Despite an announcement to the contrary, Pfizer’s manufacturing plant in the municipality of Barceloneta will remain open and may be assigned new products in the near future.
More than 1.2 million Walmart U.S. and Sam’s Club associates will receive a pay increase under the second phase of the company’s two-year, $2.7 billion investment in workers, to a minimum of $10 an hour, the company announced Wednesday.
Travel demand for the Puerto Rico market experienced about 15 percent growth year-over-year in the third quarter of 2015, the Expedia group revealed Wednesday at the Caribbean Travel Marketplace event in the Bahamas.
As part of a strategic move aimed at broadening its Puerto Rico products portfolio, MCS announced Wednesday it has created a new subsidiary, MCS General Insurance Agency, to tap into the life and disability insurance market.
Caguas-based life sciences company Mentor Technical Group, Corp. has spent the last year expanding its plant, creating more than 110 jobs with assistance from the Puerto Rico Industrial Development Company, executives and administration officials announced Tuesday.
The Subcommittee on Indian, Insular and Alaska Native Affairs of the U.S. House Natural Resources Committee will hold a hearing on Jan. 26, to analyze Puerto Rico’s fiscal crisis.
The United Group of Automobile Importers, an organization that represents the Puerto Rico automobile industry, predicted Tuesday that this some 77,000 new cars will be sold this year on the island, marking the third consecutive year of decreased activity.
Corso Coffee, an Italian style coffee bar with a New York ambiance, is opening today at The Mall of San Juan at the first-level 300-square-foot kiosk formerly occupied by Hacienda Monte Alto.
As part of Choice Cable’s integration process, Liberty Business now offers fiber optic coverage for business services throughout the entire island, the company announced Tuesday.
Puerto Rico will be $923 million in the hole by summer if it meets all of its upcoming obligations, including debt service payments and payments to suppliers, as the fiscal crisis tightens its grip on the island’s finances.
PPG Architectural Coatings announced that it will be pulling the plug on the production of Glidden and Superior brand paints at its Carolina facility, which will be converted to a large-scale distribution center.
Puerto Rico hospitals will soon begin receiving the same basic reimbursement rate — known as the “base rate” — as hospitals in the U.S. mainland for treating Medicare patients, Resident Commissioner Pedro Pierluisi said Monday.
Recent news coverage about Puerto Rico has focused on its high public debt and imminent default while, in U.S. Congress, powerful lobbies seem to hold more sway over Puerto Rico’s future than do more than 8 million U.S. citizens.
Starting this month and through April 8th, Puerto Rico college students can compete for a prize of up to $10,000 for their business idea, during the fourth edition of the "IV Santander Award for Business Innovation" business plan competition.
Internet giant Google announced Monday it has begun rolling out its “Street View” vehicles on Puerto Rican streets to record images of several towns that will be collected, processed and included in Google Maps.
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