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Cossec chief assures co-op system stability amid public debt
Issued: July 31, 2015
The executive president of the Puerto Rico Cooperatives Supervision & Insurance Corp. (Cossec), Daniel Rodríguez Collazo, said island cooperatives...
Attorney McConnell passes away
Issued: July 30, 2015
Attorney Walter Glines McConnell, formerly of the McConnell Valdés law firm, has passed away. ...
Nearly 8,000 fewer under jobless aid in Puerto Rico
Issued: July 30, 2015
Applications for jobless aid in the U.S. and Puerto Rico rose 12,000 to a seasonally adjusted 267,000, the Labor Department said Thursday. The...
Cash crunch hinders gov’t ability to meet debt-service payments next month
Issued: July 30, 2015
As the first month of the fiscal year comes to an end, the Puerto Rico government continues to face significant fiscal challenges, facing several...
La Fortaleza: No default on PFC if gov’t misses $57.9M payment Aug. 1
Issued: July 30, 2015
While the Puerto Rico government is widely expected to miss a $57.9 million PFC debt payment due Aug. 1, this scenario wouldn’t constitute a default...
Gov’t continues to seek short-term liquidity measures to operate past Oct.-Nov.
Issued: July 30, 2015
While a $400 million deal from three public corporations is expected to allow the Puerto Rico government to operate until “October-November,” the...
AT&T AdWorks, DirecTV advertising sales combine to form single organization
Issued: July 30, 2015
AT&T announced Thursday that DirecTV Advertising Sales will now be a part of the AT&T AdWorks family. ...
Dominicans reject OAS offer to organize meeting with Haiti
Issued: July 30, 2015
WASHINGTON — The Dominican Republic on Wednesday rejected an offer by the Organization of American States to organize talks with Haiti on resolving a...
UN: Expect 11.2 billion population by the end of the century
Issued: July 30, 2015
UNITED NATIONS — Move over: The world's population is expected to reach 8.5 billion by 2030 and 9.7 billion in 2050, a new United Nations report...
Sen. Hatch to Lew: Advocating for bankruptcy protection not enough
Issued: July 30, 2015
On July 17, U.S. Senate Finance Committee Chairman Orrin Hatch (R.-Utah) asked U.S. Treasury Secretary Jacob Lew for the Obama administration’s take...
Baxter announces 2Q results
Issued: July 30, 2015
Baxter International Inc. reported second quarter financial results that exceeded the company’s previously issued guidance. ...
NPP leaves discussions for 5-year fiscal & economic plan
Issued: July 30, 2015
Resident Commissioner and president of the New Progressive Party (NPP), Pedro Pierluisi, forewarned Gov. Alejandro García Padilla on Tuesday of a...
Working group addresses gov’t restructuring, financial control board legislation
Issued: July 29, 2015
The Economic Recovery Working Group continues to work on multiple fronts as it aims to finalize a five-year fiscal stability & economic...
First BanCorp. announces 2Q results
Issued: July 29, 2015
First BanCorp., the bank holding company for FirstBank Puerto Rico, reported Wednesday a net loss of $34.1 million for the second quarter of 2015, or...
U.S. Hispanic CofC announces initiative to invest in small enterprises
Issued: July 29, 2015
The United States Hispanic Chamber of Commerce (USHCC) announced Wednesday the launch of the USHCC-SBCC Capital Initiative, a new partnership with...
Treasury Deputy Secretary García to join GDB
Issued: July 29, 2015
Puerto Rico Treasury Department Deputy Secretary Karolee García has stepped down from her current post, and will be joining the Government Development...
Clinton to call for lifting embargo with Cuba
Issued: July 29, 2015
WASHINGTON — Hillary Rodham Clinton's campaign says she will call for lifting the embargo with Cuba in a Florida address on Friday. ...
Sheraton Old San Juan casino expected to close
Issued: July 29, 2015
The casino at the Sheraton Old San Juan Hotel & Casino, in the historic sector of Puerto Rico's capital, is slated to close its doors sometime...
Microsoft debuts Windows 10: Why it's being given away free
Issued: July 29, 2015
Microsoft debuted its new Windows 10 operating system Wednesday, in what the company hopes will be a pivotal moment in its bid regain its sway in a...
Latino leaders to Washington: Support Puerto Rico
Issued: July 29, 2015
In several cities across the U.S., Latino leaders and allies assembled to send a unified message to President Obama and Congress: Support Puerto Rico...
U.S. Treasury secretary answers Sen. Hatch’s inquiry on Puerto Rico
Issued: July 29, 2015
On July 17, U.S. Senate Finance Committee Chairman Orrin Hatch (R.-Utah) asked U.S. Treasury Secretary Jacob Lew for the Obama administration’s take...
Will the Internet listen to your private conversations?
Issued: July 29, 2015
Like a lot of teenagers, Aanya Nigam reflexively shares her whereabouts, activities and thoughts on Twitter, Instagram and other social networks...
ECLAC: Latin America, Caribbean to grow just 0.5% in 2015
Issued: July 29, 2015
The countries in Latin America and the Caribbean will grow 0.5% on average in 2015, according to new projections released Wednesday by the Economic...
IMF's Lagarde: World economy fragile, faces downside risks
Issued: July 29, 2015
WASHINGTON — International Monetary Fund chief Christine Lagarde says the world economy is recovering but fragile and "faces some downside...
Federal Home Loan Bank of NY announces 2Q operating highlights
Issued: July 29, 2015
The Federal Home Loan Bank of New York (FHLBNY) released Wednesday its unaudited financial highlights for the quarter ended June 30. ...


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