OFG to take provision on Prepa fuel-purchase line of credit

OFG Bancorp announced Friday that its Oriental Bank subsidiary will place its $2 ...

Women’s Business Institute in Puerto Rico among SBA’s national Small Business Week awardees

WASHINGTON – The U.S. Small Business Administration announced Friday the 2015 Na ...

Three Puerto Rico ad agencies form alliance

A trio of Puerto Rico’s leading advertising agencies — de la Cruz & Associat ...

PRSI will be redistricting link in Puerto Rico

The Puerto Rico Statistics Institute (PRSI) announced Friday that it will be the ...

Philanthropist, shopping mall developer Taubman dies at 91
Issued: April 18, 2015
A. Alfred Taubman, the self-made Michigan billionaire whose philanthropy an ...

Sabado Gigante ends 53-year run
Issued: April 17, 2015
MIAMI — Television's longest-running variety show is calling it a wrap ...

NPP legislators demand ouster of Ases director
Issued: April 17, 2015
New Progressive Party (NPP) Reps. María Milagros Charbonier and Rafael Rive ...

Prepa tapped reserves to stay current on debt payments
Issued: April 17, 2015
The Puerto Rico Electric Power Authority (Prepa) reportedly withdrew $8.8 m ...

SBA calls for swift approval of Trade Promotion Authority
Issued: April 17, 2015
Maria Contreras-Sweet, the U.S. Small Business Administration (SBA) administrator, on Friday called for Congress to approve the Trade Promot ...

Gift cards now subject to law passed last month
Issued: April 17, 2015
Puerto Rico Gov. Alejandro García Padilla on March 19 approved Act 31 of 2015, the Gift Card Act.

House approves measures to assess Prepa's operational status
Issued: April 17, 2015
During Thursday's session, the House passed several measures to evaluate the operational status of the Puerto Rico Electric Power Author ...

Taubman announces ownership increase in Mall of San Juan
Issued: April 17, 2015
Taubman Centers Inc.announced Thursday the acquisition of an additional 15 percent interest in The Mall of San Juan, bringing Taubman’s owne ...

Global Information Technology Report shows Puerto Rico’s digital paradox
Issued: April 17, 2015
The latest Global Information Technology Report published by the World Economic Forum paints a challenging picture regarding information and ...

NOAA to explore depths of Caribbean Sea
Issued: April 17, 2015
Scientists aboard National Oceanic and Atmospheric Administration (NOAA) Ship Okeanos Explorer are consucting a series of dives to investiga ...

Nissan expands air bag recall after Louisiana injury
Issued: April 16, 2015
DETROIT — Nissan is adding 45,000 small cars to a previous recall after a Louisiana woman was injured by flying shrapnel from an exploding a ...

Valdés-Ayala found guilty of bankruptcy fraud
Issued: April 16, 2015
After eight days of jury trial, Valentín Valdés-Ayala was found guilty late Wednesday of 31 counts of bankruptcy fraud, falsification of ban ...

Pesticide that sickened 4 in USVI also used in Puerto Rico
Issued: April 16, 2015
A federal investigation into the recent sickening with a toxic pesticide of a U.S. family vacationing in the Virgin Islands found that the c ...

Ponce mayor sees increase in license, permit revenue ahead of 'Justas'
Issued: April 16, 2015
Ponce Mayor María Meléndez said municipal licenses and permits increased revenue for the municipality ahead of "Las Justas de la Liga A ...

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US Treasury secretary urges Greece to reach debt deal
Issued: April 18, 2015
WASHINGTON — U.S. Treasury Secretary Jacob Lew is urging Greece to reach a deal with its creditors, warning that a default would "creat ...

Greek 'day of reckoning' shakes stock markets
Issued: April 17, 2015
NEW YORK — Fear that Greece could default and abandon the euro is rattling global financial markets.

Why banks made more money last quarter
Issued: April 17, 2015
NEW YORK — Wall Street and Main Street gave banks a boost last quarter.

Obama defends pursuit of sweeping trade pact
Issued: April 17, 2015
WASHINGTON — President Barack Obama on Friday defended his pursuit of a sweeping trade pact as good for American workers in a global economy ...

Fiorina aims to keep Clinton from playing the 'gender card'
Issued: April 17, 2015
NASHUA, N.H. — Carly Fiorina, the lone Republican woman eying the White House, wants to block Hillary Rodham Clinton from playing the " ...

