IMF cuts US, global growth forecasts

WASHINGTON — The International Monetary Fund foresees the global economy expandi ...

Popular posts $511M loss in busy 2Q

Popular, Inc. reported a net loss of $511.3 million for a busy second quarter du ...

Seeking to fend off rising seas, Cuba moves to restore mangroves

SURGIDERO DE BATABANO, Cuba. — Many people in this hamlet on the southern coast ...

Pentagon clears LNG terminal in PR

The Pentagon has signed off on a vital liquefied natural gas (LNG) terminal but ...

Lilly 2Q profit falls 39%, beats estimates
Issued: July 24, 2014
Eli Lilly and Co. on Thursday reported profit that declined by 39 percent i ...

PR govt says Doral case being rushed
Issued: July 24, 2014
The Puerto Rico government said Thursday that the fast-tracking in court of ...

UBS slashing its payroll in PR
Issued: July 24, 2014
Swiss financial giant UBS is moving to slash its payroll in Puerto Rico but ...

Moody’s details dim view of Recovery Act
Issued: July 24, 2014
Moody’s Investors Service has issued a highly critical report on Puerto Ric ...

Pierluisi says consumer protections remain despite Obamacare reversal
Issued: July 23, 2014
While Resident Commissioner Pedro Pierluisi said he has always supported the application of the Affordable Care Act’s consumer protections a ...

OFG Bancorp nets $17.8M in 2Q
Issued: July 23, 2014
OFG Bancorp, the San Juan-based holding company of Oriental Bank, posted a net income of $17.8 million, or $0.38 per share diluted, for the ...

Mayaguez mayor: US ties not negotiable
Issued: July 23, 2014
A prominent Popular Democratic Party mayor says any redefinition of the commonwealth status cannot stray from U.S. citizenship.

Protect yourself from identity theft
Issued: July 23, 2014
NEW YORK — It's an almost weekly occurrence: On Tuesday, Goodwill said its computer systems may have been hacked, leading to the possibl ...

Pierluisi pitches status change in Congress
Issued: July 23, 2014
Resident Commissioner Pedro Pierluisi took to the floor of the U.S. House of Representatives on Wednesday to state his case for changing Pue ...

Prasa: Tinted tap water is harmless
Issued: July 23, 2014
The Puerto Rico Aqueduct & Sewer Authority is seeking to reassure consumers that the rust-tinted water coming out of many taps in recent ...

Tropical depression weakens to tropical wave
Issued: July 23, 2014
MIAMI — The U.S. National Hurricane Center said a tropical depression in the Atlantic has weakened to a tropical wave as it approaches the L ...

PR govt funding chikungunya testing
Issued: July 23, 2014
The Puerto Rico government is paying for chikungunya testing as it works to better gauge the scope of the mosquito-borne virus across the is ...

Seaborne taps new sales & marketing chief
Issued: July 23, 2014
Seaborne Airlines has tapped industry veteran Héctor “Tato” Montañez as the regional carrier’s new director of marketing and sales for Puert ...

Top court reverses ruling in Doral case
Issued: July 23, 2014
The Puerto Rico Supreme Court has ordered a lower court to expedite an evidentiary hearing in Doral Financial Corp.’s $230 million tax case ...

more Local news
US new-home sales plummet in June
Issued: July 24, 2014
WASHINGTON — Sales of new U.S. homes plunged in June, a sign that real estate continues to be a weak spot in the economy.

US unemployment aid applications drop to 284,000
Issued: July 24, 2014
WASHINGTON — The number of people seeking U.S. unemployment benefits fell last week to its lowest level in eight years.

Obama wants limits on US company mergers abroad
Issued: July 24, 2014
LOS ANGELES — President Barack Obama is tapping into growing misgivings about tax-driven overseas mergers by U.S. corporations, issuing a ne ...

Glitch crashes global US passport, visa operations
Issued: July 23, 2014
WASHINGTON — The State Department says a computer glitch has caused major delays in its passport and visa issuance operations at its embassi ...

Trump: DC hotel will be among world's best
Issued: July 23, 2014
WASHINGTON — Donald Trump says his new hotel in the Old Post Office building in downtown Washington "will be one of the finest ... and ...

IMF cuts forecast for US economic growth in 2014
Issued: July 23, 2014
WASHINGTON — The International Monetary Fund has shaved its forecast for U.S. economic growth this year, mostly because of a sharp contracti ...

