The Division of Cash and Custody of the Federal Reserve of New York reported on the decrease in inventories of coins at the national level as a result of the pandemic COVID-19, detailed the Association of Banks in Puerto Rico. The bank said in a written communication that this decline largely is due to the … Read more
The telecommunications company AT&T will put in place a restructuring plan of 6,000 million dollars, which will lead to dismissal of employees and closure of stores, reported the union of Workers of Communications of America (CWA, for its acronym in English). The union presented a written communication that the company notified them of his plans … Read more
Federal officials said Tuesday they forecast that medical insurance companies cover the vaccine for COVID-19 without charging co-pays, once they are developed and become available. During a briefing with the press, a senior official said that the government of president Donald Trump holds discussions with the insurers on offer vaccines at no cost to the … Read more
Plaza Las Americas and Plaza Del Caribe announced today the extension of the hours of operation and a new visits block of 6 hours through the reservation system SQUARE App as of Tuesday, June 16, pursuant to the new executive order 2020-044. “Starting this Tuesday, the new hours at both malls is 9:00 am to … Read more
Starting this Thursday, the citizens who will receive their payment from Phase 3 of the federal incentive program of the $ 1,200, this being 10 working days after they filled out the application at the Department of the Treasury. The agency’s secretary, Francisco Parés, indicated in a radio interview (Notiuno), that this week they will … Read more
The Federal Department of Labor published its weekly report on unemployment amid the crisis caused by the coronavirus, which indicates that for the week of May 30, 7,139 new claims were received for unemployment in Puerto Rico. From March 16, 2020, when the quarantine began on the Island, until May 16, 2020, the number of … Read more
As authorized by Executive Order 2020-41, RVI Shopping Centers will reopen to the public this Monday, June 1, 2020. The company has a reopening plan with preventive and disinfection measures for its 12 shopping centers in Puerto Rico. She owns shopping centers in the continental United States and Puerto Rico managed by Site Centers Corp. … Read more
The future of post-pandemic retail sector in United Statess looks linked both with firms that sell products online to a large extent and with traditional chain stores in large stores. For now, investors from Wall street are already placing their bets on specialist retailers in the electronic commerce and in stores that have established a … Read more
A measure of the president of the House of Representatives, Carlos Mendez, together with the representatives Victor Parés Otero and Antonio Soto Torres, seeks that, during the emergency caused by COVID-19, the users of the Nutritional Assistance Program (PAN) can use it in restaurants for the purchase of ready-made food. “This measure comes directly to … Read more
The coronavirus has not only affected Hispanics and African Americans in the United States much more in terms of the number of patients, but also in terms of economic repercussions, a survey by The Associated Press and the NORC Center for Public Affairs Research revealed. The study found that 61% of Hispanic Americans have suffered … Read more