Local News

Top Local News Headlines

These are the top local news stories from News is my Business for Thursday, April 24, 2014.

WEF report: Puerto Rico experimenting ‘digital paradox’

Published 24 April 2014, 5:05 am

Puerto Rico slipped five notches to 41st place in this year’s World Economic Forum’s Global Information Technology Report, yet remains ahead of other countries in the region in terms of connectedness, local experts said Wednesday upon analyzing the results. Read More →

Popular scaling back stateside opps, earns $86.4M in 1Q

Published 24 April 2014, 5:04 am

Popular Inc. confirmed Wednesday it will be scaling back its U.S. mainland operations by divesting its branches in California, Illinois and Central Florida and centralizing certain back office operations in Puerto Rico and New York. Read More →

Liberty Puerto Rico turns to cloud to personalize service

Published 24 April 2014, 5:03 am

Liberty Puerto Rico is partnering with technology provider ActiveVideo to launch of a cloud-based personalized user interface that uses real-time viewing metrics to display program popularity and offers insight into how viewers find television content in a social context. Read More →

Sheraton Old San Juan completes $4M in renovations

Published 24 April 2014, 5:02 am

The Sheraton Old San Juan Hotel & Casino has completed an extensive, $4 million renovation of its facilities, including upgrades to guest room, corridors, and key public areas, the Palio Restaurant, as well as building exteriors and new technology, sales and marketing director Armando Emanuelli said Wednesday. Read More →

Ports: Cruise ship business up 15.2% in San Juan

Published 24 April 2014, 5:01 am

Cruise ship business at the Port of San Juan is up 15.2 percent for the first nine months of the fiscal year, representing an increase of 124,619 passengers year-over-year, Puerto Rico Ports Authority Executive Director Víctor Suárez said Wednesday. Read More →

EPA honors Puerto Rico environmental leaders

Published 24 April 2014, 5:00 am

The U.S. Environmental Protection Agency on Wednesday honored eight individuals and organizations from across Puerto Rico with “Environmental Quality Awards” for their achievements in protecting public health and the environment. Read More →

Honeywell Aerospace to open new $35M high-tech lab

Published 23 April 2014, 12:34 pm

Honeywell Aerospace announced an agreement with the government to establish a new $35 million electromagnetic compatibility and environmental test laboratory in the mountain town of Moca. Read More →

P.R. Conservation Trust seeks new investment advisor

Published 23 April 2014, 5:04 am

The Puerto Rico Conservation Trust is one of the island's most prestigious organizations and a leader in land conservation. But like individuals and institutions alike it needs to maximize its income, which is why it is seeking a new financial investment advisor. Read More →

USDA assigns $6.6M to fix Puerto Rico sewage systems

Published 23 April 2014, 5:02 am

The Puerto Rico Aqueduct and Sewer Authority and the Municipality of Hatillo are getting a combined $6.6 million from the U.S. Department of Agriculture to improve sanitary sewer system projects in rural areas, the agency announced Tuesday. Read More →

SBA to award $8M to promote small business exporting

Published 23 April 2014, 5:01 am

The SBA announced today that for the third year, states will be able to apply for grants from the U.S. Small Business Administration starting this week to support efforts to increase exporting by small businesses. Read More →

Sapientis launches fundraiser with Caribbean Cinemas

Published 23 April 2014, 5:00 am

Sapientis, a nonprofit organization dedicated to promoting educational leadership in public schools, is carrying out its annual fundraising campaign in alliance with Caribbean Cinemas, through May 14th. Read More →

Leasing options open doors to buying solar technology

Published 22 April 2014, 5:03 am

Puerto Rico consumers unable to invest in costly solar energy technology for the home have a new option: leasing. Read More →

Puerto Rico to host ’14 Investment Summit April 24-25

Published 22 April 2014, 5:02 am

The Puerto Rico Investment Summit, a two-day conference held in collaboration with the Department of Economic Development and Commerce of the Commonwealth of Puerto Rico and Paulson & Co., will be held later this week, focusing on Puerto Rico as a business and investment destination. Read More →

Moneyhouse, Mueblerías Berríos to help homebuyers

Published 22 April 2014, 5:01 am

In keeping with their philosophies of pitching in to move Puerto Rico’s economic development forward, mortgage bank Moneyhouse and local furniture chain Mueblerías Berríos announced Monday a partnership to help homebuyers through their transactions. Read More →

USDA offers help to farmers affected by drought, fires

Published 22 April 2014, 5:00 am

The USDA-Farm Service Agency announced Monday that the sign-up period for the Livestock Forage Disaster Program has begun, which provides compensation to eligible livestock producers that have suffered grazing losses due to drought or fire in Puerto Rico. Read More →

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