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CWC acquiring Columbus in $3B deal
Issued: November 6, 2014
Cable and Wireless Communications PLC has reached a conditional agreement to acquire Columbus International Inc. in a proposed deal worth more than $3...
Aguadilla call center to create 500 jobs
Issued: November 6, 2014
The opening of a $5.1 million CommSense calling center in Aguadilla is expected to create 500 new jobs in the coming years. ...
Pierluisi: Funding for disabled at risk
Issued: November 6, 2014
The Puerto Rico government has gotten word from the U.S. Department of Health & Human Services (HHS) that it plans to pull the plug on roughly...
Somos conference kicks off in PR
Issued: November 6, 2014
The Somos El Futuro Fall Conference, an annual policy retreat that draws much of the New York State political establishment to Puerto Rico, kicked off...
SBA lending at record; PR sees rise
Issued: November 6, 2014
The U.S. Small Business Administration 7(a) Loan Program reached another lending record in fiscal 2014, SBA Administrator Maria Contreras-Sweet said...
Economist: 1970s NYC not map for PR
Issued: November 6, 2014
Voices from financial industry veterans to international economists have linked Puerto Rico’s current fiscal meltdown to the cash and credit crisis...
Judge nixes bid to revisit Doral ruling
Issued: November 6, 2014
The Puerto Rico government has been dealt another legal setback in its effort to get out of a $230 million tax deal with Doral Financial Corp. ...
Hudson Technologies buys rival Polar
Issued: November 6, 2014
Hudson Technologies has acquired the reclamation business and assets of Polar Technologies including its facility in Puerto Rico. ...
Guayacán lands funds to start I-Corps
Issued: November 6, 2014
Grupo Guayacán Inc. has landed $62,000 in federal funds to launch I-Corps Puerto Rico to help train would-be entrepreneurs to build and develop...
All 4 stateside Puerto Rican members of Congress re-elected
Issued: November 5, 2014
All four stateside Puerto Rican members of Congress were re-elected to new terms during mid-term elections on Tuesday that saw the Republican Party...
Travelzoo: PR is best bet for 2015
Issued: November 5, 2014
Travelzoo Inc. is predicting that Puerto Rico will again offer U.S. travelers the most bang for their buck in 2015. ...
SEC sanctions 13 firms for improper sales of PR junk bonds
Issued: November 5, 2014
The Securities and Exchange Commission on Monday imposed sanctions on 13 firms — including UBS Financial Services, Charles Schwab & Co. and J.P....
Aeronet aims for 4G LTE launch in 2015
Issued: November 5, 2014
Puerto Rican operator Aeronet is looking to launch 4G LTE services next year. ...
Truckers protest snarls traffic in SJ
Issued: November 5, 2014
Traffic was snarled along the rain-soaked streets of San Juan on Wednesday morning as hundreds of truckers staged a rolling protest against...
Planning Board posts 2015 economic plan
Issued: November 4, 2014
The Puerto Rico Planning Board has posted the bulk of its comprehensive economic development plan for 2015. ...
Santander Asset Management reloads
Issued: November 4, 2014
Santander Asset Management, LLC (SAM) has successfully implemented its business continuity plan for interim portfolio management support and...
Sanofi dengue vaccine nearing market
Issued: November 4, 2014
France-based pharmaceutical firm Sanofi plans to file to market its dengue vaccine next year after a phase III trial found that it is effective in...
Triple-S nets $4.7M in 3Q; prepares to launch $50M stock buyback
Issued: November 4, 2014
Triple-S Management Corp. posted third-quarter net income of $4.7 million, or $0.17 per diluted share, compared with $18.6 million, or $0.68 per...
Liberty spins off LatAm-Caribbean assets
Issued: November 4, 2014
Liberty Global has created a new subsidiary to cover its investments in Latin America and the Caribbean. ...
Law firms alert for Prepa debt default
Issued: November 4, 2014
Law firms are handling an increasing number of arbitration claims by investors in Puerto Rico Electric Power Authority bonds as island government...
Dozens of PR candidates in US midterm
Issued: November 4, 2014
More than three dozen Puerto Rican candidates are up for election to state and federal political posts during the midterm elections in the U.S. on...
Pridco, J&J deny McNeil plant closing
Issued: November 4, 2014
The Puerto Rico Industrial Development Co. and Johnson & Johnson denied reports McNeil Consumer Healthcare could shutter its plant in Las Piedras...
Fortaleza aims to cut auto excise tax
Issued: November 4, 2014
Gov. Alejandro García Padilla has sent legislation to the Capitol that would cut excise taxes on automobiles by 10 percent. ...
PR manufacturing index slides
Issued: November 4, 2014
A gauge of Puerto Rico’s manufacturing industry backed off in September, posting a fifth drop in six months below the growth threshold. ...
Investor sues OCIF for UBS deal info
Issued: November 3, 2014
An investor who claims he lost big on Puerto Rico closed-end bond funds sold by UBS has sued the island government’s Office of the Commissioner of...


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