Facebook falls flat in public debut

NEW YORK — It was barely a “like” and definitely not a “love” from Facebook inve ...

Test oil well off Cuba comes up dry

HAVANA — An exploratory oil well drilled off the coast of Cuba has proved a fail ...

PR unemployment rate dips below 15% for first time in three years

Puerto Rico’s unemployment rate dipped to 14.8 percent last month, marking its f ...

Pierluisi pushes PR voting in Florida
Issued: May 18, 2012
Resident Commissioner Pedro Pierluisi was in Orlando on Friday pushing Puer ...

New chief at National Hurricane Center
Issued: May 18, 2012
MIAMI — Richard Knabb, the tropical weather expert at The Weather Channel, ...

Study finds coffee drinkers live longer
Issued: May 18, 2012
MILWAUKEE — One of life’s simple pleasures just got a little sweeter. After ...

US may bundle TARP stakes to unload
Issued: May 18, 2012
The U.S. Treasury Department could pool stakes in Popular Inc and other ban ...

O’Neill set to face NPP directorate
Issued: May 18, 2012
Guaynabo Mayor Héctor O’Neill has scrapped a planned trip to the Dominican Republic to stay at home to face the New Progressive Party direct ...

US senator blasts Diageo-USVI deal
Issued: May 18, 2012
U.S. Sen. Roberto Menéndez (D-N.J.) took aim from Capitol Hill this week at the Diageo deal that sparked the rum war between Puerto Rico and ...

Analyst predicts Cofinas downgrade
Issued: May 18, 2012
Puerto Rico’s sales-tax backed municipal bonds appear headed for a downgrade in the coming weeks, according to a Wells Fargo analyst.

Govt contractors registry online
Issued: May 18, 2012
Gov. Luis Fortuño announced Thursday the launch of an online registry for contractors aiming to do business with the Puerto Rico government, ...

Fortuño: PIP wrong on referendums
Issued: May 17, 2012
Gov. Luis Fortuño on Thursday shrugged off a potential legal challenge of referendums to cut the size of the Legislature and limit bail for ...

Cuba jabs at US in Havana Club fight
Issued: May 17, 2012
Cuba is accusing the U.S. Supreme Court of allowing the “theft” of the Havana Club brand in a bitter trademark bout between spirits heavywei ...

Taubman: Work on PR mall set to start
Issued: May 17, 2012
Taubman Centers, Inc. announced Thursday that construction will begin this summer on its planned 640,000-square-foot shopping center in the ...

Talks may revive e-vote counting
Issued: May 17, 2012
Puerto Rico’s State Elections Commission and Dominion Voting Systems are in talks this week aimed at reviving a plan to implement an electro ...

Forecast:Uptick in PR housing market
Issued: May 17, 2012
A modest improvement in the Puerto Rico housing market may be close on the horizon as the local economy begins to climb out of its marathon ...

Forbes: López is most powerful celeb
Issued: May 17, 2012
Forbes magazine has declared Puerto Rican star Jennifer López the most powerful celebrity on the planet.

more Local news
Q&A on blockbuster Facebook IPO
Issued: May 18, 2012
NEW YORK — Taking a company public isn't as simple as collecting Facebook friends.

Romney points to restored bridge as Obama failure
Issued: May 18, 2012
HILLSBOROUGH, N.H. — Republican presidential challenger Mitt Romney on Friday criticized a restored 19th century bridge as another "Bri ...

Facebook stock up slightly in public debut
Issued: May 18, 2012
NEW YORK — Facebook is trading below its opening price in its debut on the Nasdaq Stock Market.

Romney releases first general election TV ad
Issued: May 18, 2012
WASHINGTON — Mitt Romney's first general-election TV commercial promises he would introduce tax cuts and approve the Keystone XL oil pip ...

Facebook $16 billion IPO one of world’s largest
Issued: May 17, 2012
NEW YORK — Facebook’s initial public offering of stock is shaping up to be one of the largest ever. The world’s definitive online social net ...

Stocks slump; Dow posts 11th loss in 12 days
Issued: May 17, 2012
NEW YORK — The Dow Jones industrial average posted its 11th loss in 12 days after a pair of discouraging economic reports unnerved investors ...

Census shows whites lose majority among babies born in US
Issued: May 17, 2012
WASHINGTON — For the first time, racial and ethnic minorities make up more than half the children born in the U.S., capping decades of heady ...

