GDB: Bond insurers on board with tax hike

A proposed surge in Puerto Rico’s petroleum tax was drafted with input from bond ...

HTA: Oil tax hike ‘good for everyone’

The Puerto Rico Highways & Transportation is seeking to drum up public suppo ...

Key PR economic index drops again; 1.5% fall is second deepest of 2014

A key gauge of Puerto Rico’s economy posted another drop in September, marking n ...

WTE plants clear PR regulatory hurdles

The Puerto Rico government is quietly moving forward on the island’s first two w ...

Carlos Romero Barceló
Prepa’s mess
Manuel A. Casiano
Publisher’s Open Letter
PR government details new borrowing, tax reform plans
Issued: October 31, 2014
Top Puerto Rico government officials on Thursday detailed plans to borrow u ...

Map: PR high heels top rest of US
Issued: October 31, 2014
Puerto Rico stands above all 50 states when it comes to the average height ...

English classes a hit with professionals
Issued: October 31, 2014
The latest round of free conversational English classes offered by the firm ...

PR claims against UBS now top $900M
Issued: October 31, 2014
Claims against UBS from investors in Puerto Rico closed-end municipal bond ...

Ciudadela caps garage with solar panels
Issued: October 30, 2014
The Ciudadela resident-commercial development in San Juan has finished installation of a large-scale solar project on the roof of its parkin ...

Fortuño to stump for GOP in Connecticut
Issued: October 30, 2014
Former Puerto Rico Gov. Luis Fortuño is scheduled to join Connecticut Republican gubernatorial candidate Tom Foley on the campaign trail thi ...

OFG chief: PR economy is stabilizing
Issued: October 30, 2014
OFG BanCorp. President & CEO José Fernández says the Puerto Rico economy is starting to “stabilize.” ...

Moody’s: PR reliant on bond market access despite punitive borrowing costs
Issued: October 30, 2014
The Government Development Bank’s latest liquidity forecast is credit negative because it underscores that liquidity of the commonwealth rem ...

Small plane crashes in sea en route to PR
Issued: October 29, 2014
PHILIPSBURG, St. Maarten - The Dutch Caribbean Coast Guard is searching off St. Maarten for the co-pilot of a small U.S.-based cargo plane t ...

Governor heads delegation at White House
Issued: October 29, 2014
Puerto Rico Gov. Alejandro García Padilla led a high-level delegation in a meeting at the White House on Wednesday to discuss the island’s f ...

PR files appeal in $230M Doral case
Issued: October 29, 2014
The Puerto Rico government has made good on its pledge to keep fighting in court to keep from paying a $230 million tax debt to Doral Financ ...

PR may surge oil tax to back bonds
Issued: October 29, 2014
Puerto Rico may sharply increase its petroleum tax to $15.50 per barrel to back a bond deal of as much as $2.9 billion.

Justice chief signals PR won’t fight same-sex marriage in US high court
Issued: October 29, 2014
Puerto Rico Justice Secretary César Miranda is signaling that the island government wouldn’t pursue its opposition to same-sex marriage all ...

OFG Bancorp to ring NYSE closing bell
Issued: October 29, 2014
OFG Bancorp and its subsidiary, Oriental Bank, will mark a milestone when it rings the closing bell on the New York Stock Exchange on Thursd ...

more Local news
Brittany Maynard: New face of right-to-die
Issued: October 31, 2014
Saturday was supposed to be the day that Brittany Maynard killed herself. She still might do it, but her latest message seems to suggest she ...

US consumer spending down 0.2% in September
Issued: October 31, 2014
WASHINGTON — U.S. consumer cut spending in September for the first time in eight months, as incomes grew at the slowest pace this year. The ...

Exxon defies low oil price with refining strength
Issued: October 31, 2014
NEW YORK — ExxonMobil Corp.'s refining and chemical operations rescued the company's third quarter results amid falling global oil p ...

Not so sweet: Chocolate prices are set to rise
Issued: October 30, 2014
NEW YORK — That bowl of chocolates for ninjas and ghosts won’t cost you more this Halloween. Picking the perfect sweet for your Valentine co ...

For-profit colleges face ‘gainful employment’ rule
Issued: October 30, 2014
WASHINGTON — For-profit colleges that don’t produce graduates capable of paying off their student loans could soon face the wrath of the fed ...

Menino, Boston's longest-serving mayor, dies at 71
Issued: October 30, 2014
BOSTON — Thomas Menino, whose folksy manner and verbal gaffes belied his shrewd political tactics and effective use of technology to govern ...

