Top Local News Headlines

These are the top local news stories from News is my Business for Monday, August 3, 2015.

Science Trust, Guayacán, Ga. Tech extend boot camp

Published 3 August 2015, 5:03 am
The Puerto Rico Science, Technology & Research Trust has partnered with Grupo Guayacán, Inc. to extend its joint I-Corps Puerto Rico program — a customer discovery boot camp for entrepreneurs looking to build and develop scalable business models — during fiscal year 2016. Read More →

80% of P.R. Universia pollsters favor entrepreneurship

Published 3 August 2015, 5:02 am
Puerto Rico’s economic crisis, layoffs and company closures appear to have sparked an entrepreneurial spirit among young people, who, according to a recent poll by Universia and, confirmed an interest in starting a business. Read More →

USDA opens cycle for broadband build-out loans

Published 3 August 2015, 5:01 am
The USDA announced the availability of loans to build broadband in rural areas, along with changes to the program required by the 2014 Farm Bill. Read More →

Puma Energy pilots propane gas distribution plan

Published 3 August 2015, 5:00 am
Looking to serve demand by vehicles and fleets making the conversion from gasoline or diesel to propane gas, Puma Energy will launch a pilot program later this month to begin offering propane gas at two of its service stations, company CEO Víctor Domínguez said. Read More →

Puerto Rico’s economic activity drops 0.4% YOY in June

Published 31 July 2015, 5:01 am
Puerto Rico’s economic activity registered a year-over-year decrease of 0.4 percent, and a month-over-month reduction of 0.3 percent, according to the latest index released by the Government Development Bank Thursday. Read More →

Island company to test new tech to detect tuberculosis

Published 31 July 2015, 5:00 am
Puerto Rican company Caribbean Biotechnologies Inc. was recently granted approval by the Ministry of Health of Haiti to conduct clinical studies to test its new technology for the instantaneous detection of Tuberculosis in patients, in partnership with International Child Care's Grace Children's Hospital in Port-Au-Prince, Haiti. Read More →

First BanCorp reports $34.1M loss in 2Q15

Published 30 July 2015, 5:02 am
First BanCorp, the bank holding company for FirstBank Puerto Rico reported Wednesday a net loss of $34.1 million for the second quarter of 2015, or $0.16 per diluted share, compared to net income of $25.6 million, or $0.12 per diluted share, for the first quarter of 2015 and net income of $21.2 million, or $0.11 per diluted share, for the second quarter of 2014. Read More →

Medical device maker Fresenius Kabi to invest $10M

Published 30 July 2015, 5:01 am
To commemorate its 20 years in the city of San Germán, German company Fresenius Kabi will invest about $10 million in technology and automation of its manufacturing operations in three years, Eric James, CEO of parent company Fenwal International Inc., said Wednesday. Read More →

Weekend Wheels: 2015 Nissan Juke, best of 2 worlds

Published 30 July 2015, 5:00 am
Since its launch in 2011, the Nissan Juke has stood out from the crowd with its fiercely sculpted headlights and hood, muscular lines, hidden rear door-handles and fluid rear-hatchback design. Read More →

Latino leaders urge federal gov’t to support Puerto Rico

Published 29 July 2015, 5:01 am
The National Hispanic Leadership Agenda, a coalition of 39 of the U.S. mainland’s largest Latino advocacy organizations, held a press conference Tuesday with Congressional, Puerto Rican, and labor leaders today calling on President Obama and Congress to take action "to save Puerto Rico from economic disaster." Read More →

Puerto Rican company Vibranalysis goes int’l as Vibra

Published 29 July 2015, 5:00 am
VibrAnalysis, a Puerto Rican company that provides reliability engineering and condition-based maintenance services, has renewed its corporate image and logo, rebranding itself as Vibra. Read More →

Aguirre GasPort gets go-ahead from federal regulator

Published 28 July 2015, 5:01 am
The Federal Energy Regulatory Commission has granted the go-ahead to Excelerate Energy to site, construct, and operate the proposed Aguirre Offshore GasPort Project in cooperation with the Puerto Rico Electric Power Authority. Read More →

Triple-S gets perfect score from federal employees

Published 28 July 2015, 5:00 am
For the fifth year in a row, Triple-S received the “PlanSmartChoice Plus” award and was recognized as the island’s only plan to get a perfect score in all categories evaluated. Read More →

Banking exec: Gov’t must act with ‘conviction, urgency’

Published 27 July 2015, 5:01 am
The Puerto Rico central government is facing pressure to “act with more conviction and with more urgency” to address its dwindling liquidity, crushing debt and anxiety building up over the island’s fiscal problems. Read More →

Institute of Statistics takes over initiative

Published 27 July 2015, 5:00 am
The Puerto Rico Institute of Statistics has begun taking over the job of maintaining and developing the government’s technology initiative to open and disclose its data known as Read More →

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