Monday, November 29, 2021

All posts by Dennis Costa

  • Reports: Amazon Plans Hundreds of Physical Stores

    SAN JUAN – Seattle-based online shopping giant Amazon is planning to open as many as 400 brick-and-mortar bookstores, The Wall Street Journal has reported. The publication cited Sandeep Mathrani, CEO of General Growth Properties, a real estate...

    • Posted February 2, 2016
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  • Bipartisan Group Submits pro-Tourism Legislation Package

    SAN JUAN – A bipartisan group of legislators—consisting of the minority speaker for the New Progressive Party in the House, Jenniffer González, and Popular Democratic Party Reps. Luis Raúl Torres Cruz and Ángel Matos—presented a package of...

    • Posted February 2, 2016
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  • U.S. House holds Hearing on Fiscal Control Board for Puerto Rico

    SAN JUAN – The U.S. House Indian, Insular & Alaska Native Affairs Subcommittee, chaired by Rep. Don Young (R., Alaska), held a hearing Tuesday on the potential establishment of a federal fiscal control board on Puerto Rico....

    • Posted February 2, 2016
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  • Convention Center District Reveals Plans for Tourism Region

    SAN JUAN – The Puerto Rico Convention Center District, in the Isla Grande sector of San Juan, will reportedly double its hotel room and commercial space offering by the end of 2017 with a development plan comprising...

    • Posted February 1, 2016
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  • Zika Virus to Affect Travel to Puerto Rico, Other Regions

    SAN JUAN – Growing concern over the fast-spreading Zika virus—which has affected Caribbean tourist destinations like Puerto Rico, the U.S. Virgin Islands and Barbados as well as Latin American countries like Mexico, Brazil and Panama—has prompted the...

    • Posted January 31, 2016
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  • Local Startup Accelerator Makes the Rounds to Attract New Companies

    SAN JUAN – Startup accelerator firm Parallel18, based in San Juan, is wrapping up its first round of efforts to attract startups to Puerto Rico, with trips scheduled for New York City, Lima and Bogotá throughout the...

    • Posted January 28, 2016
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  • The Dangers of an Evertec Monopoly

    Analyzing Puerto Rico’s ATM Network In the late afternoon of Jan. 9, during the tail-end of the holiday shopping season and the beginning of back-to-school sales for the new semester, most of Puerto Rico’s debit system stopped...

    • Posted January 28, 2016
  • ESJ Towers Reborn as AZUL after $12M Remodeling

    SAN JUAN – The former ESJ Towers property in the Isla Verde sector of Carolina has reopened its doors as AZUL following a $12 million investment, investors and public officials announced Wednesday. Touted as a vacation ownership/timeshare...

    • Posted January 27, 2016
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  • Evertec: We Are Far from Being a Monopoly

    SAN JUAN – During a Puerto Rico Senate hearing on Tuesday, an executive of Evertec, a transaction processing firm based in San Juan, denied the company has a monopoly on the island’s electronic commercial network. The remarks...

    • Posted January 26, 2016
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  • InterContinental Hotel Shuts Down its Casino

    SAN JUAN – The casino at the Intercontinental San Juan Hotel, in the Isla Verde sector of Carolina, closed down operations Monday, the hotel’s management announced. It is the ninth casino to close in Puerto Rico in the...

    • Posted January 25, 2016
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