Yellen: Awareness of economists' diversity needed
Issued: October 30, 2014
WASHINGTON — Federal Reserve Chair Janet Yellen says she wants to raise awareness of the need for diversity among economists, with relativel ...

Apple’s Tim Cook: ‘I’m proud to be gay’
Issued: October 30, 2014
NEW YORK — Apple CEO Tim Cook says he’s proud to be gay.

Obama on Ebola fight: US can't seal itself off
Issued: October 29, 2014
WASHINGTON — Pushing to confront Ebola at its West African source, President Barack Obama said Wednesday the United States was not immune to ...

Fed ends bond buying and cites brighter job market
Issued: October 29, 2014
WASHINGTON — The Federal Reserve cited an improving economy Wednesday as it ended its landmark bond-buying program and pointed to gains in t ...

NYC hatchet attack called terrorism, but why?
Issued: October 29, 2014
NEW YORK — What police have labeled the latest act of terror in New York City didn't involve an international conspiracy, a high-profile ...

Fed keeps rate at record low, ends bond buying
Issued: October 29, 2014
WASHINGTON — The Federal Reserve plans to keep a key interest rate at a record low to support a U.S. job market that's improving but sti ...

9 first-time Latino candidates run for Congress
Issued: October 29, 2014
WASHINGTON — First-time congressional candidate Norma Torres tells people in her Los Angeles-area district that there is no more critical ti ...

Developer secures funds to build 3 WTC
Issued: October 29, 2014
NEW YORK — Developer Larry Silverstein has secured the funds to build his long-planned 3 World Trade Center.

more National news
Bank of Japan redoubles efforts to revive economy
Issued: October 31, 2014
TOKYO — Japan's central bank surprised the financial world and pleased investors Friday by intensifying its purchases of government bond ...

Recent moves by central banks, at a glance
Issued: October 31, 2014
It's been a busy week for some of the world's major central banks.

Italy phases out sea rescues to save migrants
Issued: October 31, 2014
ROME — Italy insisted Friday that lives won't be sacrificed as it ended its costly Mediterranean Sea rescue operation and shifted over t ...

Eurozone inflation creeps up to 0.4%
Issued: October 31, 2014
FRANKFURT, Germany — Inflation crept higher in the 18 countries that use the euro in October — but the rise to an annual 0.4 percent offered ...

Russia central bank in surprisingly big rate hike
Issued: October 31, 2014
MOSCOW — Russia's central bank has raised its main interest rate by more than anticipated as it tries to stem the ruble's fall.

UN: Growing number of foreigners in terror groups
Issued: October 31, 2014
UNITED NATIONS — A new United Nations report says the world is facing a challenge from foreigners traveling to fight in terror groups on an ...

RBS sets aside $639 million for currency probe
Issued: October 31, 2014
LONDON — Royal Bank of Scotland, which is majority-owned by the U.K. government, has set aside 400 million pounds ($639 million) to cover po ...

Mexico Supreme Court rejects energy referendum
Issued: October 30, 2014
MEXICO CITY — Mexico's Supreme Court has rejected a bid to hold a national referendum on a major energy overhaul that opened the sector ...

Survey: Asia finds money brings happiness
Issued: October 30, 2014
SINGAPORE — Emerging Asian nations are finding out what developed ones did years ago: money — and the stuff it buys — brings happiness.

Cuba tries to drive up fertility amid baby slump
Issued: October 29, 2014
HAVANA — Daymarys González’s first attempt to have a child ended with an ectopic pregnancy at age 31. She stopped trying to conceive after a ...

Sanofi ousts CEO over management style, sales drop
Issued: October 29, 2014
PARIS — French drugmaker Sanofi sacked its CEO Wednesday following a board room rift over his way of handling one of France's largest pu ...

Venezuela's government recalls ambassador to Spain
Issued: October 28, 2014
CARACAS, Venezuela — Venezuela's socialist government on Tuesday recalled for consultations its ambassador to Spain to protest Prime Min ...

UN General Assembly condemns US Cuba embargo
Issued: October 28, 2014
UNITED NATIONS — The United Nations General Assembly has voted for the 23rd year in a row to condemn the U.S. commercial, economic and finan ...

US gains in gender equality ranking
Issued: October 28, 2014
NEW DELHI — Indian women still face some of the world’s worst inequality in access to health care, education and work, despite years of rapi ...

more International news