Popular exiting 3 stateside markets to focus on NY/NJ, South Florida

Popular Inc. said Tuesday it is selling off its Popular Community Bank operation ...

Senate confirms Caldero as top cop

The Puerto Rico Senate on Tuesday confirmed José Caldero as the island’s new pol ...

Deep cuts coming in governor’s pledge of balanced budget for fiscal 2015

Deep cuts in government spending are looming as Gov. Alejandro García Padilla pr ...

Moody’s analysis: PR credit risk widens as ‘economic turmoil deepens’

Market-based measures of Puerto Rico’s credit risk continue to deteriorate as th ...

UPR extends moratorium on tuition hike
Issued: April 22, 2014
The University of Puerto Rico Governing Board has agreed to extend a morato ...

PR investment summit this week
Issued: April 22, 2014
Big-time investors, business executives, economic development officials and ...

FINRA caseload ahead of last year’s pace
Issued: April 22, 2014
The Financial Industry Regulatory Authority (FINRA) is on pace to field mor ...

USDA: $6.7M for sewer projects in PR
Issued: April 22, 2014
Puerto Rico is in line for nearly $6.7 million in federal funding as U.S. A ...

PRTC sues travel sites over hotel tax
Issued: April 22, 2014
The Puerto Rico Tourism Company is suing leading Internet-based travel booking sites for allegedly not remitting full hotel room tax collect ...

WEF surveys PR execs for global index
Issued: April 22, 2014
The World Economic Forum (WEF) has opened the process of surveying island businesses and executives as part of its annual ranking of economi ...

Caldero cruising to top cop confirmation
Issued: April 22, 2014
Retired veteran officer José Caldero is moving closer to taking the reins of the Puerto Rico Police Department as bipartisan support for his ...

Cheo Feliciano buried in native Ponce
Issued: April 22, 2014
Puerto Rico salsa great Cheo Feliciano was laid to rest in his hometown of Ponce on Monday afternoon.

PR payrolls thin, unemployment dips
Issued: April 21, 2014
Puerto Rico’s unemployment rate fell but payroll jobs also continued to drop last month, the U.S. Labor Department reported Friday.

New GM at Sheraton in Old San Juan
Issued: April 21, 2014
Veteran hotel industry executive Sam Basu has been named general manager of the Sheraton Puerto Rico Hotel & Casino in Old San Juan.

RadioShack expands recycling to PR
Issued: April 21, 2014
Retailer RadioShack has expanded its recycling program for rechargeable batteries and smartphones to its Puerto Rico stores.

AFC grows Rx adherence program
Issued: April 21, 2014
The Community Pharmacies Association of Puerto Rico (AFC by its Spanish initials) has expanded its program to ensure patients’ adherence to ...

March for marijuana decriminalization
Issued: April 21, 2014
Hundreds of people marched in San Juan on Sunday calling for the decriminalization of marijuana in Puerto Rico.

Wake for salsa legend Feliciano draws crowd
Issued: April 19, 2014
Hundreds of people are attending a wake for Puerto Rico salsa great Cheo Feliciano.

more Local news
Bernanke regrets not explaining crisis better
Issued: April 22, 2014
TORONTO — Former U.S. Federal Reserve Chairman Ben Bernanke says he could have done a better job in helping people understand the action the ...

Whoa there: NYC carriage horse ban is stalled
Issued: April 22, 2014
NEW YORK — Mayor Bill de Blasio is pulling back the reins on his plans to quickly get rid of New York City's horse-drawn carriage indust ...

In Internet TV case, justices show concern
Issued: April 22, 2014
WASHINGTON — Grappling with fast-changing technology, Supreme Court justices debated Tuesday whether they can protect the copyrights of TV b ...

Attacks on payment systems trail other cybercrimes
Issued: April 22, 2014
NEW YORK — While Target's massive data breach last year caused consumers to panic and drew attention to Internet crime, a new study find ...

Obama administration tightens grip on intelligence
Issued: April 22, 2014
WASHINGTON — The Obama administration has tightened its control over intelligence — including unclassified information — by setting limits o ...

Court upholds affirmative action ban; Sotomayor delivers spirited dissent
Issued: April 22, 2014
WASHINGTON — The Supreme Court on Tuesday upheld Michigan’s ban on using race as a factor in college admissions despite one justice’s impass ...

