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Top Democrat on Senate Judiciary Committee to cosponsor Puerto Rico Chapter 9 Uniformity Act
Issued: July 21, 2015
Resident Commissioner Pedro Pierluisi announced Tuesday that Sen. Patrick Leahy of Vermont, the Ranking Democrat on the Senate Judiciary Committee,...
U.S. Senate Finance Committee approves two-year rum-rebate, CFC look-through extension
Issued: July 21, 2015
The U.S. Senate Finance Committee held Tuesday a markup session to vote on the fate of several tax-extender provisions pertaining to manufacturing...
Europe approves Amgen's first-in-class cholesterol drug
Issued: July 21, 2015
WASHINGTON — Amgen on Tuesday received European approval for its first-of-a-kind cholesterol drug that lowers levels of the artery-clogging substance...
SBA offers disaster loans following Agriculture secretary declaration
Issued: July 21, 2015
The U.S. Small Business Administration announced Tuesday that federal economic injury disaster loans are available to small businesses, agricultural...
Puerto Rico listed in Christie’s list of emerging, resurgent luxury market
Issued: July 21, 2015
Every cloud has a silver lining.

While the Puerto Rico government has acknowledged in recent weeks that its $72.2 billion...

Cash-flow woes could prompt gov’t to miss PFC debt payment
Issued: July 21, 2015
Puerto Rico government officials stated Monday that the Public Finance Corp. (PFC) debt payment due Aug. 1 wouldn’t be met as of today due to the...
Data on shrinking population and its impact on educational services revealed
Issued: July 21, 2015
The population loss in Puerto Rico, mainly among those younger than 24-years-old, has dramatically changed school demographics in Puerto Rico, to the...
Bacardí launches 'Tangerine' to mark 20th anniversary of flavored rum line
Issued: July 21, 2015
Bacardí rum announced Tuesday the latest addition to the brand's flavored rum family, Bacardí Tangerine. ...
CRIM opens information centers in Plaza Las Américas, Mayagüez Mall
Issued: July 21, 2015
The executive director of the Municipal Revenue Collections Center (CRIM by its Spanish acronym), Víctor Falcón Dávila, announced the opening of two...
OMB director assures fewer government contracts
Issued: July 21, 2015
The director of the Office of Management and Budget (OMB), Luis Cruz Batista, said the government cut spending on professional and purchased services....
Visitors to Havana can find US-Cuban connections everywhere
Issued: July 21, 2015
HAVANA — This week's reopening of embassies and resumption of diplomatic relations between the United States and Cuba opens a new chapter in the...
S&P lowers Public Finance Corp. to 'CC'; all tax-backed debt on negative watch
Issued: July 21, 2015
Standard & Poor's Ratings Services has lowered its 'CCC-' rating on Puerto Rico Public Finance Corp. (PFC) series 2011A and B and...
Fitch: Strains on Puerto Rico's banks eased by U.S. umbrella
Issued: July 21, 2015
The protection of U.S. regulatory oversight over Puerto Rico's banks, including U.S. federal deposit insurance and the intervention authority of...
60 Plus calls for U.S. Congress-appointed control board for Puerto Rico
Issued: July 20, 2015
In a statement released Monday, the 60 Plus Association quoted Gov. Alejandro García Padilla’s words in a 2013 advertisement in the Wall Street...
Puerto Rico Healthcare Crisis Coalition launches ad campaign urging Washington to prevent system's collapse
Issued: July 20, 2015
The Puerto Rico Healthcare Crisis Coalition launched a new wave of Washington, D.C. based advertising Monday as part of a major campaign calling on...
Grievances persist despite start of new era in US-Cuba ties
Issued: July 20, 2015
WASHINGTON — The Cuban national flag fluttered in the Washington sun Monday as the U.S. and Cuba formally ended more than a half-century of...
Another month, another global heat record broken — by far
Issued: July 20, 2015
Earth dialed the heat up in June, smashing warm temperature records for both the month and the first half of the year. ...
Studies: Better sleep may be important for Alzheimer's risk
Issued: July 20, 2015
To sleep, perchance to... ward off Alzheimer's? New research suggests poor sleep may increase people's risk of Alzheimer's disease, by...
Office of Management & Budget director uncertain if $94 million debt will be paid to Public Finance Corp.
Issued: July 20, 2015
The director of the Office of Management & Budget (OMB), Luis Cruz Batista, did not say Monday whether the $94 million debt owed to bondholders of...
Power companies to D.R. government: Pay $800M or face 'financial blackouts'
Issued: July 20, 2015
SANTO DOMINGO
Arecibo Observatory makes first detailed images of rare asteroid
Issued: July 20, 2015
Scientists at the world famous Arecibo Observatory have made the first detailed images of Asteroid 2011 UW158, which has impressed the scientific...
Fitch: Puerto Rico holdings small for most muni closed-end funds
Issued: July 20, 2015
Puerto Rico's longstanding and deepening fiscal challenges led most closed-end municipal bond funds (CEF) to reduce holdings of the debt of the...
Telecom alliance objects to Prepa, Prasa Internet efforts
Issued: July 20, 2015
The Puerto Rican Telecommunications Alliance (APT for its Spanish initials) claimed Monday that the Puerto Rico Electric Power Authority (Prepa) is...
USDA announces funding, changes to its biorefinery and biobased-product program
Issued: July 20, 2015
U.S. Agriculture Secretary Tom Vilsack announced that the USDA is accepting applications for funding under a program that supports the production of...
First BanCorp to announce 2Q results, hold conference call July 30
Issued: July 20, 2015
First BanCorp, the bank holding company for FirstBank Puerto Rico, announced Monday that it expects to report its financial results for the second...


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