With its new “Sé Imparable” initiative, Ford announced Tuesday it is looking for people in Puerto Rico who are “continually exceling and striving to improve other people’s lives as well as their own,” despite the island’s challenging economic and social environment.
Wireless carrier Sprint is reportedly in the final stages of acquiring competitor Open Mobile in what would be the first major change in Puerto Rico’s telecommunications landscape this year, two sources confirmed to this media outlet.
A new study released Monday by the Federal Reserve Bank of New York showed that the majority of Puerto Rico’s small businesses both in and outside the San Juan metropolitan area have few employees and annual revenues under $250,000, among other similarities.
Puerto Rico's traditional Medicare population is not representative of the island's much larger Medicare Advantage membership, questioning its use as the foundation for establishing MA benchmarks on the island.
This past weekend, this media outlet got the opportunity to test-drive this elegant, roomy and comfortable vehicle, taking in many of its family-friendly features.
People in Puerto Rico are spending less when dining outside the home, but they are still eating out and that is good news for local restaurants.
The Financial Oversight and Management Board for Puerto Rico on Saturday approved Gov. Ricardo Rosselló’s request to extend the deadline in which to present the administration’s fiscal plan to Feb. 28.
Full service public relations and digital marketing communications firm The Big Think Group has been appointed the Puerto Rico partner of the PRConsultants Group, considered North America’s “leading public relations professionals,” the local agency announced Sunday.
The Puerto Rico Bankers Association is offering a series of recommendations to the island’s small and mid-sized business community so they can “get off on the right foot” this year.
First BanCorp., the bank holding company for FirstBank Puerto Rico, reported Thursday net income of $23.9 million for the fourth quarter of 2016, or $0.11 per diluted share, compared to $24.1 million, or $0.11 per diluted share, for the third quarter of 2016 and $15.0 million, or $0.07 per diluted share, for the fourth quarter of 2015.
In the first three weeks of the year, the Economic Development Bank for Puerto Rico has expedited internal processes to achieve faster loan closings, with $238,130 already approved, the agency announced Thursday.
The Puerto Rico MBDA Business Center, run by the Puerto Rico Products Association, will sponsor an event on Feb. 2 to spur business growth opportunities for local companies.
The number of bankruptcy cases filed in Puerto Rico during 2016 dropped by 2 percent year-over-year, with a total of 10,221 filed, research firm Boletín de Puerto Rico disclosed Wednesday.
Gov. Ricardo Rosselló sent a letter Wednesday to Acting-Secretary of Health and Human Services, Norris Cochran, advocating for increased funding to the Medicare Advantage plans operating in Puerto Rico, which serve over 570,000 elderly island residents including some of the most vulnerable among them.
Public and private sector representatives broke ground Wednesday on what will be Puerto Rico’s first Starwood Aloft Hotel Marriot in Ponce. The property will entail a $13.5 million investment, officials said.
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