National Public Finance Guarantee Corporation announced that it and other creditors have voluntarily dismissed without prejudice the adversary complaint filed on Aug. 7, 2017 which sought to compel the Puerto Rico Electric Power Authority to deposit revenues with the bond trustee as required by the terms of the PREPA Trust Agreement, PROMESA and the U.S. Constitution.
Many professionals are looking for ways to return to work after the devastation brought on by Hurricane María, but find themselves without an office or internet.
Puerto Rico Gov. Ricardo Rosselló said Friday the expectations that power will be fully restored in four to six months is “unacceptable” and vowed to set off an aggressive strategy to energize the island as soon as possible.
The U.S. House of Representatives approved Thursday the Supplemental Appropriations Bill Disaster, HR 2266, which allocates $35 billion for emergencies and benefits Puerto Rico in the recovery phase following the landfall of two hurricanes in less than two weeks.
Baxter International Inc. said Thursday while it is anticipating a reduction in revenue for fourth quarter 2017 as a result of Hurricane María, it expects to “mitigate the related earnings impact through positive performance in other areas of the business.”
Avara’s Arecibo plant did not sustain significant impact to its critical manufacturing areas, and the company is expected to continue delivering to customers, the company’s CEO, Tim Tyson said Thursday.
In response to New York Gov. Andrew Cuomo's request to provide medical support to residents of Puerto Rico following the devastation of Hurricane María, Northwell Health deployed 27 employees Thursday to assist in the medical mission.
Three of the island’s major wireless carriers reported progress on their network recovery efforts as of Wednesday, as more consumers in Puerto Rico recover services.
The Puerto Rico Funders Network has launches the FORWARD Puerto Rico Fund to support nonprofit organizations that are providing direct service to communities affected by the devastating hurricanes Irma and María, organizers confirmed Wednesday.
Today when I opened my eyes I felt blessed. Blessed for the opportunity of waking up and being with my family and being here alive.
Less than one week after Hurricane María hit and completely devastated Puerto Rico, Puerto del Rey Marina in Fajardo opened for business, and is able to provide all regular services to its clients, company executives said.
Hill-Rom Holdings Inc. provided an update on its Aspen Surgical facility in Las Piedras, where it manufactures Bard-Parker surgical scalpels and blades.
As part of Puerto Rico's support and recovery efforts following Hurricane María, Crunch Fitness is kicking off its new “Crunch Cares” program, which will feature franchise clubs in the United States and Puerto Rico.
Customer relationship management and business process outsourcing solutions company Atento, which employs about 900 people in Caguas, is evaluating its options to possibly relocate its call center there, town officials confirmed Tuesday.
Schneider Electric announced it has extended its relief efforts to those affected by Hurricane María by donating APC by Schneider Electric lighting and power supplies to the American Red Cross.
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