Local News

Top Local News Headlines

These are the top local news stories from News is my Business for Tuesday, July 29, 2014.

Colombia pursues exchange with Puerto Rican IT sector

Published 29 July 2014, 5:02 am

NEW YORK — Colombia, a country that in the first quarter of 2014 saw an economic growth of 6.4 percent year-over-year, is aggressively pursuing business opportunities in the Americas through commercial agreements with a spectrum of sectors. Read More →

Oriental grants $1.4M loan to Bettina Cosmetics Inc.

Published 29 July 2014, 5:00 am

Oriental Bank’s corporate banking division recently granted Puerto Rican company Bettina Cosmetics Inc. a loan exceeding $1.4 million, in keeping with its goal of supporting the island’s economic development. Read More →

UTC Aerospace Systems expands Puerto Rico presence

Published 23 July 2014, 5:03 am

UTC Aerospace Systems announced Tuesday, in tandem with the government that it has created more than 200 jobs in recent months in its affiliates in Puerto Rico, where it plans to invest an additional $9M in its Santa Isabel operations to meet increased demand for its products. Read More →

Gamers gather in Santurce for electronic gaming tourney

Published 23 July 2014, 5:02 am

More than 350 gamers converged in Santurce this past Saturday to participate in the “Optico Fiber Gaming — No Lag Allowed” tournament. The event, organized by Electronic Sports Puerto Rico, was held at the Telegrafo building at the hart of the sector’s Digital Corridor. Read More →

Op-Ed: Money v. power, Like Lebron, I choose the power of impact

Published 23 July 2014, 5:01 am

Earlier this month, the world shook when NBA star Lebron James decided to leave roughly $30 million of guaranteed money on the table and a proven Miami Heat squad to come back home to join his former hometown team the Cleveland Cavaliers. Read More →

Shoe Carnival adds stores in Bayamón, Mayagüez

Published 23 July 2014, 5:00 am

Shoe Carnival in Puerto Rico is going strong with its local expansion, adding two new stores to its footprint in time for back to school. Read More →

BlueMountain Capital Management sues gov’t, PREPA

Published 22 July 2014, 5:28 am

BlueMountain Capital Management, LLC filed a lawsuit on Tuesday against the government of Puerto Rico, challenging the legality of a new law that allows certain public corporations to avoid their debts. Read More →

Gov’t defends strategy, lays out numbers for investors

Published 18 July 2014, 5:05 am

Gov. Alejandro García-Padilla and members of his fiscal team faced investors during a webcast Thursday, during which they defended the administration’s strategy thus far to turn around the island’s grim financial situation. Read More →

DR/PR ferry to resume route after 3-month hiatus

Published 18 July 2014, 5:04 am

Three months after dropping anchor on its maritime route between Puerto Rico and the Dominican Republic, America Cruise Ferries will resume offering the service today, following a $6 million mechanical and esthetic remodeling of the Caribbean Fantasy ship. Read More →

ENLACE gets $60K EPA grant to reduce water pollution

Published 18 July 2014, 5:03 am

The U.S. Environmental Protection Agency is providing a $60,000 grant to nonprofit ENLACE to design a plan for a new stormwater drainage system along the Marín Peña Channel. Read More →

Sam’s exports Café Yaucono, Arroz Rico to Florida clubs

Published 18 July 2014, 5:02 am

Sam’s Club announced Thursday it will begin selling Café Yaucono and Arroz Rico to its stores in Florida as part of its program to export Puerto Rican products to areas with a large community from the island. Read More →

LG G3 smartphone debuts in Puerto Rican mobile market

Published 18 July 2014, 5:01 am

Following its strong debut in South Korea, LG Electronics (LG) will begin its global rollout of its G3 smartphone starting next week, in partnership with several carriers, including Claro, T-Mobile and AT&T in Puerto Rico. Read More →

Yogen Früz opens location in Kmart San Patricio store

Published 18 July 2014, 5:00 am

Frozen yogurt retailer Yogen Früz recently opened a new kiosk-type location at the main entrance of the Kmart store in San Patricio Plaza mall in Guaynabo, becoming the first of several planned inside the retailer, company officials said. Read More →

Oriental’s check-image deposit transactions exceed $1M

Published 17 July 2014, 5:04 am

Less than a year after launching, Oriental’s check-image deposit service, “FotoDepósito” has generated more than $1 million in transactions from customers using their smartphones to interact with the bank, officials said Wednesday. Read More →

AT&T expands 4G LTE to Vega Alta, Toa Baja, Cayey

Published 17 July 2014, 5:03 am

As part of its continuing network investment and ongoing 4G LTE rollout, AT&T has added three mobile Internet cell sites in Vega Alta, Toa Baja and Cayey to expand its 4G LTE coverage for area residents and businesses, the company announced this week. Read More →

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