Higher US gas prices sparked modest inflation in March
Issued: April 17, 2015
WASHINGTON — Higher-priced gasoline slightly boosted consumer prices in March, a sign that some of the effects of cheaper oil are fading and ...

Developer jailed for kickbacks among Menendez contributors
Issued: April 17, 2015
TRENTON, N.J. — Sen. Bob Menendez's legal defense fund raised nearly $1.3 million up until the day before he was indicted on bribery and ...

After Alps crash, some experts ponder flights without pilots
Issued: April 17, 2015
NEW YORK — To improve airline safety, maybe we need to remove the pilots.

Google embraces 'mobile-friendly' sites in search shake-up
Issued: April 17, 2015
SAN FRANCISCO — Google is about to change the way its influential search engine recommends websites on smartphones and tablets in a shift th ...

GE posts $13.6 billion loss on finance unit sale
Issued: April 17, 2015
NEW YORK — The industrial heart of General Electric, the company's new focus, posted lower revenue and earnings in the first quarter ami ...

Trade-off: Deal splits Democrats between business, labor
Issued: April 17, 2015
WASHINGTON — The hardest sell for President Barack Obama will be persuading members of his own party to back a bipartisan agreement on globa ...

Jeb Bush: Campaign decision 'in relatively short order'
Issued: April 16, 2015
JACKSON, Miss. — Jeb Bush said Thursday he will make up his mind "in relatively short order" whether to seek the Republican nomina ...

Congressman admits relationship with airline lobbyist
Issued: April 16, 2015

WASHINGTON — The chairman of the House c ...


Obama says Cuba has agreed to address cases of US fugitives
Issued: April 16, 2015
WASHINGTON — Cuba has agreed to work on resolving the cases of U.S. fugitives harboring from justice on the island as part of the effort to ...

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Global finance leaders see economy strengthening
Issued: April 17, 2015
WASHINGTON — Financial officials from the world's major economies are welcoming modest improvements in the global economy while side-ste ...

China: New bank to enhance international finance system
Issued: April 17, 2015
WASHINGTON — A senior Chinese official says that Beijing's proposed infrastructure bank for Asia is intended to complement and not repla ...

Brazil's Petrobras to release audited financial earnings
Issued: April 17, 2015
SAO PAULO — Brazil's troubled state-owned oil company says it will reveal its estimate on how much it lost in a sweeping kickback scheme ...

Bloomberg blames 'internal network issue' for global outage
Issued: April 17, 2015
LONDON — Bloomberg LP's trading terminals, which are used by most of the world's biggest financial firms, went down for a few hours ...

Garcia Marquez remembered on anniversary of death
Issued: April 17, 2015
BOGOTA, Colombia — From hundreds of public readings in Mexico to an exhibit in Bogota displaying the typewriter off which flew the pages of ...

Trade talks in Tokyo get push from 'fast-track' deal in US
Issued: April 17, 2015
TOKYO — Top Japan and U.S. trade officials plan to meet this weekend, seeking to close gaps over autos and farm trade before Prime Minister ...

G-20 finance officials confronting global weakness
Issued: April 17, 2015
WASHINGTON — Finance officials from the world's major economies are searching for the right mix of policies to bolster a still-weak glob ...

Pope considering Cuba stop during US trip but no decision
Issued: April 17, 2015
VATICAN CITY — Pope Francis is considering adding a stop in Cuba to his U.S. trip in September but no decision has been made, the Vatican sa ...

Greece finance minister vows compromise in loan talks
Issued: April 16, 2015

WASHINGTON — Greek Finance Minister Yani ...


Greek bond yields soar as debt default fears swell
Issued: April 16, 2015
LONDON — Mounting fears of a Greek debt default sent the country's borrowing costs surging Thursday and prompted one prominent U.K. book ...

Putin confident on economy, offers to mend ties with West
Issued: April 16, 2015
MOSCOW — Russia has weathered the worst of its economic troubles and is on the road to recovery, President Vladimir Putin said Thursday duri ...

Reports: VW board meeting amid leadership spat
Issued: April 16, 2015
BERLIN — German media report that the supervisory board of Volkswagen is meeting Thursday following a public spat within the carmaker's ...

Putin defends Iran missile decision during call-in show
Issued: April 16, 2015
MOSCOW — President Vladimir Putin sternly urged the West to respect Russia's interests in global affairs and defended his move to sancti ...

Chinese shares bounce on stimulus hopes
Issued: April 16, 2015
HONG KONG — Chinese shares rebounded on stimulus hopes a day after gloomy first-quarter economic numbers while other Asian benchmarks were m ...

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