S&P's GDB long-term rating lowered 2 notches; outlook negative

Standard & Poor's Ratings Services said late Friday that it lowered its ...

S&P further downgrades Puerto Rico's GO debt

Standard & Poor's Ratings Services lowered its general obligation (GO) r ...

Legislative leaders blast GDB letter

Several Popular Democratic Party (PDP) legislators, including Senate President E ...

House bill floats 14% VAT, additional exemptions

The latest amendments to a House bill aimed at implementing tax reform in Puerto ...

S&P keeps Puerto Rico banks on ‘negative’ watch
Issued: April 25, 2015
Standard & Poor's Ratings Services said late Friday that its rating ...

S&P downgrades Prepa revenue bonds to 'CCC-'
Issued: April 24, 2015
Standard & Poor's Ratings Services has lowered its rating on Puerto ...

Labor Department reports increase in self-employment
Issued: April 24, 2015
According to data compiled by the Labor and Human Resources Department, by ...

Harley recalls nearly 46,000 motorcycles
Issued: April 24, 2015
Harley-Davidson is recalling nearly 46,000 motorcycles in the U.S. because ...

Diet Pepsi dropping aspartame on customer concerns
Issued: April 24, 2015
PepsiCo says it's dropping aspartame from Diet Pepsi in response to customer feedback and replacing it with sucralose, another artificia ...

Bondholder group comments on Prepa assessment of its plan
Issued: April 24, 2015
The ad hoc group of Prepa bondholders met with AlixPartners and Millstein & Co. on Thursday to receive the Puerto Rico Electric Power Au ...

Local construction sector loses 3,000 jobs, statistics show
Issued: April 24, 2015
The Puerto Rico Statistics Institute unveiled the latest version of the U.S. Census Bureau’s County Business Patterns (CBP) statistical repo ...

Prepa rejects bondholder proposal
Issued: April 24, 2015
The Puerto Rico Electric Power Authority (Prepa), the island’s publicly owned electricity provider, presented its formal response to the Ad ...

Triple-S schedules 1Q earnings release, webcast
Issued: April 24, 2015
Triple-S Management Corp. announced Friday that it plans to release financial results for the first quarter ended March 31 before the market ...

OFG Bancorp reports first-quarter loss of $3 million
Issued: April 24, 2015
OFG Bancorp (OFG) on Friday reported a first-quarter loss of $3 million, after reporting a profit in the same period a year earlier.

Latino Coalition urges House to approve H.R. 870
Issued: April 24, 2015
The Latino Coalition (TLC) released a statement urging the House Judiciary Committee to approve H.R. 870 – The Puerto Rico Chapter 9 Uniform ...

Fitch maintains AES Senior Bonds on Rating Watch Negative
Issued: April 24, 2015
Fitch Ratings has maintained the following AES Puerto Rico L.P. (AES, a coal-fired cogeneration plant in Guayama) securities issued through ...

Moody’s: Delay in filing P.R.’s financial statements a ‘negative’
Issued: April 24, 2015
In response to the Puerto Rico government’s Tuesday filing announcing it would fail to submit its audited financial statements by the May 1 ...

Crowley honored with ‘Earth Day Award’
Issued: April 23, 2015
Crowley Maritime Corp. has been honored with the 2015 Federal Maritime Commission (FMC) Chairman’s Earth Day Award in recognition of the org ...

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As contributions fall, House GOP rebels blame party leaders
Issued: April 25, 2015
WASHINGTON — As he began his first re-election run in early 2013, tea party Rep. Thomas Massie had no trouble raising money from business in ...

History trailing Japanese leader on his upcoming US visit
Issued: April 25, 2015
WASHINGTON — History will be trailing Japanese Prime Minister Shinzo Abe during his visit to the United States.

Winners and losers of the demise of the big Comcast deal
Issued: April 25, 2015
NEW YORK — In the aftermath of Comcast's decision to walk away from buying Time Warner Cable, some winners and losers are emerging.

Starbucks stores reopen Saturday following computer glitch
Issued: April 25, 2015
SEATTLE — Starbucks is back in business early Saturday after a computer outage forced thousands of its stores to close early the night befor ...

Wynn Resorts shareholders: Elaine Wynn won't return to board
Issued: April 24, 2015
LAS VEGAS — Elaine Wynn failed Friday to win re-election to the board of Wynn Resort Ltd. — the casino-hotel company she co-founded with ex- ...

Huge magma chamber spied under Yellowstone supervolcano
Issued: April 24, 2015
LOS ANGELES — Scientists have spied a vast reservoir of hot, partly molten rock beneath the supervolcano at Yellowstone National Park that&# ...

