Evertec to repurchase $70M of its common stock
March 7, 2024
During the last quarter of 2023, Evertec repurchased 344,715 shares of its common stock at an average price of $36.82 for a total of $12.5 million. #NewsismyBusiness
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Centro Casas to auction 70+ properties in Puerto Rico
March 7, 2024
The auction will take place at the Aloft San Juan Hotel on March 15. #NewsismyBusiness
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Gov’t prepares to offer subsidy on telecom equipment when broadband incentive ends
March 6, 2024
Puerto Rico seeks alternatives as broadband subsidy end looms. Also, the island’s digital equity plan has been approved. #NewsismyBusiness
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Gov’t Gaming Commission submits slot machine regulations to legislature
March 6, 2024
The interim executive director of the regulatory body asks the legislative bodies to review the regulation quickly. #NewsismyBusiness
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Puerto Rico’s bankruptcy filings up a whopping 43% in February
March 5, 2024
A report prepared by local firm Boletín de Puerto Rico shows that 455 cases were filed in February. #NewsismyBusiness
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Walmart unveils $12M remodel of Barceloneta store
March 5, 2024
The store’s remodeled look seeks to “offer the best shopping experience to its customers,” the retailer said. #NewsismyBusiness
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Dept. of State implements 1st upgrade to Registry of Trademarks and Trade Names
March 5, 2024
The government’s effort aimed at improving user experience is the first of four phases to transform the online platform. #NewsismyBusiness
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Banco Popular sues defunct American University for $18.6M
March 4, 2024
The financial institution names several defendants as having defaulted on loans and credit lines. #NewsismyBusiness
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FEMA awards $14M to Mennonite Health System for hospital repairs
March 4, 2024
The Mennonite Health System was founded in 1944 in Aibonito. #NewsismyBusiness
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Avianca’s expanded routes to pump $49M into Puerto Rico’s economy in 2024
March 4, 2024
The carrier confirmed the permanent return of the San Juan-Medellín route and at least 10 weekly flights between San Juan and Bogotá. #NewsismyBusiness
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LUMA swaps streetlights across Puerto Rico to protect marine life
March 4, 2024
The electric utility, in collaboration with turtle conservation groups, is updating its light poles near nesting areas. #NewsismyBusiness
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T-Mobile expands 5G Home Internet service to Puerto Rico
March 1, 2024
The carrier enters the market to compete islandwide with home broadband service. #NewsismyBusiness
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Puerto Rico legislature’s Budget Office probes general fund revenue, expenditure trends
March 1, 2024
Several findings from the audited financial statements of the Government of Puerto Rico were discussed at the meeting organized by the Legislative Assembly’s Budget Office. #NewsismyBusiness
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Ghaffar asks court to reject Paulson’s amended complaint, saying it ‘lacks standing’
February 29, 2024
Paulson’s legal team responds and says filing is a ‘desperate attempt’ to distract. #NewsismyBusiness
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UPR signs collaboration agreement with National University of Costa Rica
February 29, 2024
Academic mobility for students, faculty and administrative personnel between both university institutions will be encouraged. #NewsismyBusiness
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