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Sony to close shop in Puerto Rico
Issued: January 15, 2015
Sony Puerto Rico will close the doors at its Plaza Las Américas and Mayaguez Mall locations Feb. 28, bringing to an end a 25-year trajectory on the...
Puerto Rico governor signs petroleum-tax increase into law
Issued: January 15, 2015
Gov. Alejandro García Padilla enacted legislation Thursday to boost the petroleum tax and authorize a bond deal of up to $2.95 billion, but sent...
First BanCorp announces the appointment of new COO
Issued: January 15, 2015
Aurelio Alemán, president & CEO of First BanCorp, announced the appointment of Donald L. Kafka as executive vice president & chief operating...
Traffic-monitoring company pressed to reveal cancellation ‘compensation’
Issued: January 15, 2015
New Progressive Party (PNP) Rep. Llerandi Ricardo Cruz called on Transportation Department Secretary Miguel Torres to report the exact amount and...
Coach leaving Plaza; moving to Mall of San Juan
Issued: January 15, 2015
After some 15 years in Plaza Las Americas, well-known leather goods store Coach, which specializes in top-of-the-line pocketbooks, is closing up shop...
Foreclosures--not in P.R.-- fell in 2014 to levels before housing bust
Issued: January 15, 2015
 A healthier U.S. housing market and economy helped to winnow foreclosures in 2014 to levels not seen since before the housing bust in many areas...
Study shows more than 200,000 abandoned Puerto Rico in the past years
Issued: January 14, 2015
Some 218,000 Puerto Ricans have relocated to the U.S. mainland in the past four-year period according to an analysis made public Wednesday by the...
PRCC yet to see full KPMG tax-reform report
Issued: January 14, 2015
While Puerto Rico Chamber of Commerce President (PRCC), José Izquierdo Encarnación said the association didn’t have a chance to thoroughly see the...
Cape Air chosen as a Condé Nast Reader Top 10
Issued: January 14, 2015
Cape Air, whose operations in Puerto Rico cover nine domestic and regional routes, was voted among the top-10 “America’s Best Airlines” by the readers...
Caribbean/Mexico region sees uptick in hotel room inventory
Issued: January 14, 2015
HENDERSONVILLE, Tenn. — The Caribbean/Mexico hotel development pipeline comprises 161 hotels totaling 27,378 rooms, according to Smith Travel Research...
Puerto Rican-led company develops lab test for chikungunya
Issued: January 14, 2015
MIAMI — BioCollections Worldwide Inc. (BCW), a global clinical research company with headquarters in Miami, announced the successful development of a...
Amid its other struggles, Puerto Rico enjoys drop in crime
Issued: January 14, 2015

SAN JUAN — The crime wave that marred Puerto Rico's image in recent years appears to have ebbed, with homicides decreasing and both residents...

Pierluisi reacts to García Padilla's immigrant-voter statement 
Issued: January 13, 2015

Washington, D.C. — Fresh off speaking at the U.S. House of Representatives about Puerto Rico and its lack of statehood, Resident Commissioner...

McCain moves to bolster U.S. LNG exports to Puerto Rico
Issued: January 13, 2015
A veteran U.S. senator and former Republican presidential candidate filed an amendment to federal legislation that would remove a major stumbling...
Oil dips below $45 as OPEC signals no cuts
Issued: January 13, 2015
NEW YORK — The price of oil has dipped below $45 a barrel following the latest sign from OPEC that the group doesn't plan to cut production. ...
Pierluisi speaks before U.S. Congress about Puerto Rico statehood projects
Issued: January 13, 2015

Washington, D.C. — Puerto Rico Resident Commissioner Pedro R. Pierluisi, again took a turn today on the floor of the federal House of...

Virgin Islands Water & Power Authority electric system revenue bond outlook to stable from negative
Issued: January 13, 2015

NEW YORK — Standard & Poor's Ratings Services has revised its outlook on Virgin Islands Water & Power Authority’s (WAPA) electric...

Puerto Rico to set vote for admission into the United States
Issued: January 13, 2015
Former speaker and current member of the Puerto Rico House of Representatives José Aponte Hernández announced Tuesday the filling of a bill that will...
NPP presses for a 'yes or no' statehood vote
Issued: January 12, 2015
The House and Senate New Progressive Party (NPP) delegations filed bills Monday that call for a “yes or no” vote on statehood this November. ...
Visit by Dominican President Medina Sánchez marks new era of cooperation
Issued: January 12, 2015
Puerto Rico has entered “a new era of cooperation” with the Dominican Republic as the result of Tuesday’s visit by Dominican President Danilo Medina...
GDB hires capital markets adviser
Issued: January 12, 2015
The Government Development Bank for Puerto Rico (GDB) said late Monday it has retained Philadelphia-based Public Financial Management Inc. to advise...
Sun Country Airlines to provide San Juan-Naples flight
Issued: January 12, 2015

The first nonstop service between Fort Myers, Fla., and San Juan will start in May providing Puerto Ricans an additional route to the state seeing...

United/American targeted in attempt to steal customers' miles
Issued: January 12, 2015
DALLAS — Thieves with stolen usernames and passwords have broken into customer accounts at American and United airlines, and in some cases booked free...
Wovenware to expand
Issued: January 12, 2015

Gov. Alejandro García Padilla announced this morning the expansion of software developer Wovenware—which provides consulting to the...

The Economist forecast: PR among world’s weakest economies in 2015
Issued: January 11, 2015
The Economist has pegged Puerto Rico as one of the world’s worst performing economies in its global predictions for 2015. ...


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