Metropistas takes driver’s seat to manage PR-22, PR-5
September 22, 2011
Autopistas Metropolitanas de Puerto Rico, the consortium the government selected in June to assume the management, maintenance and operation of PR-22 and PR-5, will take the driver’s seat today, vowing to turn the heavily transited toll highways into world-class roads.
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HFA opens 2nd round of foreclosure assistance program
September 22, 2011
Looking to offer alternatives to address the problem of foreclosures in Puerto Rico, the Housing Finance Authority Executive Director George Joyner announced Wednesday the start of a second round of the "Protecting your Home" program, to offer help to families and individuals who have experienced a decline in income and are at risk of losing their homes.
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P.R. Justice Department likely to oppose AT&T/T-Mobile deal
September 21, 2011
The Puerto Rico Justice Department will express its position on the proposed acquisition by AT&T of T-Mobile’s assets in coming days, likely opposing the deal due to concerns about its potential effects on the local competitive landscape, News is my Business learned.
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Local trade groups look to DR for growth during November commercial mission
September 21, 2011
A delegation of representatives from five of the island’s biggest trade groups is headed to the Dominican Republic in November looking to boost exports through agreements with their counterparts in the neighboring island nation, the Dominican-Puerto Rican and Caribbean Entrepreneurial Alliance announced Tuesday.
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Guinness-worthy giant cup of coffee featured at upcoming P.R. Coffee Expo
September 21, 2011
Puerto Rico’s coffee industry is marking its 275th anniversary this year, a milestone to be celebrated during the second edition of the “Puerto Rico Coffee Expo,” slated for Oct. 8-9, at the Puerto Rico Convention Center, the event’s trio of organizers said during a news conference Tuesday.
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Obama’s proposed cutbacks could set back local CFCs, spur reclassification
September 20, 2011
A proposal in President Barack Obama’s deficit reduction plan unveiled Monday could put a wrench in the joint aspirations of the local government and the private sector to get improved tax conditions for controlled foreign corporations doing business on the island.
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Economic Development Summit slated for next week
September 20, 2011
Members of the government’s economic team, headed by Economic Development and Commerce Secretary José Pérez-Riera, will host the third edition of the Economic Development Summit, Sept. 27 at the Sheraton Convention Center.
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P.F. Chang’s recruiting 300 people for Plaza Las Américas eatery
September 19, 2011
In preparation for its November opening at Plaza Las Américas, casual dining modern chinese eatery P.F. Chang’s China Bistro is looking to recrui as many as 300 employees. Interviews are taking place through Sept. 23, from 9 a.m. to 4 p.m. at the San Juan Wildlife Museum on Kennedy Avenue.
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La Fortaleza to file proposal in Congress to drum up investments
September 19, 2011
Resident Commissioner Pedro Pierluisi will submit in Congress this week the proposed Puerto Rico Investment Promotion Act, which seeks to increase business investment and create jobs on the island.
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Green energy workshop draws strong participation
September 19, 2011
More than 70 companies, association and trade groups involved in developing renewable energy projects took part in a weekend workshop sponsored by the Energy Affairs Administration to discuss the benefits attainable through the government’s Green Energy Fund.
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Government pumps $4.2M into Punta Santiago Natural Reserve
September 19, 2011
The Punta Santiago Natural Reserve in Humacao is working on the final details to become the island’s first ecotourism reserve, following an investment of more than $4.2 million to prepare facilities and hire staff, government officials said after a tour of the facilities late last week.
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7 states join fight against ATT/T-Mobile merger, P.R. stance unclear
September 19, 2011
The movement against the proposed merger between AT&T and T-Mobile USA gained greater momentum late last week, when seven state attorney generals, including New York’s, joined the U.S. Justice Department’s lawsuit to block the deal.
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Amgen’s Suliveras Ortíz receives $5K for charity
September 19, 2011
The Amgen Foundation recently selected Wilma Suliveras Ortíz, a human resources staff member at Amgen’s Juncos manufacturing complex, along with 10 other company employees, to receive the 2011 Amgen Excellence in Volunteering Awards.
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Ferry operator ramps up PR/DR schedule
September 17, 2011
Three months after reinstating the maritime connection between Puerto Rico and the Dominican Republic, America Cruise Ferries is ramping up its weekly schedule with an additional trip from San Juan, company officials said Friday.
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Judge grants injunction in Britto copyright suit
September 15, 2011
In a hearing at the U.S. District Court Thursday, Judge Gustavo Gelpí granted Britto Romero’s request for a preliminary injunction to ban the sale of counterfeit products bearing his colorful artworks.
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