Winter group meetings to pump $20M into P.R. economy
January 29, 2015
Puerto Rico is preparing to welcome 71 groups that will be on the island in February and March to carry out their winter meetings, conventions and conferences that could translate into a $20 million direct benefit to the economy, Meet Puerto Rico President Milton Segarra said Wednesday.
chat_bubble0 Comment
visibility3572 Views
Puma Energy driving down LPG prices, company says
January 29, 2015
Puma Energy's entry into Puerto Rico’s liquefied petroleum gas market late last year has “had a positive impact on the price of the product commercially,” Julio Martínez- Colón, sales manager of the company’s LPG division, said Wednesday.
chat_bubble0 Comment
visibility4615 Views
Pabrai to speak at ’15 Puerto Rico Investment Summit
January 29, 2015
Renowned Investor and Principal Managing Partner of Pabrai Investment Funds, Mohnish Pabrai, will act as speaker at the 2015 Puerto Rico Investment Summit, organizers announced Wednesday.
chat_bubble0 Comment
visibility3168 Views
P.R. jobless rate at 13.7% in Dec., labor force loses 25K
January 28, 2015
Puerto Rico’s labor force had 25,000 fewer members in December, when compared to the same month in 2013, which could account for the lower unemployment rate announced by the Labor Department Tuesday.
chat_bubble0 Comment
visibility4002 Views
Public, private sectors back energy subsidy reform
January 28, 2015
About 32 percent of Puerto Rico Electric Power Authority customers receive some sort of a subsidy on their monthly bills, which is floated by those who pay the full rate.
chat_bubble0 Comment
visibility3083 Views
Seaborne Airlines launches San Juan/Nevis connection
January 28, 2015
With the addition of a new air connection between the Luis Muñoz Marín International Airport in San Juan and Nevis, to be operated by Seaborne Airlines, tourism executives from the neighboring island touted Tuesday the benefits they offer Puerto Rican visitors.
chat_bubble0 Comment
visibility2731 Views
Aon grants 9 scholarships to Puerto Rico students
January 28, 2015
Aon, a global provider of risk management, insurance brokerage, reinsurance and human resources consulting and outsourcing services, and the Community Foundation for Puerto Rico jointly presented nine scholarships to as many local students in recognition of their academic achievements.
chat_bubble0 Comment
visibility3250 Views
Agencies join to battle $5M-a-year copper theft problem
January 27, 2015
The Puerto Rico Telecommunications Regulatory Board and the Puerto Rico Police Department signed an agreement Monday to step up the fight against copper theft, which represents about $5 million in annual losses for public and private sector companies.
chat_bubble0 Comment
visibility3290 Views
Blizzard cripples air travel; grounds 27 P.R./US flights
January 27, 2015
The massive blizzard that is clobbering the northeastern United States crippled air travel between Puerto Rico and that part of the mainland Monday, when 27 inbound and outbound flights at the Luis Muñoz Marín International Airport were grounded by mid-afternoon.
chat_bubble0 Comment
visibility3777 Views
Medtronic completes $50B acquisition of rival Covidien
January 27, 2015
Medtronic plc, a global developer of medical technology, services and solutions, announced Monday it has successfully completed the previously announced acquisition of Covidien plc, in a cash-and-stock transaction valued at some $49.9 billion.
chat_bubble0 Comment
visibility5132 Views
Weekend Wheels: Fiat 500L is fun, fearless…and fast
January 26, 2015
The Fiat 500L is one of those vehicles that, upon first glance, can fool anybody into thinking that it’s all about looks.
chat_bubble0 Comment
visibility2862 Views
Freelancers band together to offer range of services
January 26, 2015
More than 500 independent professionals have joined a network that aims to generate and identify work opportunities in Puerto Rico, with the idea of navigating the current economic conditions.
chat_bubble0 Comment
visibility3867 Views
QBE Optima Insurance appoints new CEO
January 26, 2015
QBE Optima Insurance recently announced the appointment of Peter Rebrin as its CEO in Puerto Rico, as well as the reassignment of outgoing CEO, Antonio Ortiz, as a Board director. Both appointments will be effective Feb. 7.
chat_bubble0 Comment
visibility4054 Views
Popular Inc. earns $52.9M in 4Q14, banks on recovery
January 23, 2015
Popular Inc. reported net income of $52.9 million for the quarter ended Dec. 31, 2014 on Thursday, when CEO Richard Carrión told analysts that the bank’s “strong market position, significant liquidity, excess capital levels and internal capital generation will continue to be key to our future performance.”
chat_bubble0 Comment
visibility3142 Views
Puerto Rico needs to find ‘mofongo factor’ to compete
January 23, 2015
Puerto Rico needs to find that one thing that makes it authentic to be able to compete against — and move ahead of — other tourist destinations that offer the same basic travel experiences. And that one thing, according to a branding expert, is the “mofongo factor.”
chat_bubble0 Comment
visibility3819 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA