Apple’s Tim Cook: ‘I’m proud to be gay’

NEW YORK — Apple CEO Tim Cook says he’s proud to be gay.

PR slides in World Bank’s doing business rankings

Puerto Rico slid to 47 out of 189 countries in the World Bank’s latest survey on ...

PR claims against UBS now top $900M

Claims against UBS from investors in Puerto Rico closed-end municipal bond funds ...

Doral files capital, contingency plans with FDIC

Doral Bank filed Wednesday its required capital restoration and contingency plan ...

Carlos Romero Barceló
Prepa’s mess
Manuel A. Casiano
Publisher’s Open Letter
OFG chief: PR economy is stabilizing
Issued: October 30, 2014
OFG BanCorp. President & CEO José Fernández says the Puerto Rico econom ...

Moody’s: PR reliant on bond market access despite punitive borrowing costs
Issued: October 30, 2014
The Government Development Bank’s latest liquidity forecast is credit negat ...

Governor heads delegation at White House
Issued: October 29, 2014
Puerto Rico Gov. Alejandro García Padilla led a high-level delegation in a ...

PR files appeal in $230M Doral case
Issued: October 29, 2014
The Puerto Rico government has made good on its pledge to keep fighting in ...

PR may surge oil tax to back bonds
Issued: October 29, 2014
Puerto Rico may sharply increase its petroleum tax to $15.50 per barrel to back a bond deal of as much as $2.9 billion.

Justice chief signals PR won’t fight same-sex marriage in US high court
Issued: October 29, 2014
Puerto Rico Justice Secretary César Miranda is signaling that the island government wouldn’t pursue its opposition to same-sex marriage all ...

OFG Bancorp to ring NYSE closing bell
Issued: October 29, 2014
OFG Bancorp and its subsidiary, Oriental Bank, will mark a milestone when it rings the closing bell on the New York Stock Exchange on Thursd ...

Manatee dies after being hit off PR
Issued: October 29, 2014
A manatee rescued last weekend at a beach on Puerto Rico’s northeastern coast has died despite the efforts of veterinarians from the U.S. co ...

Disney Cruises sailing out of PR in 2016
Issued: October 29, 2014
Disney Cruise Lines is steering back to Puerto Rico as the launching pad for southern Caribbean cruises in 2006.

Judge tosses case against Prepa ex-officials
Issued: October 28, 2014
A judge has tossed charges against two former Puerto Rico Electric Power Authority officials related to an alleged scheme involving renewabl ...

PR fiscal team headed to DC
Issued: October 28, 2014
Top Puerto Rico government fiscal officials are heading to Washington, D.C. on Tuesday for meetings with White House economic officials.

FirstBank net rises to $23.2M in 3Q
Issued: October 28, 2014
First BanCorp, the bank holding company for FirstBank Puerto Rico, reported net income of $23.2 million for the third quarter of 2014, or $0 ...

30,000 acres identified for sugarcane
Issued: October 28, 2014
The Puerto Rico government has identified some 30,000 acres for its effort to revive the island’s sugarcane industry.

TV show filming pumps $7.3M into PR
Issued: October 28, 2014
Filming on the pilot for the Sony Pictures TV series “Mad Dogs” has pumped $7.3 million into Puerto Rico’s economy, according to the Economi ...

more Local news
For-profit colleges face ‘gainful employment’ rule
Issued: October 30, 2014
WASHINGTON — For-profit colleges that don’t produce graduates capable of paying off their student loans could soon face the wrath of the fed ...

Yellen: Awareness of economists' diversity needed
Issued: October 30, 2014
WASHINGTON — Federal Reserve Chair Janet Yellen says she wants to raise awareness of the need for diversity among economists, with relativel ...

Obama on Ebola fight: US can't seal itself off
Issued: October 29, 2014
WASHINGTON — Pushing to confront Ebola at its West African source, President Barack Obama said Wednesday the United States was not immune to ...

Fed ends bond buying and cites brighter job market
Issued: October 29, 2014
WASHINGTON — The Federal Reserve cited an improving economy Wednesday as it ended its landmark bond-buying program and pointed to gains in t ...

NYC hatchet attack called terrorism, but why?
Issued: October 29, 2014
NEW YORK — What police have labeled the latest act of terror in New York City didn't involve an international conspiracy, a high-profile ...

Fed keeps rate at record low, ends bond buying
Issued: October 29, 2014
WASHINGTON — The Federal Reserve plans to keep a key interest rate at a record low to support a U.S. job market that's improving but sti ...

