Moody’s Investors Service announced it has withdrawn the general obligation and related ratings of the Commonwealth of Puerto Rico, citing only “business reasons,” for pulling out. The decision to no longer provide ratings includes those assigned to the Puerto Rico Aqueduct & Sewer Authority, the Puerto Rico Electric Power Authority, and the University of Puerto […]
Fenwal International Inc., a Fresenius Kabi company, announced plans to expand its campus in San Germán, where it plans to consolidate its manufacture of sterile product bags, accessories assembly, and filling operation of saline solution and anticoagulants. The company estimates that it will make a full investment in San Germán of about $34 million to […]
Three Puerto Rico-based nonprofits — CMV Casa sin Fronteras, La Maraña, and the Programa de Educación Comunal de Entrega y Servicio Inc. — will receive a combined $45,000 through the Airbnb Community Fund. The fund was created to distribute $100 million over 10 years to organizations that are strengthening communities around the world, including $10 […]
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