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News is My Business – Business news for busy people.
5 days ago · “The difference between what was projected and the reality is $1.6 billion to date. In just eight years, the real figure has exceeded $2 billion, an increase of 446.47% over estimates.
‘Reimagined’ Ritz-Carlton in Isla Verde to reopen early next year
Aug 13, 2024 · The property has undergone more than $150 million in upgrades. The Ritz-Carlton, San Juan a sprawling beachfront property in Isla Verde, is expected to reopen in early to mid-2025, after nearly eight years, as a “reimagined” property inside and out following a more than $150 million investment in upgrades.
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).
Claro installs temporary cell tower at San Sebastián Street Festival
Jan 17, 2025 · The Cell On Light Truck will remain active in Old San Juan until Sunday. Claro, the official sponsor of the Fiestas de la Calle San Sebastián 2025, has installed a mobile connectivity unit, known as a Cell On Light Truck (COLT), a temporary cell tower designed to expand the network’s capacity and coverage at high-attendance events.
Esencia, a $2B, 2K-acre planned community proposed for Cabo Rojo
May 24, 2024 · The project is expected to take between seven and 10 years to complete. Developing firms Reuben Brothers and Three Rules Capital unveiled their plans for a $2 billion planned community in Boquerón Bay in the southwestern town of Cabo Rojo, named Esencia.
Fairmont El San Juan Hotel offers ‘premier’ New Year’s Eve …
Dec 23, 2024 · Grand Ballroom performances and unique dining experiences mark the start of 2025 in style. The Fairmont El San Juan Hotel in Isla Verde invites guests to what it describes as an “unparalleled setting for celebrating New Year’s Eve,” providing an unforgettable experience in a venue known for its elegance.
New Fortress Energy facing bankruptcy – News is My Business
Nov 15, 2024 · Author Tom Sanzillo is the director of financial analysis for the Institute for Energy Economics and Financial Analysis (IEEFA.) He has produced influential studies on the oil, gas, petrochemical and coal sectors in the U.S. and internationally, including company and credit analyses, facility development, oil and gas reserves, stock and commodity market analysis, and public and private ...
Solx to open Puerto Rico’s 1st solar panel manufacturing facility
Oct 15, 2024 · The company will help the island reach its renewable energy goals. Great Lakes Solx PR, LLC (Solx), a minority-owned solar panel manufacturing company, has announced plans to establish the first solar panel manufacturing facility in Puerto Rico.
Puerto Rico at a crossroads: Seizing the ‘opportunity of a …
Dec 5, 2024 · The Center for a New Economy urges industrial policy that modernizes the island’s economy through collaboration and innovation. The Center for a New Economy (CNE) believes Puerto Rico is at a pivotal moment in its economic journey, facing a unique opportunity to rebuild and redefine its economy.
Puerto Rico-based LionGrove buys Adero Scottsdale Resort in …
Jan 9, 2025 · Adero Scottsdale Resort becomes the newest addition to LionGrove’s portfolio, joining the Wyndham Grand Río Mar Rainforest Beach & Golf Resort, Wyndham Palmas Beach and Golf Boutique Resort, and Fairmont El San Juan Hotel in Puerto Rico.. The financial terms of the agreement were not disclosed.