Small SUVs, pricey sports cars dominate at Geneva auto show

FRANKFURT, Germany — Small SUVs for families and powerful sports cars for the ri ...

Census reports Puerto Rico manufacturing decline between 2007-2012

Puerto Rico’s manufacturing sector reported $76.6 billion in value of shipments ...

Puerto Rico Investment Summit matters

Billionaire investor John Paulson has snapped up all large parking lots in San J ...

Banco Popular, FirstBank acquire Doral Bank

As first reported by CARIBBEAN BUSINESS Online, San Juan-based Doral Bank was cl ...

Treasury launches calculator to show ‘benefits’ of tax reform
Issued: March 1, 2015
In order for taxpayers to "reach their own conclusions," Treasury ...

Prepa delays debt restructuring plan
Issued: February 28, 2015
The heavily indebted Puerto Rico Electric Power Authority (Prepa) is asking ...

Doral closed amid investigation, legal saga
Issued: February 28, 2015
Puerto Rico regulators shut down Doral Bank on Friday, with Banco Popular t ...

Private education to be exempt from VAT
Issued: February 27, 2015
Gov. Alejandro García Padilla announced Friday that he was determined to pu ...

Engine of St. Croix JetBlue flight en route to Puerto Rico hit by birds, plane grounded
Issued: February 27, 2015
A St. Croix JetBlue flight en route to Puerto Rico on Thursday night returned to the Henry E. Rohlsen Airport and was grounded for hours aft ...

Inter’s Fernós reiterates opposition to a VAT on education
Issued: February 27, 2015
Manuel J. Fernós, president of Inter American University of Puerto Rico, refuted Gov. Alejandro García Padilla’s claims about the cost of co ...

Former Gov. Fortuño to address Georgetown Alumni Club of Puerto Rico
Issued: February 27, 2015
With Puerto Rico amid a lively debate on a sweeping tax reform proposal by the administration of Gov. Alejandro García Padilla, CARIBBEAN BU ...

U.S. brokerage firm Sterne Agee sponsors upcoming Puerto Rico bank field trip
Issued: February 27, 2015
With the Federal Deposit Insurance Corp. (FDIC) expected to take over Doral Bank Friday and Banco Popular, FirstBank and Oriental Bank vying ...

FCC 'net neutrality' vote and what it means
Issued: February 27, 2015
Internet activists scored a major victory after the Federal Communications Commission agreed to rules that would ban service providers from ...

Reality sinks in for many Cubans on eve of talks with US
Issued: February 27, 2015
HAVANA — The jubilation that greeted the announcement of U.S.-Cuban detente two months ago has faded to resignation for many Cubans who are ...

Cuban cigar makers anticipate big bucks from US travelers
Issued: February 27, 2015
HAVANA — Over six decades rolling premium cigars with his small, wrinkled hands, Arnaldo Alfonso has taken pride in seeing his "habanos ...

Puerto Rico mayor sentenced after pleading guilty to bribery
Issued: February 27, 2015
A former Puerto Rico mayor has been sentenced to more than five years in prison after pleading guilty to bribery.

Migrants in Puerto Rico illegally can now open bank accounts
Issued: February 27, 2015
Gov. Alejandro García Padilla has signed a bill that allows migrants living without legal permission on the island to open bank ac ...

'Puerto Rico is experiencing an economic transformation,' DDEC Secretary says
Issued: February 27, 2015
Puerto Rico’s economy has stepped into positive territory and will continue growing thanks to monetary and human capital that has come to th ...

more Local news
Congress' dysfunction not limited to Homeland Security fight
Issued: March 1, 2015
WASHINGTON — Congress' dysfunction isn't limited to the struggle to keep a Cabinet department running without interruption.

Moody's downgrades Chicago's rating over pensions
Issued: February 28, 2015
CHICAGO — Moody's Investors Service has downgraded Chicago's credit rating to two levels above junk status, citing the city's $2 ...

Annual report offers new clues about Buffett's successor
Issued: February 28, 2015
OMAHA, Neb. — Billionaire Warren Buffett is proud of what he's built as Berkshire Hathaway's CEO over the past 50 years, but he' ...

5 reasons US economy is stronger than Q4 GDP suggests
Issued: February 28, 2015
WASHINGTON — The U.S. economy grew at a modest annual rate of 2.2 percent in the fourth quarter, less than half the third quarter's torr ...

Congress OKs 1-week bill to keep Homeland Security open
Issued: February 28, 2015
WASHINGTON — Bordering on dysfunction, Congress passed a one-week bill late Friday night to avert a partial shutdown of the Homeland Securit ...

As tastes change, big food makers try hipster guises
Issued: February 28, 2015
HUNTINGTON BEACH, Calif. — At a taco shop in Southern California, milkshakes are served in mason jars and a chalkboard menu lists "The ...

