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Prepa gets lifelines from banks and bondholders in exchange for reforms
Issued: August 16, 2014
The Puerto Rico Electric Power Authority has struck deals with bondholders and creditors that will give it liquidity but require a restructuring of...
US regulators probing Doral filings
Issued: August 15, 2014
Federal regulators are investigating Doral Financial Corp.’s financial filings. ...
Former SIP to probe Prepa oil buying
Issued: August 15, 2014
The Puerto Rico Senate has tapped a former special independent prosecutor as lead investigator in a legislative probe of the Puerto Rico Electric...
Fitch: Shifting investor mix divides widening PR bond market
Issued: August 15, 2014
The number of hedge funds trading Puerto Rico bonds is increasing, although exposure to specific credits has become divided by whether they support or...
All-new 2015 Chrysler 200 debuts at PR Convention Center
Issued: August 15, 2014
Hailed as the new face of Chrysler, Chrysler Group representatives took the wraps off the all-new 2015 Chrysler 200 sedan during a special event held...
Colgate-Palmolive, dentists schools team up
Issued: August 14, 2014
Colgate-Palmolive, the College of Dental Surgeons of Puerto Rico, the School of Dental Medicine of the University of Puerto Rico and the Education...
PR routs Australia 16-3 in Little League
Issued: August 14, 2014
SOUTH WILLIAMSPORT, Pa. — Abimael Torres hit a grand slam in Puerto Rico's 13-run first inning in a 16-3, four-inning victory over Australia on...
Businessman pleads guilty to bribing judge
Issued: August 14, 2014
A Puerto Rico businessman has pleaded guilty to bribing a Superior Court judge to secure his acquittal in a fatal drunk-driving case. ...
NBA’s Barea rolls out branded sunglasses
Issued: August 14, 2014
Puerto Rican basketball player J.J. Barea has launched a limited edition line of branded sunglasses. ...
Governor on official trip to states
Issued: August 14, 2014
Gov. Alejandro García Padilla left Puerto Rico for the U.S. mainland on Thursday to attend the annual meeting of the Southern Governors Association. ...
PGA Tour swinging back in 2015 for eighth edition of Puerto Rico Open
Issued: August 14, 2014
The PGA Tour released its 2014-15 schedule on Wednesday and its slate of 47 tournaments includes a swing through Puerto Rico for an eighth straight...
Firms reach deal on PR solar project
Issued: August 14, 2014
Greenbriar Capital is acquiring full control of a 100MW solar project in Puerto Rico it launched with Alterra Power last year. ...
Ex-Fortaleza worker facing charges
Issued: August 14, 2014
A former La Fortaleza employee is facing criminal charges for allegedly using an official credit card for at least $17,000 in personal expenses. ...
Broken pipe leaves taps dry in SJ
Issued: August 14, 2014
A broken pipeline in San Juan left parts of Santurce, Condado, Isla Verde and Piñones without water service on Thursday. ...
Judge sets dates in Recovery Act case
Issued: August 14, 2014
The timeframe of federal court proceedings in the legal challenge of Puerto Rico’s new Recovery Act is taking shape as a judge ordered both sides the...
Column: PR needs federal control board
Issued: August 14, 2014
A former high-ranking U.S. State Department official is pushing for more attention from Washington on Puerto Rico’s debt crisis. ...
DOJ: Congress has ‘full and complete’ legislative authority over territories
Issued: August 14, 2014
The U.S. Department of Justice has reaffirmed Puerto Rico’s status as an unincorporated territory of the United States in a legal brief filed in a...
Navales named VP at Toyota de PR
Issued: August 14, 2014
Local distributor Toyota de Puerto Rico Corp. (TDPR) has named Nancy Navales the company’s new vice president, TDPR President George Christoff...
Oriental rolls out new ads, online services
Issued: August 13, 2014
Oriental Bank has launched a new $2 million institutional campaign, “Vive la Diferencia” (experience the difference), which emphasizes in the bank’s...
Old City’s iconic Mallorquina reopening
Issued: August 13, 2014
Old San Juan’s iconic La Mallorquina is set to reopen under new ownership in October nearly three years after the historic restaurant was shuttered. ...
Meet PR sees solid fall season; events mean $14.3M shot for island economy
Issued: August 13, 2014
Puerto Rico was selected to host 49 events including, conferences, annual meetings and sports activities for this fall season, representing an...
PR creditor group up to $300B in assets
Issued: August 13, 2014
A group of hedge funds that have publicly backed the island government’s fiscal efforts has reached 27 total members with capital under management in...
Talks aimed at extending Prepa credit lines through end of the year
Issued: August 13, 2014
Puerto Rico Electric Power Authority (Prepa) and Government Development Bank (GDB) officials are in talks with creditors to extend $671 million in...
New-auto sales plummet 20.5% in July
Issued: August 13, 2014
Island auto distributors reported the sale of only 6,448 units in Puerto Rico and the U.S. Virgin Islands (USVI) in July, down by 1,662 units, or...
Suit: Prepa doesn’t have to default
Issued: August 13, 2014
Mutual funds mounting a legal challenge against Puerto Rico’s new restructuring law are aiming to amend their lawsuit to include arguments that the...


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