Top Local News Headlines
These are the top local news stories from News is my Business for Sunday, August 25, 2019.
Intercontinental San Juan hotel undergoing multi-million, top-to-bottom renovation
Published 23 August 2019, 5:08 am
The first group of guest rooms, which will be available three floors at a time, should be available for booking by the end of September or early October.
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Monarch Alternative Capital, Taconic Capital buy warehouse portfolio in SJ
Published 23 August 2019, 5:07 am
The transaction and subsequent expenditures will aggregate to nearly $200 million of gross asset value.
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Digital transformation requires businesses to keep up with innovation
Published 23 August 2019, 5:05 am
The digital transformation and the impact on the customer experience in the new era of innovation is the central theme of the Digital Experience Tour 2019, presented by Ricoh Latin America.
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Discover Puerto Rico on track for ‘record-breaking’ year
Published 23 August 2019, 5:04 am
For the remainder of the year, Discover Puerto Rico will have a presence in approximately 30 events, conferences and conventions.
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CBP transforming USVI trade through technology
Published 23 August 2019, 5:02 am
Among other topics discussed were the Area Port’s efforts to combat the importation of counterfeit prescription and other counterfeit merchandise.
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AbbVie, Direct Relief join to provide backpacks with medical supplies
Published 23 August 2019, 5:01 am
First-aid backpacks were funded through AbbVie's donation to Direct Relief to strengthen the health services system, following Hurricane María.
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Ranger American’s SAfeTM LLC subsidiary acquires Sky Processing’s assets
Published 23 August 2019, 5:00 am
The financial terms of the agreement and other details were not disclosed.
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FCC proposes fines against 3 co.’s that interfered with FAA weather radar in P.R.
Published 22 August 2019, 4:19 pm
The Enforcement Bureau proposed three separate $25,000 fines against wireless internet service providers Boom Solutions, Integra Wireless, and WinPR.
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American Airlines to increase frequency in San Juan/Dallas route
Published 22 August 2019, 3:32 pm
The new flight will operate at night on an Airbus 321 aircraft with 187 seats, so the capacity of seats available from Dallas will be doubled.
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P.R’s banking regulator sees ‘no major obstacle’ to Oriental-Scotiabank merger
Published 22 August 2019, 5:06 am
Joyner said there is room for the arrival of community banking operations to meet the needs of specific segments of the population.
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Freedom of the Seas to undergo $116M remodel, debuting March ’20 from SJ
Published 22 August 2019, 5:05 am
The Freedom of the Seas has no scheduled sailings starting Jan. 19, 2020 through the completion of the project, the company confirmed.
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Gov’t unveils list of allowed commercial activities for P.R.’s Opportunity Zones
Published 22 August 2019, 5:04 am
The list will be in effect for at least a year after publication.
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USDA investing $9.3M in 9 renewable energy projects
Published 22 August 2019, 5:03 am
USDA will make additional funding announcements in REAP program in coming weeks.
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Op-Ed: Island residents face decades of unaffordable rate hikes and fees
Published 22 August 2019, 5:02 am
The Puerto Rican legislature will soon consider a debt restructuring deal for Puerto Rico’s Electric Power Authority (PREPA) that is unaffordable and risks jeopardizing the island’s economic recovery, according to a report released today by the Institute for Energy Economics and Financial Analysis (IEEFA). The report, “Puerto Rico Electric Power Authority debt restructuring: A weak...
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HCOA marks 22nd anniversary, bets on tech, exclusivity for members
Published 22 August 2019, 5:01 am
In January 2019, HCOA Fitness opened its 14th establishment, featuring more than 20,000 square feet, an investment of $2.5 million and the creation of 40 direct jobs.
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