AT&T joins crowded field with online video plans
Issued: April 22, 2014
NEW YORK — AT&T and an investment firm run by former News Corp. executive Peter Chernin have formed an online video venture that could r ...

Job market for college grads better but still weak
Issued: April 22, 2014
WASHINGTON — The job market for new college graduates is brightening but remains weaker than before the Great Recession began.

Google challenges nonprofits on ideas to use Glass
Issued: April 22, 2014
WASHINGTON — Google has a challenge for U.S. nonprofits.

Justice Stevens: Make 6 changes to Constitution
Issued: April 21, 2014
WASHINGTON — In the aftermath of the Connecticut school shootings that left 20 first-graders and six educators dead, retired Supreme Court J ...

Thawing out: Warmer temperatures lift US economy
Issued: April 21, 2014
WASHINGTON — Spring's thaw is reviving the economy, too.

Apple offering free recycling of all used products
Issued: April 21, 2014
SAN FRANCISCO — Apple is offering free recycling of all its used products and vowing to power all of its stores, offices and data centers wi ...

In show of defiance, thousands run first Boston Marathon since bombings
Issued: April 21, 2014
BOSTON — Under heavy security that included a battery of surveillance cameras and police officers on rooftops, nearly 36,000 runners hit the ...

US weighs curbing deportations
Issued: April 21, 2014
WASHINGTON — Homeland Security Secretary Jeh Johnson is weighing limiting deportations of immigrants living in the U.S. illegally who don ...

more National news
Greece reaches milestone, opens way for assistance
Issued: April 23, 2014
BRUSSELS — The European Union says Greece has reached a major financial milestone that was required if it were to be granted more debt relie ...

Europe recovery shows signs of strengthening
Issued: April 23, 2014
FRANKFURT, Germany — Business activity in Europe has risen to its highest level in three years as a once-shaky economic recovery gains speed ...

China says quality of its groundwater has worsened
Issued: April 23, 2014
BEIJING — Chinese authorities say nearly 60 percent of the groundwater at sites monitored throughout the country is of poor or extremely poo ...

Government finances improved across Europe in 2013
Issued: April 23, 2014
BRUSSELS — Official figures show that governments across the 28-country European Union recorded lower budget deficits in 2013 amid lower spe ...

Globe had 4th hottest March; US cooler than normal
Issued: April 22, 2014
WASHINGTON — Federal forecasters calculated that for most of the Earth, last month was one of the hottest Marchs on record — except in the U ...

US reviewing plans for fewer troops in Afghanistan
Issued: April 22, 2014
WASHINGTON — The White House is reviewing a new series of options that would leave fewer than 10,000 U.S. troops in Afghanistan next year, a ...

Editor: Garcia Marquez left unpublished manuscript
Issued: April 22, 2014
MEXICO CITY — A book editor says novelist Gabriel Garcia Marquez has left behind an unpublished manuscript that he chose not to print while ...

Novartis reshapes business with GSK, Lilly deals
Issued: April 22, 2014
GENEVA — Swiss pharmaceutical firm Novartis AG launched a major overhaul of its business Tuesday, unveiling a series of multibillion-dollar ...

Bloomberg invests $5M in solar-powered lamp
Issued: April 22, 2014
NEW YORK — Former New York Mayor Michael Bloomberg's foundation has announced a $5 million investment in an artsy-looking solar-powered ...

Most Sherpas decide to leave Everest for season
Issued: April 22, 2014
KATMANDU, Nepal — Most Sherpas mountain guides have decided to leave Mount Everest, a guide said, confirming a walkout certain to disrupt a ...

Cuban-American leaders helped ‘Cuban Twitter’
Issued: April 22, 2014
MIAMI — Leaders with the largest nonprofit organization for young Cuban-Americans quietly provided strategic support for the federal governm ...

Novartis, GSK, Lilly in multibillion-dollar deals
Issued: April 22, 2014
GENEVA — Swiss pharmaceutical giant Novartis AG announced a series of multibillion-dollar deals Tuesday with other major pharmaceutical comp ...

Japan, US struggle to bridge gap on freer trade
Issued: April 22, 2014
TOKYO — Japanese and U.S. negotiators are struggling to reach a preliminary agreement on a free trade pact that might have served as a cente ...

Cuba home woes endure despite real-estate reform
Issued: April 21, 2014
HAVANA — The residents of 308 Oquendo Street were jolted awake in the middle of the night by violent shaking and a noise that they likened t ...

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