Southern Insurance Company’s financial strength rating to B++ (Good) from C++ (Marginal) and issuer credit rating to “bbb” from “b+.” The ratings have been removed from under review with positive implications and assigned a stable outlook, the agency said Wednesday.
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Wyndham partners with DNER to protect sea turtles
abril 10, 2014
The Wyndham Grand Río Mar Beach Resort & Spa, located along a pristine stretch of beach in Río Grande, has partnered with the Department of Natural & Environmental Resources to create a conservation program for sea turtles, which are currently in nesting season.
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Banco Santander challenges students to design F1 trophy
abril 10, 2014
Banco Santander, through its Santander Universities Global Division, has challenged university students from all over the world to design the official Formula One trophy which will be presented to the British and German F1 Grand Prix winners.
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Bacardí Limited CEO Shirley leaves company
abril 9, 2014
The Board of Directors of Bacardí Limited announced this week the departure of president and chief executive officer Ed Shirley, who will return to retirement after a 36-year career.
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CBP will increase number of agents in Puerto Rico
abril 8, 2014
The U.S. Customs and Border Protection, which is part of the U.S. Department of Homeland Security, will increase the number of agents in Puerto Rico and other jurisdictions by hiring a total of 2,000 additional agents, Puerto Rico Federal Affairs Administration Executive Director Juan E. Hernández announced.
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Saltchuk announces acquisition of Tropical Shipping
abril 8, 2014
A subsidiary of transportation and petroleum distribution company, Saltchuk Resources, has entered into a binding purchase and sale agreement to acquire Tropical Shipping and its related companies, it was announced Monday.
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Ventura Corp. to pay $354K to settle sex bias case
abril 7, 2014
Ventura Corporation, a Puerto Rico-based wholesaler of makeup, beauty products, jewelry and other personal care items to retail sellers, has agreed to settle a sex discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission.
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P.R. Coffee Roasters launches sustainability project
abril 4, 2014
Puerto Rico Coffee Roasters on Thursday launched an awareness and social responsibility project dubbed “Sembrando el Bien,” (“Sowing the Good”) whose goal is to preserve and spare natural resources by developing sustainable agriculture to contribute to the island’s well being.
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Pierluisi lauds Senate vote extending expired tax terms
abril 4, 2014
Puerto Rico Resident Commissioner in Washington, Pedro Pierluisi, on Thursday praised the Senate Finance Committee’s decision to extend, for 2014 and 2015, a package of expired tax provisions known as “tax extenders.”
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Claro unveils Cloud Connected for business clients
abril 4, 2014
Telecommunications provider Claro unveiled Thursday MobileIron’s Cloud Connected service, which offers protection and control to any mobile device used within an organization, whether company or employee-owned.
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Puerto Rico manufacturing PMI jumped to 52.8 in Feb.
abril 2, 2014
Puerto Rico’s Purchasing Managers Index for the manufacturing sector increased to 52.8 in February, vaulting over the 50-point threshold after two consecutive months of falling short, the report released Tuesday by the Puerto Rico Institute of Statistics revealed.
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Constructora Santiago settles sexual harassment case
abril 2, 2014
Constructora Santiago II Corp., a federal construction contractor in San Juan, will make a lump sum payment of $40,000 to three female carpenters who were allegedly sexually harassed, retaliated against and denied regular and overtime work hours comparable to those of their male counterparts.
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Meet Puerto Rico unveils ‘Escape the meeting blah!’ pitch
abril 2, 2014
In a bid to usher in Spring, Meet Puerto Rico has launched its new “Escape the Meeting Blah!” campaign, which rewards meeting and incentive industry planners for booking groups at member hotels and resorts in Puerto Rico between April 1 and May 30, 2014.
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Popular Inc. launches news account on Twitter
abril 1, 2014
Popular Inc. announced Monday the launch of its news Twitter account, @BPOPComm and a revamped online newsroom to which media and the general public will have complete access to obtain information about the financial institution.
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‘HackPR’ links companies with new tech talent
marzo 31, 2014
The second edition of Puerto Rico’s biggest student-run hackathon, “HackPR,” took place over the weekend in Mayagüez, allowing technology amateurs and professionals showcase their skills before big name companies like Microsoft and Google, and also to local start-ups that are in the lookout for new talent that can satisfy their technological needs.
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