Sea Star Line, LLC has selected Tideworks Technology Inc., a provider of full-service terminal management and planning software solutions, to implement its suite of terminal operating system solutions at its Jacksonville, Fla. and San Juan terminals.
Financially troubled Doral Financial Corp. fired off a letter to the Puerto Rico Treasury Department late last week asking the agency to comply with the terms of a closing agreement reached in 2012 obligating the government to refund the bank for tax over-payments estimated at about $232 million.
The U. S. Environmental Protection Agency announced Monday it has settled a case with Pfizer Pharmaceuticals LLC for violations of the Clean Air Act at the company’s pharmaceutical manufacturing plant in Barceloneta.
The Society of Hispanic Professional Engineers Foundation, a nonprofit organization committed to empowering the Hispanic community by igniting Hispanic youths' interest in science, technology, engineering, and math, announced Monday the appointment of new board Chair, Miguel Alemañy.
The Agriculture Department is currently reviewing milk and coffee prices to determine whether increases are necessary for the products that are staples for Puerto Rican consumers. The results for both reviews should be ready by summer, agency Secretary Myrna Comas said.
Puerto Rico’s revenue collections for the month of April fell significantly below estimates, short by $442.3 million at $1.18 billion, but up by $196 million year-over-year, the Treasury Department said in a release distributed after the end of business Friday.
A little over a month after opening its first restaurant in Puerto Rico, frozen yogurt and smoothie retailer Red Mango said this week that sales have exceeded initial expectations by 40 percent and announced the development of a second location is underway.
Investing in early childhood is a good business deal. That was the conclusion of a panel of economic experts gathered for the Childhood Investment Meeting that took place during the 10th edition of the Global Forum on Early Care and Education that wraps up at the Sheraton Convention Center Hotel today.
The U.S. Department of Agriculture announced Thursday the availability of close to $40 million in funding to promote long-term economic growth and community vitality in rural areas, and is seeking applications through three community and economic development programs administered by its Rural Development division.
Two days after Doral Financial Corp. disclosed its weakened capital position, Standard & Poor's Ratings Services said Wednesday it lowered its issuer credit rating to 'CC' from 'CCC-' and placed the rating on CreditWatch with negative implications.
The Puerto Rico Treasury Department announced Wednesday it has cut $147.2 million in tax refunds corresponding to 247,744 tax returns during the current tax cycle, representing $80 million more than what was disbursed at this time last year.
Triple-S Management Corp. managed care company announced Tuesday consolidated revenues of $584.8 million and consolidated operating income of $10 million for the three months ended Mar. 31, 2014.
The World Alliance for Decentralized Energy (WADE) announced Tuesday its first annual Caribbean Energy Conference, to be held May 14-16, 2014 at the Sheraton Hotel.
Álvaro Fischer, president of Fundación Chile, was recently invited to address entrepreneurs from Oriental Bank’s commercial banking division, on the topic of innovation in entrepreneurship and available opportunities for Puerto Rico’s economic development.
Two pharmaceutical giants, Bayer AG and Merck, announced this morning a deal through which the first has agreed to pay $14.2 billion for the latter’s Consumer Care Unit, picking up global trademark and prescription rights for a number of recognized brands, including Claritin and Afrin.
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