Puerto Rico/USVI get $300M from USDA to advance clean energy deployment
May 17, 2023
The funds will be available through two new programs under the Inflation Reduction Act. #NewsismyBusiness
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IEEFA: Prepa debt plan would create unsustainable burden
May 17, 2023
The bankruptcy of Prepa, with more than $9 billion in unpaid bond debt and other obligations, represents one of the largest municipal debt restructurings in the United States. #NewsismyBusiness
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Oriental leads in point-of-sale offerings
May 17, 2023
With Oriental, merchants can accept various payment methods, depending on the POS that they choose. #NewsismyBusiness
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U.S. DOT sues Puerto Rico security co.’s for misclassifying guards
May 17, 2023
The lawsuit names EM Policia Privada Inc., its successor Vigilancia Virtual and Policia Privada LLC; and Israel Martínez-Gutiérrez, Carmen Hernández-Rosa and Daniel Vargas as defendants. #NewsismyBusiness
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9th edition of Garnier Green Fest collects 6K+ lbs. of recyclable plastic
May 17, 2023
The Garnier Green Fest collaborated with the Puerto Rican nonprofit organization Basura Cero to manage the processes related to the plastic collected at the event. #NewsismyBusiness
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‘Above average’ public transit spending fuels private vehicle use
May 16, 2023
The island outranked all other states and territories, followed by Wyoming and Alabama in the top bracket of places with the highest vehicle miles traveled, and therefore lowest transit ridership, as people favor using their personal vehicles. #NewsismyBusiness
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OGP opens call for Roberto Sánchez Vilella internship
May 16, 2023
The internship offers a work experience to university students. #News is my Business
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Study: STRs not to blame for Puerto Rico’s housing affordability challenges
May 15, 2023
In the study, Foundation for Puerto Rico covered the factors impacting housing and rent prices on the island, examining several causes. #NewsismyBusiness
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U.S. Dept. of Commerce sets Puerto Rico’s 1st Economic Development District
May 15, 2023
A variety of industries will be supported in their economic development efforts, including health care, hospitality and agriculture, the federal agency stated. #NewsismyBusiness
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Parguera Plaza Hotel reopens its doors after $3.5M revamp
May 15, 2023
Parguera Plaza Hotel is expected to become the first and only hotel with a microbrewery in the Caribbean. #NewsismyBusiness
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Justice Dept. launches PR/USVI Environmental Crimes Task Force
May 12, 2023
The creation of this task force builds upon the Justice Department’s environmental justice strategy and brings together federal law enforcement agencies in Puerto Rico and the U.S. Virgin Islands. #NewsismyBusiness
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Science Trust wins $1M NSF Engines development award
May 12, 2023
The award is expected to have a measurable impact on Puerto Rico’s economy, increase the number of jobs, and increase workforce training strategies in the biopharma sector. #NewsismyBusiness
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UPR’s Sea Grant Program launches Surfeando PR website
May 12, 2023
The map was developed in 2020, during the COVID-19 pandemic, as part of an initiative to enjoy Puerto Rico’s marine and coastal resources. #NewsismyBusiness
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Congressional lawmakers submit legislation to modify rum cover-over
May 11, 2023
This legislation would amend Section 7652 of the Internal Revenue Code of 1986, making $13.25 per proof gallon the amount covered over by law, among other steps. #NewsismyBusiness
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Officials gather in Ponce for federally sponsored economic dev’t training
May 11, 2023
In-person and virtual classes wrap EDA’s post-Maria economic recovery work. #NewsismyBusiness
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