For the seventh straight year, Massachusetts Mutual Life Insurance Company, known as MassMutual, will offer $150,000 in scholarships to high-achieving college students across the country, including Puerto Rico.
Wovenware, a local software development company, will invest some $250,000 to expand its local operations and create 40 new jobs over the next two years, executives announced Monday, flanked by high-ranking Puerto Rico government officials.
Raine de Puerto Rico, a subsidiary of Indiana-based Raine Inc., has established new operations in Mayagüez, through a $920,000 investment that will create 10 jobs, company and government officials announced.
Puerto Rico's islandwide tourist map publisher, TravelMaps Inc., announced the purchase of the San Juan Guide, a locally owned pocket-sized guide with a 40-year history.
Bankruptcy filings were down 20 percent year-over-year in December, when a total of 839 cases were filed, according to preliminary figures released Thursday by research firm Boletín de Puerto Rico.
The Atento call center in Caguas is investing $500,000 to expand its customer relationship management services that will generate 200 new jobs in 24 months, Gov. Alejandro García-Padilla announced Thursday during a tour of the facilities.
Puerto Rican health insurance provider Triple-S announced Thursday the availability of a new mobile “app."
New Jersey-based Vornado Realty Trust announced Wednesday the modification of the $120 million, 6.04 percent mortgage loan secured by its Montehiedra Town Center.
In accordance with its practice of regularly reviewing ratings on Rating Watch, credit ratings agency Fitch Ratings announced Wednesday it will maintain its “Rating Watch Negative” status on $3.4 billion of outstanding Puerto Rico Aqueduct and Sewer Authority senior lien revenue bonds.
FirstBank announced Wednesday the approval of a $2 million loan to Deya Elevator Services Inc., a Puerto Rican firm that specializes in vertical transportation, namely elevators, linear transports and ramps.
Wireless carrier AT&T announced Wednesday it is bringing back its “Rollover” concept — introduced initially for minutes of talk time — but this time for data.
Minneapolis-based Medtronic Inc. announced Tuesday that its shareholders approved the proposed $43 billion merger with chief rival Covidien, announced last June.
The 2015 Puerto Rico Investment Summit has been scheduled for Feb. 26-27, less than a year after the first event in the series was held in April 2014, in collaboration with the Department of Economic Development and Commerce.
The number of bankruptcy cases filed on the island during the first 11 months of 2014 represented at 1 percent year-over-year drop, according to data released Monday by local research firm Boletín de Puerto Rico.
Frozen yogurt retailer Yogen Früz is wrapping up 2014 with the addition of 14 new stores across Puerto Rico representing a total investment of $2.5 million and the creation of 400 jobs, company executives said Monday.
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