Senate bill targets companies that move overseas
Issued: July 23, 2014
WASHINGTON — The Senate voted Wednesday to advance an election-year bill limiting tax breaks for U.S. companies that move operations oversea ...

SEC poised to end $1 a share for some money funds
Issued: July 23, 2014
WASHINGTON — Regulators are expected to vote Wednesday to end a longtime staple of the investment industry — the fixed $1 share price for mo ...

Jeter turns part of attention to business
Issued: July 23, 2014
NEW YORK — Pedestrians craned their necks as Derek Jeter stood in front of a food truck parked across the street from Central Park.

US job-training review emphasizes data, employers
Issued: July 22, 2014
WASHINGTON — President Barack Obama says that as the U.S. economy adds new jobs, Americans must have the skills to fill those jobs.

Federal appeals court deals blow to Obamacare
Issued: July 22, 2014
WASHINGTON — A federal appeals court has delivered a serious setback to President Barack Obama's health care law, potentially derailing ...

US home sales increase 2.6% in June
Issued: July 22, 2014
WASHINGTON — Sales of previously owned homes rose for a third straight month in June, pushing activity to the highest level in eight months ...

Detroit retirees back pension cuts by a landslide
Issued: July 22, 2014
DETROIT — A year after filing for bankruptcy, Detroit is building momentum to get out, especially after workers and retirees voted in favor ...

Detroit: No water shutoffs for next 15 days
Issued: July 21, 2014
DETROIT — Detroit suspended its aggressive policy of cutting off water to customers with unpaid bills on Monday, the latest response to a co ...

more National news
Central American leaders seek solution in US
Issued: July 24, 2014
WASHINGTON — The presidents of Honduras and Guatemala are meeting with lawmakers on Capitol Hill amid a stalemate over the immigration crisi ...

Oil drifts down despite China manufacturing bounce
Issued: July 24, 2014
The price of oil fell below $103 a barrel Thursday, giving back part of its gains from the day before, despite improvements in Chinese manuf ...

Gaza fighting rages amid cease-fire efforts
Issued: July 24, 2014
GAZA CITY, Gaza Strip — Israeli tanks and warplanes bombarded the Gaza Strip on Thursday, as Hamas militants stuck to their demand for the l ...

Air Algerie plane disappears from radar
Issued: July 24, 2014
ALGIERS, Algeria — An Air Algerie flight from Burkina Faso to Algiers disappeared from radar early Thursday, the official Algerian news agen ...

Venezuelan network Telesur expands into English
Issued: July 23, 2014
CARACAS, Venezuela — The Spanish-language television network started by the late Venezuelan President Hugo Chavez as a vehicle for promoting ...

Argentina president says country will not default
Issued: July 23, 2014
BUENOS AIRES, Argentina — Argentina's president said Wednesday that her country will not go into default because it has been paying debt ...

Jailed Venezuelan opposition leader goes on trial
Issued: July 23, 2014
CARACAS, Venezuela — A top leader of the anti-government protests that wracked Venezuela for months this spring is getting his day in court.

FAA continues ban on US flights to Tel Aviv
Issued: July 23, 2014
WASHINGTON — The Federal Aviation Administration says it will continue its ban on U.S. airline flights to Tel Aviv while assessing the dange ...

Chinese leader signs accords, wraps up Cuba visit
Issued: July 23, 2014
HAVANA — Chinese President Xi Jinping is wrapping up his visit to Cuba after signing dozens of agreements for such things as investment by C ...

Slim sees upside to 3-day work week
Issued: July 23, 2014
Mexican business magnate Carlos Slim, who has ridden his telecommunications empire, which includes Claro/Puerto Rico Telephone, to the top o ...

Young MH17 victim has eerie premonition of crash
Issued: July 23, 2014
In a bedroom in a townhouse near Amsterdam, Miguel Panduwinata reached out for his mother. "Mama, may I hug you?" ...

A kiss, a prayer: The last hours of MH17's victims
Issued: July 23, 2014
In a bedroom in a townhouse near Amsterdam, Miguel Panduwinata reached out for his mother. "Mama, may I hug you?" ...

Venezuelan conspiracy theories a threat to critics
Issued: July 23, 2014
CARACAS, Venezuela — Roderick Navarro was in class when he got the news that a high-ranking minister had accused him of plotting to assassin ...

End comes for notorious Venezuelan vertical slum
Issued: July 22, 2014
CARACAS, Venezuela — The first of thousands of squatters who transformed a half-built skyscraper into a vertical slum were moved out by arme ...

more International news