Puerto Rico has been announced as one of 19 TechHire communities dedicated to creating pathways for more U.S. citizens to access well-paying tech jobs and expanding local tech sectors in communities across the country, the White House announced Thursday.
The Financial Industry Regulatory Authority (FINRA) announced Wednesday it has fined Merrill Lynch, Pierce, Fenner & Smith Inc. $6.25 million and the firm will pay some $780,000 in restitution to 22 Puerto Rico customers who who were "highly concentrated and highly leveraged in Commonwealth securities."
Grupo Guayacán, Inc. (GGI) announced Wednesday the official launch of the new Puerto Rico IDEA Seed Fund, in collaboration with Fundación Banco Popular, the Georgia Institute of Technology, and several entrepreneurs participating as private investors.