Oriental’s González takes Fed. Home Loan Bank NY post
September 24, 2013
José Ramón González has resigned as senior executive vice president of banking and corporate development to accept a position as executive vice president of the Federal Home Loan Bank of New York, Oriental Financial Group announced Monday.
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Paulson buys majority stake in St. Regis Bahía Beach
September 24, 2013
Paulson & Co. Inc., a New York-based investment firm, announced Monday that on behalf of its Recovery Funds it has acquired a majority interest in The St. Regis Bahía Beach Resort, Puerto Rico and the Bahía Beach Resort & Golf Club.
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Practical Techie: Tech in Cuba ‘ready to go supernova’
September 24, 2013
No one knows when or how it will happen, but it when it does, U.S.-based companies that do tech commerce in the Caribbean will be ready.
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INTERPHEX Puerto Rico to feature education, training
September 24, 2013
INTERPHEX Puerto Rico, together with Medical Device Puerto Rico and Buildings & Facilities Puerto Rico 2013, will present a robust educational program featuring industry experts who have led innovative global initiatives in areas such as sustainability and security to reduce manufacturing costs, optimize the supply chain, and maximize human resources. The event will take place Oct. 10-11 at the Puerto Rico Convention Center.
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Puerto Rico’s 1st ChocoBar opens in Old San Juan
September 23, 2013
A glittering ChocoBar, with a chocolate-based menu sure to melt a dieter's firmest resolutions, has opened in old San Juan as the first salvo in a strategy by the Cortés Group to project its brand, Cortés chocolate, internationally.
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Appointments at FirstEnergy, President’s Export Council
September 23, 2013
FirstEnergy Corp. recently announced that Luis A. Reyes has been elected to the company's Board of Directors, while President Barack Obama named AES president and CEO, Andres R. Gluski, to his Export Council.
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FirstMortgage optimizes online mortgage servicing app
September 23, 2013
FirstMortgage recently upgraded its website’s online mortgage servicing features, enabling customers to conduct a variety of transactions.
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Walmart donates truck to Puerto Rico Food Bank
September 23, 2013
September is hunger awareness month and with that in mind, Walmart Puerto Rico recently donated a refrigerated truck to the Puerto Rico Food Bank, a nonprofit organization founded in 1988 to meet the food needs of socioeconomically disadvantaged children, the sick and needy.
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Treasury collections down $40M year-over-year in Aug.
September 20, 2013
The Puerto Rico Treasury Department collected $40 million less last month with $472.7 million in net revenue, down from the $513.5 million in net revenue in the books for the same month last year, according to figures the agency released Thursday.
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Cape Air to fly San Juan to Culebra, Virgin Gorda routes
September 20, 2013
Regional Cape Air is moving ahead with growth plans for the Caribbean with the addition of non-stop service between San Juan and Culebra and between San Juan and Virgin Gorda.
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Op-Ed: Condado unites to block mega billboard
September 20, 2013
In an unprecedented show of unity, members from different sectors of the Condado community came together this week in an old fashion sit in, on the sidewalk opposite the newly renovated Vanderbilt Hotel, to protest the clandestine installation of a 60-foot high, 20-foot wide, multisided, illuminated, mega billboard in a parking lot in the heart of the "Fifth Avenue of Condado," Ashford Avenue.
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Ford teams up with comedian Alex Díaz for college tour
September 20, 2013
Ford Motor Company and Puerto Rican comedian Alex Díaz recently kicked off the second phase of a college tour to the launch of the 2014 Ford Fiesta, looking to showcase the new vehicle, while presenting the comedian’s new, free stand-up comedy show called “Profe…NO ENTIENDO” (“Professor, I don’t GET IT”).
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JetBlue, Inter American Univ. partner to prepare pilots
September 19, 2013
JetBlue Airways, Puerto Rico’s largest carrier, announced Wednesday a new partnership with Inter American University’s School of Aeronautics, which will now become part of the airline’s “University Gateway Program,” a pilot talent pipeline in conjunction with university aviation programs and regional airlines.
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Design in Puerto Rico group seeks designers for NYC fair
September 19, 2013
Design in Puerto Rico will conduct a design contest called “Producibles” to select the designers who will represent Puerto Rico during the Wanted Design NYC 2014 international design fair, announced Carlos Bobonis, the group’s founder and director.
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P3 Authority Board moves Caguas train project forward
September 19, 2013
Puerto Rico Public-Private Partnership Authority’s Board has finished evaluating the Caguas-San Juan commuter rail project desirability and convenience study, giving the agency the go-ahead to continue the procedures to establish a partnership for the project, P3 Authority Executive Director Grace Santana said Wednesday.
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