Governor signs fiscal 2016 budget into law

La Fortaleza announced Wednesday that Gov. Alejandro García Padilla has signed t ...

Government updates financial information, estimates fiscal 2015 deficit at more than $700M

The Puerto Rico government filed late Tuesday a supplement to its quarterly repo ...

Several key measures fail to secure legislative passage

During the last day of the Legislature’s current session, Puerto Rico lawmakers ...

Prepa set to accelerate infrastructure overhaul; New Energy Coalition, utility about to sign nondisclosure agreements

The 11th-hour negotiations between the Puerto Rico Electric Power Authority (Pre ...

Solid hiring expected for June as US job market nears normal
Issued: July 2, 2015
WASHINGTON — U.S. employers likely hired at another strong pace in June, a ...

Reelz comes to the rescue of homeless Miss USA pageant
Issued: July 2, 2015
LOS ANGELES — The Reelz channel is coming to the rescue of Donald Trump' ...

Top American diplomat in Cuba in line to head new embassy
Issued: July 2, 2015
HAVANA — From his office high above Havana, Jeffrey DeLaurentis has a sweep ...

Many but not all in GOP object as US, Cuba plan embassies
Issued: July 2, 2015
WASHINGTON — Loud but hardly universal catcalls from Republicans underscore ...

Most Puerto Rico stocks rebound after 2-day sell-off
Issued: July 1, 2015
The stocks of three of five local companies that make up the Puerto Rico Stock Index—including three banks, a health insurance provider and ...

Hispanic PR Association announces call for entries for BRAVO awards
Issued: July 1, 2015
The Hispanic Public Relations Association (HPRA) announced the call for entries for the HPRA National BRAVO! Awards. Hosted in New York City ...

US probes possible collusion among airlines to keep fares up
Issued: July 1, 2015
WASHINGTON — The U.S. government is investigating possible collusion among major airlines to limit available seats, which keeps airfares hig ...

Liberty banks on Chile, Puerto Rico operations with tracking stock
Issued: July 1, 2015
Liberty Global plc announced Wednesday that it completed its distribution of the tracking stock for its operations in Latin America and the ...

Overcoming hostilities, US and Cuba to open embassies
Issued: July 1, 2015
WASHINGTON — After more than a half-century of hostility, the United States and Cuba declared Wednesday they will reopen embassies in each o ...

La Fortaleza Chief of staff: Some agencies to undergo major changes, some municipal offices may close
Issued: July 1, 2015
Agency consolidation, municipal office closures and providing more government services online were some of the "profound changes" ...

Applications open for ‘One in a Million’ startup competition
Issued: July 1, 2015
Thousands of entrepreneurs have pitched their startup business ideas at 1 Million Cups programs held each week in 71 U.S. cities and Puerto ...

Moody’s economist: Puerto Rico crisis won’t lead to significant U.S. muni market fallout
Issued: July 1, 2015
Mark Zandi, a chief economist at Moody’s Analytics who compiles payroll company ADP’s monthly U.S.

Prepa makes $415M payment; gets forbearance agreement extension until Sept. 15
Issued: July 1, 2015


Worried Puerto Rico investors considering moving accounts stateside; fears unfounded financial experts say
Issued: July 1, 2015
Gov. Alejandro García Padilla’s recent announcement that Puerto Rico’s $72.2 billion debt load is “not payable” has resulted in concerns amo ...

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Macy's dumps Trump; New York City reviewing contracts
Issued: July 2, 2015
LOS ANGELES — The Macy's department store chain joined an ongoing exodus from association with Donald Trump and New Mexico's governo ...

What crisis? Stronger banks, economies ease fear over Greece
Issued: July 2, 2015
The prospect of a Greek crackup isn't so terrifying anymore.

US stocks gain as Greece appears to be willing to negotiate
Issued: July 1, 2015
NEW YORK — Hopes that a deal could be reached between Greece and its creditors pushed stocks higher on Wednesday.

US sues to block GE appliance business sale to Electrolux
Issued: July 1, 2015
NEW YORK — The U.S. government is suing to stop Electrolux from buying General Electric's appliance division, saying the combined compan ...

SUVs, muscle cars help auto industry maintain momentum
Issued: July 1, 2015
DETROIT — Americans again bought vehicles that sit up high and come loaded with features like backup cameras and smartphone capabilities in ...

US construction spending rises 0.8 percent in May
Issued: July 1, 2015
WASHINGTON — U.S. construction spending posted a solid gain in May, pushing total activity to the highest point since the fall of 2008, with ...

US manufacturing growth improves in June; hiring jumps
Issued: July 1, 2015
WASHINGTON — U.S. manufacturing growth improved in June, helped by a jump in employment.

