DDEC clears path for 2,000 jobs in 13 municipalities. #NewsismyBusiness
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To commemorate this milestone, News is my Business is introducing a new slogan: “Business news for busy people.” #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
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
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
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
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
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
DDEC grants $1M to UPR-RUM to promote agricultural collabs: The partnership includes a $1 million incentive to the university. #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
FEMA meets for annual Caribbean Readiness Initiative: The preparedness efforts will continue in the coming weeks and months. #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
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
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
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
JetBlue announces Puerto Rico expansion representing $89M for economy: The new routes take off in October. #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
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
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
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
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
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
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
University of Puerto Rico wins US Solar District Cup: Mayagüez campus students triumph over top universities in solar design competition. #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
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
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
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
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