Carrión named to FIBA’s central board

Popular Inc. chief Richard Carrión has been named to the central board at basket ...

PR TRANs sale will be under NY law

Legislation to clear the way for the Puerto Rico government to sell $900 million ...

Treasury gets break as Doral trial looms

Doral Financial Corp. has been dealt a legal setback on the eve of the start of ...

Prepa inks $9.7M contract with Donahue and her turnaround team

The Puerto Rico Electric Power Authority on Monday signed a nearly $10 million c ...

Fitch keeps Prepa on ‘negative’ watch, says debt restructuring still probable
Issued: September 16, 2014
Fitch Ratings is maintaining its Rating Watch Negative on $8.7 billion of j ...

Research drones launched into hurricane
Issued: September 16, 2014
MIAMI — U.S. government scientists are launching winged drones into Hurrica ...

EPA: $120K to track air pollution
Issued: September 16, 2014
The U.S. Environmental Protection Agency has awarded $120,000 to Desarrollo ...

First LNG container ship gets engine
Issued: September 16, 2014
Work on the world’s first liquefied natural gas (LNG) powered container shi ...

Motion seeks quick lift of PR gay marriage ban
Issued: September 16, 2014
A gay rights organization has filed a motion in the U.S. District Court for Puerto Rico seeking a summary judgment to end the ban same-sex m ...

Congress dusting off DC statehood
Issued: September 16, 2014
WASHINGTON— Congress is dusting off the notion of statehood for the District of Columbia for the first time in 21 years, but that doesn’t me ...

Triple-S expands into Latin America
Issued: September 16, 2014
In what represents its first venture outside the Caribbean region, Puerto Rico-based Grupo Triple-S announced Monday the expansion of its he ...

Olein Recovery expanding operations
Issued: September 16, 2014
Puerto Rico-based oil recycler and lubricant manufacturer Olein Recovery is expanding its operations.

Popular completes Central Florida exit
Issued: September 15, 2014
Popular, Inc. said Monday its stateside subsidiary Popular Community Bank has completed the previously announced sale of its Central Florida ...

$20.8M for upgrades to PR airports
Issued: September 15, 2014
Puerto Rico’s two largest airports are in line for $20.8 million in federal funds for runway repaving and other safety upgrades.

Doral refutes link to ‘smear campaign’
Issued: September 15, 2014
Doral Financial Corp. signaled Monday it has no role in a series of advertisements published in leading stateside news outlets that are high ...

Beltrán in running for MLB Man of Year
Issued: September 15, 2014
Puerto Rican baseball great Carlos Beltrán is among six finalists for Major League Baseball’s Marvin Miller Man of the Year Award.

Cement sales plunge 22.4% in August
Issued: September 15, 2014
Cement sales plunged more than 22 percent in August, marking the steepest drop in more than a year.

PR returning to Disney ‘foodie’ fest
Issued: September 15, 2014
Puerto Rico is returning to the International Food & Wine Festival at Walt Disney World’s Epcot Center in Orlando after skipping the eve ...

more Local news
US CEOs less optimistic about hiring, spending
Issued: September 16, 2014
WASHINGTON — Optimism among chief executives at the largest U.S. companies fell in the July-September quarter after reaching a two-year high ...

Trump Plaza shuts down; 4th AC casino to close
Issued: September 16, 2014
ATLANTIC CITY, N.J. — A fourth Atlantic City casino has gone out of business.

Once-troubled reverse mortgages poised for rebound
Issued: September 15, 2014
WASHINGTON — Advertised as a path to an affordable retirement, federally insured reverse mortgages are showing signs of a rebound, drawing t ...

Speculation swirls over Fed language on rate hike
Issued: September 15, 2014
WASHINGTON — When the Federal Reserve issues a policy statement after it meets this week, the financial world will be on high alert for two ...

Detroit bankruptcy trial resumes after settlement
Issued: September 15, 2014
DETROIT — A judge refused to extend a timeout Monday in Detroit's bankruptcy trial after a deal with a major creditor removed another op ...

Microsoft to buy Minecraft maker for $2.5 billion
Issued: September 15, 2014
NEW YORK — Microsoft will acquire the maker of the popular game Minecraft for $2.5 billion.

Apple iPhone 6 pre-order demand overwhelms supply
Issued: September 15, 2014
NEW YORK — Apple says it had more than 4 million pre-orders of its new iPhone 6 and iPhone 6 Plus in 24 hours, exceeding its initial pre-ord ...

