High-ranking Gov. García-Padilla administration officials came out once again in defense of recent decisions aiming to boost Puerto Rico’s credit and ensure long-term fiscal and economic sustainability — most of which have generated strong backlash from stateside ratings agencies.
Although the price of goods is still a determining factor, Puerto Rico consumers are demanding more elements to complete their in-store experience at the time of making their purchases.
The United Automobile Importers Group (known as GUIA for its initials in Spanish), raised a red flag Thursday over the unstoppable slide Puerto Rico’s auto sales have gone into over the past five months, a trend upheld in June, when activity was down 15.8 percent.
Pet specialty products retailer PetSmart announced the upcoming opening of its 11th store in Puerto Rico and the second location in Carolina.
Standard & Poor's Ratings Services on Wednesday announced it has lowered its rating on Puerto Rico Electric Power Authority's power revenue bonds four notches to “B-“ from “BB,” further deepening the agency’s credit woes.
Communities have certain niches that require special attention to achieve their balance. Technology centers offer disadvantaged communities the opportunity to access information technology and communication.
The U.S. Environmental Protection Agency has reached a legal settlement with W.R. Recycling of Cabo Rojo, the owner and operator of an auto crushing and scrap recycling business, resolving alleged violations of federal hazardous waste law.
The cash-strapped Puerto Rico Electric Power Authority announced Monday it had reached an agreement with lenders who provide revolving lines of credit used to pay for purchased power, fuel and other expenses.
The Puerto Rico National Culinary Team was crowned once again "Best Culinary Team in the Caribbean" at the Taste of the Caribbean competition held at the Hyatt Regency in Miami.
Microsoft Corp. has recognized local firm Fusionworks for its performance in the Latin America and Caribbean region, where won in the software provider’s Customer Relationship Management category, beating out 46 countries and territories in 34 categories evaluated, the company announced.
Women represent 54 percent of Puerto Rico’s public-sector workforce, while the median age of all government workers is 45 years old, according to a study released by the island’s Statistics Institute over the weekend.
Midway through 2014, it may be too early yet to say for sure whether Puerto Rico's advertising industry will grow, stay flat or lose ground this year but one thing is sure: even in these difficult economic times for the island, some agencies are growing and clients continue to advertise.
Puerto Rico’s commercial banks will be observing the July 4th Independence Day celebration holiday with special hours Friday, scheduled as follows:
Red Mango has opened its second restaurant in Puerto Rico on Américo Miranda Avenue, creating 20 direct jobs and continuing with its plan to open eight local restaurants, plus franchises throughout the island.
The Puerto Rico Treasury Department announced Tuesday it has submitted the Commonwealth’s audited financial statements for the fiscal year 2012-2013 that ended June 30, 2013.
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