News is My Business – Business news for busy people.
3 days ago · “Ponce’s participation in FITUR [International Tourism Fair] 2025 is an extraordinary opportunity to show the world the value of our city as a unique destination. We will continue to work tirelessly to position Ponce as a tourist and economic benchmark, demonstrating that in our city anything is possible.
MMM Holdings pays $15.2M to settle false claims allegations
Dec 24, 2024 · The company is required to overhaul its marketing and referral practices to comply with federal regulations. MMM Holdings LLC has agreed to pay $15.2 million to resolve allegations that it violated the False Claims Act and the Anti-Kickback Statute, according to an announcement by the U.S. attorney for the District of Puerto Rico and the Department of Health and Human Services Office of ...
Genera PR ensures ‘swift use’ of $459M to enhance island’s power …
Nov 8, 2024 · The Puerto Rico power generation utility reaffirms commitment to ensure the “swift, transparent, and effective use of federal funds.” Genera PR, a subsidiary of New Fortress Energy, reaffirmed its commitment to collaborate with the new government to ensure the efficient use of a $459 million allocation from the Federal Emergency Management Agency (FEMA) to strengthen Puerto Rico’s energy ...
A look ahead: Predictions for Puerto Rico’s technology sector
Dec 24, 2024 · Experts predict innovation in deep tech, service-as-a-software 2.0 and clean energy. Puerto Rico’s technology ecosystem will see more entrepreneurs developing and commercializing intellectual property and innovating in the life sciences, energy and aerospace sectors, as well as more service companies switching to the service-as-a-software (SaaS) model.
A look ahead: Puerto Rico risks losing billions under new …
Dec 26, 2024 · The new Department of Government Efficiency (DOGE), an advisory body created by Trump to implement far-reaching structural reforms, will influence key federal agencies that play a significant role in Puerto Rico, including the Department of Housing and Urban Development (HUD), the Department of Transportation, the Department of Agriculture, and the Federal Emergency Management Agency (FEMA).
bMedia launches bGig platform to promote economic development
Dec 20, 2024 · The platform helps entrepreneurs earn through billboard sales. bMedia has launched its proprietary platform, bGig, aimed at promoting jobs and economic development in Puerto Rico.
Colmena66 invites business community to fill out annual survey
Dec 24, 2024 · The survey will be open until Dec. 31. Colmena66, a program of the Puerto Rico Science, Technology and Research Trust, invites the business community to participate in the seventh edition of its Annual Entrepreneurship Survey.. The 2024 initiative aims to assess the state of Puerto Rico’s business sector to inform the entire ecosystem so that entities and organizations that directly serve ...
Environment of ‘moderate financial fragility’ persists in Puerto Rico
Dec 20, 2024 · For example, consumer loans in the third quarter of 2024 stood at 3.33% compared to 2.98% in the fourth quarter of 2019, credit card loans at 2.51% versus 1.87%, and auto loans at 3.52% versus 3%.
Johnson & Johnson MedTech invests $168M to expand Puerto …
Feb 13, 2024 · “Ethicon’s expansion in Manatí confirms the pharmaceutical industry’s confidence in Puerto Rico. This operation, where surgery, orthopedic, vision and surgical intervention solution products will be manufactured, will be led by a team of Puerto Rican professionals distinguished by their experience, knowledge and capacity in the …
Distrito T-Mobile, bMedia partner to market venue’s 19 LED screens
Dec 23, 2024 · Starting January, bMedia Group will offer customized advertising packages designed to maximize the screens’ visual and strategic impact. “At Distrito T-Mobile, we’re excited to embark on this new phase of screen commercialization in collaboration with the outstanding bMedia Group team,” said Nelia Villanueva, director of sales and Marketing at Distrito T-Mobile.