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Top Local News Headlines

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

Agencies join to battle $5M-a-year copper theft problem

Published 27 January 2015, 9:02 am
The Puerto Rico Telecommunications Regulatory Board and the Puerto Rico Police Department signed an agreement Monday to step up the fight against copper theft, which represents about $5 million in annual losses for public and private sector companies. Read More →

Blizzard cripples air travel; grounds 27 P.R./US flights

Published 27 January 2015, 9:01 am
The massive blizzard that is clobbering the northeastern United States crippled air travel between Puerto Rico and that part of the mainland Monday, when 27 inbound and outbound flights at the Luis Muñoz Marín International Airport were grounded by mid-afternoon. Read More →

Medtronic completes $50B acquisition of rival Covidien

Published 27 January 2015, 9:00 am
Medtronic plc, a global developer of medical technology, services and solutions, announced Monday it has successfully completed the previously announced acquisition of Covidien plc, in a cash-and-stock transaction valued at some $49.9 billion. Read More →

Weekend Wheels: Fiat 500L is fun, fearless…and fast

Published 26 January 2015, 9:02 am
The Fiat 500L is one of those vehicles that, upon first glance, can fool anybody into thinking that it’s all about looks. Read More →

Freelancers band together to offer range of services

Published 26 January 2015, 9:01 am
More than 500 independent professionals have joined a network that aims to generate and identify work opportunities in Puerto Rico, with the idea of navigating the current economic conditions. Read More →

QBE Optima Insurance appoints new CEO

Published 26 January 2015, 9:00 am
QBE Optima Insurance recently announced the appointment of Peter Rebrin as its CEO in Puerto Rico, as well as the reassignment of outgoing CEO, Antonio Ortiz, as a Board director. Both appointments will be effective Feb. 7. Read More →

Popular Inc. earns $52.9M in 4Q14, banks on recovery

Published 23 January 2015, 9:02 am
Popular Inc. reported net income of $52.9 million for the quarter ended Dec. 31, 2014 on Thursday, when CEO Richard Carrión told analysts that the bank’s “strong market position, significant liquidity, excess capital levels and internal capital generation will continue to be key to our future performance.” Read More →

Puerto Rico needs to find ‘mofongo factor’ to compete

Published 23 January 2015, 9:01 am
Puerto Rico needs to find that one thing that makes it authentic to be able to compete against — and move ahead of — other tourist destinations that offer the same basic travel experiences. And that one thing, according to a branding expert, is the “mofongo factor.” Read More →

Puerto Rico auto sales drop to ’09 levels, 88K sold in ’14

Published 22 January 2015, 9:03 am
Puerto Rico new car sales totaled 88,175 units in 2014, down 12.3 percent versus 2013, and representing the lowest level of sales since 2009, members of the United Automobile Importers Group said Wednesday. Read More →

Science Trust announces availability of $1.4M in grants

Published 22 January 2015, 9:02 am
The Puerto Rico Science, Technology and Research Trust will be putting up to $1.4 million in grants to help scientists complete federal grant funding applications and to attract new talent to local universities, Interim Executive Director Iván Ríos-Mena said Wednesday. Read More →

Puerto Rico’s 3rd Olive Garden planned for Barceloneta

Published 22 January 2015, 9:01 am
Restaurants Operators Inc., owners of the Olive Garden franchise in Puerto Rico, announced Wednesday the start of construction of its third restaurant, representing a $3 million investment in the northern town of Barceloneta. Read More →

United Airlines switching up meals on U.S. flights

Published 22 January 2015, 9:00 am
United Airlines will introduce new meals and snacks to mainline flights within the U.S., Canada, the Caribbean and leisure markets in Mexico, add meals to shorter flights, expand mid-continental and transcontinental meal service, and offer customers greater options, the carrier said Wednesday. Read More →

Telecom Board opens Liberty/Choice deal for comment

Published 21 January 2015, 9:03 am
The Puerto Rico Telecommunications Regulatory Board has opened for public comment the petition submitted by Liberty Cablevision of Puerto Rico to buy Choice Cable TV, and fold the latter’s franchise license into its local operation, this media outlet confirmed. Read More →

Puerto Rico to host ‘Routes Americas ’16’ global event

Published 21 January 2015, 9:02 am
Puerto Rico was selected Tuesday as the destination for the 9th “Routes Americas” event, which will take place Feb. 7-9, 2016 in San Juan. Read More →

Saborea Puerto Rico gets worldwide accolade

Published 21 January 2015, 9:01 am
Saborea Puerto Rico, an annual food festival that gathers the best local and international culinary talent, will receive next week the 2014 Tourism Excellence Award from Excelencias Group of Spain, Clarisa Jimenez, executive director of the Puerto Rico Hotel and Tourism Association said Tuesday. Read More →

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