Top Local News Headlines

These are the top local news stories from News is my Business for Sunday, February 25, 2018.

SBA approves more than $1B in disaster loans in P.R.

Published 23 February 2018, 5:05 am
The U.S. Small Business Administration announced that more than $1 billion in low-interest disaster loans has been approved for 28,106 Puerto Rico residents and businesses recovering in the aftermath of Hurricanes Irma and María, which struck in September 2017. Read More →

FHA expands foreclosure relief for victims of ’17 disasters

Published 23 February 2018, 5:04 am
The Federal Housing Administration (FHA) announced expanded mortgage relief to FHA-insured homeowners who live or work in areas impacted by Hurricanes Harvey, Irma and María as well as California wildfires and subsequent flooding and mudslides. Read More →

Gary Sinise & the Lt. Dan Band to headline post-hurricane benefit concert in P.R.

Published 23 February 2018, 5:03 am
PenFed Credit Union, along with the Gary Sinise Foundation and their official airline partner American Airlines, announced plans for a special benefit concert featuring Gary Sinise & the Lt. Dan Band on March 2 to raise awareness of Puerto Rico's hurricane recovery needs and to provide an evening of entertainment open to all. Read More →

Milken Institute to lead efforts to review death count related to Hurricane Maria in P.R.

Published 23 February 2018, 5:02 am
More than five months after Hurricane María made its devastating landfall on Puerto Rico, Gov. Ricardo Rosselló announced that Milken Institute School of Public Health at the George Washington University will lead a study on the review of deaths associated with the deadly storm. Read More →

Op-Ed: Dudley — Now is ‘perfect opportunity’ for P.R. start energy grid from scratch

Published 23 February 2018, 5:01 am
Hurricanes Irma and María did immense damage to Puerto Rico and the U.S. Virgin islands, severely exacerbating what were already very difficult economic conditions. My heart goes out to our fellow citizens who have suffered so much and who face a long and difficult recovery ahead. Read More →

Air Century announces offer to travel to Dominican Republic

Published 23 February 2018, 5:00 am
Air Century airline unveiled Thursday an offer for air travel from San Juan to the Dominican Republic, for $99 one-way when purchased online. Read More →

FCC Chair Pai to visit P.R., USVI in March

Published 22 February 2018, 5:04 am
Federal Communications Commission Chairman Ajit Pai will visit Puerto Rico and the U.S. Virgin Islands from March 7–10 to meet with local leaders and communications service providers and review the status of communications restoration efforts after the 2017 hurricane season, the agency confirmed. Read More →

Telecom Summit impulses creation of emergency management committee

Published 22 February 2018, 5:03 am
The First Telecommunications Summit held at the Capitol Wednesday spurred the creation of an multi-sector committee to manage services in the event of an emergency and proposed amendments to the Puerto Rico Telecommunications Act. Read More →

P.R. Institute of Statistics asks court to resolve Board composition dispute

Published 22 February 2018, 5:02 am
The Puerto Rico Institute of Statistics filed a motion at the San Juan Superior Court reiterating its request for declaratory judgment and injunction requested following the legal controversy that arose last summer, related to the composition of its Board, which has not yet been resolved. Read More →

EVERTEC reports 2% revenue drop in 4Q17

Published 22 February 2018, 5:01 am
EVERTEC Inc. announced results for the fourth quarter and full year ended Dec. 31, 2017, reflecting a 2 percent revenue drop, to $99.6 million, during the three-month period, but a 5 percent increase to $407.1 million for the 12-month period. Read More →

Consultiva Internacional Inc. to present economic outlook at conference

Published 22 February 2018, 5:00 am
The investment strategy committee at Consultiva International Inc. will be presenting its global economic outlook for 2018 at its annual conference for clients, guests and partners on Feb. 23, the firm announced. Read More →

USDA grants temporary expansion of P.R. nutrition assistance

Published 21 February 2018, 5:02 am
Puerto Rico residents continuing to recover from the impacts of recent hurricanes could be eligible for increased nutrition assistance, thanks to a grant from the U.S. Department of Agriculture (USDA), the government announced. Read More →

$45K solar energy system installed at Hogar Cuna San Cristóbal in Caguas

Published 21 February 2018, 5:01 am
Nonprofit Somos Solar has sponsored a $45,000 solar energy and storage system at the Hogar Cuna San Cristóbal in Caguas that will allow the entity to operate without interruptions when there is no electricity service, said Hiram Williams-Figueroa, executive director of Somos Solar. Read More →

Fiscal Plan for P.R. built on ‘fantasy’ economic projections

Published 20 February 2018, 5:03 am
The most recent version of Puerto Rico’s fiscal plan for its central government would chart the future of the island, giving some degree of certainty to citizens, businesses and investors to bet on Puerto Rico’s dismal economy. Read More →

P.R. to host global ICANN international conference Mar. 10-15

Published 20 February 2018, 5:02 am
Puerto Rico is getting ready to host its first major convention since the passage of Hurricane María last year, when on Mar. 10-15 the Internet Corporation for Assigned Names and Numbers will hold its 61st international community forum at the Puerto Rico Convention Center. Read More →

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