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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...
Energy coalition to team up with Fenosa
Issued: July 29, 2015
After more than two years, the Federal Energy Regulatory Committee (FERC) last week authorized the Puerto Rico Electric Power Authority (Prepa) to...
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. ...
Chapter 9 for Puerto Rico: Necessary but not sufficient
Issued: July 29, 2015
Puerto Rico has experienced severe economic problems for several years now. Its economy has been contracting or stagnant at least since 2006, and...
Review: 5 ways Windows 10 fixes annoyances in predecessor
Issued: July 29, 2015
NEW YORK — It took me just a weekend to get comfortable with Microsoft's new Windows 10 operating system, something I never did with its...
García Padilla meets with Republicans seeking support for Chapter 9
Issued: July 29, 2015
Gov. Alejandro García Padilla held several meetings with U.S. congressmen aimed at discussing the economic and fiscal issues affecting the island, La...
SBA loan approvals resume after Congress lifts lending limit
Issued: July 28, 2015
NEW YORK — Small businesses are again able to get loans backed by the federal government. ...
U.S. Rep. Gutiérrez floor speech: Puerto Rico must come up with plan, make Congress act
Issued: July 28, 2015
Rep. Luis V. Gutierrez (D-IL) spoke on the U.S. House floor Tuesday about Puerto Rico and the debt crisis it faces. ...
La Fortaleza warns of insufficient cash flow to meet PFC payment due Aug. 1
Issued: July 28, 2015
La Fortaleza Chief of Staff Víctor Suárez warned Monday, once again, that the government doesn’t have enough cash flow to meet a $57.9 million Public...
Fiscal Times: How hedge funds are profiting from Puerto Rico’s pain
Issued: July 28, 2015
Puerto Rico is in the throes of a fiscal crisis and the U.S. Congress appears unwilling to help.
Governor appoints new public affairs secretary
Issued: July 28, 2015
La Fortaleza Chief of Staff Víctor Suárez announced Tuesday that Gov. Alejandro García Padilla has appointed Jesús Manuel Ortiz Gonzalez as secretary...
Liberty Global schedules investor call for 2Q results
Issued: July 28, 2015
Liberty Global announced Tuesday plans to release its second quarter (2Q) 2015 results on Aug. 4. ...
Popular honored for social responsibility
Issued: July 28, 2015
Popular Inc., for a second-consecutive year, was awarded a Corporate Social Responsibility Leadership Award from Financial Services Roundtable (FSR),...


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