One month after Liberty Puerto Rico announced its decision to pull the plug on Viacom-owned programming, the American Cable Association sent a letter to the Federal Communications Commission slamming the content provider’s decision to also block access to its websites by broadband Internet subscribers, including those served by the carrier.
Two days after Doral Financial Corp. disclosed its weakened capital position, Standard & Poor's Ratings Services said Wednesday it lowered its issuer credit rating to 'CC' from 'CCC-' and placed the rating on CreditWatch with negative implications.
The Commonwealth of Puerto Rico and medical technologies provider Hill-Rom announced Wednesday a multimillion-dollar investment to improve and expand the company’s medical device manufacturing operations on the island.
The Puerto Rico Treasury Department announced Wednesday it has cut $147.2 million in tax refunds corresponding to 247,744 tax returns during the current tax cycle, representing $80 million more than what was disbursed at this time last year.
Celebrating 20 years of association, RadioShack and Call2Recycle announced this week they will be expanding their battery collection and recycling program to stores in Hawaii and Puerto Rico.
The Puerto Rico Products Association unveiled Tuesday five key recommendations gathered during its recent annual convention, to help the island get back on the path of cohesive economic development.
Triple-S Management Corp. managed care company announced Tuesday consolidated revenues of $584.8 million and consolidated operating income of $10 million for the three months ended Mar. 31, 2014.
The Puerto Rico Industrial Development Company is seeking an operator for the second and third phases of the recently launched sugarcane harvesting project, opening a call for Request for Proposals on Tuesday.
The World Alliance for Decentralized Energy (WADE) announced Tuesday its first annual Caribbean Energy Conference, to be held May 14-16, 2014 at the Sheraton Hotel.
Álvaro Fischer, president of Fundación Chile, was recently invited to address entrepreneurs from Oriental Bank’s commercial banking division, on the topic of innovation in entrepreneurship and available opportunities for Puerto Rico’s economic development.
Two pharmaceutical giants, Bayer AG and Merck, announced this morning a deal through which the first has agreed to pay $14.2 billion for the latter’s Consumer Care Unit, picking up global trademark and prescription rights for a number of recognized brands, including Claritin and Afrin.
The indication by members of Gov. Alejandro García-Padilla’s administration of a slight economic recovery over the past two fiscal years is “simply a mirage,” and it will take significant adjustments to achieve the growth predicted for coming years, economist firm H. Calero Consulting Group Inc. said in its most recent monthly publication.
Nonprofit Association of Latino Professionals in Finance & Accounting, or ALPFA, recently hosted a meet-and-greet networking event gathering more than 100 young business professionals from different organizations and colleges looking to form alliances to strengthen Puerto Rico’s economy and education through collaborations, initiatives and creative solutions that pursue positive results.
The U.S. Department of Agriculture is seeking applications from rural small businesses and agricultural producers for funding to make energy efficiency improvements or to install renewable energy systems, both on the U.S. mainland and Puerto Rico.
Gov. Alejandro García-Padilla signed Sunday an executive order to extend service hours for certain Puerto Rico government agencies, as was established by law more than a decade ago.
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