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DDEC clears path for 2,000 jobs in 13 municipalities. #NewsismyBusiness

READ STORY HERE: tinyurl.com/2s42pej2

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Your weekly Puerto Rico business news fix. No fluff. Just facts.

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News is my Business marks 15th anniversary with new slogan, content To commemorate this milestone, News is my Business is introducing a new slogan: “Business news for busy people.” #NewsismyBusiness

To commemorate this milestone, News is my Business is introducing a new slogan: “Business news for busy people.” #NewsismyBusiness

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Metropistas, truckers union reach pact to improve tow truck service on highways The union committed to having tow truck drivers available 24/7 to handle accidents or other emergencies requiring a tow truck. #NewsismyBusiness

Metropistas, truckers union reach pact to improve tow truck service on highways: The union committed to having tow truck drivers available 24/7 to handle accidents or other emergencies requiring a tow truck. #NewsismyBusiness

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FEMA allocates $22.6M to restore water infrastructure in Puerto Rico The funds support PRASA projects to repair Hurricane Maria damage and improve water supply. #NewsismyBusiness

FEMA allocates $22.6M to restore water infrastructure in Puerto Rico: The funds support PRASA projects to repair Hurricane Maria damage and improve water supply. #NewsismyBusiness

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Insight: AI for price optimization — the ultimate business tool This sophisticated approach is revolutionizing the way companies set prices, enabling them to maximize profits while maintaining customer satisfaction. #NewsismyBusiness

Insight: AI for price optimization — the ultimate business tool: This sophisticated approach is revolutionizing the way companies set prices, enabling them to maximize profits while maintaining customer satisfaction. #NewsismyBusiness

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Management Group Investors sues DomRep’s airport operator for $8M The lawsuit was filed in the U.S. District Court for the District of Puerto Rico. #NewsismyBusiness

Management Group Investors sues DomRep’s airport operator for $8M: The lawsuit was filed in the U.S. District Court for the District of Puerto Rico. #NewsismyBusiness

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Puerto Rico tackles AI-disrupted job market Research shows that the AI disruption in labor markets will be substantial, affecting most companies, industries, and workers. #NewsismyBusiness

Puerto Rico tackles AI-disrupted job market: Research shows that the AI disruption in labor markets will be substantial, affecting most companies, industries, and workers. #NewsismyBusiness

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Friends of Puerto Rico receives $190K grant from Merck The grant will be used to develop the Dile a tu amigo-Puerto Rico program, which aims to advance access to health with a focus on youth and women. #NewsismyBusiness

Friends of Puerto Rico receives $190K grant from Merck: The grant will be used to develop the Dile a tu amigo-Puerto Rico program, which aims to advance access to health with a focus on youth and women. #NewsismyBusiness

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DDEC grants $1M to UPR-RUM to promote agricultural collabs The partnership includes a $1 million incentive to the university. #NewsismyBusiness

DDEC grants $1M to UPR-RUM to promote agricultural collabs: The partnership includes a $1 million incentive to the university. #NewsismyBusiness

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Data Research Corp. sues Universal Service Administrative Co. for $105M The heart of the dispute traces back to services DRC provided in FY 2001 under the E-Rate program. #NewsismyBusiness

Data Research Corp. sues Universal Service Administrative Co. for $105M: The heart of the dispute traces back to services DRC provided in FY 2001 under the E-Rate program. #NewsismyBusiness

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FEMA meets for annual Caribbean Readiness Initiative The preparedness efforts will continue in the coming weeks and months. #NewsismyBusiness

FEMA meets for annual Caribbean Readiness Initiative: The preparedness efforts will continue in the coming weeks and months. #NewsismyBusiness

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Puerto Rican Summit 2024 in Orlando to drive collaboration The annual event seeks to unite Florida and Puerto Rico businesses to foster economic growth. #NewsismyBusiness

Puerto Rican Summit 2024 in Orlando to drive collaboration: The annual event seeks to unite Florida and Puerto Rico businesses to foster economic growth. #NewsismyBusiness

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Citi partners with Wheelchair Basketball Federation of Puerto Rico The bank will sponsor projects that enable physical education among individuals with disabilities and further promote a culture of inclusivity. #NewsismyBusiness

Citi partners with Wheelchair Basketball Federation of Puerto Rico: The bank will sponsor projects that enable physical education among individuals with disabilities and further promote a culture of inclusivity. #NewsismyBusiness

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GUIA reports 5.8% drop in Puerto Rico vehicle sales for April Despite the downturn in sedan sales, growth was seen in the minivan and van segments. #Newsismybusiness

GUIA reports 5.8% drop in Puerto Rico vehicle sales for April: Despite the downturn in sedan sales, growth was seen in the minivan and van segments. #Newsismybusiness

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Liberty Puerto Rico reports 10% revenue drop Y-O-Y to $327.2M Subscription revenue was also lower year-over-year, driven primarily by a drop of 61,000 pre- and post-paid mobile customers. #NewsismyBusiness

Liberty Puerto Rico reports 10% revenue drop Y-O-Y to $327.2M: Subscription revenue was also lower year-over-year, driven primarily by a drop of 61,000 pre- and post-paid mobile customers. #NewsismyBusiness

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JetBlue announces Puerto Rico expansion representing $89M for economy The new routes take off in October. #NewsismyBusiness

