Boston court rules Puerto Rico Recovery Act unconstitutional

The U.S. Court of Appeals for the First Circuit has ruled the Puerto Rico Public ...

La Fortaleza expects to complete $400M TRANs financing in early August

The Puerto Rico government is seeking to finalize this month the $400 million fi ...

Gov’t task force on fiscal crisis begins meetings

A government task force charged with such duties as drawing up a five-year fisca ...

With Cuba’s opening to the U.S., Caribbean tourism industry uniting to face challenges ahead

In the past week, the U.S. and Cuba announced they would reopen embassies in eac ...

Carnival aims to launch Miami to Cuba cruises in May
Issued: July 7, 2015
The world's largest cruise company could be heading to Havana.

Government sectors present results of economic development plan
Issued: July 7, 2015
The results of several initiatives to boost economic development were prese ...

DACO fines fast-food restaurants
Issued: July 6, 2015
Burger King, Church's Chicken, McDonald's, Kentucky Fried Chicken, ...

Puerto Rico chosen as venue for Latin American trade event
Issued: July 6, 2015
The Latin American Business Council (CEAL by its Spanish acronym) is slated ...

Kroll Bond Rating Agency comments on insurers’ exposure to Puerto Rico
Issued: July 6, 2015
Kroll Bond Rating Agency (KBRA) noted Monday that two of the bond insurers it rates have been the focus of heightened market interest over t ...

Chief of Staff Suárez distances Puerto Rico from comparisons with Greece
Issued: July 6, 2015
La Fortaleza Chief of Staff Víctor Suárez made expressions Monday in an effort to distance Puerto Rico from the situation in Greece amid com ...

García Padilla says Puerto Rico has to change work ethic
Issued: July 6, 2015
Gov. Alejandro García Padilla said Monday that "the fact that receiving welfare [in Puerto Rico] is better than working must be put to ...

S&P affirms Assured Guaranty’s ‘AA’ rating despite Puerto Rico exposure
Issued: July 6, 2015
Standard & Poor’s Ratings Services (S&P) has affirmed its AA Stable Outlook financial strength ratings of Bermuda-based insurer Assu ...

USDA seeks applications for loans, grants to create jobs, support rural economic development
Issued: July 6, 2015
Agriculture Secretary Tom Vilsack announced Monday that the U.S. Department of Agriculture (USDA) is accepting applications for loans and gr ...

Don't twist that Oreo: Cookie gets skinny, 'sophisticated'
Issued: July 6, 2015
Oreos are getting a skinny new look, and its maker says the new cookie is a "sophisticated" snack for grown-ups that isn't mea ...

Who will make us laugh during upcoming presidential campaign
Issued: July 6, 2015
NEW YORK — A presidential campaign is beginning without late-night television hosts who helped us laugh through past ones, both a cultural l ...

Mayor Molina imposes austerity measures to reduce Arecibo deficit
Issued: July 6, 2015
Arecibo Mayor Carlos Molina has implemented measures to reduce the municipality's deficit from $11.2 million to $8 million with the aim ...

JetBlue becomes 1st major airline to operate New York-Havana route since restrictions eased
Issued: July 6, 2015
JetBlue operated its first weekly charter flights between New York's John F. Kennedy International Airport (JFK) and Havana's José M ...

Bill exempting resident associations from 4% tax signed into law
Issued: July 5, 2015
A House bill that calls for exempting condominiums, cooperatives and resident associations from the 4% professional services tax set to kick ...

more Local news
US trade deficit widens in May as exports struggle
Issued: July 7, 2015
WASHINGTON — The U.S. trade deficit widened slightly in May, reflecting declines in sales of American-made aircraft and machinery as exports ...

Clinton to sit with CNN for first national interview
Issued: July 7, 2015
WASHINGTON — Hillary Rodham Clinton plans to give CNN her first one-on-one national television interview since launching her 2016 presidenti ...

The Rubio economy: 'The old ways no longer work'
Issued: July 7, 2015
CHICAGO — With an eye on the future, Florida Sen. Marco Rubio is laying out his plans for an "innovative economy" and "revolu ...

Crude oil tumbles 8%, points to low gas prices this fall
Issued: July 6, 2015
NEW YORK — A slew of global economic and geopolitical factors are working to pummel the price of oil and set up U.S. drivers for very low ga ...

US stocks slip amid global sell-off after Greek 'no' vote
Issued: July 6, 2015
NEW YORK — Stocks in the U.S. fell broadly following drops in overseas markets as Greeks voted to reject creditor conditions for more loans, ...

Starbucks: Prices for some drinks to go up by 5 to 20 cents
Issued: July 6, 2015
NEW YORK — Starbucks is raising prices again starting Tuesday, with the increases ranging from 5 to 20 cents for most affected drinks, the c ...

