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Gun shop owners plead guilty to fraud
Issued: August 11, 2014
The owners of a Puerto Rico armory pleaded guilty Monday to federal charges tied a fraud scheme to grant firearms licenses to some 1,300 people. ...
EPA: Lajas to upgrade, close landfill
Issued: August 11, 2014
The U.S. Environmental Protection Agency and the Lajas municipal government have reached a legal agreement that will result in numerous upgrades at...
Prasa plans $1.25M Carraízo cleanup
Issued: August 11, 2014
The Puerto Rico Aqueduct & Sewer Authority on Monday launched a $1.25 million cleanup tender to improve capacity at a key San Juan metropolitan...
Fed says reviving PR economy is key to curbing ‘troubling’ population loss
Issued: August 11, 2014
Puerto Rico’s population has been falling for nearly a decade, and the pace of decline has accelerated in recent years, a “troubling” trend that...
New leads in old slaying of sailors in PR
Issued: August 11, 2014
Juan Galloza Acevedo was living a quiet retirement near the suburbs of Puerto Rico’s capital when his radical past finally caught up with him. ...
Casellas sentenced in federal case
Issued: August 11, 2014
Convicted murderer Pablo Casellas Toro was sentenced Monday to a 21-month prison term on his federal conviction for lying about an alleged carjacking...
PR pineapple crop a growing business; USDA offers sweet ‘green’ incentives
Issued: August 11, 2014
Pineapples are emerging again as a popular farming enterprise in Puerto Rico because of a new variety that packs more sweetness and boasts stronger...
Up in smoke: Billions in tobacco-bond debt hanging over PR for decades
Issued: August 11, 2014
Puerto Rico is facing more than $11 billion in principal and interest payments in the coming decades on roughly $1 billion in bonds backed by future...
Deloitte names managing director for PR
Issued: August 11, 2014
Deloitte has named Carlos D’Almeida as the successor to the managing director role of its San Juan practice. He replaces Fernando Nido, retired...
Carmelo Anthony steps up for PR kids
Issued: August 11, 2014
New York Knicks star Carmelo Anthony made his annual summer trip to Puerto Rico over the weekend to unveil another remodeled basketball court in a...
Changes coming to FICO credit scores
Issued: August 11, 2014
NEW YORK — There are changes coming to FICO, a broadly used credit score, that may mean higher credit scores for many consumers. Banks, credit card...
Texas lands SpaceX rocket pad; PR still on radar for future launch sites
Issued: August 10, 2014
Texas has beaten out Puerto Rico and other states in a race to land the world’s first commercial site for orbital rocket launches. ...
NY-bound flight evacuated in PR
Issued: August 9, 2014
An engine fire forced evacuation of a New York-bound JetBlue flight before it could take off on Saturday, Puerto Rico airport officials said. ...
FERC releases Aguirre Gasport draft EIS
Issued: August 9, 2014
A key federal agency published late Thursday a draft environmental impact statement for the Aguirre Offshore Gasport, which represents a significant...
Tax haul tops estimates at FY15 start
Issued: August 8, 2014
Puerto Rico’s fiscal 2015 tax collections rose year-over-year in July and beat estimates for the first month of fiscal 2015, the Treasury Department...
Feds bust $10M mortgage fraud scheme
Issued: August 8, 2014
A federal grand jury in Puerto Rico has handed up an indictment against four suspects in a $10 million mortgage fraud scheme. ...
Fitch: Chapter 9 extension would be positive for PR and its bondholders
Issued: August 8, 2014
The extension of Chapter 9 provisions governing the adjustment of municipal debt in Puerto Rico would be a “positive and important” development for...
USGS: PR rain deficit indicates drought
Issued: August 8, 2014
Tropical Storm Bertha brought heavy rains and a reprieve from water rationing but Puerto Rico still faces drier than usual weather amid a long, hot...
Govt aims for continuity in oversight of Roosevelt Roads redevelopment
Issued: August 8, 2014
Economic Development & Commerce Secretary Alberto Bacó Bagué reiterated this week that the administration of Gov. Alejandro García Padilla...
Law aims to retain young entrepreneurs
Issued: August 7, 2014
Gov. Alejandro García Padilla signed legislation Thursday aimed at keeping young entrepreneurs from leaving the island and stem an exodus of islanders...
Forecasters see slower Atlantic storm season
Issued: August 7, 2014
MIAMI — The Atlantic hurricane season will continue to be even quieter than predicted, thanks to atmospheric and oceanic conditions suppressing storm...
NOAA funding deep exploration off PR
Issued: August 7, 2014
The National Oceanic & Atmospheric Administration has awarded nearly $350,000 to University of Puerto Rico researchers for exploration of deep...
US Treasury: Difficult choices for PR
Issued: August 7, 2014
A U.S. Treasury Department point man on Puerto Rico says the island faces “difficult choices ahead” as it grapples with deep fiscal challenges and...
Fitch affirms notes issued by PR CEFs
Issued: August 7, 2014
Fitch Ratings has reviewed and affirmed the short-and medium-term notes series issued by a dozen Puerto Rico closed-end funds (CEFs) advised by UBS...
Temporary window open on portside IVU
Issued: August 7, 2014
The Puerto Rico Treasury Department has issued a temporary order allowing goods brought into Puerto Rico’s ports to be distributed before paying the...


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