GDB may file claim in LIBOR rate manipulation case
July 17, 2012
The Puerto Rico Government Development Bank is mulling over the possibility of filing a legal claim related to the London Interbank Offered Rate manipulation case, agency President Juan Carlos Batlle told Reuters Monday.
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Office Depot Foundation to donate 2,500 ‘sackpacks’ to island students
July 17, 2012
The Office Depot Foundation will help children throughout Puerto Rico to get ready for the new school year by donating 2,500 colorful new “sackpacks” to 12 nonprofit organizations and schools during an event slated to take place Thursday, the retailer announced.
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Op Ed: Stretching your dollars to the max, a working mom’s point of view
July 17, 2012
My kids — like most kids — seem to think that money grows on trees! Every week there’s something new each one of them covets, be it a dress, a toy or a movie they want to see.
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Walmart sends moms back to school
July 17, 2012
Aware of the important role education plays on the island’s wellbeing, Walmart Puerto Rico announced the launching of a new educational initiative through which it will select 10 mothers who have not finished high school, to enroll in a program to get their diploma.
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Pretzel, cookie chains entering market in coming months
July 16, 2012
Puerto Rico’s franchise market will welcome two new players in coming months, with the arrival of Pennsylvania-based Auntie Anne’s Pretzels and Atlanta-based Great American Cookies.
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Recruiting, retaining staff key to ‘Best Employers’ honors
July 16, 2012
The 9th edition of the “Best Employers in Puerto Rico” annual survey revealed that one trait that sets them apart is how they manage their human resources, keeping track of why an employee was hired and evolving constantly to reward those who meet their standards and expectations.
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VAPR Federal Credit Union invests $8M in new HQs
July 16, 2012
Through an $8 million investment, VAPR Federal Credit Union recently broke ground on its new 70,000 square-foot headquarters located on Rd. 177 in San Juan. The new facilities, which will house the company’s administrative offices and a covered parking area, should be finished by late 2013.
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Tourism Co. announces late summer ‘paradores’ deals
July 16, 2012
Puerto Rico residents looking to get away during the final weeks of summer can choose to stay at any of 17 “paradores” (small inns) offering special rates, Tourism Company Executive Director Luis Rivera Marín said over the weekend.
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SME Puerto Rico conducts social network brands study
July 16, 2012
In its bid to continue developing research that impacts Puero Rico’s socioeconomic, behavioral and consumer trends, the Sales and Marketing Executives Association is conducting a study entitled: “La Marca Enredada” (“The Webbed Brand”) to determine the perception, use and attitudes people have about brands they access and follow on social networks.
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SBA launches transition program to steer military, vets into entrepreneurship
July 16, 2012
The U.S. Small Business Administration has joined with the Department of Veterans Affairs and the Department of Defense to launch a training program for transitioning service members and veterans to help them become entrepreneurs and create jobs.
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MIDA study reveals growing consumer frugality
July 13, 2012
Mass migration of Puerto Rico residents, the struggle to find value propositions, the variety of affordable meals at fast food restaurants, the lack of product accessibility, and empty shelves have been determined as reasons why local shoppers are spending 10 percent less on their monthly grocery bills, a study by the Marketing, Industry and Food Distribution Chamber, known as MIDA, revealed Thursday.
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Liberty adds new HD channels to lineup
July 13, 2012
Luquillo’s Liberty Cablevision of Puerto Rico announced Thursday the addition of new channels to its high-definition and basic service tiers.
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United orders 150 Boeing aircraft to renew fleet
July 13, 2012
United Continental Holdings Inc. and its wholly owned subsidiary, United Air Lines Inc., announced Thursday an order to purchase 150 narrow-body Boeing 737 aircraft. Under the new agreement, United will purchase 100 Boeing 737 MAX 9 aircraft and 50 Boeing 737-900ER aircraft for delivery between 2013 and 2022. These new aircraft will allow United to […]
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Local travel executives join fight for airline fee transparency
July 12, 2012
When it comes to air travel, it seems that each passing day witnesses the birth of a new fee for what once upon a time were benefits included in the cost of the ticket.
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Polytechnic University joins ‘Arts Thread’ creative website
July 12, 2012
Looking to expand its commitment to taking its world-class education offer global, the Polytechnic University of Puerto Rico recently became the island’s first university to join the world’s only creative graduate website, Arts Thread. Following a recent lecture by Alex Brownless, co-founder and director at Arts Thread Ltd., on bridging the global gap between education […]
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