Stocks rise on tech earnings; Nasdaq adds to record
Issued: April 24, 2015
NEW YORK — Big gains by Amazon, Microsoft and Google sending technology stocks to a higher close.

Statue of Liberty evacuated after bomb threat; everyone safe
Issued: April 24, 2015
NEW YORK — The Statue of Liberty was evacuated as a precaution on Friday after a bomb threat, forcing hundreds of tourists to be herded off ...

Oil, gas, power, prices: big themes from energy meeting
Issued: April 24, 2015
HOUSTON — In the year since the energy industry last gathered in for its big annual confab in Houston, prices for oil and natural gas took a ...

Cheaper fuel has airlines soaring to record profits
Issued: April 24, 2015
DALLAS — For airlines, the record profits keep coming, thanks to cheaper jet fuel.

Angelina Jolie rips world powers on Syria's refugee crisis
Issued: April 24, 2015
UNITED NATIONS — Actress Angelina Jolie pleaded with world powers Friday to help the millions of Syrian refugees, sharply criticizing the U.

What could McDonald's do to fix its business?
Issued: April 24, 2015
NEW YORK — When it comes to McDonald's, everyone seems to have an opinion about what the company needs to do differently.

Comcast is dropping $45 billion Time Warner Cable bid
Issued: April 24, 2015
NEW YORK — Comcast is dropping its $45 billion bid for Time Warner Cable after heavy regulatory pushback.

US durable goods orders jumped 4% in March
Issued: April 24, 2015
WASHINGTON — Orders to U.S. factories for long-lasting manufactured goods increased by the largest amount in eight months. But a key categor ...

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Toll climbs after powerful quake hits Nepal: Things to Know
Issued: April 25, 2015
The death toll climbed and aftershocks continued a day after a powerful earthquake struck the Nepal region, triggering an avalanche on Mount ...

Experts gathered in Nepal a week ago to ready for earthquake
Issued: April 25, 2015
Nepal's devastating earthquake was the disaster experts knew was coming.

Nepal quake: Nearly 1,400 dead, Everest shaken
Issued: April 25, 2015
KATHMANDU, Nepal — Tens of thousands of people were spending the night in the open under a chilly and thunderous sky after a powerful earthq ...

Volcano still active, but Chile no longer fears major blast
Issued: April 25, 2015
SANTIAGO, Chile — Authorities downgraded the likelihood of a major eruption at the Calbuco volcano, although the mountain remained active Sa ...

VW board chairman Piech resigns after dispute over CEO
Issued: April 25, 2015
FRANKFURT, Germany — Ferdinanc Piech, chairman of the board of Volkswagen AG and a major figure in the German auto industry, has stepped dow ...

'Saigon has fallen' — a reporter's view of Vietnam War's end
Issued: April 25, 2015
EDITOR'S NOTE — More than two decades of war in Vietnam, first involving the French and then the Americans, ended with the last days of ...

How London man may have helped trigger the 'flash crash'
Issued: April 25, 2015
NEW YORK — He operated from a modest suburban London home he shared with his parents, far from the city's glamorous financial center. He ...

Eurozone express hopes that Greek criticism will bear fruit
Issued: April 25, 2015
RIGA, Latvia — Greece's European creditors sought to douse talk that they are making plans for a potential Greek exit from the euro and ...

Chileans moved after dangerous volcanic mudflows detected
Issued: April 24, 2015
ENSENADA, Chile — Authorities urged 2,000 people living near the Calbuco volcano to evacuate Friday after potentially devastating mudflows o ...

After drone killings, pressure for a new hostage strategy
Issued: April 24, 2015
WASHINGTON — The accidental killing of two hostages in a U.S. operation against al-Qaida has put a new spotlight on the Obama administration ...

HSBC considers moving headquarters from Britain
Issued: April 24, 2015
LONDON — Global bank HSBC said Friday it is considering moving its headquarters from London due to tougher regulation since the 2008 financi ...

Foreigners who came to Brazil in boom times flee the bust
Issued: April 24, 2015
RIO DE JANEIRO — With Brazil's economy skidding to a halt, many foreigners who had flocked to the country in recent years are now leavin ...

Italian authorities: Terror suspects planned Vatican attack
Issued: April 24, 2015
MILAN — Islamic extremists suspected in a bomb attack in a Pakistani market that killed more than 100 people had also planned an attack agai ...

Greece bailout deal elusive, 'significant' more work needed
Issued: April 24, 2015
RIGA, Latvia — Greece's finance minister came under fire Friday from his peers in the 19-country eurozone for failing to come up with a ...

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