Top Local News Headlines

These are the top local news stories from News is my Business for Wednesday, August 24, 2016.

Multi-property real estate auction slated for Sept. 10

Published 23 August 2016, 5:05 am
Atlanta-based John Dixon & Associates will conduct an auction of more than 40 pieces of real estate including homes, condominiums, multi-family units and other properties in Puerto Rico on Sept. 10, the company announced Monday. Read More →

AT&T to connect Cuba; upgrades network in St. Thomas

Published 23 August 2016, 5:04 am
AT&T announced Monday it has reached agreements for Cuba roaming and direct interconnection with Empresa De Telecomunicaciones De Cuba, to begin at a date yet to be determined. Read More →

P.R., U.S, Europe, LatAm startups pitch to investors

Published 23 August 2016, 5:03 am
Local company Gasolina Móvil and Spanish Human Resources solution Talentank were two of the startups recognized for their pitches to investors during international accelerator Parallel18’s first Demo Day, held recently. Read More →

Pharma Consulting Corp. marks 13 years of growth

Published 23 August 2016, 5:02 am
Local multidisciplinary company Pharma Consulting Corp. is marking its 13th anniversary by strengthening its services in Puerto Rico, as well as its footprint in the Central and Latin American regions, company President Charil Pabón said Monday. Read More →

Designer David Antonio opens new store in Paseo Caribe

Published 23 August 2016, 5:01 am
Fashion designer David Antonio announced Monday the opening of his new store in Puerta de Tierra’s Paseo Caribe, a 1,500 square-foot space that will generate a combined 12 direct and indirect jobs. Read More →

Plaza Provision CEO nabs sustainability award

Published 23 August 2016, 5:00 am
Roberto Cimino, CEO of Plaza Provision Company has been awarded the “Leadership in Sustainability Award” from Viking Cold Solutions, in recognition of the San Juan-based company’s high-impact sustainable business accomplishments. Read More →

Club Náutico de San Juan invests $1.5M in its future

Published 22 August 2016, 5:03 am
A multi-million dollar investment, an upcoming fish tournament and an interest in FADs are currently on the radar of the Club Náutico de San Juan. Read More →

Economists to discuss PROMESA’s impact at conference

Published 22 August 2016, 5:02 am
The Puerto Rico Economists Association wiil address the impact of the Puerto Rico Oversight, Management and Economic Stability Act (PROMESA) and present, through successful cases, the recipe to achieve economic revitalization during its upcoming annual conference, the organization announced. Read More →

Op-Ed: ‘No hay trabajo in Puerto Rico!’

Published 22 August 2016, 5:01 am
For the past 3½ months I participated as part of a recruitment team for a major company located in Hato Rey as the pre-employment evaluator for communication competency of candidates. Read More →

Bill sparing health services from B2B tax vetoed

Published 22 August 2016, 5:00 am
The Association of Insurance Companies of Puerto Rico (known as ACODESE for its Spanish acronym) blasted Gov. Alejandro García-Padilla’s decision to veto House Resolution 2698, which would have confirmed the exemption of medical services from the 4 percent business-to-business tax. Read More →

PRMA to submit 4 proposals to Congressional task force

Published 19 August 2016, 5:02 am
The Puerto Rico Manufacturers Association will submit four specific proposals to the Congressional Task Force on Economic Growth in Puerto Rico addressing mechanisms to spur economic development on the island in different sectors, trade group President Rodrigo Masses announced Thursday. Read More →

P.R. business groups challenge power rate hike

Published 19 August 2016, 5:01 am
A group of nine leading Puerto Rico industry and business associations on Tuesday filed a legal challenge against a Puerto Rico Energy Commission move to impose the first in a series of what they called “unlimited, blank check" rate increases under the Puerto Rico Electric Power Authority debt-restructuring agreement. Read More →

P.R. pesticide distributors settle with EPA, fined $210K

Published 19 August 2016, 5:00 am
Under a settlement with the U.S. Environmental Protection Agency, two pesticide distributors, Superior-Angran LLC and Superior Angran Caribbean Inc. of Guaynabo, will come into compliance with the Clean Air Act and federal pesticides law, the agency announced Thursday. Read More →

Exec: No protocols makes P.R. reform ‘uncomfortable’

Published 18 August 2016, 5:01 am
A lack of a formal intervention protocol, such as the ones in place in the U.S. mainland for governments in distress, is making Puerto Rico’s restructuring process “uncomfortable” and more challenging to address, an expert with 25 years of experience in reforming troubled public and private sector entities said Wednesday. Read More →

PRABIA, Pontifical Univ. ally to further science, biotech

Published 18 August 2016, 5:00 am
As part of a shared commitment to promoting and supporting education, research and community outreach, the Puerto Rico Agricultural Biotechnology Industry Association (PRABIA) and the Pontifical Catholic University of Puerto Rico entered a general collaborative agreement to foster and provide opportunities to students majoring in science and biotech fields. Read More →

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