All posts tagged "Business"

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  Time to Rebound From Puerto Rico’s Lost Decade

  This edition’s Front-Page cover story marks the first installment in a series that outlines the unrelenting decline of Puerto Rico’s economy, which commenced in 2006 and has yet to subside. The death knell was actually struck in...

  • Posted February 18, 2016
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  Job Losses Increase in Puerto Rico During 2nd Quarter of 2015

  In the second quarter of 2015, the number of jobs lost in Puerto Rico due to the closing or contraction of companies was about 46,166, the highest in at least four years, according to the report recently...

  • Posted February 8, 2016
• Puerto Ricans in Florida Untapped Business Opportunity for Local Entrepreneurs

  The influx of Puerto Rican migrants to Florida could have a silver lining for businessowners and entrepreneurs on the island, according to Frank Nieves, president of the Puerto Rico Hispanic Chamber of Commerce (PRHCC) in Broward County,...

  • Posted February 8, 2016
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  Carrión: Uncertainty Behind Volatility in Puerto Rico Bank Stocks

  B2B Tax to Cost Popular $20M to $25M in 2016 After reporting last week an adjusted net income of $98 million for the fourth quarter (4Q) and a net income of $895 million for full-year 2015, Richard...

  • Posted February 6, 2016
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  Evertec Hearings Place Focus on Electronic Processing Fees

  Business Groups Call for More Oversight A Puerto Rico legislative probe into Evertec, an electronic transaction-processing firm, has centered around allegations that the San Juan-based company represents a monopoly in the island’s transactions, and affects local small...

  • Posted February 5, 2016
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  Financial Awareness Video Contest Winners Recognized

  Initiative Has Become Popular Among Puerto Rico’s College Students The Puerto Rico Bankers Association (PRBA) and Federal Reserve Bank of New York (FRB-N.Y.) have announced this year’s winners of the Financial Awareness Video Contest, now in its...

  • Posted February 1, 2016