JetBlue announces Puerto Rico expansion representing $89M for economy: The new routes take off in October. #NewsismyBusiness

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Airbnb guests want outdoor spaces when visiting Puerto Rico Airbnb revealed travel trends for the coming months, globally, as well as hot destinations for travelers in Puerto Rico. #NewsismyBusiness

Airbnb guests want outdoor spaces when visiting Puerto Rico: Airbnb revealed travel trends for the coming months, globally, as well as hot destinations for travelers in Puerto Rico. #NewsismyBusiness

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IKEA opens $37M distribution warehouse in Bayamón The warehouse is designed to offer several services to make the IKEA shopping experience easier, the retailer said. #NewsismyBusiness

IKEA opens $37M distribution warehouse in Bayamón: The warehouse is designed to offer several services to make the IKEA shopping experience easier, the retailer said. #NewsismyBusiness

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U.S. Court of Appeals also sides with Ritz-Carlton in worker lawsuit The former staff had claimed they were wrongfully terminated after the hotel’s operations were halted due to significant damage from Hurricanes Irma and María. #NewsismyBusiness

U.S. Court of Appeals also sides with Ritz-Carlton in worker lawsuit: The former staff had claimed they were wrongfully terminated after the hotel’s operations were halted due to significant damage from Hurricanes Irma and María. #NewsismyBusiness

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MCS, MCS Foundation get top award from Salvation Army Puerto Rico The MCS Foundation has extended its financial support to the Salvation Army Puerto Rico and USVI Division, with more than $200,000 in donations over the last five years. #NewsismyBusiness

MCS, MCS Foundation get top award from Salvation Army Puerto Rico: The MCS Foundation has extended its financial support to the Salvation Army Puerto Rico and USVI Division, with more than $200,000 in donations over the last five years. #NewsismyBusiness

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COSSEC meets with Federal Home Loan Bank in New York officials The meeting comes after a new regulatory interpretation of the Federal Housing Financing Agency (FHFA) came into force last month. #NewsismyBusiness

COSSEC meets with Federal Home Loan Bank in New York officials: The meeting comes after a new regulatory interpretation of the Federal Housing Financing Agency (FHFA) came into force last month. #NewsismyBusiness

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Puerto Rico Public Housing Admin. gets $178M HUD allocation Housing authorities can use this funding for the development, financing, modernization, and management improvements of public housing complexes. #NewsismyBusiness

Puerto Rico Public Housing Admin. gets $178M HUD allocation: Housing authorities can use this funding for the development, financing, modernization, and management improvements of public housing complexes. #NewsismyBusiness

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Passenger traffic at Puerto Rico’s primary airport jumped 9.4% in April Luis Muñoz Marín Airport saw significant increases in both domestic and international passengers. #NewsismyBusiness

Passenger traffic at Puerto Rico’s primary airport jumped 9.4% in April: Luis Muñoz Marín Airport saw significant increases in both domestic and international passengers. #NewsismyBusiness

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University of Puerto Rico wins US Solar District Cup Mayagüez campus students triumph over top universities in solar design competition. #NewsismyBusiness

University of Puerto Rico wins US Solar District Cup: Mayagüez campus students triumph over top universities in solar design competition. #NewsismyBusiness

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Insight: Accounting, a compass for small business success The right accounting setup is indispensable for small businesses as it provides the financial information and insights necessary for managing operations effectively. #NewsismyBusiness

Insight: Accounting, a compass for small business success: The right accounting setup is indispensable for small businesses as it provides the financial information and insights necessary for managing operations effectively. #NewsismyBusiness

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Challenge to Innovate relaunches entrepreneurial initiative focused on clean energy Challenge to Innovate: Project Switch is an entrepreneurial initiative focused on clean energy in Puerto Rico and the Caribbean. #NewsismyBusiness

Challenge to Innovate relaunches entrepreneurial initiative focused on clean energy: Project Switch is an entrepreneurial initiative focused on clean energy in Puerto Rico and the Caribbean. #NewsismyBusiness

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Chef Treviño to open new eatery in Old San Juan inspired by former hotspot Dragon by Treviño, a Latin fusion restaurant inspired by the once iconic Dragonfly on La Fortaleza Street, will open in December. #NewsismyBusiness

Chef Treviño to open new eatery in Old San Juan inspired by former hotspot: Dragon by Treviño, a Latin fusion restaurant inspired by the once iconic Dragonfly on La Fortaleza Street, will open in December. #NewsismyBusiness

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Puerto Rico Wire celebrates 69 years in the construction industry Now under third-generation leadership, it continues to expand stateside and in the Caribbean. #NewsismyBusiness

Puerto Rico Wire celebrates 69 years in the construction industry: Now under third-generation leadership, it continues to expand stateside and in the Caribbean. #NewsismyBusiness

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Popular to spin off Echar Pa’Lante program into new nonprofit Gloria Viscasillas, who worked at Banco Popular and served as integrative leader of the Echar Pa’Lante initiatives, will direct the new entity. #NewsismyBusiness

Popular to spin off Echar Pa’Lante program into new nonprofit: Gloria Viscasillas, who worked at Banco Popular and served as integrative leader of the Echar Pa’Lante initiatives, will direct the new entity. #NewsismyBusiness

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