Puerto Rico's House clears way for $2.95 bln bond deal


Puerto Rico''s House clears way for $2.95 bln bond deal March 10 (Reuters) - Puerto Ricos House of Representatives approved legislation Tuesday to allow for automatic adjustments to a tax on oil that would help ensure sufficient revenue to pay back a bond deal of as much as $2.95 Puerto Rico needs to sell the bonds to improve its liquidity position outside of financial markets for up to two years while it pushes fiscal and economic reforms.

Central America and Caribbean Economic Outlook Worsens


REAL SECTOR | Growth momentum stays solid in most countries, although Puerto Rico distorts the regional picture Preliminary estimates suggest the economy of Central America and the Caribbean remained largely in good shape at the outset of the year, with growth expected to have reached 2.1%

From Surfing Vacation Dream to $24 Million Business

Inc Startups

By 2008, Pacifica had surpassed $12 million in revenue, but the Taylors found they needed to secure more financing and reposition the Pacifica brand in order to sustain the business. state, the District of Columbia, Puerto Rico, and Guam. Since transforming their business model, Billy Taylor and Brook Harvey-Taylor, founders of eco-conscious fragrance retailer Pacifica, have seen their company experience a five-year run of explosive growth.

Innovation, Change and the Rest of Your Life

Steve Blank

I lived through the time when working in my first job in Ann Arbor Michigan we had to get out a map to find out that San Jose was not only in Puerto Rico but there was a city with that same name in California. A 20 th century VC was likely to have an MBA or finance background. I gave the Alumni Day talk at U.C. Santa Cruz and had a few things to say about innovation. —-.

Can You Afford to Launch?

Inc Startups

I was beating down every door for traditional financing, and then took out equity on my home, maxed out my credit cards, and was borrowing $500 from everyone who said 'hello' to me," says Kunkel, whose first venture was a bakery on South Beach in Miami.

The Complete Guide to SBA Loans

Up and Running

territory including the United States, Puerto Rico, Guam and the U.S. Use the Government’s financing search tool to find out what funding is available for your type of business or look into other ways to secure funding. What is an SBA Loan? The U.S.

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Treasure Hunt: One Entrepreneur's $3 Billion Deep-Sea Quest

Inc Startups

Sub Sea Researchers has about 35 investors financing the recovery of its ewest find, the Port Nicholson, a British steam merchant lying 700 feet underwater 50 miles off the coast of Cape Cod.

Midwest's Secretive & Scrappy Start-up Scene

Inc Startups

Omaha, the 42nd largest city in the United States with about 410,000 people, is often considered the telecommunications capital of the country, and has a solid foothold in the finance industry, with major Fortune 500 companies such as Berkshire Hathaway, Mutual of Omaha, and TD Ameritrade.

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MONI Opens Smart Payments Pilot To Help the Refugees


Antti had been traveling to Switzerland and Puerto Rico and instead of flying back home to Finland, he decided to fly to San Francisco and reached out to his network to get some intros to the local angels and VCs.

Recruiting a “dream team” to help with your business and life

Jessica Mah

I recruited incredibly smart techies to help manage all of the issues related to my dedicated server clients while I enjoyed time on the beaches of Puerto Rico. My parents employ multiple people fulltime to manage our family’s finances, home, appointments, travel, etc… In fact, I’m the only person in my family who hasn’t yet taken advantage of the ideas that I’m proposing to you as I write this.

5 Critical Tips to Reduce Your Business Taxes This Year [WEBINAR]

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But basically, your personal finances and business finances are little more intermixed when it’s pass-through entity. ” Or, “Hey, the Church of Puerto Rico or wherever you want to go—is that a legitimate business expense?