Doral Financial Corporation filed papers Wednesday appealing a decision by the Superior Court and asking the Puerto Rico Supreme Court to assume jurisdiction of the appeal.
In an effort to provide new and higher Internet speeds for a better value, Liberty Puerto Rico announced Wednesday the availability of high-speed broadband of 100Mbps download with 4Mbps for upload.
EMTA, a nonprofit trade group for the emerging markets trading and investment community, will sponsor a special seminar June 25 in New York to discuss the investment and reform risks and opportunities that the crisis in Puerto Rico has generated.
Aon, a risk management, brokerage, reinsurance, and human resources consulting and outsourcing services firm on Wednesday invited university students to participate in its college scholarship program, through the Puerto Rico Community Foundation.
Nearly six years after receiving $935 million from the U.S. Treasury through its Troubled Asset Relief Program, Popular Inc. announced Wednesday it has received the go-ahead from regulators to repay the amount.
The Office of the Commissioner of Financial Institutions, Puerto Rico’s banking watchdog, was left out of the talks leading to the agreement through which the Treasury Department approved a $229 million tax refund to Doral Financial Corp., the regulator said Tuesday during a House public hearing.
A.M. Best announced Tuesday it has upgraded Hato-Rey based Universal Life Insurance Company’s financial strength rating to A- (Excellent) from B++ (Good) and the issuer credit rating to “a-” from “bbb+.”
Oriental Bank and the Ana G. Méndez University System recently signed an agreement whereby the bank will provide management and advisory services to the institution on its 401K retirement plan.
The Pharmaceutical Industry Association of Puerto Rico and the federal Food and Drug Administration will host the FDA/PIA 12th Regulatory Meeting Thursday at the Ritz-Carlton San Juan, from 7:30 a.m. to 5 p.m, the trade group announced.
For the fourth year in a row, Triple-S was awarded the PlanSmartChoice Plus award, in recognition to the top 10 performing plans in the Federal Employees Health Benefits program, the insurer announced Tuesday.
The Puerto Rico Electric Power Authority’s chronic foot-dragging on allowing individuals and businesses to connect their renewable energy systems to the grid is causing the island to lose out on federal funding opportunities available from the U.S. Department of Agriculture’s Rural Development agency, this media outlet confirmed.
The United Automobile Importers Group (known as GUIA for its initials in Spanish) confirmed Monday that the downward spiral that Puerto Rico’s car industry has been on this year continued in May, when sales were down 6.7 percent year-over-year.
EVERTEC Inc. announced Monday that its main operating subsidiary, EVERTEC Group, LLC intends to offer, subject to market and other conditions, up to $400 million aggregate principal amount of senior secured notes due 2022.
National University College Online Division will introduce Canvas as the institution’s new Learning Management System starting this week, the higher learning institution announced Monday.
Puerto Rico’s chronic inability to fully tap into federal funding has short-changed the island out of millions in competitive grants and loans available for a cross-section of activities, a top government official said recently.
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