GP Strategies, a firm dedicated to providing solutions to improve organizational effectiveness, is suing four Puerto Rico municipal governments for non-payment of some $3.7 million, News is my Business learned. In separate lawsuits filed at the Superior Courts in San Juan, Caguas, Carolina and Mayagüez, GP Strategies basically exposes the same cause for going after […]
Puerto Rico’s Economic Activity Index (EDB-EAI) for May 2021 reached a maximum level of 119.4 points representing a year-over-year increase of 7.9%. When compared to the previous month, the index rose by 0.2%, Luis Alemañy, president of the Puerto Rico Economic Development Bank, which produces the report, confirmed. The EDB-EAI contracted 5% in 2020, reaching […]
Marvel International Inc., a subsidiary of B. Fernández Holdings Inc., announced the production of a special collectible box of its familiar hamburgers El Gordito as part of its sponsorship agreement with Puerto Rico’s basketball league. The company employs 50 people at its production plant in Guaynabo who produce over 150,000 pounds of meat, soups, stir […]