Fitch downgrades Puerto Rico GOs to 'B'

Fitch Ratings has downgraded Puerto Rico's general obligation (GO) and relat ...

Puerto Rico to receive world’s largest cruise ships in 2016

Next year, Puerto Rico will welcome the largest cruise ships in the world, the O ...

Puerto Rico now has luxury shopping despite recession

A pair of nearly 5-inch black satin heels with a large gold alligator that serve ...

US telecommunications delegation in Cuba for talks

HAVANA — A delegation of U.S. telecommunication officials is in Havana to meet w ...

Mall of San Juan opened to thousands of shoppers
Issued: March 27, 2015
Thousands of Puerto Rico residents and visitors were the first to shop The ...

Federal court fines 2 asphalt companies $7.2 million for Aguadilla airport fraud
Issued: March 26, 2015
Robles Asphalt and BTB Asphalt Corp. have been found guilty in federal cour ...

New player has 350,000 beneficiaries in Puerto Rico
Issued: March 26, 2015
Molina Healthcare of Puerto Rico is ready to start serving the 350,000 bene ...

USDA announces grants for childhood obesity prevention programs
Issued: March 26, 2015
WASHINGTON  Agriculture Secretary Tom Vilsack Thursday announced the U ...

Perfection doesn't last: Muni bond returns to be more muted
Issued: March 26, 2015
NEW YORK — Conditions were nearly perfect for municipal bonds last year, leading to sizeable returns. Perfection never lasts, though, and ma ...

3 charged in $2.1 million tax evasion case
Issued: March 26, 2015
A doctor and two business owners in Puerto Rico have been charged in a $2.1 million tax evasion case.

Prepa meets creditors; new financing offered
Issued: March 26, 2015
 Puerto Rico's Electric Power Authority (Prepa)  and top government officials met in New York Thursday in attempts to persuade ...

New Samsung, HTC phones coming April 10
Issued: March 26, 2015
New phones from Samsung and HTC will be available in stores starting April 10.

U.S. House OKs bipartisan Medicare doc bill, fate up to Senate
Issued: March 26, 2015
The U.S. House of Representatives passed a bill that could improve federal payments made to physicians in Puerto Rico under Medicare.

Kona Grill opens in Puerto Rico
Issued: March 26, 2015
Kona Grill, an American grill and sushi bar, announced Thursday the opening of its newest restaurant.

FDA to scrutinize unproven alternative remedies
Issued: March 26, 2015
Federal officials plan to scrutinize the safety and evidence behind alternative remedies like Zicam and Cold-Eeze, so-called homeopathic pro ...

Saks Fifth Avenue opens in Puerto Rico
Issued: March 26, 2015
Hudson’s Bay Co. provided details on its newest Saks Fifth Avenue store in San Juan. The approximately 100,000-square-foot, multi-level stor ...

Nordstrom opens at Mall Of San Juan
Issued: March 26, 2015
Fashion retailer Nordstrom opened the doors to its first store in Puerto Rico at The Mall of San Juan. The two-level, 138,000-square-foot st ...

Average US rate on 30-year mortgage falls to 3.69 percent
Issued: March 26, 2015
WASHINGTON — Average long-term U.S. mortgage rates fell this week for a second straight week, edging closer to historically low levels at th ...

more Local news
BMW recalls nearly 49K motorcycles; rear wheel can loosen
Issued: March 27, 2015
DETROIT — BMW is recalling nearly 49,000 motorcycles in the U.S. and Canada because flanges that hold the rear wheel can crack if bolts are ...

US economic growth rate stays at 2.2 percent in Q4
Issued: March 27, 2015
WASHINGTON — U.S. economic growth slowed in the fourth quarter and economists are looking for an even weaker showing in the first quarter as ...

Florida Department of Agriculture brings ‘Fresh from Florida’ strawberries to Puerto Rico
Issued: March 27, 2015
TALLAHASSEE, Fla. – Florida Commissioner of Agriculture Adam H. Putnam announced a new partnership with 41 Walmart and Amigo stores in Puert ...

Bo knows when not to change a thing; can Irish slay Goliath?
Issued: March 27, 2015
Bo Ryan is no fan of change. He said so himself answering the question - "What's the most important change your team needs to make ...

From new logos to New Coke: when corporations make mistakes
Issued: March 27, 2015
NEW YORK — It was a tempest in a coffee cup.

Senate OKs Republican balanced-budget plan, following House
Issued: March 27, 2015
WASHINGTON — Republicans muscled a balanced-budget plan through the Senate early Friday, positioning Congress for months of battling Preside ...

