The State Insurance Fund Corp. (State Insurance Fund Corp., in Spanish) confirmed it exceeded by $1.2 million the savings that the Financial Oversight and Management Board for Puerto Rico required for its operating budget for Fiscal 2021. So said CFSE Administrator Jesús M. Rodríguez-Rosa, confirming that the Oversight Board required the corporation to achieve spending […]
The Hertz Corporation, which operates the Hertz, Dollar and Thrifty vehicle rental brands, has sold its local operation to long-time franchisee partner Best Rate Car & Truck Rental Inc., News is my Business confirmed. The financial terms of deal that closed July 1 were undisclosed. However, this media outlet learned that as a result of […]
To date, the Federal Emergency Management Agency (FEMA) has obligated nearly $299 million to the Department of Transportation and Public Works (DTOP, in Spanish) to repair damage and optimize state roads and bridges. This includes nearly $92 million approved during 2021 to address infrastructure in nearly 30 municipalities. The obligations represent permanent work projects to […]