Category: Business News

What Is The Purpose Of A Victim’s Compensation Fund?

Crimes are unlawful behaviors that are deemed wicked, humiliating, or incorrect by the general public. It’s not easy being a victim of these deeds, too. To help recover losses from criminal events, the government created Victim Compensation Funds (VCF). Each state has different crime compensation programs. In general, it’s a direct payment regarding financial compensation for various offenses. The best example […]

Wendy’s, Google Partner to Enhance Fast Food Chain’s Restaurant Experience

DUBLIN, Ohio Wendy’s®  and Google Cloud today announced a partnership to enhance the Wendy’s restaurant experience and unlock new customer, restaurant, and employee experiences through data-driven insights. Wendy’s intends to leverage Google Cloud’s data analytics, artificial intelligence (AI), machine learning (ML), and hybrid cloud tools to create new ways customers can order food in the […]

U.S. Supreme Court Leaves in Place USVI, Puerto Rico Cockfighting Ban

WASHINGTON — The Supreme Court is leaving in place a federal law that bars cockfighting in the U.S. Virgin Islands and Puerto Rico. The high court on Tuesday turned away a challenge to the law. As is typical, the high court did not explain why it declined to take the case. Congress in 2018 changed […]

Bryan Hails Interior’s Decision To Give $1.1 Million To GVI, WAPA To Buy Electric Cars

CHARLOTTE AMALIE — Applauding the $2.15 million in grants awarded by the Department of Interior’s Office of Insular Affairs (OIA) to the local government and the Virgin Islands Water and Power Authority to advance their efforts towards electrifying their vehicle fleets, Governor Albert Bryan said the funds mark the beginning of the “Government Operations Fleet Efficiency & Electrification […]

Social Security Announces 5.9 Percent Benefit Increase For 2022

Millions of retirees on Social Security will get a 5.9% boost in benefits for 2022 — the biggest cost-of-living adjustment in 39 years. The move follows a bump in inflation as the economy struggles to rebound. Social Security and Supplemental Security Income (SSI) benefits for approximately 70 million Americans will increase next year, the Social […]

Health Department Announces 2 More Deaths From COVID-19 In The Territory

CHRISTIANSTED — The Virgin Islands Department of Health on Monday confirmed two new COVID-19 related deaths, bringing the total number in the territory to 75. One of the two victims was identified as a 59-year-old woman from St. Thomas, while the other was identified as a 37-year-old man on St. Croix, according to the VIDOH. During today’s Government House […]

Ruptured Water Main Leaves Subbase, Downtown Area Without Potable Water

CHARLOTTE AMALIE — A ruptured water main on Monday night disrupted potable water service throughout the Subbase area potentially extending to downtown St. Thomas. The Virgin Islands Water and Power Authority announced the disruption on Monday evening just after 6 p.m. WAPA Water Operations crews depressurized the water system to minimize water loss. “Customers throughout […]

Social Security Administration Supports Small Businesses During COVID-19 Crisis

The COVID-19 pandemic has been testing small businesses. Running a small business can be a 24-7 endeavor. Managing employees, inventory, scheduling, services, and marketing can be challenging even in normal times. If you’re a small business owner, or you work for one, our online suite of services can help make your life easier. Our business […]

Liberty Mobile Moves To Acquire Broadband VI In Territory

SAN JUAN — With its acquisition of AT&T wireless operations in the Virgin Islands and Puerto Rico complete, Liberty Latin America is targeting another local communications company, Broadband VI. Pending regulatory approvals, Liberty Latin America announced this week its agreement to acquire Broadband VI, a fixed wireless internet provider in the Virgin Islands. In the […]

Accelerate VI Gets $50,000 SBA Grant To Establish Tech Entrepreneurship In USVI

FREDERIKSTED — Accelerate VI, the University of the Virgin Islands Research and Technology Park’s tech accelerator program, has been selected as a winner of the U.S. Small Business Administration’s 2021 Growth Accelerator Fund Competition. Accelerate VI, a program designed to help early-stage tech companies grow and scale their business from the U.S. Virgin Islands, was […]