Telecom Board launches tech workshops for seniors
November 11, 2014
Puerto Rico Telecommunications Regulatory Board President Javier Rúa-Jovet announced Monday the start of a series of free workshops to provide digital education to the island’s senior citizen population residing in 33 towns.
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Lender Moneyhouse gets Ginnie Mae issuer approval
November 11, 2014
The Money House Inc., a full service mortgage lender, announced Monday it has received approval to be a Ginnie Mae issuer for the GNMA I and II single-family mortgage-backed securities program and Home Equity Conversion Mortgage-Backed Security.
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Popular completes sale of 3rd U.S. mainland region
November 11, 2014
Popular Inc. announced Monday that Popular Community Bank, its U.S. banking subsidiary, completed the previously announced sale of its California regional operations to Banc of California, National Association a wholly owned subsidiary of Banc of California Inc.
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Op-Ed: Puerto Rico, the sum of its parts
November 10, 2014
Puerto Rico’s economic situation raises serious questions about the capacity of policymakers to get it under control.
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Urban planner offers tough talk on Cuba’s economic prospects
November 10, 2014
When Miguel Coyula discusses Cuba’s struggling economy, he sounds more like a Miami-based critic of the Castro regime than a retired Cuban official visiting the United States on a lecture tour, then going back home to Havana.
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Analysts debate Puerto Rico debt crisis at Brookings seminar
November 7, 2014
WASHINGTON — More than 100 people crammed into a conference room at one of Washington’s most prestigious think tanks Thursday to hear three experts dissect what exactly caused Puerto Rico’s worsening debt crisis and how to fix it.
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Cable & Wireless to buy Columbus International for $3B
November 7, 2014
Cable and Wireless Communications PLC announced Thursday it has reached a conditional agreement to acquire Columbus International Inc.
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SBA loan program hits lending record in FY 2014
November 7, 2014
The U.S. Small Business Administration’s 7(a) Loan Program reached another lending record in FY 2014, SBA Administrator Maria Contreras-Sweet announced Thursday.
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OFG Bancorp selected to Barron’s 400 Index
November 7, 2014
OFG Bancorp announced Thursday it has been selected to be included in the 2014 Barron’s 400 Index. The index, jointly developed by Barron’s Magazine and stock research firm MarketGrader, measures the performance of the most fundamentally sound and attractively priced stocks.
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Claro launches new wireless plans with more data
November 7, 2014
Wireless service provider Claro announced Thursday the availability of new contract-free plans offering more data and LTE speeds of 10GB, 15GB and 30GB. The new plans are designed for clients that consume high levels of broadband data, and are priced at $60, $70 and $100 a month, respectively.
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Triple-S reports 3Q14 results, stock repurchase program
November 5, 2014
Triple-S Management Corp. announced Tuesday net income of $4.7 million for the third quarter ended Sept. 30, reflecting a 75 percent drop from last year's third quarter net income of $18.6 million
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Guayacán lands grant to launch I-Corps Puerto Rico
November 5, 2014
The U.S. Economic Development Administration has awarded Grupo Guayacán Inc. a $62,000 technical assistance grant to launch I-Corps Puerto Rico, a customer discovery boot camp for entrepreneurs looking to build and develop scalable business models, the nonprofit announced Tuesday.
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Puerto Rico debt crisis focus of Brookings panel
November 4, 2014
On Nov. 6, the Brookings Institution — one of Washington’s most prestigious think tanks — will delve into the origins of Puerto Rico’s $73 billion debt crisis and what can be done to nurse the island’s ailing economy back to health.
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Puerto Rico to host 96 conventions through Jan.
November 4, 2014
Puerto Rico has been selected to host 96 events including, conferences, annual meetings and sports activities for this winter season. This represents an estimated 40,894 room nights and a total direct spending of $23 million into the local economy, Meet Puerto Rico President Milton Segarra said Monday.
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Money mag names Popular Community Bank ‘Best Bank’
November 4, 2014
Popular Community Bank, a subsidiary of Popular Inc., has been included among the “Best Banks” in Money Magazine’s recent survey, which reviewed 70 of the nation’s largest banks for their checking, savings, and CD terms.
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