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A.M. Best downgrades COSVI ratings
Issued: May 13, 2015
Insurance rating company A.M. Best has downgraded its rating for Cooperativa de Seguros de Vida de Puerto Rico (COSVI). ...
MIDA consumer snapshot reveals 14% drop in food spending
Issued: May 13, 2015
Consumer spending in food has plummeted in Puerto Rico by almost 14% in the past year, according to the latest MIDA Consumer X-Ray Study (Radiografía...
More vehicles recalled for problem Takata air bag inflators
Issued: May 13, 2015
Toyota Motor Corp. and Nissan Motor Co. are expanding their recalls over problem air bags made by Japanese supplier Takata Corp. by another 6.5...
Puerto Rico Tech Summit kicks off
Issued: May 13, 2015
O’Reilly Media founder Tim O’Reilly will be one of the keynote speakers at the Tech Summit Puerto Rico 2015 event, the island’s chief information...
Economic impact of groups, conventions for summer up 53%
Issued: May 13, 2015
Puerto Rico was selected to hold 47 events generated by groups, conferences, annual meetings and sports events throughout the summer season. ...
Enterprise expands with truck rentals
Issued: May 13, 2015
Enterprise Truck Rental, a service of Enterprise Rent-A-Car, has opened its first location in Puerto Rico. The new Carolina office operates a fleet of...
Norwegian London-San Juan flight to start at $300
Issued: May 13, 2015
Starting November 2015, Norwegian will launch a nonstop service between London Gatwick and Puerto Rico. ...
Reliable Auto now financing vehicles through Volkswagen Credit, Audi Financial
Issued: May 13, 2015
Volkswagen Credit and Audi Financial Services have an agreement with Reliable Auto that introduces retail financing options in Puerto Rico. ...
Medicinal cannabis producer Growblox announces Puerto Rico operations
Issued: May 13, 2015
Growblox Sciences Inc., a biopharmaceutical research and development company with technologies in plant biology and cultivation designed to produce...
Review: What to do if phones fill up with photos
Issued: May 13, 2015
Shoot enough photos and videos, and your phone will eventually fill up. Many phones don't let you add storage, and moving images to a personal...
Caguas kicks off $9.8 million urban center revitalization
Issued: May 13, 2015
DownTown Caguas, a comprehensive, $9.8 million project that aims to revitalize the urban center of the municipality near San Juan, was unveiled...
García Padilla continues to push for a VAT
Issued: May 13, 2015
During a press conference Tuesday, Gov. Alejandro García Padilla said a value-added tax (VAT, or IVA by its Spanish acronym) proposal is in the works,...
Cemento Elefante Rojo terminal in San Juan sold for $34 million
Issued: May 12, 2015
Putney Capital Management (Putney) and Cementos Argos (Argos) have acquired the Cemento Elefante Rojo terminal in San Juan. ...
Fiat Chrysler adds nearly 69k Jeeps to side air bag recall
Issued: May 12, 2015
Fiat Chrysler is adding almost 69,000 Jeep Cherokees to a recall to fix software that can cause side air bags to inflate without a crash. ...
Raul Castro: US and Cuba ambassadors to be named soon
Issued: May 12, 2015
HAVANA — Cuba and the U.S. will name ambassadors to each other's countries after the island is removed from the U.S. list of state sponsors of...
UPR Alumni Abroad launch Women's Leadership Series in DC with WH’s González Noguera
Issued: May 12, 2015
WASHINGTON — The University of Puerto Rico Alumni and Friends Abroad (UPRAA) announced the launching of its first Women's Leadership Series to...
Puerto Rico Society of CPAs to host government learning program
Issued: May 12, 2015
CPAs and other professionals serving federal, state and local government clients can catch up with the latest information in a two-day seminar to be...
Ikea recalling about 75,000 safety gates after some fail
Issued: May 12, 2015
WASHINGTON — Ikea is recalling approximately 75,000 safety gates because the gates may fail to stay closed. Three children have been injured. ...
Only 3 of 7 midsize SUVs perform well in crash tests
Issued: May 12, 2015
Only three of seven midsize SUVs from the 2015 model year performed well in front-end crash tests done by an insurance industry group. ...
How to help Nepal earthquake victims
Issued: May 12, 2015
Aid groups are still struggling to get crucial supplies to survivors of Nepal's devastating earthquakes. Here's a list of organizations aiding...
Balearia requests to start ferry operations to Cuba; considering greater expansion in Caribbean
Issued: May 12, 2015
Spanish maritime passenger and cargo transportation operator Balearia has requested a license to operate between the U.S. and Cuba from the...
60 Plus urges U.S. Congress to reject Puerto Rico bailout
Issued: May 12, 2015
The 60 Plus Association, a U.S. mainland-based right-leaning organization representing more than 7.2 million seniors, recently launched a campaign...
Treasury misses April revenue estimates by $97 million
Issued: May 12, 2015
Treasury Secretary Juan Zaragoza announced that Puerto Rico's preliminary general fund net income in April totaled $1.332 billion, missing revenue...
Piloto 151 celebrates Tech Week
Issued: May 11, 2015
This week, the startup and tech community has plenty of venues for a series of workshops and events that are sure to boost Puerto Rico’s...
Small Business Week kicks off in Puerto Rico
Issued: May 11, 2015
The Puerto Rico and Virgin Islands district office of the U.S. Small Business Administration (SBA) kicks off Small Business Week in Puerto Rico Monday...


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