Popular Inc. reported a net loss of $4.1 million for the quarter ended Dec. 31, 2016, compared to net income of $46.8 million for the quarter ended Sept. 30, 2016.
This edition of “Climbing the Corporate Ladder” includes appointments of executives in the fields of entertainment, finance and accounting, and insurance in Puerto Rico.
The Financial Oversight and Management Board for Puerto Rico confirmed Tuesday it will hold its fourth Board meeting in Puerto Rico on Jan. 28 at 8:30 a.m. The meeting will be held at El Conquistador hotel in Fajardo.
Members of the Empresarios por Puerto Rico trade group met Monday with Gov. Ricardo Rosselló to help identify measures to promote economic development focused on sustainability and in which priority is given to local businesses and eliminating barriers affecting competitiveness.
Wireless sensors for soil, plant-based water filter for emerging markets and a mobile platform to borrow and share objects with your neighbors were among the 25 companies pitching to potential investors at Parallel 18’s Demo Day.
The Financial Oversight and Management Board for Puerto Rico on Wednesday outlined the goals, objectives and parameters that must be included in the new administration’s fiscal plan, as well as its willingness to extend the deadline to submit the document and effect a moratorium on creditor lawsuits, subject to specific conditions.
The United Group of Automobile Importers predicted Wednesday that this year’s car sales will range from 82,000 to 84,000 units, a slight drop from 2016’s results.
USDA Rural Development Under Secretary Lisa Mensah announced Wednesday that the agency is accepting applications for the Community Connect Grant Program and Broadband Program for FY 2017.
The U.S. Small Business Administration is inviting funding proposals from nonprofit organizations, state, local and tribal government agencies, and institutions of higher learning to provide “Boots to Business” entrepreneurship training to service members, military spouses, and veterans.
San Patricio Plaza in Guaynabo will undergo a $4 million remodeling that will begin tonight and last over 10 months, company officials announced Monday.
Liberty Puerto Rico announced Monday the opening of a new customer service center at Aguadilla Mall to offer more efficiency and convenience to customers in northwestern Puerto Rico.
Crunch Fitness Club will open its newest location in Puerto Rico in March, a $1.5 million, 30,000 square-foot gym at Plaza del Caribe in Ponce, company officials announced Monday.
The Puerto Rico Hotel and Tourism Association unveiled Thursday a study that confirms tourism as the sector that can provide “quick stability and economic growth” to Puerto Rico.
FirstBank's Small Business Unit granted two loans under the SBA Express and SBA 7(a) Programs to Optifarma, LLC for the purchase of inventory and operational capital, the bank announced. The amount of the loans were undisclosed.
The Puerto Rico's Science, Technology and Research Trust announced Wednesday it will invest $225,000 in three startups through the recently created follow-up fund Parallel18 Ventures.
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