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Ayala promoted to VP at Crowley
Issued: February 2, 2012
Crowley Maritime Corp. has promoted José “Pache” Ayala to vice president for Puerto Rico operations. He will remain in San Juan, and will now report...
American aims to slash 13,000 jobs
Issued: February 2, 2012
DALLAS — The parent of American Airlines wants to eliminate about 13,000 jobs — 15 percent of its workforce — as the nation's third-biggest...
Army going ‘green’ across PR
Issued: February 2, 2012
Johnson Controls has landed a $34 million contract for energy system upgrades at Fort Buchanan and 11 Army Reserve centers in Puerto Rico. ...
Trade groups gear up for Panama expo
Issued: February 2, 2012
Various commercial organizations, led by the United Retailers Association (CUD by its acronym in Spanish), are calling for Puerto Rico retailers to...
Cuba: Imports from US drop sharply in 2010
Issued: February 2, 2012
HAVANA — Cuban imports from the United States fell sharply in 2010 while the country increasingly turned to trade with ally Venezuela, according to...
PR bankruptcies dip in January
Issued: February 1, 2012
Bankruptcies in Puerto Rico were down for the first month of 2012 despite an uptick in filings by island farmers last month. ...
Cotto to face Mayweather in May
Issued: February 1, 2012
Welterweight champion Floyd Mayweather Jr. said Wednesday he will face Puerto Rican prizefighter Miguel Cotto in Las Vegas in May. ...
Tax spat heats up on campaign trail
Issued: February 1, 2012
The personal income tax fight between Gov. Luis Fortuño and Popular Democratic Party gubernatorial candidate Alejandro García Padilla shows no sign of...
Tsunami shelter inventor lands $125K
Issued: February 1, 2012
A Puerto Rican inventor has landed up to $125,000 in seed money from a stateside venture capital fund to develop his tsunami and flood shelter system....
First BanCorp trims 4Q, 2011 losses
Issued: February 1, 2012
First BanCorp, the bank holding company for FirstBank Puerto Rico, posted narrower losses for the fourth quarter and full-year 2011 on Wednesday. ...
Probe opens deep rift in PR top court
Issued: February 1, 2012
The rift within the nine-member Puerto Rico Supreme Court grew as a group of justices circulated a resolution to rescind the contract of an outside...
Justice seeks SIP in Special Communities case
Issued: February 1, 2012
The island Justice Department is recommending the appointment of a special independent prosecutor to probe former Special Communities chief Linda...
Arecibo Observatory to add planetarium, hotel
Issued: February 1, 2012
Puerto Rico plans to build a hotel and a planetarium as part of a $50 million project to attract more visitors to the world’s largest single-dish...
Rodríguez jailed in corruption case
Issued: February 1, 2012
After eluding authorities for four days, former New Progressive Party Rep. Iván Rodríguez Traverzo was arrested Tuesday afternoon in Aguadilla’s...
American cutting Hartford-PR route
Issued: January 31, 2012
American Airlines is cutting its direct route from Hartford to San Juan as the carrier shuffles operations in the wake of its Chapter 11 bankruptcy...
OCIF targets potential Ponzi scheme
Issued: January 31, 2012
The Financial Institutions Commissioner’s Office (OCIF) has hit Sotingel Investors Group and its president, Julio Martínez Avilés, with an order to...
Dominica’s former AG accused in passport scam
Issued: January 31, 2012
ROSEAU, Dominica — Dominica’s former attorney general has been arrested on suspicion of conspiring with others to fraudulently obtain and sell...
Top-ranked tennis pros to play in PR
Issued: January 31, 2012
Some of the top-ranked tennis players in the world are scheduled to face off in San Juan this spring in the first installment of an annual Puerto Rico...
Ferry-service protests reach capital
Issued: January 31, 2012
Vieques Mayor Evelyn Delerme and Culebra Mayor Ricardo López were among a group of community leaders and residents staging a protest march in San Juan...
Ex-lawmaker: I’m ready to surrender on charges
Issued: January 31, 2012
Embattled former Rep. Iván Rodríguez Traverzo said Tuesday he was prepared to surrender to face corruption charges after eluding arrest for nearly...
OFG posts $13M 4Q loss, $29.6M profit for 2011
Issued: January 31, 2012
Oriental Financial Group Inc. (NYSE: OFG) reported 2011 earnings of $29.6 million despite a fourth quarter loss of $13.1 million. ...
US ill-prepared for oil spill off Cuba
Issued: January 31, 2012
MIAMI — The U.S. is not ready to handle an oil spill if drilling off the Cuban coast goes awry but can be better prepared with monitoring systems and...
DC firm taps PR attorney Alonso
Issued: January 31, 2012
Veteran Puerto Rican labor law attorney Juan Luis Alonso has joined the Groom Law Group, Chartered, a Washington, D.C.-based firm that focuses...
Crowley adds Houston-PR LCL service
Issued: January 31, 2012
Crowley Maritime Corp. is launching a new weekly express less-than-containerload (LCL) service from Houston in early February that will get shippers’...
Ex-lawmaker puts conditions on arrest
Issued: January 31, 2012
Embattled former Rep. Iván Rodríguez Traverzo is putting conditions on his eventual surrender, saying he doesn’t want a “political circus” to surround...


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