The recently passed Fedetal Tax Cuts and Jobs Act will have implications for Puerto Rico’s economic that will start to become more noticeable after fiscal year 2019, local research firm Estudios Técnicos Inc. predicted in an analysis released this week.
Sunnova Energy Corp., which provides distributed, residential solar power in Puerto Rico, delivered a letter to the Puerto Rico Electric Power Authority (PREPA) blasting it for its “continued inaction and reluctance to work cooperatively with Sunnova.”
Colmena66 — an initiative of the Puerto Rico Science, Technology and Research Trust — in its first year has signed up more than 200 organizations in its network dedicated to building and strengthening Puerto Rico’s entrepreneurial ecosystem, according to the results of its first Impact Report.
Molina Healthcare Inc. skipped its annual corporate holiday party, and instead opted to donate the funds set aside for the event to Unidos por Puerto Rico to continue helping Hurricane María victims in Puerto Rico, company President Carlos Carrero confirmed.
Triple-S went public on the New York Stock Exchange 10 years ago, and since then, its assets have grown $1.7 billion in December of 2017 to $3.1 billion in September of 2017, for an increase of 82 percent, two of its high-ranking executives confirmed.
Luxury retailer Saks Fifth Avenue agreed to provide the San Juan Superior Court a “non-binding reopening target date” of its store at The Mall of San Juan by Dec. 29, this media outlet learned.
Wovenware, a Puerto Rico-based nearshore provider of smart software solutions, announced it has launched a practice specifically focused on the development of Artificial Intelligence (AI) solutions, including chatbots, predictive analytics, machine learning and deep learning applications.
More than $870 million in federal funds has been provided to Puerto Rico survivors of Hurricanes Irma and María, the Federal Emergency Management Agency said.
Saks 5th Ave., one of The Mall of San Juan’s two anchor tenants, expects to reopen the store that was devastated by Hurricane María on Sept. 20, but the specific date of when that will happen is still undetermined.
When Hurricane María hit Puerto Rico it uncovered the poverty that exists in the island, which makes it the poorest United States jurisdiction.
The MCS Seaside, the newest ship owned by MCS Cruises, made a stop in Puerto Rico — the first U.S. it visits on its maiden trans-Atlantic voyage which began in Trieste, Italy on Nov. 30, local government officials said.
U.S. Secretary of Labor Alexander Acosta visited Puerto Rico and the U.S. Virgin Islands this past weekend to meet with senior officials managing the recovery efforts and to inspect Job Corps centers damaged during hurricanes Irma and María.
Starbucks Puerto Rico recently celebrated the opening of its 25th location on the island, a new café on the Metropolitan University (UMET) campus in Cupey, which is part of the Ana G. Méndez University System.
FirstBank has joined Boys and Girls Clubs of Puerto Rico as a sponsor of the nonprofit’s Innovation and Entrepreneurship Program and the Digital Fab Lab located at the club's site in Isabela.
MMM Healthcare’s parent company in the United States, InnovaCare Heath, and its employees, is delivering hope, joy, food and other basic needs to organizations and communities around the island through it’s “We walk together during Christmas” tour. MMM will visit diverse communities in Puerto Rico.
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