Trade schools have to find grads jobs, or lose financial aid
Issued: July 1, 2015
WASHINGTON — Exotic dancers hired as admissions counselors. Recruiters told to seek out "impatient" individuals who have "few ...

Fiat Chrysler, Nissan report strong June US sales
Issued: July 1, 2015
DETROIT — Nissan's U.S. sales rose more than 13 percent in June, while Fiat Chrysler posed an 8 percent gain as the auto industry headed ...

Survey: US businesses step up hiring in June to 237,000
Issued: July 1, 2015
WASHINGTON — U.S. businesses added jobs at a robust pace in June, a private survey found, evidence that rising consumer spending and a healt ...

A closer look at Jeb Bush's tax returns, personal finances
Issued: June 30, 2015
WASHINGTON — Republican presidential candidate Jeb Bush on Tuesday posted more than three decades of tax returns online, revealing he has ea ...

US stocks edge higher as investors follow Greek debt talks
Issued: June 30, 2015
NEW YORK — The U.S. stock market stabilized on Tuesday as investors followed the latest developments in the Greek debt saga.

Will latest inflammatory comments tarnish Trump's brand?
Issued: June 30, 2015
NEW YORK — Is Donald Trump's business empire as Teflon-coated as his hair appears to be? ...

Christie opens 2016 campaign, long climb ahead
Issued: June 30, 2015
LIVINGSTON, N.J. — New Jersey Gov. Chris Christie opened his 2016 campaign for president Tuesday and, never one to aim small, declared he ...

more National news
Global stocks gain as US data eclipse Greek risk
Issued: July 2, 2015
SEOUL, South Korea — Global stocks rose on Thursday as expectations for solid U.S. jobs data overshadowed worries about Greek debt.

Greek vote campaign begins amid grinding cash crisis
Issued: July 2, 2015
ATHENS, Greece — The battle for Greek votes entered full swing Thursday ahead of a crucial weekend referendum that could decide whether the ...

Barcelona mayor halts new tourist accommodation licenses
Issued: July 2, 2015
MADRID — Barcelona's new leftist mayor Thursday temporarily halted the issuing of new licenses for tourist accommodation while new regul ...

French court: No compensation over faulty breast implants
Issued: July 2, 2015
PARIS — A French appeals court ruled Thursday that a German product-testing company does not have to compensate more than 3,000 women with l ...

Pension pinch: Elderly Greeks stand on line to get cash
Issued: July 1, 2015
ATHENS, Greece — Don't mention the golden years to Michaelis Kotaras. Not after the 78-year-old got up early Wednesday to stand in line, ...

Asian stocks higher as investors watch Greek debt talks
Issued: July 1, 2015
TOKYO — Asian shares rose on Wednesday as investors watched to see the next step as Greece fell into arrears after failing to make a debt re ...

Greece proceeds with vote plan as creditors rebuff overture
Issued: July 1, 2015
ATHENS, Greece — Greece's government pressed ahead Wednesday with its plan to put austerity measures to voters after European creditors ...

Indonesia plane crash death toll 141 as search effort ends
Issued: July 1, 2015
MEDAN, Indonesia — Indonesia's air force promised Wednesday to investigate whether the aging transport plane that crashed into a city ne ...

Militants attack Egyptian army checkpoints in Sinai, kill 50
Issued: July 1, 2015
EL-ARISH, Egypt — Islamic militants on Wednesday unleashed a wave of simultaneous attacks, including suicide car bombings, on Egyptian army ...

Toyota, Nissan, Honda back hydrogen stations for fuel cells
Issued: July 1, 2015
TOKYO — Toyota, Nissan and Honda are working together to get more fuel cell vehicles on roads in what they call Japan's big push toward ...

Toyota's top female executive resigns after arrest in Japan
Issued: July 1, 2015
TOKYO — Julie Hamp, Toyota's most senior female executive, has resigned following her arrest in Japan on suspicion of drug law violation ...

Russia halts gas supply to Ukraine amid pricing dispute
Issued: July 1, 2015
MOSCOW — The Russian gas company Gazprom halted supplies to neighboring Ukraine on Wednesday after the collapse of pricing talks, a company ...

China scrambles to reassure jittery stock traders
Issued: July 1, 2015
BEIJING — Chinese authorities are scrambling to reassure jittery investors after soaring stock markets plunged, threatening to set back econ ...

European markets surge on Greek deal hopes
Issued: July 1, 2015
LONDON — Hopes that a deal between Greece and its creditors could be cobbled together in time to avoid a messy Greek exit from the euro sent ...

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