Top Local News Headlines

These are the top local news stories from News is my Business for Monday, August 31, 2015.

Bondholders launch coalition of ‘ordinary investors’

Published 28 August 2015, 5:00 am
The 60 Plus Association announced Thursday the formation of "Main Street Bondholders," a new small bondholder coalition made up of ordinary investors from Puerto Rico and the U.S. mainland who hold retirement, college and life savings in Puerto Rican bonds. Read More →

Census: 1 in 5 movers relocate to different metro area

Published 26 August 2015, 5:02 am
About 18 percent of all movers in the U.S. mainland and Puerto Rico, totaling 8.5 million people, moved to a different metropolitan area in the last year, according to new statistics released Tuesday by the U.S. Census Bureau. Read More →

EVERTEC, HNBA announce executive appointments

Published 26 August 2015, 5:01 am
A handful of promotions and a national designation headline this edition of “Climbing the Corporate Ladder.” Read More →

P.R. lawmaker asks Obama to intervene in fiscal crisis

Published 26 August 2015, 5:00 am
Rep. José Enrique Meléndez, sent a letter to President Obama Tuesday asking his administration to intervene and become more active in its engagement when dealing with Puerto Rico’s economic crisis. Read More →

Justice asks SCOTUS to review validity of Law 71

Published 25 August 2015, 5:02 am
The Puerto Rico Department of Justice has petitioned the U.S. Supreme Court for certiorari, ruling the constitutional validity of the Public Corporation Debt Restructuring Act, which would allow the island’s public corporations to restructure their debts through an orderly process. Read More →

7th edition of Guayacán Venture Accelerator underway

Published 25 August 2015, 5:01 am
Grupo Guayacán Inc. announced Monday the launch of the 7th edition of its Guayacán Venture Accelerator program. Read More →

P.R. gets $268K in SBA funding to boost exports

Published 25 August 2015, 5:00 am
Puerto Rico has been assigned $288,650 through the Small Business Administration’s State Trade and Export Promotion (STEP) program to support activities to increase exporting by small businesses, the agency announced Monday. Read More →

Rock Solid among Inc. 5000’s fastest-growing companies

Published 21 August 2015, 5:01 am
Puerto Rican software development company, Rock Solid Technologies Inc., has for the first time ranked in the annual Inc. 5000 listing, taking spot 4,805 among the nation's fastest-growing private companies. Read More →

EVERTEC announces organizational changes at helm

Published 21 August 2015, 5:00 am
San Juan-based, full-service transaction processing company EVERTEC Inc. announced Thursday key organizational changes in its leadership team. Read More →

Empresas Fonalledas buys Starbucks licensing rights

Published 20 August 2015, 5:02 am
Starbucks Coffee Company and Baristas Del Caribe, LLC, an affiliate of Empresas Fonalledas, a family-owned Puerto Rican group of companies, announced Wednesday that Baristas Del Caribe has acquired exclusive rights to operate Starbucks 19 stores in Puerto Rico. Read More →

Hotels get P.R. Medical Tourism program certifications

Published 20 August 2015, 5:01 am
Puerto Rico Medical Tourism Corporation and Florida-based Medical Tourism Association announced Wednesday the Caribe Hilton and the Condado Plaza Hilton are the island’s first hotels to be certified after the training and inspection process under the Medical Tourism Program. Read More →

FirstBank’s ‘Duplica tu Balance’ promotion takes off

Published 20 August 2015, 5:00 am
FirstBank’s latest campaign, dubbed “Duplica tu Balance” (“Double your balance”) takes off today, offering customers an automatic entry to the draw of two partial awards of $5,000 and of a grand prize of up to $50,000 with each transaction registered on their personal deposit accounts through Nov. 20, 2015. Read More →

SBA announces funding package to spur P.R. economy

Published 18 August 2015, 5:02 am
U.S. Small Business Administration head María Contreras-Sweet was in Puerto Rico Monday to announced a series of initiatives to spur the island’s economy and create jobs. Read More →

Execs named in tech, law, capital management firms

Published 18 August 2015, 5:01 am
Puerto Rico’s private sector continues to appoint new executives to its ranks, with technology, legal and capital management firms taking center stage in recent weeks. Read More →

Open Mobile, Assurant Solutions team on device trade-in

Published 18 August 2015, 5:00 am
Open Mobile, one of several mobile network operators in Puerto Rico, is partnering with Assurant Solutions on a trade-in program that enables customers purchasing a new mobile phone to get instant credit for their old one. Read More →

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