Honeywell Aerospace announced Tuesday the opening of a new environmental testing laboratory in Puerto Rico’s Las Américas Technology Park, which will create 335 new jobs on the island.
José Juan Dávila, vice president and current CEO of AT&T Mobility has been named the head of both the wireless carrier and DirecTV, which will begin consolidating their Puerto Rico operations as part of the $50 billion merger agreement completed last year.
The Puerto Rico government’s decision to default on a portion of the $470 million in debt service payments due Monday drew reactions from politicians, analysts and creditors alike, who both urged Congress to act on the Commonwealth’s behalf and predicted long court battles ahead.