The silent expansion of Fiscal Control Boards in the U.S.
June 1, 2017
Regardless of their size, the number of residents, or the fiscal problems they have, U.S. cities under fiscal control boards have faced a formula that consists primarily of the firing of public employees, pension cuts, an increase in the cost of college education, and a reduction in essential services, such as health.
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Rosselló presents $9.5B budget to PR Legislature
June 1, 2017
Gov. Ricardo Rosselló presented Wednesday a budget of $9.5 billion to Puerto Rico’s Legislative Assembly, which guarantees essential services and pension payments, and which also makes contributory justice for the citizens of the island, he said.
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Rosselló among world leaders noted for use of Twitter
June 1, 2017
Gov. Ricardo Rosselló secured his spot in a study released Wednesday analyzing how world leaders use social media platform Twitter to engage with each other and their followers after his exchange with President Trump in late April.
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FIRST to hold its 29th conference in PR for 1st time
June 1, 2017
The Forum of Incident Response and Security Teams (FIRST) will carry out its 29th annual conference in Puerto Rico on June 11-16 at the Caribe Hilton Hotel in San Juan, organizers announced Wednesday.
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Liberty Business marks 1st year with 9% growth
June 1, 2017
Liberty Business, Liberty Puerto Rico’s division that caters to the corporate sector, marked the first anniversary of its brand launch with a 9 percent growth compared to the same period last year, the company announced Wednesday.
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Cataño gets $200K EPA grant for site revitalization
June 1, 2017
The Municipality of Cataño was among 172 communities across the country selected by the U.S. Environmental Protection Agency (EPA) on Wednesday to receive funding for brownfield site revitalization to help local governments redevelop vacant and unused properties, transforming communities and local economies.
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PR Hilton hotels take part in annual global career event
June 1, 2017
Caribe Hilton, The Condado Plaza Hilton, Embassy Suites San Juan Hotel & Casino y Embassy Suites by Hilton Dorado del Mar Beach Resort recently took part in Careers@Hilton Week, Hilton’s annual global career event showcasing the many opportunities available in the hospitality industry for youth and other job seekers.
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Medtronic unveils 17-acre solar panel project in Juncos
May 31, 2017
Medtronic Puerto Rico, a medical technology, services, and solutions company, unveiled Tuesday a 17-acre area comprising 18,000 photovoltaic cells at its plant in Juncos, in the presence of company and government officials.
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Science Trust: Researchers accelerate PR’s econ. dev’t.
May 31, 2017
A total of 33 research projects in different strategic sectors have received grants from the Puerto Rico Science, Technology and Research Trust, promoting economic activity in the sector, the nonprofit said during a weekend event.
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ASUR, PSP Investments acquire 50% stake in Aerostar
May 31, 2017
Grupo Aeroportuario del Sureste, S.A.B. de C.V., partner in Aerostar Airport Holdings, LLC and operator of the Luis Muñoz Marín International Airport in San Juan and the Public Sector Pension Investment Board, one of Canada's largest pension investment managers, announced Tuesday their collective acquisition of a 50 percent interest in Aerostar Airport Holdings LLC.
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Evertec opens call for ’17 scholarship program
May 31, 2017
Seeking to contribute to Puerto Rico’s development and growth, Evertec announced Tuesday that its Scholarship Program is now open for applications.
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The Mall of San Juan hosting boat show June 3-4
May 31, 2017
The Mall of San Juan will host its first Boat Show on June 3-4, an event that will include store exhibits, live musical entertainment, kiosks and boat dealers in one place, at the lot adjacent to the North Entrance.
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PR small inns full during Memorial Day weekend
May 30, 2017
Puerto Rico’s “paradores,” or small inns, were between 90 percent and 100 percent full over the Memorial Day weekend, members of the Small Inn Owners Association said Monday.
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Brazilian startup Timokids opens operations in PR
May 30, 2017
Hunt Holdings LP, an early stage tech investor in the U.S., added the edutainment startup Timokids to its portfolio, in a deal that will support the company's international expansion from Puerto Rico, the companies announced Monday.
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PR/DR ferry to resume service June 1, following repairs
May 30, 2017
Ferries del Caribe, operators of the maritime service between Puerto Rico and the Dominican Republic, announced the re-start of service June 1, two weeks after its cruise ship was involved in an accident at the neighboring island’s pier.
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