Top Local News Headlines

These are the top local news stories from News is my Business for Thursday, February 21, 2019.

Evertec reports $20.2M in net income for 4Q18, $86.3M for full year

Published 21 February 2019, 5:04 am
For the year ended Dec. 31, 2018, the result represented or $1.16 per diluted share, compared with $55.1 million or $0.76 per diluted share in the prior year. Read More →

Vimenti reveals achievements during 1st semester, needs of population it serves

Published 21 February 2019, 5:03 am
In its first semester, Vimenti's job program for youths and adults graduated 52 participants. Read More →

$14M Flamboyán Arts Fund opens public grants cycle for ’19

Published 21 February 2019, 5:02 am
The grant application will close March 31st and awards will be announced in the spring. Read More →

El Yunque-inspired backpacks aim to support entrepreneurs

Published 21 February 2019, 5:01 am
The line consists of four backpacks named after endemic species — Puerto Rican parrot, Palma Real, Yerba Linda and Caracol. Read More →

P.R./USVI offered hotline to Solix Inc. E-rate consulting services

Published 21 February 2019, 5:00 am
Solix Inc., which served as the E-rate business process solution provider for 20 years, has established a dedicated hotline 844-656-4405 for communities in Puerto Rico and the USVI. Read More →

MIDA: Jones Act has ‘devastating effects’ on P.R. economy, with losses of up to $1.5B

Published 20 February 2019, 11:26 am
With the data collected, the firm calculated an impact equivalent to a Jones Act Tax of 7.2 percent on food and beverages alone, which translates into an increase of $367 million on the economy only on beverages and food to Puerto Rico. Read More →

Jet Aviation acquires full ownership of fixed-based operator at LMM

Published 20 February 2019, 5:07 am
Jet Aviation has been operating the San Juan FBO under a management agreement with the previous owner, Pazos, since March 2017. Read More →

COR3 office unveils website to provide updates on recovery funding, projects

Published 20 February 2019, 5:06 am
The Central Office of Recovery, Reconstruction and Resiliency, known as COR3, unveiled its “transparency portal,” or the website created to provide information about Federal Emergency Management Agency funding to be used to rebuild Puerto Rico in the wake of Hurricane María. COR3 Executive Director Omar Marrero said the website will be updated regularly, as FEMA... Read More →

12th edition of Saborea Puerto Rico food fest set for April 4-7 in Carolina

Published 20 February 2019, 5:05 am
The 12th edition of Saborea Puerto Rico, a culinary extravaganza is slated to take place April 4-7 at the Carolina public beach, organizers announced. “For the twelfth time, we’re coming back with Saborea Puerto Rico, a culinary extravaganza, the event that undoubtedly places Puerto Rico on the map for lovers of good food,” said Clarisa... Read More →

Military equipment maker in Guánica investing $25M in 2-year expansion

Published 20 February 2019, 5:04 am
The company’s expansion and investment also entails creating 550 permanent jobs and retaining 550 workers. Read More →

Total Petroleum P.R., Aerostar renew 10-year fuel supply contract at LMM

Published 20 February 2019, 5:03 am
This contract allows Total to maintain a presence in Puerto Rico's aviation market segment. Read More →

American Red Cross, UPR Med School to offer joint health services in 11 P.R. towns

Published 20 February 2019, 5:02 am
The initiative carries a $350,000 investment granted by the American Red Cross to the UPR Med School. Read More →

Claro, Dept. of Education partner for digital enrollment project

Published 20 February 2019, 5:01 am
This new service will be available starting Feb. 21, the provider confirmed. Read More →

Abarca announces ‘Better Care Community Program’ to support local nonprofits

Published 20 February 2019, 5:00 am
Recent studies establish that the majority of the “Millennial” generation expects the companies where they work to show a commitment to the causes they care about. Read More →

P.R.’s Energy Bureau: Sunnova’s residential solar panel lease contracts illegal

Published 19 February 2019, 5:02 am
The NEPR concluded on Feb. 15, 2019 that, by forcing them to resolve the disputes through arbitration, Sunnova violated consumers rights to seek remedy before that entity. Read More →

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