Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Virgin Islands Business Journal.

Cardinal Group expands into the US Virgin Islands, and Puerto Rico
Cardinal Healthcare Group representatives have confirmed an expansion of business projects into the US Virgin Islands and Puerto Rico LOS ANGELES, CA, UNITED STATES, June 27, 2025 /EINPresswire.com/ -- Cardinal Healthcare Group, a US based, and...

Attorney General Ford Helps Secure Over $200 Million from Gilead Sciences for Paying Illegal Kickbacks
Nevada Will Receive Approximately $442,381.44 from Multistate Settlement in Principle Carson City, NV – Today, Nevada Attorney General Aaron D. Ford today joined a coalition of 48 other attorneys general in securing $202 million from Gilead...

CBP Officers file federal criminal complaint against aliens found in the US Virgin Islands
ST. THOMAS, Virgin Islands –U.S. Customs and Border Protection officers filed a federal criminal complaint against 5 aliens found illegally present in the territory attempting to board flights departing from the Cyril E. King airport towards the...

Metrc Announces New Track-And-Trace Government Contract with the U.S. Virgin Islands
LAKELAND, Fla., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Metrc, the most trusted and experienced provider of cannabis regulatory technology systems in the U.S., announced a new contract with the Government of the U.S. Virgin Islands (GVI) to support the...

From Beaches to Mountains: Vacation Ownership Club Model Built for Variety
With travelers demanding more choice and flexibility, Clubs that offer diverse resort networks and a points-based ownership model are meeting the moment. MYRTLE BEACH, SC, UNITED STATES, July 13, 2025 /EINPresswire.com/ -- Today’s traveler is...

Teri Helenese Urges Unified Caribbean Strategy to Boost Tourism Amid Global Economic Uncertainty
WASHINGTON, DC, UNITED STATES, May 6, 2025 /EINPresswire.com/ -- Teri Helenese, the U.S. Virgin Islands’ Director of State-Federal Relations and Washington Representative, is calling on Caribbean nations to unite with urgency and purpose to grow...

FEMA Commits Additional $3.2 Billion Toward Utility, Road Paving and Education Projects in the U.S. Virgin Islands
ST. CROIX, U.S. Virgin Islands – The recent obligation of $3.2 billion toward projects to rebuild the potable water distribution system and repave roads across St. Croix and replace the utility’s metering infrastructure in the U.S. Virgin Islands,...

American Airlines Reports First-Quarter 2025 Financial Results
FORT WORTH, Texas, April 24, 2025 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ: AAL) today reported its first-quarter 2025 financial results, including: First-quarter revenue of $12.6 billion First-quarter GAAP net loss of $473...

Federal Home Loan Bank of New York Announces First Quarter 2025 Operating Highlights
NEW YORK, April 24, 2025 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter ended March 31, 2025. “The Federal Home Loan Bank of New York continued to perform...

Onity Group Schedules Conference Call – First Quarter 2025 Results and Business Update
WEST PALM BEACH, Fla., April 23, 2025 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”) today announced that it will hold a conference call on Wednesday, April 30, 2025 at 8:30 a.m. (ET) to review the Company’s first...

IRS provides relief to Ernesto victims throughout the U.S. Virgin Islands; various deadlines postponed to Feb. 3, 2025
IR-2024-226, Aug. 28, 2024 WASHINGTON — The Internal Revenue Service announced today tax relief for individuals and businesses throughout the U.S. Virgin Islands affected by Tropical Storm Ernesto that began on Aug. 13, 2024. These taxpayers now...

FEMA Continues to Support the U.S. Virgin Islands Response to Tropical Storm Ernesto
U.S. VIRGIN ISLANDS – In the aftermath Tropical Storm Ernesto, FEMA and the Virgin Islands Territorial Emergency Management Agency remind Virgin Islands residents and visitors to stay safe, follow the advice of local officials, and be prepared for...

FEMA Urges People in Puerto Rico and the U.S. Virgin Islands to Prepare for Extended Power Outages
WASHINGTON – As Tropical Storm Ernesto heads toward Puerto Rico and the U.S. Virgin Islands, FEMA is encouraging people and travelers in the storm’s path to complete final preparations and be prepared for extended power outages. Tropical Storm...

FEMA Urges People in Puerto Rico and the U.S. Virgin Islands to Prepare Ahead of Tropical Storm Ernesto
WASHINGTON -- In anticipation of Tropical Storm Ernesto headed towards Puerto Rico and the U.S. Virgin Islands, FEMA is encouraging people and travelers in the storm’s path to take steps to prepare today. “We want to remind everyone in our...

Biden-Harris Administration Urges People in Puerto Rico and the U.S. Virgin Islands to Stay Alert to Risks from Tropical Storm Ernesto
WASHINGTON -- Yesterday, President Joseph R. Biden approved an emergency declaration for Puerto Rico. This action authorizes FEMA to provide assistance to save lives and protect property, public health and safety. As Tropical Storm Ernesto...

CBP to host virtual forced labor seminar for Puerto Rico and US Virgin Islands importers
SAN JUAN, Puerto Rico – U.S. Customs and Border Protection’s San Juan Field Office extended today an invitation to importers and the business community to a virtual seminar regarding its enforcement of forced labor authorities. Forced labor...

Federal Home Loan Bank of New York Announces Full-Year and Fourth Quarter 2024 Operating Highlights
NEW YORK, Feb. 20, 2025 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter and year ended December 31, 2024. The FHLBNY’s net income for 2024 was $738.5 million,...

“Dating or Defrauding?” — Washington taking part in national awareness effort warning people of the financial risks associated with online relationship scams
Olympia – The Washington State Department of Financial Institutions (DFI) is pleased to partner with multiple federal, state, and nonprofit agencies throughout the country this month to alert people to the dangers of online relationship scams and...

AMO halts yola attempting to smuggle 170 pounds of cocaine near Desecheo Island, Puerto Rico
AGUADILLA, Puerto Rico — Air and Marine Operations (AMO), an operational component of U.S. Customs and Border Protection, nabbed a yola-type vessel today arresting 2 aliens from the Dominican Republic and seizing 170 pounds (76.6 kilograms) of...

American Airlines Reports Fourth-Quarter and Full-Year 2024 Financial Results
FORT WORTH, Texas, Jan. 23, 2025 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ: AAL) today reported its fourth-quarter and full-year 2024 financial results, including: Record fourth-quarter revenue of $13.7 billion and record full-year...