Carrión: Popular well positioned for rebound in PR economy, TARP exit

Popular Inc. President & CEO Richard Carrión says Puerto Rico’s biggest bank ...

PR sees surge in cruise passengers

The number of cruise ship passengers who visited the U.S. territory of Puerto Ri ...

Honeywell Aerospace plans 2nd lab in PR; $30M investment; 310 new jobs

Honeywell Aerospace confirmed Wednesday it will invest nearly $30 million to est ...

PR slips on WEF’s global tech index

Puerto Rico slipped in an annual World Economic Forum (WEF) index of how prepare ...

Popular exiting 3 stateside markets to focus on NY/NJ, South Florida
Issued: April 24, 2014
Popular Inc. said Tuesday it is selling off its Popular Community Bank oper ...

Construction council says land use plan threatens rebound, wants moratorium
Issued: April 24, 2014
Saying that the proposed land use plan threatens any hope of an economy rec ...

SJ strikes P3 deal at Muñoz Marín Park
Issued: April 24, 2014
The San Juan municipal assembly has approved an ordinance authorizing city ...

Liberty PR rolling out social-based guide
Issued: April 23, 2014
Liberty Global’s subsidiary in Puerto Rico is rolling out a cloud-based ser ...

Moneyhouse, Berríos team for homeowners
Issued: April 23, 2014
Mortgage lender Moneyhouse and the Mueblerías Berríos furniture and appliance chain are teaming up in an effort to help homeowners and spur ...

UPR students stage 24-hour strike
Issued: April 23, 2014
Students at Puerto Rico’s largest public university have launched a 24-hour protest following talks about a tuition increase.

Arecibo detects mysterious signals
Issued: April 23, 2014
A burst of unexplained radio signals detected at the Arecibo Observatory in Puerto Rico was recently confirmed as coming from outside our ga ...

EPA honors PR environmental leaders
Issued: April 23, 2014
The U.S. Environmental Protection Agency on Wednesday honored eight individuals and organizations from across Puerto Rico for their achievem ...

Moody’s analysis: PR’s credit risk widens as ‘economic turmoil deepens’
Issued: April 23, 2014
Market-based measures of Puerto Rico’s credit risk continue to deteriorate as the island’s “economic turmoil deepens,” a research arm of Moo ...

Deep cuts coming in fiscal 2015 budget
Issued: April 23, 2014
Deep cuts in government spending are looming as Gov. Alejandro García Padilla prepares to make good on a pledge to present a balanced fiscal ...

Senate confirms Caldero as top cop
Issued: April 22, 2014
The Puerto Rico Senate on Tuesday confirmed José Caldero as the island’s new police chief, making him the third superintendent of the 17,000 ...

UPR extends moratorium on tuition hike
Issued: April 22, 2014
The University of Puerto Rico Governing Board has agreed to extend a moratorium on a tuition increase, meaning a planned hike won’t take eff ...

PR investment summit this week
Issued: April 22, 2014
Big-time investors, business executives, economic development officials and tax experts are gathering this week for the Puerto Rico Investme ...

FINRA caseload ahead of last year’s pace
Issued: April 22, 2014
The Financial Industry Regulatory Authority (FINRA) is on pace to field more arbitration cases in 2014 than it handled last year as it juggl ...

more Local news
FCC to propose pay-for-priority Internet standards
Issued: April 24, 2014
LOS ANGELES — The Federal Communications Commission is set to propose new open Internet rules that would allow content companies to pay for ...

Facebook 1Q results soar; CFO to step down
Issued: April 23, 2014
NEW YORK — Facebook's earnings nearly tripled and revenue grew sharply in the first quarter, surpassing Wall Street's expectations t ...

Apple increases stock buyback, will split stock
Issued: April 23, 2014
SAN FRANCISCO — Apple is diverting more of its cash to shareholders and preparing to split its stock for the first time in nine years in an ...

Hillary Clinton dares women to compete
Issued: April 23, 2014
BOSTON — Hillary Rodham Clinton is daring women to compete, but not saying whether she will herself in 2016.

High court tosses $3.4M award to child porn victim
Issued: April 23, 2014
WASHINGTON — The Supreme Court on Wednesday rejected a plea to make it easier for victims of child pornography to collect money from people ...

US weighs clemency for inmates jailed for 10 years
Issued: April 23, 2014
WASHINGTON — The Justice Department is encouraging nonviolent federal inmates who have behaved in prison, have no significant criminal histo ...

