‘No market’ for $3B AFI bond deal; focus on ‘smaller’ deal

A long-awaited bond deal to raise $2.95 billion through the Puerto Rico Infrastr ...

Gov’t says Ad Hoc Group report does not address 'shared responsibility'

A report commissioned by a group of Puerto Rico creditors, the Ad Hoc Group, not ...

FERC authorizes Excelerate Energy Aguirre offshore gasport

The Federal Energy Regulatory Commission (FERC) has granted Texas-based regasifi ...

SBA loan approvals resume after Congress lifts lending limit
Issued: July 28, 2015
NEW YORK — Small businesses are again able to get loans backed by the feder ...

U.S. Rep. Gutiérrez floor speech: Puerto Rico must come up with plan, make Congress act
Issued: July 28, 2015
Rep. Luis V. Gutierrez (D-IL) spoke on the U.S. House floor Tuesday about P ...

Fiscal Times: How hedge funds are profiting from Puerto Rico’s pain
Issued: July 28, 2015
Puerto Rico is in the throes of a fiscal crisis and the U.S. Congress appea ...

Governor appoints new public affairs secretary
Issued: July 28, 2015
La Fortaleza Chief of Staff Víctor Suárez announced Tuesday that Gov. Aleja ...

Microsoft's free Windows 10 giveaway: What that means
Issued: July 28, 2015
Microsoft's new Windows 10 operating system debuts Wednesday, as the longtime leader in PC software struggles to carve out a new role in ...

Liberty Global schedules investor call for 2Q results
Issued: July 28, 2015
Liberty Global announced Tuesday plans to release its second quarter (2Q) 2015 results on Aug. 4.

Popular honored for social responsibility
Issued: July 28, 2015
Popular Inc. has been was awarded for a second consecutive year a Corporate Social Responsibility Leadership Award from the Financial Servic ...

Avianca chief executive to step down
Issued: July 27, 2015
Avianca Holdings' chief executive officer, Fabio Villegas, has announced he is stepping down.

Prasa extends water-rationing 14 more hours in Río Grande, Luquillo and Loíza
Issued: July 27, 2015
The decreasing flow of rivers supplying the El Yunque water filtration plant has prompted the Puerto Rico Aqueduct and Sewer Authority (Pras ...

Worldwide strengthening El Niño giveth and taketh away
Issued: July 27, 2015
In Puerto Rico, a three-month outlook is for continued warmer and drier-than-normal weather, potentially exacerbating an already historic dr ...

Software turns smartphones into tools for medical research
Issued: July 27, 2015
Jody Kearns doesn't like to spend time obsessing about her Parkinson's disease. The 56-year-old dietitian from Syracuse, New York, h ...

Cuba taken off US human trafficking blacklist
Issued: July 27, 2015
WASHINGTON — The State Department has taken Cuba off its blacklist of countries failing to combat modern-day slavery, leaving the U.S. open ...

Report highlights Puerto Rico tax changes
Issued: July 27, 2015
According to the yearly sales tax rate study issued Monday by Pennsylvania-based Vertex Inc., which provides corporate tax products and serv ...

Bank of America announces $125B environmental business initiative
Issued: July 27, 2015
Bank of America has pledged to increase the company’s current environmental business initiative from $50 billion to $125 billion in low-carb ...

more Local news
Trump dominates nightly news on election, study shows
Issued: July 28, 2015
NEW YORK — Since the beginning of June, Donald Trump has received more coverage on the broadcast network evening newscasts than all of the o ...

US indexes advance on strong earnings; China stabilizes
Issued: July 28, 2015
NEW YORK — Global stock markets steadied and U.S. markets advanced Tuesday, as investors were encouraged by strong results from UPS, Ford an ...

Court orders EPA to redo air-pollution limits in 13 states
Issued: July 28, 2015
WASHINGTON — A federal appeals court on Tuesday ordered the Environmental Protection Agency to relax some limits it set on smokestack emissi ...

NTSB: Company should have prepared for human error
Issued: July 28, 2015
WASHINGTON — The National Transportation Safety Board concluded Tuesday that the developer of a commercial spacecraft that broke apart over ...

GOP on guard as Trump continues to dangle 3rd party prospect
Issued: July 28, 2015
WASHINGTON — Donald Trump is running for president as a Republican, and he says that won't change — so long as he's "treated fa ...

Key allegations in motions by Sen. Menendez and friend
Issued: July 28, 2015
U.S. Sen. Bob Menendez and co-defendant Salomon Melgen want a judge to dismiss the 22- count against them unsealed in April. The government ...

US consumer confidence falls to lowest level since September
Issued: July 28, 2015
WASHINGTON — U.S. consumer confidence fell this month to the lowest level since September. Consumers are worried about the job market and ra ...

