Obama names Aponte to top US post at Organization of American States

President Barack Obama has named Puerto Rican diplomat Mari Carmen Aponte as the ...

S&P affirms PR’s GO rating, slashes Prepa on nonpayment concerns

Standard & Poor’s Ratings Services on Thursday affirmed its rating on Puerto ...

Pierluisi files bill to include PR in Chapter 9 of US Bankruptcy Code

Resident Commissioner Pedro Pierluisi introduced legislation in Congress on Thur ...

Fed: PR should seek reforms — now

The Federal Reserve Bank of New York issued a report on Puerto Rico on Thursday ...

Prepa gets break as talks continue
Issued: July 31, 2014
The Puerto Rico Electric Power Authority has started negotiations with bond ...

Big fire contained at Bacardi distillery
Issued: July 31, 2014
Firefighters were able to contain a large blaze at the Bacardi rum distille ...

New business rep joins Prepa board
Issued: July 31, 2014
Consumer Affairs Secretary Nery E. Adames Soto announced Thursday the selec ...

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 cre ...

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 ...

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 t ...

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 ...

UBS: Damage claims in PR top $600M
Issued: July 30, 2014
UBS is facing more than $600 million in damage claims filed by clients in Puerto Rico who invested in local closed-end bond funds, Switzerla ...

Prepa debt talks intensify as deadline nears
Issued: July 30, 2014
Puerto Rico Electric Power Authority (Prepa) and Government Development Bank (GDB) officials continued to talk with creditors and suppliers ...

PR police retaking reins of academy
Issued: July 30, 2014
Gov. Alejandro García Padilla signed legislation Wednesday that puts the Police Academy squarely back in the hands of the Puerto Rico Police ...

Drought’s toll on PR agriculture at $20M
Issued: July 30, 2014
Drought damages to Puerto Rico’s agriculture industry have reached $20 million, Agriculture Secretary Myrna Comas Pagán said Tuesday.

New law cuts PR holidays from 19 to 15
Issued: July 30, 2014
Gov. Alejandro García Padilla signed legislation Tuesday to cut the number of Puerto Rico government holidays from 19 to 15 per year.

more Local news
In San Francisco real estate, $1M won't buy much
Issued: July 31, 2014
SAN FRANCISCO — San Francisco Association of Realtors President Betty Taisch has two words of advice for those who want to live here and thi ...

Congress races to finish veterans, highway bills
Issued: July 31, 2014
WASHINGTON — Rushing toward the exits, Congress on Thursday scrambled to wrap up legislation addressing the problem-plagued Veterans Affairs ...

As US job market strengthens, many don't feel it
Issued: July 31, 2014
WASHINGTON — The U.S. unemployment rate has plunged since the start of last year to a five-year low of 6.1 percent. And the July jobs report ...

US jobless aid applications rise to 302,000
Issued: July 31, 2014
WASHINGTON — More people sought U.S. unemployment benefits last week, but jobless claims remain at pre-recession levels.

Target names Pepsi's Cornell as chairman, CEO
Issued: July 31, 2014
MINNEAPOLIS — Target is bringing in an outsider as its CEO for the first time as the retailer fights to redefine itself to American shoppers ...

As US economy accelerates, Fed remains cautious
Issued: July 31, 2014
WASHINGTON — After a grim start to 2014, the U.S. economy has rebounded with vigor and should show renewed strength into next year.

US judge slaps $1.3B fine on Bank of America
Issued: July 30, 2014
NEW YORK — A federal judge imposed a $1.3 billion civil penalty against Bank of America on Wednesday for its role in selling risky mortgages ...

Fed offers no clearer hint on first rate increase
Issued: July 30, 2014
WASHINGTON — The Federal Reserve is further slowing the pace of its bond purchases because it thinks an improving U.S. economy needs less he ...

Obama to GOP: 'Stop just hating all the time'
Issued: July 30, 2014
KANSAS CITY, Mo. — Pointing the finger at Republicans for congressional inaction, President Barack Obama chided lawmakers Wednesday for spen ...

