The Sheraton Puerto Rico Hotel & Casino will embark on a $10 million top-to-bottom makeover, starting with its 503 guest rooms, the lobby and bar areas, this media outlet confirmed. The work will begin in July and should be completed by November, said Jeannette Avilés, director of sales and marketing for the property that opened […]
Walmart Puerto Rico announced plans to remodel its Supercenter stores in Canóvanas and Barceloneta, as well as Amigo Supermarkets in Guaynabo and Guayama, with an investment of more than $7 million. With these new projects, Walmart has invested more than the $30 million in Puerto Rico in the past 18 months, after the onslaught of […]
MCS Foundation and Grupo Guayacán, Inc. (GGI) announced the call for applications for the second annual MCS Foundation Health Innovation Fellowship which will sponsor the participation of one company within the healthcare industry to the 2019 Guayacán Venture Accelerator (GVA). The GVA is an executive education and development program for companies established in Puerto Rico […]
The “Apprenticeship Accelerator,” a program aimed at employers in the manufacturing industry wishing to implement such programs in their companies, will take place in Ponce and Aguadilla April 11 and 25, respectively, the Department of Economic Development and Commerce announced. Information will be provided to employers looking to integrate apprenticeships as part their recruitment process, […]
Colmena66, the specialized business support network that operates under the direction of the Puerto Rico Science, Technology and Research Trust has more than 200 organizations and programs in its network dedicated to building and strengthening the business community on the island. The organization affiliated with SourceLink, an organization established with the support of the Kauffman […]
As Tax Day 2019 swiftly approaches, numerous entrepreneurs are seeing new benefits from the Tax Cuts & Jobs Act, enabling them to grow their ventures and hire additional staff. I recently co-hosted the White House Manufacturing Roundtable at which about 20 small business owners discussed the resurgence of manufacturing in the chemical, construction, consumer goods, […]
PathStone Enterprise Center Inc. (PECI) received a $1.5 million grant from Wells Fargo to provide capital and technical assistance to business owners on the island, the company announced. The investment, which is part of the Wells Fargo Works for Small Business: Diverse Community Capital (DCC) program, will help small businesses that are still in the process […]
Gov. Ricardo Rosselló announced the creation of a digital platform that will allow users of the ferries traveling between Vieques, Culebra and Ceiba to purchase tickets online, access route maps and find answers to frequently asked questions. Through www.porferry.com users will have access to a detailed itinerary of routes with boarding and departure times, estimated times of […]
Doc Popcorn, a franchise featuring fresh-popped, kettle-cooked popcorn, will open its third co-branded location in Puerto Rico to also serve Dippin’ Dots flash-frozen ice cream at the Route 66 Outlets in Canóvanas on April 13, the retailer announced. The new co-branded Dippin Dots/Doc Popcorn store — as well as the ones in Bayamón and Hatillo […]
Given that 43.5% of Puerto Rico residents are below the poverty level, according to the Federal Census Bureau, five nonprofits got together recently to present the Poverty Inc. documentary, in an effort to understand the causes of poverty and redefine strategies to eradicate it. MCS Foundation joined Fundación Banco Popular, the Centro para Renovación Económica, Crecimiento […]
With an investment of $3.9 million and the creation of 85 new direct jobs, Pueblo Supermarket will open its 22nd store on Wednesday in the Cupey sector of San Juan, the retailer announced. The store, located in the Cupey Professional Mall, will open from 6 a.m. to 10 p.m. Monday to Saturday and Sundays from 7 […]
Mastercard announced it has closed a partnership with Giesecke+Devrient (G+D) Mobile Security, a smart card manufacturing, personalization and payment solutions provider, to advance easier, faster and safer payments in the region. With this agreement, G+D will offer preferential pricing to Mastercard issuers focused on advancing their conversion to contactless cards, the companies said. “Contactless is […]
Customers who visit restaurants of all types expressed a split decision as to whether technology facilitates or complicates their experience, a study by the Puerto Rico Restaurants Association showed. The EAT study, commissioned by the professional group to The Research Office, “found a very marked contradiction in the use of technology in restaurants,” said José […]
Individual Retirement Accounts (IRA) are one of the few instruments allowed by the Puerto Rico Internal Revenue Code that provide a tax benefit to individuals. In addition, it is an excellent vehicle to create a retirement fund. What is the taxable benefit? The benefit is to take a deduction in the income tax return for every […]
https://media.blubrry.com/dollarsandsensenewsismybusines/newsismybusiness.com/wp-content/uploads/2019/04/Liberty-podcast-channel-blackout-update.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | RSSLiberty Puerto Rico President Naji Khoury says NBCUniversal is holding customers hostage, while no new negotiations are scheduled to solve the matter to get Telemundo, NBC and 13 other channels back on the air. In the meantime, the carrier is offering discounted services and vows […]
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