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Doral sells $430M in assets
Issued: September 11, 2014
San Juan-based Doral Financial Corp., the financial services holding company of Doral Bank, announced Tuesday the sale of approximately $430 million...
MMM in pact with Metro-Pavia Health
Issued: September 11, 2014
MMM Holdings, LLC and Metro-Pavía Health System have launched a strategic partnership aimed at optimizing the services received by MMM and PMC...
PR in the hunt for HIV/AIDS vaccine
Issued: September 10, 2014
The federal National Institutes of Health (NIH) has signed an agreement with the University of Puerto Rico (UPR) and The Puerto Rico Science,...
Governor heading delegation to DR
Issued: September 10, 2014
Puerto Rico Gov. Alejandro García Padilla is slated to travel to the Dominican Republic on a combined official trip and family vacation on Thursday. ...
Pierluisi pitches tax reform measures; focus on boosting businesses, work
Issued: September 10, 2014
Resident Commissioner Pedro Pierluisi is pitching tax reform measures that he says will create a “fairer and simpler” system that spurs economic...
PR cooperatives post solid gains
Issued: September 10, 2014
Puerto Rico’s banking cooperatives have boosted assets by 13.85 percent to $8.4 billion this year, marking the highest point in the past five years. ...
Businessman pleads guilty to selling putrid pork
Issued: September 10, 2014
A Puerto Rico businessman has pleaded guilty to selling thousands of pounds of putrid pork in the U.S. territory for more than a year. ...
Moody’s: PR no longer benefits directly from gains in US economic growth
Issued: September 10, 2014
It has been said that when the United States sneezes the world catches a cold … and Puerto Rico comes down with pneumonia. ...
Survey: PR hiring forecast bleak for 4Q
Issued: September 10, 2014
Employers in Puerto Rico expect to hire at a very sluggish pace during the fourth quarter of 2014, a new survey of U.S. and island businesses found. ...
Local boat wins International Billfish Tournament
Issued: September 10, 2014
The Puerto Rico-based boat Mayte won Club Naútico de San Juan’s 61st annual International Billfish Tournament with three blue marlin landed. ...
New special education chief named
Issued: September 10, 2014
The Puerto Rico Education Department has named a new assistant secretary to oversee its troubled special education arm. ...
PR woman wins high RI primary
Issued: September 10, 2014
Puerto Rico-native Nellie Gorbea has won the Democratic nomination for Rhode Island secretary of state. ...
Moody’s: Varying degrees in PR banks’ abilities to absorb further economic ills
Issued: September 9, 2014
Puerto Rico’s banks all face a range of risks from the dismal economy but there are degrees in their ability to weather additional macroeconomic...
Oriental expands online, mobile options
Issued: September 9, 2014
OFG Bancorp’s Oriental Bank subsidiary announced the launch of People Pay and the ability for clients to open accounts online as it continues to...
EPA curbs Culebra sewage discharge
Issued: September 9, 2014
The U.S. Environmental Protection Agency and the Culebra municipal government have reached a legal settlement to curb sewage discharges into the...
DR tourist arrivals surge on US visitors
Issued: September 9, 2014
The Dominican Republic posted a 12.8 percent rise in foreign tourist arrivals during August, compared with the same month last year, an achievement...
Legal wrangling as Doral case nears trial
Issued: September 9, 2014
The Puerto Rico Treasury Department has been dealt a setback in its legal battle with Doral Financial Corp. over a $229 million tax deal. ...
Meet PR honors ‘Kiko’ Pesquera with Hall of Fame
Issued: September 8, 2014
Meet Puerto Rico will be honoring individuals who have shown a firm commitment to the development and enhancement of the groups and conventions...
PR ranchers exporting beef to Hong Kong
Issued: September 8, 2014
The Puerto Rico Agriculture Department is touting a deal to export beef to Hong Kong. ...
Big-time billfish tournament down to wire
Issued: September 8, 2014
Club Náutico de San Juan’s annual International Billfish Tournament (IBT) is coming down to the wire after several days of epic fishing action. ...
New Bar chief stresses pro-bono, rights
Issued: September 8, 2014
The incoming president of the Puerto Rico Bar Association is pledging a renewed focus on civil rights and pro bono work. ...
PR, USVI plants get protections
Issued: September 8, 2014
The U.S. Fish & Wildlife Service announced Endangered Species Act protection Monday for three rare plants in Puerto Rico and the U.S. Virgin...
Prepa turnaround boss targets ‘fair plan,’ says nothing is off the table
Issued: September 8, 2014
The new turnaround chief of Puerto Rico’s power authority said she was targeting a “fair plan” in the restructuring of Prepa, with all options on the...
El Yunque visitors center closed for repairs
Issued: September 8, 2014
The El Yunque National Forest’s El Portal Rain Forest Center will close to the public for the next two weeks for repair works. ...
CB’s Marino wins top OPC award
Issued: September 8, 2014
CARIBBEAN BUSINESS senior reporter John Marino has won the Overseas Press Club’s top award for business and financial journalism. ...


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