Market jolt is reality check for investors

NEW YORK — Sometimes a little fear is healthy for stock investors.

Ebola case in NYC spurs calls for quarantines

NEW YORK — The case of the U.S. doctor stricken with Ebola left lawmakers on Cap ...

Doral sues ex-CFO over confidentiality; star govt witness in $230M tax trial

Doral Financial Corp. has filed a $5 million lawsuit against a former chief fina ...

Carrión: We’re always on the lookout

Popular, Inc. is keeping it eyes open for potential acquisitions as it gets out ...

Horizon net rises to $9.5M in 3Q
Issued: October 24, 2014
Horizon Lines posted third-quarter net income of $9.5 million compared with ...

Aguadilla muni wage going to $10.25
Issued: October 24, 2014
Aguadilla Mayor Carlos Méndez said Friday that the minimum wage for municip ...

PR govt report: 35,000 fewer working
Issued: October 24, 2014
The Puerto Rico Labor Department said Wednesday there were 981,000 people e ...

PR properties make Condé Nast ‘best’ lists
Issued: October 24, 2014
Two Puerto Rico hotels were picked among the Caribbean and Atlantic region’ ...

OFG: 3Q solid despite PR’s ‘economic malaise’
Issued: October 24, 2014
OFG Bancorp, the holding company of Puerto Rico’s Oriental Bank, reported income available to common shareholders for the third quarter tota ...

Construction begins on Crowley’s new LNG-powered ships for PR trade
Issued: October 23, 2014
Construction got under way this week on the first of two liquefied natural gas (LNG)-powered, combination container ships for Crowley Mariti ...

GDB to host investor webcast next week
Issued: October 23, 2014
Puerto Rico’s Government Development Bank will host a webcast next week to update investors on Puerto Rico's fiscal and economic plans.

USDA grants SUAGM $454K for transmitters
Issued: October 23, 2014
The U.S. Agriculture Department has awarded a private university system in Puerto Rico nearly $454,000 under a federal program to make broad ...

Appeal sought in PR gay marriage case
Issued: October 23, 2014
The five gay couples who sued the Puerto Rico government to end the island’s ban on same-sex marriages will appeal after a federal judge in ...

Report: PR suffering from ‘toxic mix’ of policy uncertainty and austerity
Issued: October 22, 2014
Policy uncertainty is clouding the forecast for Puerto Rico’s economic growth, according to a new report from a Washington, D.C.,-based secu ...

Prepa ex-officials face fraud, other charges
Issued: October 22, 2014
Puerto Rico’s Justice Department has filed fraud and other charges against officials at the troubled state-owned power utility in the U.S. t ...

WOSO silenced by unpaid power bill
Issued: October 22, 2014
Puerto Rico’s only English-language news radio station has been silenced by an unpaid power bill.

Popular nets $62.6M in 3Q; NY Fed MOU dating back to 2011 is lifted
Issued: October 22, 2014
Popular, Inc. reported a net income of $62.6 million for the third quarter, compared to net loss of $511.3 million for the previous three-mo ...

Work starts on $30M Hyatt Place SJ, is third Convention Center District hotel
Issued: October 22, 2014
Construction officially got under way Tuesday on the Hyatt Place San Juan, a 149-room hotel in the San Juan Convention Center District.

more Local news
Federal officials: Dallas nurse free of Ebola
Issued: October 24, 2014
WASHINGTON — The first nurse diagnosed with Ebola after treating an infected man at a Dallas hospital is free of the virus.

After 1st Ebola case in NYC, 3 others quarantined
Issued: October 24, 2014
NEW YORK — A doctor who became New York City's first Ebola patient was praised for getting treatment immediately upon showing symptoms, ...

NY doctor back from Guinea has Ebola, 1st in city
Issued: October 23, 2014
NEW YORK — An emergency room doctor who recently returned to the city after treating Ebola patients in West Africa has tested positive for t ...

Warren running for president? 'I don't think so'
Issued: October 23, 2014
WASHINGTON — Massachusetts Sen. Elizabeth Warren tends to stick to the script when she's asked about a potential 2016 presidential campa ...

White House fence jumper held without bond
Issued: October 23, 2014
WASHINGTON — The 23-year-old Maryland man who climbed over the White House fence was ordered held without bond in an appearance Thursday bef ...

Stocks surge as US companies report higher profits
Issued: October 23, 2014
NEW YORK — Stocks are rising sharply in afternoon trading, driven by big profit gains from U.S. companies.

