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New Mi Salud companies to be named
Issued: October 15, 2014
The Puerto Rico government is set to name Wednesday the companies that will manage its Mi Salud (Medicaid) health insurance program covering nearly...
Hurricane strengthens, aims for Bermuda
Issued: October 14, 2014
PHILIPSBURG, St. Maarten — Hurricane Gonzalo grew into a major Category 3 storm Tuesday and is expected to strengthen further as it heads toward...
GDB takes over fund management
Issued: October 14, 2014
The Government Development Bank has taken over full management of the Puerto Rico Government Investment Trust Fund (PRGITF). ...
S&P: Competitiveness could take hit as states cool on new debt issuances
Issued: October 14, 2014
Debt issuance in the majority of U.S. states remains below average, according to a new report by Standard & Poor’s Ratings Services. ...
Gonzalo misses PR, builds over open ocean
Issued: October 14, 2014
Storm warnings were lifted from Puerto Rico and the U.S. Virgin Islands on Tuesday morning as a building Hurricane Gonzalo bypassed the two U.S....
Walmart PR highlights success stories
Issued: October 14, 2014
Walmart Puerto Rico is launching an advertising campaign in which its associates, suppliers and community groups it helps relate how the retailer’s...
Treasury to appeal ruling in Doral case
Issued: October 13, 2014
The Puerto Rico government will appeal a court ruling in favor of Doral Financial Corp. in a $230 million tax fight with the island Treasury...
PR goes big at meetings tradeshow
Issued: October 13, 2014
A delegation of Puerto Rico’s tourism industry, led by Meet Puerto Rico, will participate this week in the fourth edition of IMEX America, the largest...
Fire breaks out on PR-DR flight
Issued: October 13, 2014
A fire broke out on a flight from Puerto Rico to the Dominican Republic on Monday, leaving 13 people with minor injuries. ...
GDB details short-term debt deals as PR’s borrowing costs surge
Issued: October 12, 2014
The Government Development Bank for Puerto Rico (GDB) detailed Friday the sale of $900 million in short-term debt to a syndicate of banks led by...
PR tax haul misses mark through 1Q
Issued: October 12, 2014
Puerto Rico’s tax revenue was up 4 percent during the first quarter of fiscal 2015 (July-September) but missed estimates by $36.4 million, the...
UBS, PR regulator settle funds probe
Issued: October 12, 2014
UBS is paying a $3.5 million “contribution” and offering $1.7 million restitution to closed-end mutual fund clients for losses under a settlement with...
Poll: I-4 Boricuas back statehood
Issued: October 11, 2014
Puerto Ricans in the Boricua stronghold of Central Florida overwhelmingly favor statehood for the U.S. territory, according to a new poll. ...
Court rules for Doral in $230 million tax fight with PR government
Issued: October 10, 2014
A judge in Puerto Rico has ruled in favor of Doral Financial Corp. in its $230 million tax fight with the commonwealth government. ...
Liberty launches multi-platform service
Issued: October 10, 2014
Liberty Puerto Rico on Friday launched a video service that allows access to programming from certain channels through electronic devices such as...
PR cement sales drop 13% in 1Q
Issued: October 10, 2014
Cements sales, a key indicator of Puerto Rico construction activity, dropped by more than 13 percent during the first quarter of fiscal 2015. ...
Caribbean space summit set for launch
Issued: October 10, 2014
Puerto Rico is set to host the Caribbean Space Summit 2014 as the island works to boost its growing aerospace industry. ...
Ruling in Doral, Treasury fight looms
Issued: October 10, 2014
A ruling in the $230 million tax fight between Doral Financial Corp. and the Puerto Rico government could come down as early as this week after both...
Forecasters eyeing disturbance off PR
Issued: October 9, 2014
Forecasters are tracking a tropical disturbance northeast of Puerto Rico that could develop into a named system by the weekend. ...
PR government sells short-term debt
Issued: October 9, 2014
The Puerto Rico government on Thursday sold at least $350 million in short-term notes on Thursday. ...
Bhatia says PR will return to market only when conditions are right
Issued: October 9, 2014
The Puerto Rico government will only return to the municipal bond market when conditions are right, Senate President Eduardo Bhatia said. ...
Cerromar to make way for new hotel
Issued: October 9, 2014
PRISA Group’s big plans to revive the Dorado resort complex include tearing down the 1970s-era Hyatt Cerromar. ...
Dunkin’ Donuts pulls plug on PR stores
Issued: October 9, 2014
Dunkin’ Donuts is shutting down its operations in 18 stores in Puerto Rico after winning a legal fight with local franchisee Wometco. ...
Pierluisi leads territorial push for fair treatment under Affordable Care Act
Issued: October 9, 2014
Resident Commission Pedro Pierluisi has led a letter from the congressional delegates representing the five U.S. territories to the secretary of the...
Atlantic hurricane season weakest in more than 30 years …so far
Issued: October 9, 2014
This year’s Atlantic hurricane season is shaping up to be one of the weakest in decades with only five named storms in the region so far this year. ...


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