EVERTEC Inc. announced Thursday the pricing of a previously announced underwritten public offering of 20 million shares of its common stock by an affiliate of Apollo Global Management, LLC, Popular Inc., and certain officers and current and former company employees at $22.50 per share. The underwriters will have a 30-day option to purchase up to […]
In response to an avid response from consumers and gasoline retailers, Puma Energy Caribe, LLC. announced Thursday it will offer gasoline with ethanol in more than 270 service stations across Puerto Rico.
The U.S. Commerce Department’s National Telecommunications and Information Administration this week awarded a $1.4 million grant to Puerto Rico under the State and Local Implementation Grant Program to help in planning for the island’s First Responder Network Authority, known as FirstNet.
Oriental Bank is looking to add 25,000 new customers and boost deposits by 3 percent in the next 12 months by offering to reimburse them for the bank fees they pay for using a competitor’s automated teller machine.
The U.S. Department of Agriculture announced Wednesday it is making $5.6 million available in grants through the Rural Community Development Initiative to help rural businesses create jobs and spur economic development.
Banco Santander, armed with the support from the government and members of the academic community, announced Tuesday the launching of the second edition of its U-Work internship program, which this year will benefit 354 college juniors and seniors with real-world work experience.
For years, Puerto Rico has had a long-standing reputation for being a mecca for manufacturing and production for major companies who flock to this Caribbean island in search of talented workers and tax benefits.
Popular Inc. announced Tuesday that Richard Carrión will continue as CEO and Chairman of the financial institution after participating as a candidate for president of the International Olympic Committee (IOC).
Johnson & Johnson recently donated $500,000 to 11 organizations that primarily support maternal and youth preventative health programs in Puerto Rico as part of its “Partnership Program for Our Well-Being,” which is now in its 24th year in Puerto Rico.
The Universidad Central del Caribe was recently selected to receive a grant from the National Institute of Health for its Specialized Neuroscience Research Program of $1.4 million for each of the next three years, with the possibility of extending the financial assistance to five years, the school announced this week.
Prof. Nelson Cardona, of the University of Puerto Rico in Mayagüez nabbed the “Educator of the Year, Higher Ed” award from the Society of Hispanic Professional Engineers, which through its STAR Awards seeks to recognize key contributors in the Hispanic community in the fields of science, technology, math and engineering (STEM).
The 8th edition of the “Tour de Cure” event is slated to take place this weekend, Sept. 14-15, in Aguadilla, on the grounds of LifeScan Products LLC (LifeScan), a member of the Johnson & Johnson Family of Diabetes Solutions Companies, to raise funds for the American Diabetes Association.
The Puerto Rico Hotel & Tourism Association unveiled Monday details of a strategic alliance with local and international businesses that seeks to strengthen the island’s lure as a destination, to be known as “PUR Puerto Rico.”
Oriental Bank President José Rafael Fernández will be chairing the Puerto Rico Bankers Association starting this month, something he described Monday as “a true challenge, but a great opportunity.”
Puerto Rico’s labor market is at a crossroad, with thousands of productive workers fleeing to the U.S. mainland in search of professional opportunities that may not be available locally.
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