Ebola: A crash course in fear and how it hurts us
Issued: October 23, 2014
WASHINGTON — Ebola is giving Americans a crash course in fear.

Gauge of US economy posts solid 0.8% gain
Issued: October 23, 2014
WASHINGTON — A gauge designed to predict the economy's future health posted a solid increase in September after no gain in the previous ...

Camel maker Reynolds snuffs out workplace smoking
Issued: October 22, 2014
RICHMOND, Va. — Camel cigarette maker Reynolds American Inc. is snuffing out smoking in its offices and buildings.

FedEx, UPS make plans for a better holiday season
Issued: October 22, 2014
DALLAS — Facing an even bigger mountain of packages this holiday season, FedEx and UPS are hiring more workers to avoid the delays that frus ...

US to track everyone coming from Ebola nations
Issued: October 22, 2014
WASHINGTON — Stepping up their vigilance against Ebola, federal authorities said Wednesday that everyone traveling into the U.S. from Ebola- ...

Johnson & Johnson plans Ebola vaccine testing
Issued: October 22, 2014
NEW BRUNSWICK, N.J. — Johnson & Johnson will begin safety testing in early January on a vaccine combination that could protect people fr ...

Social Security benefits to go up by 1.7%
Issued: October 22, 2014
WASHINGTON — Millions of older Americans who rely on federal benefits will get a 1.7 percent increase in their monthly payments next year, t ...

Ben Bradlee remembered for invigorating journalism
Issued: October 22, 2014
WASHINGTON — In a charmed life of newspapering, Ben Bradlee seemed always to be in just the right place.

more National news
Venezuelans brace for slump in oil prices
Issued: October 24, 2014
CARACAS, Venezuela — The falling oil prices that are providing relief to drivers around the world threaten to bring more misery to the life ...

Dominican Republic rejects int'l court decision
Issued: October 24, 2014
SANTO DOMINGO, Dominican Republic — The Dominican Republic is rejecting a decision by the Inter-American Court of Human Rights that found th ...

Putin accuses US of undermining global stability
Issued: October 24, 2014
MOSCOW — The United States is destabilizing the global order by trying to impose its will on other nations, Russian President Vladimir Putin ...

WHO: Millions of Ebola vaccine doses ready in 2015
Issued: October 24, 2014
LONDON — The World Health Organization says millions of doses of two experimental Ebola vaccines could be ready for use in 2015 and five mor ...

China, 20 other countries initiate new Asian bank
Issued: October 24, 2014
BEIJING — Twenty-one Asian nations have signed on to a China-driven initiative to create a new development bank for Asia that's aimed at ...

Global stocks rattled by Ebola case in New York
Issued: October 24, 2014
SEOUL, South Korea — Global stock markets retreated Friday as the first case of Ebola in New York overshadowed positive economic news.

Argentina issues $1 billion, 2-year bond
Issued: October 23, 2014
BUENOS AIRES, Argentina — Argentina is launching a new two-year sovereign bond for $1 billion.

France reclaims title: world's largest wine maker
Issued: October 23, 2014
PARIS — France has reclaimed its crown as world's biggest wine producer after a poor 2014 harvest saw Italy's wine production plunge ...

European authorities aim to purge weak banks
Issued: October 23, 2014
FRANKFURT, Germany — Europe's biggest banks are facing a day of judgment as the European Central Bank prepares to unveil the results of ...

US: IS earns $1M per day in black market oil sales
Issued: October 23, 2014
WASHINGTON — The U.S. Treasury Department says Islamic State militants are earning about $1 million a day just from black market oil sales.

2 dead in shooting attack at Canada's Parliament
Issued: October 22, 2014
OTTAWA, Ontario — A gunman with a scarf over his face shot to death a Canadian soldier standing guard at the nation's war memorial Wedne ...

China economy grows at slowest pace in 5 years
Issued: October 21, 2014
BEIJING — China's economic growth waned to a five-year low of 7.3 percent last quarter, raising concerns of a spillover effect on the gl ...

Total CEO killed in Moscow runway crash
Issued: October 21, 2014
MOSCOW — Christophe de Margerie, the charismatic CEO of Total SA who helped establish the multinational oil company as one of the world' ...

Cuba invites US to cooperate on Ebola
Issued: October 20, 2014
HAVANA — Cuban is willing to work with the United States in the fight against Ebola, President Raul Castro said at a summit of leftist Latin ...

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