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Moody’s: Puerto Rico ‘highly likely’ to default on PFC, GDB payments due next month
Issued: July 23, 2015
A recently released report by Moody’s Investors Service presents a grim view of Puerto Rico’s fiscal crisis, saying among its findings that the...
Review: Google photo service is strong on search
Issued: July 23, 2015
Google's new service for organizing and backing up images blends some of the best of what Apple and Yahoo have rolled out in recent months. ...
Commonwealth government transfers hydroelectric dams to the municipality of Comerío
Issued: July 23, 2015
Gov. Alejandro García Padilla signed Senate Bill 1424, by Sen. Ángel Rodríguez Otero, authorizing the transfer of hydroelectric dams Comerío I and...
Treasury awaits revenue to send remaining income-tax refunds
Issued: July 23, 2015
Treasury Secretary Juan Zaragoza confirmed that the thousands of unsent income-tax refunds will be sent "after July," as the government...
Prasa closing in on financing deal to raise more than $700M
Issued: July 23, 2015
Puerto Rico Aqueduct & Sewer Authority (Prasa) Executive President Alberto Lázaro said Wednesday that the utility is aiming to complete a bond...
Condado Plaza hotel’s casino closes its doors
Issued: July 23, 2015
The casino at the Condado Plaza Hilton, which was open 24 hours a day and was one of the most longstanding and emblematic in San Juan’s Condado...
El San Juan Resort & Casino to be restored by new owners
Issued: July 23, 2015
Fundamental Advisors LP, an alternative asset manager, announced Wednesday that along with partners León, Mayer & Co., and Aimbridge Hospitality,...
Report: Social Security disability fund to run dry next year
Issued: July 22, 2015
WASHINGTON — The 11 million Americans who receive Social Security disability face steep benefit cuts next year, the government said Wednesday, handing...
Retiring in Puerto Rico has much to offer, but drawbacks remain
Issued: July 22, 2015
Although Puerto Rico is going through economic difficulties, retiring in the U.S. commonwealth has plenty of positives for those considering retiring...
SBA to host webinar on business preparedness
Issued: July 22, 2015
Human nature—the tendency to believe that a natural or man-made disaster will never occur—often undermines the clear-headed work needed to create a...
105 indicted for RICO Act viloations in Puerto Rico
Issued: July 22, 2015
A nine-count federal indictment was unsealed Wednesday charging 105 defendants with racketeering, drug trafficking, drive-by shooting murders and...
Fiat Chrysler says it has a software fix to prevent hacking
Issued: July 22, 2015
Fiat Chrysler said Wednesday that it has a software fix that will prevent future hacking into the Jeep Cherokee and other vehicles. ...
Caribe Federal ranked among top U.S. co-ops
Issued: July 22, 2015
DepositAccounts has named Puerto Rican cooperative Caribe Federal as one of the top 200 healthiest in the U.S. ...
Time will tell if Apple Watch catches on, as Apple fans wait
Issued: July 22, 2015
For all those who hailed the iPhone as the "Jesus Phone" in 2007, the Apple Watch's arrival has hardly been the second coming. ...
UPR, 4 other universities receive $10M grant to study OCD
Issued: July 22, 2015
The goal of a new $10 million grant awarded to scientists at five universities, including the University of Puerto Rico (UPR) Medical Sciences Campus,...
Eli Lilly: Experimental Alzheimer's drug shows some benefit
Issued: July 22, 2015
Eli Lilly & Co. reported Wednesday that an experimental medication might slow mild Alzheimer's if people take it early enough, one of a...
South Florida bank signs agreement with Cuban bank
Issued: July 22, 2015
POMPANO BEACH, Fla. — A South Florida bank announced it is setting up a correspondent banking relationship with a Cuban financial institution. ...
Associated Press, Movietone to place archives on YouTube
Issued: July 22, 2015
The Associated Press and British Movietone are placing their extensive newsreel archives on YouTube. ...
Hospital Auxilio Mutuo accredited to care for international patients
Issued: July 22, 2015
The nonprofit Spanish Hospital Auxilio Mutuo has received certification from the Medical Tourism Association (MTA) for its Auxilio Global Health...
Milton Segarra appointed to DMAI board
Issued: July 22, 2015
Trade organization Destination Marketing Association International (DMAI) has announced the appointment of Milton Segarra, president and CEO of Meet...
Lufthansa Technik Puerto Rico starts operations
Issued: July 22, 2015
On Tuesday, Lufthansa Technik's new facility in Aguadilla started operations with its first overhaul line. ...
Water rationing hits the south
Issued: July 21, 2015
Puerto Rico Aqueduct and Sewer Authority President Alberto M. Lázaro Castro announced that starting Thursday, the water utility will implement a...
Prepa appoints Quintana Méndez as executive director
Issued: July 21, 2015
The Puerto Rico Electric Power Authority (Prepa) announced Tuesday the designation of Javier Quintana Méndez as the new executive director of the...
Labor Department June report reflects lower unemployment rate
Issued: July 21, 2015
Labor Secretary Vance Thomas announced Tuesday that the unemployment rate was 12.6% at the end of last month, a 0.9% drop when compared to the same...
TripAdvisor ranks Condado Vanderbilt Hotel No. 1 in Puerto Rico
Issued: July 21, 2015
The Condado Vanderbilt has been selected as the number one hotel in Puerto Rico by travel site TripAdvisor, hotel General Manager Nicholas Gold...


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