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Report: Puerto Rico has higher than average percentage of middle market firms
Issued: April 15, 2015
Middle market companies are leading job growth, employing more than 50 million people and making a contribution of nearly $6.2 trillion to the U.S....
CHTA outlines plans for new CHIEF event in Puerto Rico
Issued: April 15, 2015
The Caribbean Hotel & Tourism Association has outlined plans for the new Caribbean Hospitality Industry Exchange Forum, an event designed for...
Labor report shows stagnant workforce
Issued: April 15, 2015
The Aguadilla-Isabela, Arecibo, Guayama and Ponce metropolitan areas continue with the same estimated labor force as in January, with a slight...
Prepa announces proposal for extension of forbearance agreements
Issued: April 14, 2015
The Puerto Rico Electric Power Authority (Prepa) announced Tuesday that it has offered to extend the existing forbearance agreements by another 15...
Kennedy Jr., Rep. Serrano see Puerto Rico opportunity in Cuba opening
Issued: April 14, 2015
At a conference held at the University of Puerto Rico’s Río Piedras campus, Robert Kennedy Jr., nephew of the late U.S. President John F. Kennedy, and...
Puerto Rico's utility says no agreement reached with bondholders
Issued: April 14, 2015
Puerto Rico's power authority has not agreed with creditors to extend a forbearance agreement after bondholders sent a proposal late Monday night...
Puerto Rico legislators want quick rescue of power company
Issued: April 14, 2015
 Legislators on Tuesday demanded quicker action to rescue Puerto Rico's public power company, expressing dissatisfaction over the pace of a...
Arlet Aviation signs hangar lease at Roosevelt Roads
Issued: April 14, 2015
Arlet Aviation LLC and the Puerto Rico Ports Authority have signed the first lease of hangar facilities at the former Roosevelt Roads Naval Station. ...
Governor warns of a lower than 16% VAT
Issued: April 14, 2015
Gov. Alejandro García Padilla warned that if the value-added tax (VAT, or IVA by its Spanish acronym) is lowered to less than 16 percent, which the...
Prepa CRO testimony: Agreement with creditors can be reached
Issued: April 14, 2015
Lisa Donahue, the chief restructuring officer of the Puerto Rico Electric Power Authority (Prepa), said in a Senate hearing Tuesday that an agreement...
Seilhamer: Prepa spent more than $25 million in consulting contracts
Issued: April 14, 2015
The spokesman for the New Progressive Party (NPP) in the Senate, Larry Seilhamer, said the Puerto Rico Electric Power Authority (Prepa) hired more...
Hackers keep trying new targets in search of easy data
Issued: April 14, 2015
SAN FRANCISCO — The healthcare sector has become the hot target for hackers in recent months, according to researchers at Symantec, a leading...
Prepa bondholder group offers to extend forbearance agreement for another 30 days
Issued: April 14, 2015
 In continuing their efforts to work  with the Puerto Rico Electric Power Authority (Prepa), Prepa bondholders have offered to extend their...
Guam, Alaska, Hawaii and Puerto Rico revive quest to lower costs of goods
Issued: April 14, 2015
Several Guam senators joined Alaska, Hawaii and Puerto Rico Tuesday morning in a long-distance forum that seeks relief from the high cost of...
Historic Hotels launches summer vacation website
Issued: April 13, 2015
Historic Hotels of America (HHA) has launched a website to plan summer travel. Its “American Dreams” site allows for choosing different vacation...
Oriental Bank expands ATM network with Sharenetv
Issued: April 13, 2015
Oriental Bank, a subsidiary of OFG Bancorp, has selected New York-based Sharenet ATMs to help it expand its ATM network. ...
Wallenda plans to walk on 400-foot Orlando observation wheel
Issued: April 13, 2015
NEW YORK — Daredevil Nik Wallenda says he'll walk untethered on top of a 400-foot observation wheel in Orlando, Florida, this month. ...
Reports: Prepa could further extend forbearance agreement with creditors
Issued: April 13, 2015
The Puerto Rico Electric Power Authority (Prepa) and its creditors could agree as early as Monday to extend their previously negotiated forbearance...
Reports: Puerto Rico hires former IMF staffers to improve transparency
Issued: April 13, 2015
The government of Puerto Rico and the hedge funds that own its bonds are seeking help from former International Monetary Fund (IMF) officials to...
USTelecom files suit against government's new Internet rules
Issued: April 13, 2015
NEW YORK — A legal fight against the Federal Communications Commission's new Internet traffic rules has begun. ...
Link to New York Fed report 'The Causes and Consequences of Puerto Rico's Declining Population'
Issued: April 13, 2015
Puerto Rico’s population has been falling for nearly a decade, and the pace of decline has accelerated in recent years, according to a 2014 study from...
What's in a hotel name? Guests try to decipher the mystery
Issued: April 13, 2015
NEW YORK — Today's traveler faces a bewildering choice of hotel brands with similar-sounding and confusing names. Want to stay at a Hyatt? Take...
Letterman packing his show with stars as end nears
Issued: April 13, 2015
NEW YORK — David Letterman is packing his final 28 shows as a late-night host with a who's who of Hollywood names and favorites leading up to his...
NASA to host Human Exploration Rover Challenge
Issued: April 13, 2015
The annual NASA Human Exploration Rover Challenge will take place April 17-18 at the U.S. Space & Rocket Center in Huntsville, Ala. ...
DACO fines Claro for misleading advertisement
Issued: April 13, 2015
The Consumer Affairs Department (DACO by its Spanish acronym) issued a fine against wireless service provider Claro for violating regulations on...


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