A more vigorous US economy appears to be emerging
Issued: July 30, 2014
WASHINGTON — The U.S. economy has rebounded with vigor from a grim start to 2014 and should show renewed strength into next year.

GOP blocks tax hike on firms moving overseas
Issued: July 30, 2014
WASHINGTON — Republican senators blocked an election-year bill Wednesday to limit tax breaks for U.S. companies that move operations oversea ...

UCLA wades through damages from pipe flooding
Issued: July 30, 2014
LOS ANGELES — The quiet summer campus of UCLA suddenly was steeped in water and chaos after a major water pipe burst and spewed some 8 milli ...

Revised data: US grew faster in 2nd half of 2013
Issued: July 30, 2014
WASHINGTON — Fueled by healthier consumer spending, the U.S. economy grew in the second half of last year at the strongest pace in a decade ...

Billions of GI Bill funds go to for-profit schools
Issued: July 30, 2014
WASHINGTON — Iraq and Afghanistan veterans have flocked to for-profit colleges, including a troubled chain that is closing or selling its ca ...

more National news
Default fuels uncertainty, stock drop in Argentina
Issued: July 31, 2014
BUENOS AIRES, Argentina — Stocks fell sharply in Argentina on Thursday as the country entered into economic uncertainty with its second defa ...

US, UN announce deal on 72-hour Gaza cease-fire
Issued: July 31, 2014
JERUSALEM — Israel and Hamas have agreed to a 72-hour humanitarian cease-fire beginning Friday, during which time there will be negotiations ...

Dow plunges as multiple worries vex investors
Issued: July 31, 2014
NEW YORK — For stock investors, the red flags were everywhere on Thursday.

Top UN aid official urges daily 'pauses' in Gaza
Issued: July 31, 2014
UNITED NATIONS — The U.N. humanitarian chief is calling for daily "humanitarian pauses" in Gaza until a long-term cease-fire is re ...

Russia tensions hurting European companies
Issued: July 31, 2014
BERLIN — Russia's standoff with the West is hurting European companies, from heavy industry to sports goods makers, even before the late ...

Eurozone inflation down again but ECB seen on hold
Issued: July 31, 2014
BRUSSELS — The inflation rate in the 18-nation eurozone dropped again in July, official data showed Thursday, in a worrying sign that adds p ...

Argentina slides into default as debt talks fail
Issued: July 31, 2014
NEW YORK — The collapse of talks with U.S. creditors sent Argentina into its second debt default in 13 years and raised questions about what ...

Ratings agency: Argentina in 'selective default'
Issued: July 30, 2014
NEW YORK — Standard & Poor's says some Argentine bonds are in 'selective default' in what could be the start of a wave of do ...

Argentines shrug off risk of default
Issued: July 30, 2014
BUENOS AIRES, Argentina — In 2001, it was ground zero for Argentina's financial earthquake. A neo-colonial architectural gem built long ...

Shelling of UN school kills 15 as Gaza war rages
Issued: July 30, 2014
JEBALIYA REFUGEE CAMP, Gaza Strip — Israeli tank shells slammed into a crowded U.N. school sheltering Gazans displaced by fighting on Wednes ...

Leaders of Spain, Catalonia hold secession talks
Issued: July 30, 2014
MADRID — The leader of the economically powerful Catalonia region held firm in a meeting with Spain's prime minister on Wednesday, sayin ...

Russia counts cost of new economic sanctions
Issued: July 30, 2014
MOSCOW — Russia blasted the West's new economic sanctions on Wednesday, accusing the U.S. of being "prosecutorial" in its driv ...

Catalan leader insists on holding secession vote
Issued: July 30, 2014
MADRID — The leader of Spain's economically powerful Catalonia region has told Spanish Prime Minister Mariano Rajoy he intends pushing a ...

US bars some Venezuela officials from US travel
Issued: July 30, 2014
WASHINGTON — Citing political instability, the State Department is imposing new restrictions on travel to the United States by Venezuelan go ...

more International news