US wealth gap putting the squeeze on state revenue
Issued: September 15, 2014
WASHINGTON — Income inequality is taking a toll on state governments.

Hillary Clinton in Iowa stirs 2016 speculation
Issued: September 14, 2014
INDIANOLA, Iowa — Hillary Rodham Clinton, making her return to Iowa for the first time since the 2008 presidential campaign, implored Democr ...

Achieving diversity in police ranks no easy task
Issued: September 14, 2014
When he took over as police chief last year in the St. Louis suburb of Maryland Heights, it didn't take Bill Carson long to see he had a ...

Will Apple’s digital wallet kill the card swipe?
Issued: September 13, 2014
NEW YORK — Apple wants the plastic credit card to become as rare as the paper check.

Investor picks breadstick battle with Olive Garden
Issued: September 12, 2014
NEW YORK — Olive Garden is hurting itself by piling on too many breadsticks, according to an investor that's disputing how the restauran ...

US retail sales rise in August on auto sales
Issued: September 12, 2014
WASHINGTON — Auto buying drove U.S. retail sales higher in August, a possible sign that job growth in recent months has led to accelerated c ...

Can Obama wage war without consent of Congress?
Issued: September 12, 2014
WASHINGTON — As a U.S. senator from Illinois running for the White House in 2007, Barack Obama sponsored a resolution to prohibit President ...

more National news
US to assign 3,000 from US military to fight Ebola
Issued: September 16, 2014
ATLANTA — Under pressure to ramp up the U.S. response to the Ebola crisis, President Barack Obama is ordering 3,000 U.S. military personnel ...

US silent on Venezuela's Security Council bid
Issued: September 16, 2014
WASHINGTON — The Obama administration is declining to say whether it will oppose Venezuela's bid to grab a non-permanent seat on the Uni ...

Alibaba investors beware: History not on your side
Issued: September 16, 2014
WASHINGTON — Chinese e-commerce giant Alibaba is about to launch what may prove the biggest initial public stock offering ever. Yet anyone w ...

Generation gap: Young Scots favor independence
Issued: September 15, 2014
GLASGOW, Scotland — Across Scotland, dinner table talk is getting heated as families argue over how to vote in Scotland's independence r ...

Migrant group: 500 feared dead after boat rammed
Issued: September 15, 2014
GENEVA — About 500 Syrians, Palestinians, Egyptians and Sudanese are feared to have died after their boat was rammed and sank off the Malta ...

China creates its first no-cellphone sidewalk lane
Issued: September 15, 2014
BEIJING — Taking a cue from an American TV program, the Chinese city of Chongqing has created a smartphone sidewalk lane, seemingly offering ...

China's industrial output slows to 6.9%
Issued: September 15, 2014
BEIJING — China's factory output in August slowed to 6.9 percent from a year earlier amid waning export demand and a slump in real estat ...

Problems seen with new Argentine debt payment law
Issued: September 14, 2014
BUENOS AIRES, Argentina — A law designed to restructure Argentina's debt and sidestep a U.S. court ruling that pushed the government int ...

Scottish independence could mean messy divorce
Issued: September 14, 2014
LONDON — How do you divorce after a 300-year union? It’s complicated, and there is a deadline.

In Jamaica, Rastas ready for pot decriminalization
Issued: September 14, 2014
KINGSTON, Jamaica — Taking a deep draw on a pipe that glows with burning marijuana, reggae luminary Bunny Wailer gives a satisfied grin thro ...

Judge: Pistorius is guilty of culpable homicide
Issued: September 12, 2014
PRETORIA, South Africa — A South African judge on Friday found Oscar Pistorius guilty of culpable homicide in the shooting death of girlfrie ...

Greece beats budget target, but new jobs elusive
Issued: September 12, 2014
ATHENS, Greece — Greece's finance ministry says the country's budgetary position is much better than anticipated.

As Venezuela economy worsens, fears of default
Issued: September 11, 2014
CARACAS, Venezuela — President Nicolas Maduro is reassuring foreign creditors that Venezuela’s government will make good on a $4.5 billion f ...

Cuba turns down Hemingway fishing log request
Issued: September 11, 2014
HAVANA — Cuba says U.S. scientists won't get immediate access to potentially invaluable fishing logs kept by Ernest Hemingway but author ...

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