The island economy is in the tank, some 200 Puerto Ricans get on a plane each day to seek opportunities elsewhere, and today the cash-strapped government expects to default on $470 million in payments to creditors.
M. Holland Company, a distributor of thermoplastic resins, has completed the previously announced acquisition of sibling companies Able International Corp. and Tril Export Corp., both headquartered in San Juan.
The U.S. Department of Labor on Thursday awarded $112 million to 50 state and territorial workforce agencies, including Puerto Rico, and the U.S. Virgin Islands, which received $302,000 and $246,000, respectively to offer reemployment services and eligibility assessments programs for those receiving unemployment insurance benefits. Estimates based on the budgets in the past 10 years […]