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GDB taps top law firms as signs point to restructuring
Issued: April 7, 2014
Puerto Rico’s Government Development Bank hired international law firms as speculation mounted that the U.S. territory could restructure its finances...
Top cop union opposes Caldero as chief
Issued: April 7, 2014
Puerto Rico’s main police union came out Sunday against the appointment of retired Col. José Caldero to helm the island Police Department,...
Businessmen charged with tax evasion
Issued: April 7, 2014
Authorities in Puerto Rico have charged two businessmen with tax charges in separate cases as the island government ramps up efforts to crackdown on...
Rincón first PR town to ban plastic bags
Issued: April 7, 2014
The west coast water sports mecca of Rincón has become the first municipality in Puerto Rico to ban plastic shopping bags as it works toward a...
Bacó pitches PR as ‘investment bridge’
Issued: April 7, 2014
The Puerto Rico government is working to position the island as an “investment bridge” between Spain, the United States and Latin America. ...
Governor on working trip to Florida, DC
Issued: April 6, 2014
Puerto Rico Gov. Alejandro García Padilla headed to the U.S. mainland on Sunday for an investment conference in Florida and meetings in Washington....
300-foot Columbus statue going up on PR coast after two-decade odyssey
Issued: April 6, 2014
A Puerto Rico businessman and the Arecibo municipal government are pushing ahead with a multimillion-dollar plan to erect a long-languishing, 300-foot...
Mosquito-borne virus arrives in DR
Issued: April 5, 2014
SANTO DOMINGO, Dominican Republic — Health authorities in the Dominican Republic have reported the first outbreak of a mosquito-borne virus that has...
IHG opens Holiday Inn Express in PR
Issued: April 5, 2014
InterContinental Hotels Group (IHG) has launched the first Holiday Inn Express hotel the Condado tourism district of San Juan. ...
Soldier’s attack mystifies hometown
Issued: April 4, 2014
He grew up in Puerto Rico and played percussion in his high school band. He spent a decade working as a police officer and serving in the National...
Governor picks Caldero as PR’s top cop
Issued: April 4, 2014
Former Col. José Caldero is being brought out of retirement to head the Puerto Rico Police Department. ...
Shooter’s dad: My son wasn’t like that
Issued: April 4, 2014
The father of a gunman who opened fire this week on fellow soldiers at Fort Hood and then shot himself said Friday that he is struggling to comprehend...
PR tax extenders pass key US vote; bid to cap rum rebate use falls short
Issued: April 4, 2014
Sweetened rum rebates for the U.S. Caribbean territories and a deduction on domestic production in Puerto Rico were part of an $85 billion package of...
Sports Authority hitting stride in PR
Issued: April 4, 2014
Retail giant Sports Authority is poised to cut the ribbons on its two new stores in Puerto Rico this weekend. ...
Marine Express lands $6.5M from EDB
Issued: April 4, 2014
Cargo shipper Marine Express has landed $6.5 million in financing from the Puerto Rico government. ...
Crain’s: Popular exiting Chicago market
Issued: April 4, 2014
Popular Inc.’s stateside unit is looking to exit the Chicago market through a sale of its 12-branch Popular Community Bank network in the area,...
Feds seize $43M worth of cocaine near Puerto Rico
Issued: April 4, 2014
U.S. authorities in Puerto Rico have seized $43 million worth of cocaine off the island's southeast coast. ...
Senate seeks clarity on Prepa spending, projects
Issued: April 4, 2014
The Puerto Rico Senate has approved two efforts that seek deeper clarity on the Puerto Rico Electric Power Authority’s finances and expenditures. ...
Argument may have preceded Fort Hood attack
Issued: April 3, 2014
FORT HOOD, Texas — The soldier who killed three people at Fort Hood may have argued with another service member prior to the attack, and investigators...
Prepa unveils plan to cut energy costs
Issued: April 3, 2014
Under growing public and political pressure regarding the high energy costs in Puerto Rico, the Puerto Rico Electric Power Authority (Prepa) presented...
Army: soldier showed no previous violence
Issued: April 3, 2014
FORT HOOD, Texas — The Puerto Rican soldier who killed three people before committing suicide in an attack on the same Texas military base where more...
Fire at Prepa plant quickly put out
Issued: April 3, 2014
A fire broke out at the Puerto Rico Electric Power Authority’s Palo Seco plant in Toa Baja on Thursday morning. ...
Ports Authority eyes bond issue, P3s
Issued: April 3, 2014
The Puerto Rico Ports Authority is planning a return to the bond market after a long absence and is also eyeing new public-private partnerships as its...
Doral board tightens hold on executive pay
Issued: April 3, 2014
The board of directors at Doral Financial Corp. has tightened the reins on executive pay as the San Juan-based company works to return to profitably...
Pierluisi seeks hearings in Congress on GAO report on impact of PR statehood
Issued: April 3, 2014
Resident Commissioner Pedro Pierluisi is pushing for public hearings in Congress on the U.S. Government Accountability Office’s (GAO) newly released...


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