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PR economic index falls again in June; 2.9% full-year drop for fiscal 2014
Issued: August 4, 2014
A key gauge of Puerto Rico’s economy closed fiscal 2014 with a 19th straight drop in June and ended down 2.9 percent compared to the...
Moody’s: PR’s liquidity remains at risk
Issued: August 4, 2014
Downside risks to the “marginally sufficient” liquidity forecast of the commonwealth and the Government Development Bank are on the rise despite the...
Fed: PR should seek reforms — now
Issued: August 4, 2014
The Federal Reserve Bank of New York issued a report on Puerto Rico on Thursday urging changes to a number of policies and practices, and...
NOAA: $322K for PR coral reef program
Issued: August 4, 2014
The National Oceanic & Atmospheric Administration (NOAA) has awarded nearly $322,000 in federal funds for the conservation of coral reefs around...
Sagrado Corazón welcomes new president
Issued: August 4, 2014
Attorney Gilberto Marxuach Torrós assumed his new post as president of Sagrado Corazón University in San Juan on Monday. ...
Popular honored for social responsibility
Issued: August 4, 2014
Popular, Inc. has been was awarded a 2013 Corporate Social Responsibility Leadership Award from financial services industry advocacy organization the...
Water rationing postponed after Bertha rains
Issued: August 3, 2014
Water rationing has been postponed until at least the end of August after Tropical Storm Bertha’s rains raised levels at reservoirs around the island,...
PR manufacturing index plunges in June
Issued: August 3, 2014
Puerto Rico’s vital manufacturing industry plunged to its lowest level in more than four years in June, contracting for a third straight month after...
S&P affirms PR’s GO rating, slashes Prepa on nonpayment concerns
Issued: August 3, 2014
Standard & Poor’s Ratings Services on Thursday affirmed its rating on Puerto Rico’s general obligation bonds but lowered the Puerto Rico Electric...
Obama names Aponte to top US post at Organization of American States
Issued: August 3, 2014
President Barack Obama has named Puerto Rican diplomat Mari Carmen Aponte as the U.S. government’s representative to the Organization of American...
Bertha soaks PR; rationing may wait
Issued: August 2, 2014
Tropical Storm Bertha whipped Puerto Rico with heavy rains and strong winds that knocked out power in parts of the region before swirling over the...
PR braces for rain from tropical storm
Issued: August 2, 2014
Tropical Storm Bertha spun toward Puerto Rico and the Dominican Republic early Saturday after dumping heavy rain across the eastern Caribbean and...
Prepa gets break from bankers amid debt negotiations with bondholders
Issued: August 1, 2014
The Puerto Rico Electric Power Authority said Thursday it is in debt talks with bondholders and has won a narrow window of breathing room from its...
Bertha could postpone water rationing plan
Issued: August 1, 2014
Tropical Storm Bertha approached the Caribbean on Friday as islands in the eastern region prepared for strong winds and heavy rains that would be...
Pierluisi files bill to include PR in Chapter 9 of US Bankruptcy Code
Issued: August 1, 2014
Resident Commissioner Pedro Pierluisi introduced legislation in Congress on Thursday that would empower the government of the U.S. territory of Puerto...
$1.5M for mental health centers in PR
Issued: August 1, 2014
Puerto Rico facilities are in line for a combined $1.5 million in federal funding for mental health centers around the island. ...
Tropical storm warning for PR, USVI
Issued: August 1, 2014
Tropical storm warnings have been issued for Puerto Rico, the U.S. and British Virgin Islands and other nearby islands as Tropical Storm Bertha...
Big fire contained at Bacardi distillery
Issued: July 31, 2014
Firefighters were able to contain a large blaze at the Bacardi rum distillery in Puerto Rico on Thursday. ...
New business rep joins Prepa board
Issued: July 31, 2014
Consumer Affairs Secretary Nery E. Adames Soto announced Thursday the selection of Enid Monge de Pastrana as the representative of commercial and...
PR education firm Dreyfous expanding; $3 million investment; 66 new jobs
Issued: July 31, 2014
Dreyfous & Associates, a Puerto Rico-based company dedicated to the creation, development and implementation of educational materials, announced...
Online entrepreneur plans move to PR
Issued: July 31, 2014
The founder of an online insurance comparison service has gone public with plans to move to Puerto Rico. ...
Water rationing to start in SJ area
Issued: July 31, 2014
Puerto Rico’s government will impose strict water rationing for parts of the island’s capital and surrounding areas next week if a tropical wave...
NWS: Tropical wave bringing rains to PR
Issued: July 31, 2014
A tropical wave in the open Atlantic has a good chance of developing further in the coming days and is expected to bring much-needed rains to Puerto...
Report: Doral aims to sell itself in pieces
Issued: July 30, 2014
Doral Financial Corp. is moving to sell itself off in parts, according to a Bloomberg News report. ...
Governor takes aim at top court over Bar
Issued: July 30, 2014
Gov. Alejandro García Padilla is urging the Legislature to approve a measure blunting the Puerto Rico Supreme Court’s powers after it agreed to take...


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