Tod’s opens 1st boutique in P.R. at The Mall of San Juan
February 4, 2019
Accessories etailer Tod’s recently opened its first boutique in Puerto Rico, at The Mall of San Juan. There are two large shop windows dedicated to the Tod’s women’s and men’s collections, which are presented in a unique selling space of about 2,800 square feet, organized on one floor. The store will feature the retailer’s latest […]
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World Central Kitchen secures additional $4M for P.R. projects thru ’23
February 1, 2019
World Central Kitchen Puerto Rico made a commitment with the Clinton Foundation to add $4 million in funds that will be used exclusively in Puerto Rico with the mission of promoting sustainable agriculture projects on the island under the “Plow to Plate” support platform, the nonprofit announced. “Plow to Plate” offers financial support and training […]
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Ford, Gravity Sketch explore new tool for designing vehicles to meet customers’ needs
February 1, 2019
From a desk at the Ford Design Studio, a designer enters a virtual room and begins a 3D sketch. He is designing a virtual car around himself and adjusting the attributes to best suit him – the driver. This work is part of Ford’s latest exploration of a new process that places the customer at […]
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IEEFA says privatizing P.R. Electric Power Authority is not the answer
February 1, 2019
Puerto Rico’s electricity consumers will pay unreasonably high rates if plans to privatize the Puerto Rico Electric Power Authority move forward. The IEEFA analysis, “PREPA Privatization Will Hurt Consumers and Slow Economic Recovery,” recommends reforming the public model as more reliable, affordable, and sustainable both financially and environmentally. If the proposed privatization model is implemented, […]
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McConnell Valdés LLC opens office in Miami
February 1, 2019
McConnell Valdés LLC, the largest law firm in Puerto Rico, has expanded its operations by establishing an office in Miami. With this, McV reinforces its expansion plan and continuous growth, the firm stated in a press release. The newly opened office offers legal services to a diverse client roster that range from individuals to financial […]
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Caribbean leaders: ‘We’re still split between Elizabeth and Isabela’
January 31, 2019
Some of the most prominent Caribbean leaders who participated in the Clinton Foundation’s two-day gathering in San Juan Wednesday agreed that the region is grossly divided, “still split between Elizabeth and Isabela.” With that, they supported their arguments that the region needs to come together more cohesively — be them U.S. mainland, French, Dutch or […]
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‘Social determinants’ census underway in Vieques
January 31, 2019
Finding solutions to the core problems in Puerto Rico requires making visible the socioeconomic and health needs — also known as social determinants — of vulnerable and lagging populations. With this in mind, a dozen community organizations from Vieques joined in late 2018 and determined to use technology to provide help with greater precision and […]
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P.R.-made point-of-sale technology to be used in Super Bowl ’19
January 31, 2019
Integrated point of sale system, eMobilePOS, created by Puerto Rican company e-Nabler Corp., will be used in Super Bowl LIII, the company announced. eMobilePOS will be used in the stores located at the Mercedes-Benz Stadium in Atlanta, Georgia during the Super Bowl game in which merchandise from the New England Patriots and the Los Angeles […]
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Clinton Foundation locks down 50 ‘Commitments to Action’ to continue Caribbean recovery
January 30, 2019
The Clinton Foundation, through its Clinton Global Initiative Action Network on Post-Disaster Recovery initiative, is pushing forward with its effort to work with government, business, and civil society partners to develop strategies and solutions to address hurricane recovery needs facing the region, while laying the foundation for a more resilient future. President Bill Clinton, founder […]
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First BanCorp. reports $201.6M in net income for ’18; $101.1M for 4Q18
January 30, 2019
First BanCorp., the bank holding company for FirstBank Puerto Rico, reported net income of $201.6 million, or $0.92 per diluted share, for the year ended Dec. 31, 2018, compared to $67 million, or $0.30 per diluted share, for the year ended Dec. 31, 2017. The financial institution also reported net income of $101.1 million, or […]
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Recognized brands open call for women interested in entrepreneurship
January 30, 2019
As part of the “When we support one another, we become more” initiative, six recognized brands in the local market announced an open call for women interested in participating in a training and coaching program to become entrepreneurs and establish their own businesses. Representatives for Special K, Lactovit, Carson Life, Colgate, U by Kotex and […]
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SBA extends deadline for ’19 National Small Business Week Awards nominations
January 30, 2019
Due to the federal government shutdown, the U.S. Small Business Administration has extended the deadline for the 2019 National Small Business Week Awards nominations to no later than 3 p.m. on Feb. 4, 2019. “Since 1963, National Small Business Week has recognized the outstanding achievements of small businesses, and the contributions they make to their […]
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Rossello submits bills to reorganize DTOP, projects $13M in savings in 1st year
January 29, 2019
Puerto Rico Gov. Ricardo Rosselló submitted legislative measures to reorganize the Department of Transportation and Public Works, which will generate $13 million in the first year and $142 million in five years, according to the Fiscal Plan. The DTOP, as the agency is known for its initials in Spanish, will be the umbrella agency for […]
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UPR Humacao campus students take top ‘Financial Awareness Video Contest’ wins
January 29, 2019
The Puerto Rico Bankers Association (PRBA) and the Federal Reserve Bank of New York (FRBNY) recognized the creativity and talent of college students who participated in the most recent edition of the “Financial Awareness Video Contest.” For 10 years, said competition has been well known for motivating college students to develop creative audiovisual pieces about […]
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Grupo Guayacán opens call for 8th I-Corps P.R. cohort
January 29, 2019
Grupo Guayacán Inc. (GGI) announced that it will offer the upcoming eighth cohort of its Customer Discovery Boot Camp, I-Corps Puerto Rico (I-Corps PR), at the Gurabo campus of Ana G. Méndez University (AGMU). This marks the first time that the idea validation program will be offered at this campus, and the second time it’s […]
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