NY Fed to host forum on youth poverty in P.R., USVI
February 5, 2020
The Federal Reserve Bank of New York, in partnership with the Youth Development Institute and Family Promise, are hosting a forum on Feb. 13 entitled “Youth Poverty in Puerto Rico and the U.S. Virgin Islands: Updates and Policy Recommendations.” The forum will explore the economic costs and consequences of high rates of child poverty as […]
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Monsanto sued for $3.5M for alleged ‘intentional and negligent’ harm to ex-worker’s health
February 4, 2020
By Eliván Martínez-MercadoCenter for Investigative Journalism After suffering a severe allergy and respiratory problems while working in Puerto Rico with experimental agrochemicals for the multinational seed producer Monsanto, agronomist Iris Pellot sued the company for allegedly causing her “intentional and negligent” harm, as well as violating her constitutional rights. The first day in court was […]
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Airbnb extends ‘Open Homes’ program through Feb. 9 after earthquakes
February 4, 2020
Airbnb announced it has extended its Open Homes program activation through Feb. 9 to help people affected by the recent earthquakes in Puerto Rico and relief workers deployed to help. The Open Homes Program connects hosts who are willing and able to provide free housing with people in need of temporary accommodation and disaster relief […]
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P.R.’s manufacturing Purchasing Managers Index drops to 41.9 in Dec.
February 4, 2020
The Purchasing Managers Index for Puerto Rico’s manufacturing sector decreased to 41.9 in December and remained below the threshold level for the ninth consecutive month, according to the most recent report released by the Puerto Rico Manufacturers Association and the Puerto Rico Institute of Statistics. “A reading below the threshold level suggests a contraction in […]
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New Fortress Energy awards $20K in scholarships to Polytechnic Univ. students
February 4, 2020
New Fortress Energy awarded a total of $20,000 in scholarships to four engineering students enrolled in the Polytechnic University to continue their studies. Students Bryan A. González-Nieves, Gustavo J. Albelo-Rivera, Josué E. Ortíz-Acevedo and Angelica C. Soto-Pomales will receive a $5,000 scholarship to cover their academic expenses. Students were chosen upon meeting a series of […]
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Leonardo 5th Avenue opening 1st store in FL
February 4, 2020
Puerto Rican businessman and fashion designer Leonardo Cordero-Suria will open his first stateside Leonardo 5th Avenue store in Winter Park, Florida on Feb. 5, he announced. The 49-year-old company known for its male fashions will be located about 10 minutes from downtown Orlando. “Winter Park is a reference in fashion, entertainment and in turn a […]
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Small inns open properties to create classrooms for southeastern area students
February 3, 2020
Members of the Puerto Rico Small Inn Owners and Tourism Association have opened their properties to receive students from schools that have been affected by earthquakes in the southern area of the island. Jesús Ramos, president of the association and owner of the Parador Villas Sotomayor in Adjuntas, said the organization representing small inns, or […]
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Kevane Grant Thornton accounting, advisory firm marks 45th yrs. in P.R.
February 3, 2020
Accounting and business consulting firm, Kevane Grant Thornton, and affiliate of Grant Thornton International Ltd, is marking its 45th anniversary in Puerto Rico. The firm that employs more than 150 professionals on the island, is celebrating a 10.1% year-over-year growth, according to Grant Thornton global statistics report as of September 2019 for the Americas region. […]
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2nd edition of HIRE health industry job fair slated for April 2-3
February 3, 2020
The second edition of the Health Industry Recruitment Event (HIRE) will take place on April 2-3 at the Puerto Rico Convention Center to provide opportunities to those who wish to work in the sector. The convention seeks to connect health industry job seekers with institutions and systems that are looking for employees, including: Doctors; nurses; […]
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Op-Ed: Change is necessary in life and in business
February 3, 2020
Digitization and automation continue to change the workforce and make traditional roles become, often, redundant. The reality is that change is necessary and if companies do not adapt to it, the competitive advantage they offer to their customers will probably disappear. Over time, we have seen that the most successful and recognized brands by people […]
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Ricoh, MB Sports team up to sponsor recycling during Caribbean Series
February 3, 2020
Ricoh Puerto Rico and MB Sports have teamed up to encourage recycling during the Caribbean Series San Juan 2020, taking place through Feb. 7 at the Hiram Bithorn stadium. To champion environmental conservation, the companies have provided recyclable garbage containers in and around the stadium grounds. “This homerun for the environment is an initiative that, […]
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Francisco Carvajal Foundation grants $150K to American Red Cross
February 3, 2020
The Puerto Rico Chapter of the American Red Cross received a $150,000 donation from the Francisco Carvajal Foundation to support the organization’s response operation to help families affected by earthquakes in the southwest of the island. “At the Red Cross, we greatly appreciate this donation from the Francisco Carvajal Foundation, which comes at a crucial […]
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Firm to offer free conference to help ‘reactivate’ southern-area businesses
February 3, 2020
Looking to help business owners or companies operating in the Puerto Rico’s southern towns hit by recent earthquakes, public relations firm Upfront Communication will hold the “Reactivate your business in times of crisis” conference on Feb. 20. The talk targets businesses in Ponce, Peñuelas, Yauco, Guánica, Guayanilla, Lajas and Cabo Rojo, whose economic activity has […]
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Gov’t publishes Opportunity Zones regulation for public comment
January 31, 2020
Economic Development and Commerce Secretary Manuel Laboy announced the publication for the review by the general public of the regulation that implements the provisions of sections 6070.54-6070.69 of the Opportunity Zones benefits of the Puerto Rico Incentives Code. The regulation establishes the rules, requirements and criteria that will be used for the request and issuance […]
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Parliament Capital Management opens office in Santurce
January 31, 2020
Parliament Capital Management LLC, an investment management firm based in San Juan with a focus on direct lending and other credit opportunities, recently expanded its local footprint with the opening of its new offices in the Ciudadela complex in Santurce. Since the launch of its investment management practice in 2014, PCM has become a leader […]
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