Santander Consumer USA Holdings Inc. announced that in 2016, it will be opening Santander Consumer International Puerto Rico, a new office and servicing center for certain performing loan portfolios.
Hampton Inn & Suites by Hilton San Juan has “formed a bond with the Boys & Girls Club of Puerto Rico and its initiative to inspire future leaders of the tourism industry,” and to show its support, it raised a total of $62,580 for the organization by earmarking $1 per room sold over the last year.
WASHINGTON — Vowing he’d refuse to support legislation “that does not respond to the needs of the people of Puerto Rico,” Rep. Luis Gutiérrez (D-Ill.) promised Tuesday he’d do everything in his power to help the island overcome its fiscal nightmare.
Puerto Rico retailers and the government are losing some $490 million in annual revenue as a result of shoplifting and organized crime, members of the Puerto Rico Marketing, Industry and Food Distribution Chamber said Wednesday.
When it opens next Tuesday at The Mall of San Juan, the American Cut Bar & Grill restaurant will become the first of its kind that parent LDV Hospitality opens outside the U.S. mainland, and the flagship for the new concept that will be expanded to other stateside markets in the near future.
The Puerto Rico Science Technology & Research Trust is turning to the startup ecosystem as a contributing solution to Puerto Rico's current economic crisis with the launch of Parallel18, a program with the goal of expanding the horizons of local entrepreneurs in the short term and create economic development in the long run.
Puerto Rican firm Autocentro announced Wednesday a $2.5 million investment to open a new Nissan dealership in San Juan, spanning 39,000 square feet and creating 50 jobs.
The incidence in debit and credit card fraud has been in on the rise in Puerto Rico given the different ways fraudsters use to obtain a cardholder’s information.
Puerto Rico Gov. Alejandro García-Padilla signed into law the first five measures related to the Plan for Fiscal and Economic Growth, including the measure creating the Fiscal Supervisory board, La Fortaleza confirmed Tuesday.
Grupo Guayacán, a nonprofit with more than 10 years of experience in entrepreneurial development programs, on Tuesday gathered more than 500 students to encourage careers in Science, Technology, Engineering and Math (STEM) and entrepreneurship as part of the kickoff of a new educational initiative aimed at high school students.
The Puerto Rico Electric Power Authority announced Tuesday it has executed an amendment to its previously announced restructuring support agreement (“RSA”) with the Ad Hoc Group of PREPA bondholders through Dec. 17, 2015.
More than 20 Puerto Rico top executives officers from local companies joined forces at the Condado Vanderbilt Hotel to launch the American Cancer Society CEOs Against Cancer P.R. Chapter, an exclusive and selective initiative uniting company leaders in the fight to prevent cancer and save lives.
Puerto Rico’s current fiscal problems are bringing up unprecedented issues that will likely be subject to interpretation by local and federal courts if the government defaults on its debt and bondholders decide to defend their contractual rights via the lawsuit route.
When Stella Maris church reopens in Condado as a brand new building, sometime within the next year and a half, it will fully integrate with its neighborhood and even turn into a tourist draw.
Puerto Rico salaries could see a slight improvement next year, breaking a two-year cycle of flat results, according to the results of the 28th edition of the “Global Salary Increase Survey” conducted by Aon Hewitt.
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