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Fed’s Dudley: Congress should grant Chapter 9 to Puerto Rico
Issued: August 26, 2015
Federal Reserve Bank of New York President William C. Dudley said Wednesday the U.S. Congress should allow Puerto Rico public corporations access to...
Q&A: What to make of the recent volatility in the markets
Issued: August 26, 2015
The wild swings in the stock market this week have sent market volatility levels to heights not seen since the financial crisis. ...
Puerto Rico stocks, Wall Street bounce back in big fashion
Issued: August 26, 2015
After several consecutive days in free-fall, Puerto Rico stocks edged up on Wednesday—with the day’s gains ranging between 2.24% and 12.38%—as Wall...
Facebook testing its own virtual assistant in messaging app
Issued: August 26, 2015
Facebook is the latest technology company to offer users a virtual assistant service. ...
DDEC, Portek finalize Port of the Americas contract
Issued: August 26, 2015
The Puerto Rico Economic Development & Commerce Department (DDEC by its Spanish initials) announced Wednesday a three-year contract...
Second LNG-powered containership launches Aug. 29, to serve Puerto Rico
Issued: August 26, 2015
TOTE 2, the second ship of its kind in the world — powered by liquefied natural gas (LNG) — will launch Aug. 29 in San Diego Bay, Calif., marking an...
Tentative settlement in dispute over RadioShack gift cards
Issued: August 26, 2015
WILMINGTON, Del. — The old adage about looking a gift horse in the mouth may have a corollary regarding gift cards issued by retailers: Use it or lose...
60 Plus Association launches new Puerto Rico bondholder coalition
Issued: August 26, 2015
The 60 Plus Association announced Wednesday the creation of “Main Street Bondholders,” a new bondholder coalition “made up of ordinary investors from...
Microsoft says Windows 10 now on 75 million devices
Issued: August 26, 2015
Microsoft said Wednesday that its new Windows 10 software is running on more than 75 million computers, tablets and other devices — in just under a...
Airfare deals pop up as airlines wage limited fare wars
Issued: August 26, 2015
ABOARD AMERICAN AIRLINES FLIGHT 1223 — Airline fare wars are making a comeback. ...
Cuban official to visit Puerto Rico next month, participate of science conference
Issued: August 26, 2015
The secretary of foreign relations and executive director of the Cuban Academy of Sciences, Dr. Sergio Jorge Pastrana, will visit Puerto Rico next...
Microsoft says Windows 10 now on 75 million devices
Issued: August 26, 2015
SAN FRANCISCO — Microsoft says its new Windows 10 software is running on more than 75 million computers, tablets and other devices — less than a month...
Express reports record 2Q-2015 results
Issued: August 26, 2015
Express Inc., a specialty retail apparel company, released Wednesday its financial results for the second quarter of 2015, with net sales increasing...
Census Bureau begins first test in Puerto Rico ahead of 2020 Census
Issued: August 26, 2015
The Puerto Rico Statistics Institute (PRSI) announced Wednesday the kickoff of the first test conducted by the U.S. Census Bureau in Puerto Rico as...
Skyface Corp. launches haircare line for women
Issued: August 25, 2015
Local beauty products company Skyface Corp. launched a new line of haircare products under the “Miss M” brand, guided by the advice of Magali Febles....
Puerto Rico stocks slide again after Wall Street tumbles 3%
Issued: August 25, 2015
Puerto Rico stocks edged down again on Tuesday, but not as bad as the day before — with the day’s losses ranging between 1.43% and 7.35% — as a strong...
Census Bureau: Puerto Ricans choose Florida most when relocating
Issued: August 25, 2015
Central Florida was the top destination of Puerto Ricans moving from metro San Juan to the mainland two years ago. ...
Three Puerto Rico municipalities using technology to manage brownfields
Issued: August 25, 2015
Brownfields are previously developed sites that have fallen into disuse. Sometimes they are contaminated. Sometimes they bear the legacy of industrial...
DACO supports measure requiring merchants to have more than one type of payment
Issued: August 25, 2015
The Puerto Rico Department of Consumer Affairs (DACO by its Spanish acronym) endorsed Tuesday a Senate bill that seeks commercial establishments to...
Prepa announces new contracts for fuel oil, natural gas
Issued: August 25, 2015
The Puerto Rico Electric Power Authority (Prepa) announced Tuesday it has entered into new supply contracts for fuel oil and natural gas used in its...
Census Bureau reports nearly 1 in 5 movers relocate to a different metro area
Issued: August 25, 2015
About 18% of all movers in the United States and Puerto Rico, totaling 8.5 million people, moved to a different metropolitan area in the last year,...
Best Buy 2Q performance beats analysts' expectations
Issued: August 25, 2015
NEW YORK — Best Buy's turnaround is charging ahead. ...
Congressional Research Service report outlines several options to help Puerto Rico, short of a federal bailout
Issued: August 25, 2015
The most recent report by the Congressional Research Service (CRS) about Puerto Rico’s economic and fiscal challenges outlines several initiatives...
Prasa’s $750M bond deal delayed until further notice
Issued: August 25, 2015
The Puerto Rico Aqueduct & Sewer Authority (Prasa) has backed off for the moment on its plans to raise $750 million in new revenue bonds due to...
Senate to hold public hearing on climate change
Issued: August 25, 2015
Dr. Rafael Méndez, meteorology specialist and member of the United Nations' (UN) Climate Change panel, will appear Wednesday at a Senate public...


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