Clinton to sit with CNN for first national interview
Issued: July 6, 2015
WASHINGTON — Hillary Rodham Clinton plans to give CNN her first one-on-one national television interview since launching her 2016 presidenti ...

Q&A: As Obama health law survives, GOP split over next move
Issued: July 6, 2015
WASHINGTON — Having lost their latest war against President Barack Obama's health care overhaul, Republicans must decide how to wage bat ...

Buffett makes planned stock gifts worth $2.8B to 5 charities
Issued: July 6, 2015
OMAHA, Neb. — Investor Warren Buffett has given more than $2.8 billion worth of Berkshire Hathaway stock to five charities as part of his pl ...

Atlantic City betting big on non-gambling attractions
Issued: July 6, 2015
ATLANTIC CITY, N.J. — Atlantic City's efforts to recapture some of the tourism dollars it has lost to casino competition in recent years ...

Growth in US services firms rises in June
Issued: July 6, 2015
WASHINGTON — U.S. service firms grew at a slightly faster pace in June, as business activity and new orders increased.

Owner of 'Tetris' rights takes Hawaii home, ranch off grid
Issued: July 6, 2015
HONOLULU — High above the bustling city of Honolulu, in a quiet, exclusive hillside neighborhood where some of the island's wealthiest r ...

Las Vegas completing last straw to draw Lake Mead water
Issued: July 6, 2015
LAS VEGAS — It took $817 million, two starts, more than six years and one worker's life to drill a so-called "Third Straw" to ...

Standoff over social media passwords breaks new legal ground
Issued: July 6, 2015
HOUSTON — A Texas man used social media to promote his gun store, posting politically charged messages that criticized the president and pro ...

more National news
Global markets slide as investors watch Greece talks
Issued: July 7, 2015
BEIJING — Global stocks mostly fell on Tuesday as Greece's spiraling crisis kept investors on edge and as Chinese markets dropped despit ...

Greece races to restart talks with skeptical creditors
Issued: July 7, 2015
BRUSSELS — With his country struggling to stave off financial collapse, Greek Prime Minister Alexis Tsipras will try to convince European cr ...

Samsung forecasts profit fall as S6 sales disappoint
Issued: July 7, 2015
SEOUL, South Korea — Samsung Electronics Co. forecast a fall in second quarter profit in a sign that sales of its much anticipated Galaxy S6 ...

Greek Speak: A guide to the country's debt crisis lexicon
Issued: July 7, 2015
NEW YORK — Greece's debt crisis has spawned its own awkward argot. For those in the know, clunky terms like "Grexit" are short ...

2 Americans, 1 Briton gored in 1st Pamplona bull run
Issued: July 7, 2015
PAMPLONA, Spain — Two Americans and a Briton were gored and eight others injured Tuesday as thousands of daredevils dashed alongside fightin ...

Pope has packed final Ecuador day but holding up well
Issued: July 7, 2015
QUITO, Ecuador — Pope Francis has a whirlwind final full day in Ecuador on Tuesday, with an open-air Mass in the capital sandwiched between ...

6 bank employees fired for staging mock IS slaying video
Issued: July 7, 2015
LONDON — HSBC has fired six employees who staged a mock Islamic State group-style killing during a team-building exercise.

Diplomatic process, US resolve tested as nuke deadline nears
Issued: July 7, 2015
VIENNA — Iran nuclear talks were in danger of busting through their second deadline in a week Tuesday, raising questions about the ability o ...

Morning after: Greeks united, proud of their defiance
Issued: July 6, 2015
ATHENS, Greece — Nicky Zachary closed her family's shoe store just a few hours after opening it Monday after the few customers who had s ...

Chinese small investors look for way out of stocks
Issued: July 6, 2015
BEIJING — Shares in big state companies soared Monday after promises of government action to halt a slide in Chinese stock prices but many o ...

What's next, as Greece stumbles toward euro exit
Issued: July 6, 2015
FRANKFURT, Germany — Greece is at the last chance saloon, thirsty and out of credit. Next stop could be the badlands of euro exit.

Iran pushes for end to arms embargo in nuke deal
Issued: July 6, 2015
VIENNA — A day before the new deadline for a nuclear accord, Iran pushed Monday to lift the U.N. arms embargo on the country as a parallel d ...

Heritage title for Japan industry sites draws mixed reaction
Issued: July 6, 2015
TOKYO — Japanese officials Monday celebrated the U.N. cultural body's approval of world heritage status for 23 historic sites showing th ...

Global markets slide after Greek 'no' vote
Issued: July 6, 2015
LONDON — Stock markets and oil prices fell Monday after Greece's voters overwhelmingly rejected reform proposals from its international ...

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