Dems call GOP Homeland Security strategy a political blunder
Issued: February 28, 2015
WASHINGTON — Democrats are losing some skirmishes over the Department of Homeland Security, but many feel they are winning a political war t ...

Buffett reflects on his firm's success and strength
Issued: February 28, 2015
OMAHA, Neb. — Investor Warren Buffett believes his company, Berkshire Hathaway, will continue to thrive for decades thanks to its vast and v ...

Stocks slip after weaker growth, end best month since 2011
Issued: February 27, 2015
February proved to be a strong month for U.S. stocks, even though it ended in downbeat fashion.

Partial shutdown? House rejects Homeland Security funding
Issued: February 27, 2015
WASHINGTON — The Republican-controlled House unexpectedly rejected short-term funding for the Department of Homeland Security on Friday, inc ...

US consumer sentiment slips in February on icy weather
Issued: February 27, 2015
WASHINGTON — Harsh winter weather left U.S. consumers feeling a bit less confident this month, the University of Michigan says. But confiden ...

Miss America Organization president is stepping down
Issued: February 27, 2015
ATLANTIC CITY, N.J. — The president of the Miss America Organization is stepping down after nearly two years at the helm.

White House drafts privacy bill, consumers push for more
Issued: February 27, 2015
WASHINGTON — Amid "rapid growth" in the collection of data on Americans, the White House has drafted legislation that calls on bus ...

Fiat Chrysler recalls 467K SUVs for possible stalling
Issued: February 27, 2015
DETROIT — Fiat Chrysler is recalling more than 467,000 Dodge and Jeep SUVs worldwide to fix a faulty fuel pump relay at the root of a potent ...

more National news
No plane, many discoveries in yearlong search for Flight 370
Issued: March 1, 2015
WELLINGTON, New Zealand — The yearlong search for Malaysia Airlines Flight 370 has turned up no sign of the plane, but that doesn't mean ...

Caricom to analyze implications of legalizing marijuana use
Issued: March 1, 2015
NASSAU, Bahamas — A Caribbean trade bloc says it will form a commission to analyze the social, economic, health and legal impact of decrimin ...

Venezuela to limit US diplomat number, require tourist visas
Issued: February 28, 2015
CARACAS, Venezuela — President Nicolas Maduro announced Saturday that he will limit the number of U.S. diplomats allowed to work in Venezuel ...

Greece will not seek another bailout, prime minister says
Issued: February 28, 2015
ATHENS, Greece — Greece won't seek a third bailout deal, the prime minister said Saturday, having succeeded in separating the loan agree ...

China's central bank cuts rates again to boost economy
Issued: February 28, 2015
BEIJING — China on Saturday cut interest rates for the second time in three months, adding to signs that Chinese leaders are worried that th ...

Greek prime minister rules out third bailout
Issued: February 27, 2015
ATHENS, Greece — Prime Minister Alexis Tsipras says Greece will not ask for a third bailout, and that the issue of how his country will repa ...

Global stocks lackluster ahead of revised US growth figures
Issued: February 27, 2015
BEIJING — Global stocks were lackluster Friday after Japan reported mixed economic data and investors waited for revised U.S. growth figures ...

Airbus says net profit soared in 2014
Issued: February 27, 2015
PARIS — Airbus says its net profit soared 59 percent last year as a record-high number of jet deliveries helped offset a 551 million euros e ...

In message to US, Iran test fires new weapon in naval drill
Issued: February 27, 2015
TEHRAN, Iran — With an eye on U.S.-led nuclear talks, Iran's Revolutionary Guard on Friday announced it had test fired a "new strat ...

German Parliament approves Greece's bailout extension
Issued: February 27, 2015
BERLIN — Germany's Parliament overwhelmingly approved the four-month extension of Greece's financial bailout on Friday, despite unea ...

German consumer groups warns Facebook over data protection
Issued: February 26, 2015
BERLIN — German consumer groups said Thursday they will file a lawsuit against Facebook unless the social network changes its terms of servi ...

Young Spaniards moving to Germany get trapped in dismal jobs
Issued: February 26, 2015
BERLIN — Edur Ansa couldn't find work for a year after he got his nursing degree from Barcelona University. Like many other Spaniards, h ...

Mexico president in crisis is losing support of big business
Issued: February 26, 2015
MEXICO CITY — The full-page ad in Mexico's national newspapers was unusual, if not unprecedented: 20 powerful business groups and think ...

Reality sinks in for many Cubans on eve of talks with US
Issued: February 26, 2015
HAVANA — The jubilation that greeted the announcement of U.S.-Cuban detente two months ago has faded to resignation for many Cubans who are ...

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