Menendez case shaping up to be aggressive, tense court fight
Issued: July 28, 2015
WASHINGTON — The corruption indictment against Sen. Bob Menendez of New Jersey is only a few months old. But early court filings pull back t ...

Merck tops Street 2Q forecasts despite lower sales, profit
Issued: July 28, 2015
Merck & Co.'s second-quarter profit plunged by two-thirds, hammered by the sale of its consumer business, unfavorable currency excha ...

Drugmaker Pfizer tops Street 2Q forecasts, raises forecast
Issued: July 28, 2015
Pfizer beat Wall Street expectations for the second quarter and raised its 2015 forecast, as sales of several products helped inoculate the ...

US home prices rose 4.9% in May, lifted by strong sales
Issued: July 28, 2015
WASHINGTON — U.S. home prices rose steadily in May, pushed higher by a healthy increase in sales this year.

UPS 2Q profit beats Street as overseas business improves
Issued: July 28, 2015
ATLANTA — Overseas business helped UPS during its second quarter, as did the absence of a hefty charge recorded a year ago.

Ford surprises in 2Q with record North American profit
Issued: July 28, 2015
DEARBORN, Michigan — Ford Motor Co.'s net income jumped 44 percent to $1.9 billion in the second quarter as global sales rose and the co ...

5 things to know about the fight over the Export-Import Bank
Issued: July 28, 2015
WASHINGTON — The federal Export-Import Bank expired June 30 when Congress failed to renew its charter. The bank is a small federal agency th ...

more National news
S&P revises Brazil's outlook to negative
Issued: July 28, 2015
SAO PAULO — Standard & Poor's Ratings Services said on Tuesday it has revised the outlook for Brazil's foreign-currency debt fro ...

2,100 migrants try to storm Eurotunnel site in French port
Issued: July 28, 2015
PARIS — About 2,100 migrants tried to storm the area surrounding the Eurotunnel early Tuesday before being repelled by police, an official i ...

NATO proclaims 'strong solidarity' with Turkey against IS
Issued: July 28, 2015
BRUSSELS — NATO proclaimed its "strong solidarity" with Turkey following a rare emergency meeting Tuesday in which members also ur ...

Volkswagen sold more vehicles than Toyota in first half
Issued: July 28, 2015
TOKYO — Volkswagen overtook Toyota in global vehicle sales for January-June, the first time the German automaker has come out top in the int ...

Malaysian PM axes deputy, attorney general amid fund scandal
Issued: July 28, 2015
KUALA LUMPUR, Malaysia — Malaysian Prime Minister Najib Razak, stung by allegations that he received some $700 million in government money, ...

Greece advances in loan talks, under fire for euro exit plan
Issued: July 28, 2015
ATHENS, Greece — Greece pushed ahead with talks on a new rescue loan Tuesday, but its government came under increasing pressure over claims ...

Scientists worry about arms race in artificial intelligence
Issued: July 28, 2015
LONDON — Scientists and tech experts - including Prof. Stephen Hawking and Apple co-founder Steve Wozniak - warned Tuesday of a global arms ...

Q&A: What stock market tumble means for China, rest of world
Issued: July 28, 2015
BEIJING — China's stock market tumbled this week despite a massive government intervention aimed at halting a slide in prices that began ...

China stocks fall for second day, Europe rises
Issued: July 28, 2015
BEIJING — Chinese stocks fell further Tuesday after suffering their biggest drop in eight years the previous day while most other Asian mark ...

Greece readies for bailout talks as Plan B details revealed
Issued: July 27, 2015
ATHENS, Greece — Greece's government on Monday launched complex bailout negotiations with creditors, but faced rebuke following revelati ...

World Trade Organization approves Kazakhstan's membership
Issued: July 27, 2015
BERLIN — Kazakhstan is set to become the 162nd member of the World Trade Organization after the Geneva-based body formally approved the coun ...

Obama urges Ethiopia to curb crackdowns on media, opposition
Issued: July 27, 2015
ADDIS ABABA, Ethiopia — President Barack Obama urged Ethiopia's leaders Monday to curb crackdowns on press freedom and political opennes ...

US, Turkey aim for IS-free zone in northern Syria
Issued: July 27, 2015
BEIRUT -- The United States and Turkey are finalizing plans for a military campaign to push the Islamic State group out of a strip of Syrian ...

Shanghai share index suffers biggest daily drop since 2007
Issued: July 27, 2015
SEOUL, South Korea -- The Shanghai share index fell the most since early 2007 on Monday as Chinese stocks suffered a renewed sell-off despit ...

more International news