US isolated as allies line up to join China-led bank
Issued: March 27, 2015
WASHINGTON — U.S. resistance to a Chinese-led Asian regional bank has left it isolated among its Asian and European allies and given some he ...

NCAA says it will monitor impacts of Indiana religious law
Issued: March 26, 2015
With the Final Four a week away from shining a spotlight on Indianapolis, NCAA President Mark Emmert said Thursday that the governing body f ...

House OKs bipartisan Medicare doc bill, fate up to Senate
Issued: March 26, 2015
WASHINGTON — In uncommon bipartisan harmony, the House approved a $214 billion bill Thursday permanently blocking physician Medicare cuts, m ...

Diet sodas fall in US; Pepsi takes back No. 2 spot
Issued: March 26, 2015
NEW YORK — Americans bought less soda for the tenth straight year in 2014, with diet sodas shrinking more than their sugary counterparts, ac ...

Mentally stable at 38,000 feet: Can you trust your pilot?
Issued: March 26, 2015
NEW YORK — Airline pilots are supposed to be the ones we trust.

US stocks fall for a 4th straight day; price of oil surges
Issued: March 26, 2015
NEW YORK — A see-saw day for U.S. stocks ended with slight losses on Thursday, giving the market its fourth drop in a row.

$1 billion water spending plan heads to California governor
Issued: March 26, 2015
SACRAMENTO, Calif. — A plan to pump $1 billion of water spending into drought-stricken California cleared the Legislature on Thursday and wa ...

Agencies adjust resolution plan filing deadline for nonbank financial institutions
Issued: March 26, 2015
The Federal Reserve Board and the Federal Deposit Insurance Corp. (FDIC) on Thursday permanently adjusted the annual resolution plan filing ...

more National news
Stocks recover their poise ahead of US economic data
Issued: March 27, 2015
LONDON — Global stock markets on Friday recovered their poise after the previous day's losses when investors were spooked by the escalat ...

Prosecutors: Evidence Germanwings co-pilot hid illness
Issued: March 27, 2015
MONTABAUR, Germany — Germanwings co-pilot Andreas Lubitz appears to have hidden evidence of an illness from his employers, including having ...

Russia denies it's in talks with Argentina on leasing jets
Issued: March 27, 2015
MOSCOW — A senior Russian government official says Moscow hasn't held negotiations on leasing a dozen of supersonic bombers to Argentina ...

Yemen weighs on world shares, data highlights Japan doldrums
Issued: March 27, 2015
TOKYO — World shares were lackluster Friday as the conflict in Yemen ripped through the Middle East and Japanese data showed the world's ...

Japan inflation cools, household spending, incomes soften
Issued: March 26, 2015
TOKYO — Japan reported lackluster inflation and wages data for February that suggested Friday that its economic recovery remains in the dold ...

Co-pilot deliberately slams plane in Alps; families ask why
Issued: March 26, 2015
PARIS — Passengers with moments to live screamed in terror and the pilot frantically pounded on the locked cockpit door as a 27-year-old Ger ...

2 US funds to invest $900 million in Mexican gas pipeline
Issued: March 26, 2015
MEXICO CITY — Mexico's state-owned petroleum company Pemex has signed an agreement giving two investment funds a 45 percent stake in a n ...

Vatican sending diplomat to Obama summit with Latin America
Issued: March 26, 2015
PANAMA CITY — Pope Francis is sending a top emissary to a gathering between U.S. President Barack Obama and leaders of Latin America.

Lawyer: Fugitive Colombian millionaire arrested in Spain
Issued: March 26, 2015
BOGOTA, Colombia — A lawyer for a fugitive Colombian millionaire at the center of the South American nation's biggest financial scandal ...

Airlines to require 2 crew members in cockpit at all times
Issued: March 26, 2015
LONDON — Airlines and officials around the world on Thursday began requiring two crew members to always be present in the cockpit, after det ...

Yemen conflict hits stocks hard but sends oil price surging
Issued: March 26, 2015
LONDON — Saudi Arabian strikes on key military installations in Yemen hit stock markets hard Thursday and sent oil prices surging.

Report: France jet audio shows pilot locked out of cockpit
Issued: March 25, 2015
SEYNE-LES-ALPES, France — The first half of Germanwings Flight 9525 was chilling in its normalcy. It took off from Barcelona en route to Due ...

Argentina criticizes Citibank for bond payment agreement
Issued: March 25, 2015
BUENOS AIRES, Argentina — Argentina's minister of economy is criticizing Citibank's agreement with a New York court that will allow ...

Mexico says arson at US company linked to extortion
Issued: March 25, 2015
MEXICO CITY — An arson attack on a subsidiary of a U.S. energy-services firm was part of an extortion attempt, prosecutors in southern Mexic ...

more International news