5 local companies among P.R.’s 10 most reputable
September 15, 2011
A good reputation is one of the most valuable assets to have, whether as an individual or a corporation. Without that, it is tough to survive as an entrepreneur or a Fortune 500 player. In Puerto Rico, there are 10 companies that have a commanding lead when it comes to how consumers perceive them, and are evenly split between local and international operations.
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Point Guard to compete in compulsory auto liability insurance market
September 15, 2011
Point Guard Insurance Agency, a new player in the compulsory auto liability insurance policy market, is vowing to take over a considerable portion of the market by offering a better service structure and more efficient claims processes than the incumbent Compulsory Insurance Joint Underwriters Association, or ASC.
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FirstBank launches zero-balance checking account
September 15, 2011
As part of its strategy to increase customer deposits, FirstBank announced Wednesday the launch of “Cuenta 1,” a checking account for individuals that carries no service fees, does not require a minimum opening balance or minimum monthly balance.
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Britto sues 200 local shops, wholesalers to snuff out counterfeits
September 14, 2011
Pop Artist Romero Britto is looking to eliminate thousands of counterfeit items bearing his bright and colorful copyrighted designs from the Puerto Rico market through a federal civil lawsuit filed against nearly 200 local wholesalers and retailers for copyright and trademark infringement. In the complaint filed on Aug. 31, the artist seeks millions in damages.
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Howard Johnson launches new website, mass marketing effort
September 14, 2011
Following the recent $1.1 million remodeling of its Howard Johnson hotel in Isla Verde, owners Empresas Santana are launching a redesigned website to market the property “to attract new markets and tourists to the island,” company officials said Tuesday.
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U.S. Postmasters gather for convention in San Juan
September 14, 2011
Some 1,700 members of the National Association of Postmasters of the United States are holding their annual convention in San Juan this week, with an agenda chock-full of professional development workshops, social activities and tours around the island.
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Plaza Las Américas submits highest bid for Borders lease
September 13, 2011
A day before the last of the remaining Borders stores on the island is slated to close, Plaza Las Américas confirmed it has submitted the highest bid for the 34,000 square-foot prime location in the Hato Rey mall.
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PIA balks at ‘subjective’ pharma quality study
September 13, 2011
The Puerto Rico Pharmaceutical Industry Association raised three specific objections to the recently released study evaluating quality results in drug manufacturing plants outside the U.S. mainland, saying, among other things, the findings were “highly questionable.”
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Credit, debit card fraud can be a matter of life and death
September 13, 2011
Last weekend, a woman was at home in Orlando, when she got a call from her bank warning her of a potentially fraudulent transaction involving her debit card. Someone had lifted the card number to go on a $150 shopping spree at a mega-retailer in Canóvanas, miles from where she was in Florida.
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Kevane Grant Thornton launches new smartphone app
September 13, 2011
Kevane Grant Thornton announced Monday the launch of the first tax and business application for mobile devices in Puerto Rico, calling it “an innovation in the accounting profession.”
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CTIA: US wireless industry to invest billions through 2015
September 12, 2011
As the stateside wireless industry’s landscape faces the possibility of reshaping to accommodate the proposed merger of two important service providers, the CTIA Wireless Association recently released an overview of the sector’s virtually unstoppable plans to invest and grow.
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WSJ: Social Security Administration probing potential disability fraud case in P.R.
September 12, 2011
Social Security Administration Inspector General Patrick O’Carroll is said to be looking into a case of potential disability fraud in Puerto Rico associated with the recent closing of an undisclosed plant that left 300 jobless, the Wall Street Journal reported.
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Op-Ed: Hurricane Irene update: Assessing the damage and taking action to help business owners, homeowners and renters
September 12, 2011
Right now, many communities are still feeling the aftermath of Hurricane Irene, including major floods in Puerto Rico. I can’t emphasize enough the importance of staying safe and listening to public officials. Flooding is still widespread and dangerous power lines are still down, so be sure to steer clear.
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Toyota de Puerto Rico selects American Traveler Motor Club for roadside assistance
September 12, 2011
Toyota de Puerto Rico recently selected Florida-based American Traveler Motor Club to provide roadside services to its Toyota, Scion and Lexus vehicle owners on the island, News is my Business learned.
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Sunday schedule for banks mixed bag; Scotia, FirstBank open, BPOP closed
September 11, 2011
Scotiabank de Puerto Rico will keep its Plaza Las Américas branch closed today, due to weather conditions and for the safety of its employees and clients, bank officials announced.
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