Following President Barack Obama’s announcement of his intention to revisit the proposal to increase the federal minimum wage to between $9 and $10 an hour starting in 2015, the Puerto Rico Manufacturers Association on Thursday raised a warning flag over the possible effects the hike could have on local companies given the island’s economic situation.
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.
Since its enactment by the federal government in 2010, the Affordable Care Act has already saved more than 45,000 Medicare beneficiaries in Puerto Rico a total of $111.4 million on the cost of prescription drugs, Resident Commissioner Pedro Pierluisi said Sunday.
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