9 first-time Latino candidates run for Congress
Issued: October 29, 2014
WASHINGTON — First-time congressional candidate Norma Torres tells people in her Los Angeles-area district that there is no more critical ti ...

Developer secures funds to build 3 WTC
Issued: October 29, 2014
NEW YORK — Developer Larry Silverstein has secured the funds to build his long-planned 3 World Trade Center.

Fed is expected to signal no rate hikes imminent
Issued: October 29, 2014
WASHINGTON — The global economy has stumbled, and financial markets have endured some stomach-churning moments. But that doesn’t mean the Fe ...

Where's czar? Ebola raises management questions
Issued: October 28, 2014
WASHINGTON — President Barack Obama's commander in the fight against Ebola was expected to operate below the public radar. But did that ...

Stocks rise as profits, confidence index climb
Issued: October 28, 2014
NEW YORK — Strong corporate earnings pushed up stocks across industries on Tuesday, with the energy sector and small companies leading the g ...

Now in aisle 3 at Lowe's: robots
Issued: October 28, 2014
NEW YORK — The robots are coming.

FTC says AT&T misled customers with unlimited data
Issued: October 28, 2014
WASHINGTON — AT&T is being sued by the government over allegations it misled millions of smartphone customers about its unlimited data p ...

How well did the Fed’s stimulus work?
Issued: October 28, 2014
NEW YORK — Soaring inflation. A collapsing dollar. Bubbles in financial markets that would soon pop. One presidential candidate even suggest ...

more National news
Survey: Asia finds money brings happiness
Issued: October 30, 2014
SINGAPORE — Emerging Asian nations are finding out what developed ones did years ago: money — and the stuff it buys — brings happiness.

Cuba tries to drive up fertility amid baby slump
Issued: October 29, 2014
HAVANA — Daymarys González’s first attempt to have a child ended with an ectopic pregnancy at age 31. She stopped trying to conceive after a ...

Sanofi ousts CEO over management style, sales drop
Issued: October 29, 2014
PARIS — French drugmaker Sanofi sacked its CEO Wednesday following a board room rift over his way of handling one of France's largest pu ...

Venezuela's government recalls ambassador to Spain
Issued: October 28, 2014
CARACAS, Venezuela — Venezuela's socialist government on Tuesday recalled for consultations its ambassador to Spain to protest Prime Min ...

UN General Assembly condemns US Cuba embargo
Issued: October 28, 2014
UNITED NATIONS — The United Nations General Assembly has voted for the 23rd year in a row to condemn the U.S. commercial, economic and finan ...

US gains in gender equality ranking
Issued: October 28, 2014
NEW DELHI — Indian women still face some of the world’s worst inequality in access to health care, education and work, despite years of rapi ...

5,000 Ebola health care workers needed in W Africa
Issued: October 28, 2014
ADDIS ABABA, Ethiopia — More than 5,000 additional health care workers are needed to fight Ebola in the three most affected countries in Wes ...

Spain moves to halt Catalonia secession vote
Issued: October 28, 2014
MADRID — Spain's government plans to ask the country's Constitutional Court to block the wealthy northeastern region of Catalonia ...

Cuba builds first new church in 55 years
Issued: October 27, 2014
HAVANA — The Catholic Church says Cuba has allowed construction of the country's first new Catholic church in 55 years. Experts say it&# ...

The SUV goes from All-American to global star
Issued: October 27, 2014
DETROIT — Once a hulking symbol of American excess, sport utility vehicles are quickly becoming the world’s favorite way to get around.

Brazilian President Rousseff is re-elected
Issued: October 26, 2014
RIO DE JANEIRO — Brazil's left-leaning President Dilma Rousseff was re-elected Sunday in the tightest race the nation has seen since its ...

13 European banks flunk test, must raise money
Issued: October 26, 2014
FRANKFURT, Germany — The European Central Bank says 13 of Europe’s 130 biggest banks have flunked an in-depth review of their finances and m ...

WHO: Number of Ebola-linked cases passes 10,000
Issued: October 25, 2014
DAKAR, Senegal — More than 10,000 people have been infected with Ebola, according to figures released Saturday by the World Health Organizat ...

Venezuelans brace for slump in oil prices
Issued: October 25, 2014
CARACAS, Venezuela — The falling oil prices that are providing relief to drivers around the world threaten to bring more misery to the life ...

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