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Tax reform hearings in final stages
Issued: March 16, 2015

The Puerto Rico House Treasury and Budget Committee, chaired by Rep. Rafael 'Tatito' Hernández, is in the final stage of the public hearing...

SBA launches business challenge for products, services that empower women
Issued: March 16, 2015
Addressing the needs of women and the role they play in the economy, the U.S. Small Business Administration has launched a nationwide competition for...
Cuba, US hold new round of talks on diplomatic ties
Issued: March 16, 2015
HAVANA — U.S. and Cuban diplomats talked behind closed doors Monday in a last-minute round of negotiations aimed at restoring full diplomatic...
ATH Móvil reaches millionth-transaction milestone
Issued: March 16, 2015
Evertec Group and Red ATH announced that money transfer service ATH Móvil reached one million electronic transactions since its launch. ...
San Patricio Plaza increases security measures
Issued: March 16, 2015
Prompted by recent criminal incidents in the vicinity of San Patricio Plaza mall in Guaynabo, shopping mall execs have updated a preventive...
San Juan-Santo Domingo ferry at full steam, plots new routes
Issued: March 16, 2015
Around 100,000 Dominicans and Puerto Ricans have used the passenger and freight services of American Cruise Ferries during the last four years,...
Puerto Rico agencies prepare for dry season
Issued: March 16, 2015
Puerto Rico Aqueduct & Sewer Authority (Prasa) President Alberto Lázaro, Natural & Environmental Resources (DNER) Secretary Carmen Guerrero...
SBA announces National Small Business Week
Issued: March 16, 2015
WASHINGTON – The head of the U.S. Small Business Administration (SBA), Administrator Maria Contreras-Sweet, has announced that this year’s National...
Measures filed to renegotiate public debt, boost economic development
Issued: March 16, 2015
Popular Democratic Party (PDP) Reps. Luis Raúl Torres Cruz, Luis Vega Ramos and Manuel Natal Albelo have introduced seven measures, including a...
Treasury revenue shortfall increases to $121.7 million
Issued: March 16, 2015
Puerto Rico government revenue fell short of expectations in February, missing estimates by $6.5 million and pushing the cumulative shortfall for...
U.S. Armed Forces Reserve Center named after Maj. Gen. Santoni
Issued: March 15, 2015
Hundreds of ssoldiers, civilians and family members from different branches of the U.S. Armed Forces in Puerto Rico gathered at Fort Buchanan ...
Say what? Social Security data says 6.5M in US reach age 112
Issued: March 15, 2015
WASHINGTON — Americans are getting older, but not this old: Social Security records show that 6.5 million people in the U.S. have reached the ripe old...
House to begin adopting tax reform recommendations
Issued: March 15, 2015
House Treasury and Budget Committee President Rafael 'Tatito' Hernández said the chamber will begin Monday making adjustments to the tax...
Oil is on its way down again; will gasoline prices follow?
Issued: March 15, 2015
NEW YORK — The price of oil is on yet another ride down as swelling global supplies overwhelm rising but still relatively weak demand. ...
GDB chief goes to bat for tax reform
Issued: March 15, 2015
Government Development Bank President Melba Acosta has gone to bat for the tax reform during a hearing at the Senate Finance Committee, calling it the...
Going full circle for math and pastries on a special Pi Day
Issued: March 14, 2015
Saturday is the day when love of math and a hankering for pastry come full circle. Saturday is Pi Day, a once-in-a-year calendar date that this time...
Senior US diplomat to return to Cuba for more negotiations
Issued: March 13, 2015
HAVANA — Washington's senior envoy for Latin America is returning to Cuba this weekend for further talks on restoring diplomatic ties. ...
First BanCorp revises earnings
Issued: March 13, 2015
First BanCorp, the bank holding company for FirstBank Puerto Rico, announced the reversal of a significant portion of the valuation allowance recorded...
Spain, Puerto Rico coordinate investment efforts
Issued: March 13, 2015
The Spanish Institute for Foreign Trade (ICEX by its Spanish acronym) is coordinating with Puerto Rico to conduct its first investment mission seeking...
Moody's downgrades University of Puerto Rico
Issued: March 13, 2015
Moody's Investors Service said it downgraded $489 million of University of Puerto Rico University system revenue bonds to Caa2 from Caa1 and $73...
Horizon confirms Ayala Colón deal for port facilities
Issued: March 13, 2015
Horizon Lines announced Wednesday it sold the lease to and equipment at the San Juan port to Luis A. Ayala Colón Sucrs., the second-largest...
Google's safe browsing system targets 'unwanted software'
Issued: March 12, 2015
SAN FRANCISCO — Get ready to see more red warning signs online as Google adds ammunition to its technological artillery for targeting devious schemes...
Website sheds light on political campaign contributions
Issued: March 12, 2015
Abre Puerto Rico, a nonprofit organization financed by private grants, and the Puerto Rico Electoral Comptroller’s Office (OEC by its Spanish acronym)...
Puerto Rico Trench included in global tsunami risk study
Issued: March 12, 2015
A global tsunami risk study that identifies more than 20 subduction zones worldwide capable of generating a giant earthquake and tsunami—similar in...
Average US rate on 30-year mortgage rises to 3.86 percent
Issued: March 12, 2015
WASHINGTON — Average long-term U.S. mortgage rates rose this week yet remained near historic lows reached in May 2013. ...


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