Facebook boss Zuckerberg maps ‘The Hacker Way’
Issued: May 17, 2012
To CEO Mark Zuckerberg, Facebook has a social mission to make the world more open and connected. He made the company’s thinking known in its ...

Postal Service to begin closing plants this summer
Issued: May 17, 2012
WASHINGTON — The nearly bankrupt U.S. Postal Service is moving ahead with plans to close dozens of mail processing centers, saying on Thursd ...

Buffett's Berkshire to buy Media General papers
Issued: May 17, 2012
NEW YORK — Billionaire Warren Buffett's company is making another foray into newspapers, agreeing to buy 63 newspapers from Media Genera ...

Biden: Running company not same as leading country
Issued: May 17, 2012
MARTINS FERRY, Ohio — Vice President Joe Biden says the business background that Republican presidential challenger Mitt Romney touts on the ...

Facebook set to price initial public offering
Issued: May 17, 2012
NEW YORK — Facebook's initial public offering is shaping up to be one of the largest in history. It's expected to be a big payoff fo ...

Estranged wife of RFK Jr. hangs herself
Issued: May 17, 2012
BEDFORD, N.Y. — The Kennedy family, so practiced at public mourning, is grieving again after the estranged wife of Robert Kennedy Jr. was fo ...

Where Obama, Romney stand on small biz contracting
Issued: May 17, 2012
The Associated Press is looking at the positions that President Barack Obama and Republican presidential candidate Mitt Romney have taken on ...

more National news
Spain may have to revise its 2011 budget deficit
Issued: May 18, 2012
MADRID — The Spanish government says it may have to revise its 2011 budget deficit upwards for a second time after spending by regional gove ...

Greek politics, Spain banks test eurozone survival
Issued: May 18, 2012
MADRID — Chaos in Greek politics and Spanish banking combined this week to underscore just how fragile Europe's economy remains after an ...

Cubans denied US visas have record of engagement
Issued: May 18, 2012
HAVANA — The U.S. State Department has given Raul Castro's daughter a visa to attend an academic conference in San Francisco, but it als ...

Obama touts $3B in pledges to help feed Africa
Issued: May 18, 2012
WASHINGTON — President Barack Obama on Friday said the United States has a "moral imperative" to lead the fight against hunger and ...

Pope praises US efforts to welcome immigrants
Issued: May 18, 2012
VATICAN CITY — Pope Benedict XVI has praised the "great generosity" of American Catholics in welcoming new immigrants and backed t ...

US eases economic sanctions to reward Myanmar
Issued: May 18, 2012
WASHINGTON — President Barack Obama on Thursday declared a new chapter in U.S. relations with Myanmar, easing an investment ban and naming t ...

Pentagon sees Chinese military expanding its reach
Issued: May 18, 2012
WASHINGTON — The Pentagon is telling Congress that China's increasingly sophisticated military is pursuing "new historic missions&q ...

Report: HSBC says regulations may prompt UK exit
Issued: May 18, 2012
LONDON — HSBC may decide to sell its U.K. retail banking operations, depending on the impact of yet to be announced new banking regulations, ...

US gov't sets stiff tariffs on China solar panels
Issued: May 17, 2012
WASHINGTON — The Obama administration moved Thursday to impose stiff new tariffs on solar panels made in China, finding that Chinese compani ...

Can G8 help Europe contain crisis?
Issued: May 17, 2012
WASHINGTON — When leaders from eight of the world’s biggest economies meet this weekend outside Washington, the focus will be on how to prev ...

Spanish bank hit by report of withdrawals
Issued: May 17, 2012
MADRID — Confidence in Spain's banking sector was shaken Thursday after a newspaper reported that depositors were rushing to withdraw th ...

France's new Socialist govt gets down to work
Issued: May 17, 2012
PARIS — Members of France's new Socialist-led government will promise Thursday to take a pay cut, a gesture of shared sacrifice by leade ...

Spain borrowing rates rise, bank shares slide
Issued: May 17, 2012
MADRID — Spain paid sharply higher interest rates to raise €2.5 billion ($3.18 billion) in medium-term debt auction on Thursday, reflecting ...

Anger, drama at Ratko Mladic's genocide trial
Issued: May 16, 2012
THE HAGUE, Netherlands — He's no longer the swaggering general who held Sarajevo "in the palm of his hand" during Bosnia's ...

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