Bernanke regrets not explaining crisis better
Issued: April 22, 2014
TORONTO — Former U.S. Federal Reserve Chairman Ben Bernanke says he could have done a better job in helping people understand the action the ...

Whoa there: NYC carriage horse ban is stalled
Issued: April 22, 2014
NEW YORK — Mayor Bill de Blasio is pulling back the reins on his plans to quickly get rid of New York City's horse-drawn carriage indust ...

In Internet TV case, justices show concern
Issued: April 22, 2014
WASHINGTON — Grappling with fast-changing technology, Supreme Court justices debated Tuesday whether they can protect the copyrights of TV b ...

Attacks on payment systems trail other cybercrimes
Issued: April 22, 2014
NEW YORK — While Target's massive data breach last year caused consumers to panic and drew attention to Internet crime, a new study find ...

Obama administration tightens grip on intelligence
Issued: April 22, 2014
WASHINGTON — The Obama administration has tightened its control over intelligence — including unclassified information — by setting limits o ...

Court upholds affirmative action ban; Sotomayor delivers spirited dissent
Issued: April 22, 2014
WASHINGTON — The Supreme Court on Tuesday upheld Michigan’s ban on using race as a factor in college admissions despite one justice’s impass ...

AT&T joins crowded field with online video plans
Issued: April 22, 2014
NEW YORK — AT&T and an investment firm run by former News Corp. executive Peter Chernin have formed an online video venture that could r ...

Job market for college grads better but still weak
Issued: April 22, 2014
WASHINGTON — The job market for new college graduates is brightening but remains weaker than before the Great Recession began.

more National news
Tiny Pacific nation sues 9 nuclear-armed powers
Issued: April 24, 2014
NEW YORK — The tiny Pacific nation of the Marshall Islands is taking on the United States and the world's eight other nuclear-armed nati ...

Costa Rica is demanding US explain 'Cuban Twitter'
Issued: April 24, 2014
SAN JOSE, Costa Rica — The Costa Rican government says it's still waiting for the Obama administration to explain why it launched the se ...

China splurging on military as US pulls back
Issued: April 24, 2014
QINGDAO, China — China's navy commissioned 17 new warships last year, the most of any nation. In a little more than a decade, it's e ...

Central bank: Spanish growth doubled in Q1
Issued: April 24, 2014
MADRID — The recovery in the Spanish economy appears to be gathering steam.

Brazil enacts Internet 'Bill of Rights'
Issued: April 23, 2014
SAO PAULO — Brazil's president signed into law on Wednesday a "Bill of Rights" for the digital age that aims to protect online ...

Mexico steps back from telecom, Internet limits
Issued: April 23, 2014
MEXICO CITY — Mexico's ruling party appears to have stepped back from proposals to block Internet and telecom signals, following protest ...

US court revives European suit vs. R.J. Reynolds
Issued: April 23, 2014
NEW YORK — A federal appeals court has revived a lawsuit by the European Union alleging that U.S. tobacco company R.J. Reynolds sponsored ci ...

Conrado Marrero, oldest living ex-MLB player, dies
Issued: April 23, 2014
HAVANA — Family members say Conrado Marrero, the oldest living former Major League Baseball player, has died in Havana. He was 102, just two ...

Amsterdam may ban pot shops in Red Light district
Issued: April 23, 2014
AMSTERDAM — Amsterdam has won court permission to ban marijuana cafes in its famous Red Light district, stepping up a crackdown on the city& ...

Greece reaches milestone, opens way for assistance
Issued: April 23, 2014
BRUSSELS — The European Union says Greece has reached a major financial milestone that was required if it were to be granted more debt relie ...

Europe recovery shows signs of strengthening
Issued: April 23, 2014
FRANKFURT, Germany — Business activity in Europe has risen to its highest level in three years as a once-shaky economic recovery gains speed ...

China says quality of its groundwater has worsened
Issued: April 23, 2014
BEIJING — Chinese authorities say nearly 60 percent of the groundwater at sites monitored throughout the country is of poor or extremely poo ...

Government finances improved across Europe in 2013
Issued: April 23, 2014
BRUSSELS — Official figures show that governments across the 28-country European Union recorded lower budget deficits in 2013 amid lower spe ...

Globe had 4th hottest March; US cooler than normal
Issued: April 22, 2014
WASHINGTON — Federal forecasters calculated that for most of the Earth, last month was one of the hottest Marchs on record — except in the U ...

more International news