Top Local News Headlines

These are the top local news stories from News is my Business for Monday, April 27, 2015.

Economist: Sense of crisis prevails, decision time is now

Published 27 April 2015, 5:05 am
Going into its eighth year of negative growth, Puerto Rico needs to become accountable for its “sad state” of internal affairs and make a number of necessary decisions to recover growth in fiscal years to come and put an end to the prevailing sense of crisis, said economist firm H. Calero Consulting Group in the most recent edition of its internal publication “Pulse.” Read More →

SBA kicks-off Emerging Leaders training series in P.R.

Published 27 April 2015, 5:04 am
The U. S. Small Business Administration Puerto Rico and U.S. Virgin Islands district office recently kicked-off the first ever Emerging Leaders training series on the island and announced the participants selected for the Class of 2015. Read More →

9 Guaynabo schools recycle 110 tons of materials

Published 27 April 2015, 5:03 am
Nine Guaynabo schools recovered 110 tons of recyclable materials as part of the “Earth Recycling Challenge,” a contest organized by Hugo Neu Environmental in partnership with the town of Guaynabo and the Environmental Awareness Foundation. Read More →

AT&T grants $38K to undergrad Sacred Heart students

Published 27 April 2015, 5:02 am
Sacred Heart University recently received a $38,000 contribution from AT&T to support 31 undergraduate scholarships for students with satisfactory academic performance, financial need, and a demonstrated commitment to their careers will be able to participate. Read More →

Olive Garden to hire 250 for San Patricio restaurant

Published 27 April 2015, 5:01 am
Looking to promote local economic development and job creation, Puerto Rican company Restaurant Operators Inc., announced it is looking to fill 250 slots at its second Olive Garden restaurant expected to open this summer in San Patricio Plaza in Guaynabo. Read More →

UPR-Mayagüez, Ahkeo to build 1st microgrid power lab

Published 27 April 2015, 5:00 am
The University of Puerto Rico in Mayagüez and Ahkeo Holdings LLC, a Puerto Rico based conglomerate focused on renewable energy solutions, recently partnered to establish the island’s first Microgrid Power System Laboratory to develop electrical redistribution options that can either run independently of the Puerto Rico Electric Power Authority and within the network connection, if necessary. Read More →

Momentum builds for and against Ch. 9 inclusion bill

Published 23 April 2015, 5:06 am
U.S. Congress is still “weighing the merits” of H.R. 870, known as the Puerto Rico Chapter 9 Uniformity Act, as momentum builds from outside groups for and against the measure that would authorize the island’s government to restructure its fiscal obligations under Chapter 9 of the U.S. bankruptcy code. Read More →

SME to discuss ‘what’s next’ in May 7-8 conference

Published 23 April 2015, 5:05 am
The Puerto Rico Sales and Marketing Executives Association will hold its annual conference on May 7-8, from 8:30 a.m. to 7:30 p.m., at the Sheraton Puerto Rico Hotel & Casino titled, focusing on “What’s next?” for the industry. Read More →

USDA expands StrikeForce Initiatives to Puerto Rico

Published 23 April 2015, 5:04 am
U.S. Department of Agriculture officials from the agency’s Agricultural Marketing Service, Food and Nutrition Service, Natural Resources Conservation Service, and Rural Development, joined Puerto Rico’s First Lady, Wilma Pastrana on Wednesday to announce the expansion of its StrikeForce for Rural Growth and Opportunity program into Puerto Rico. Read More →

Sun West Mortgage opens new Guaynabo headquarters

Published 23 April 2015, 5:03 am
After four years of having successfully established itself on the island, mortgage finance company Sun West Mortgage Company inaugurated Wednesday its new expanded headquarters in Guaynabo’s Maramar Square, from where it will collaborate with offices in the U.S. mainland and the U.S. Virgin Islands. Read More →

Puerto Rico Restaurant Week returns May 27-June 3

Published 23 April 2015, 5:02 am
Puerto Rico will celebrate the fourth edition of the “Puerto Rico Restaurant Week” gastronomic event, slated to take place from May 27 to June 3. Read More →

Pronto Wash reinvents itself, increases traffic

Published 23 April 2015, 5:01 am
Pronto Wash, an operator of car wash facilities at 17 malls, recently overhauled its marketing program to attract more customers through memberships. As a result, the chain said it has a “significant traffic increase” and signed up more then 1,000 new members in nine months. Read More →

Popular invests $250K in Community Investment Fund

Published 23 April 2015, 5:00 am
Fulfilling its social responsibility goals, Banco Popular recently became the first bank to invest in the Community Investment Fund run by the Puerto Rico Community Foundation, investing $250,000. Read More →

GDB: Puerto Rico gov’t could shut down in 3 months

Published 22 April 2015, 5:45 pm
The Puerto Rico Government Development Bank (GDB) warned Gov. Alejandro García-Padilla that without an approved tax reform and a budget adjusted to public spending and the island’s fiscal reality, the government could run out of money and shut down within the next three months. Read More →

Science Trust grants $1.8M to 12 local scientific projects

Published 22 April 2015, 5:02 am
The development of new drugs against malaria, the creation of hybrid technologies to further communications and aviation, as well as advances in biotechnology to purify water, are several of the initiatives that will be made possible thanks to the awarding of grants for 12 scientific projects, given by the Puerto Rico Science, Technology & Research Trust. Read More →

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