GDB: P.R. will be $923M in the red by summer
January 19, 2016
Puerto Rico will be $923 million in the hole by summer if it meets all of its upcoming obligations, including debt service payments and payments to suppliers, as the fiscal crisis tightens its grip on the island’s finances.
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PPG to end Glidden, Superior paint manufacturing in P.R.
January 19, 2016
PPG Architectural Coatings announced that it will be pulling the plug on the production of Glidden and Superior brand paints at its Carolina facility, which will be converted to a large-scale distribution center.
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Medicare refund rates for P.R. hospitals to be increased
January 19, 2016
Puerto Rico hospitals will soon begin receiving the same basic reimbursement rate — known as the “base rate” — as hospitals in the U.S. mainland for treating Medicare patients, Resident Commissioner Pedro Pierluisi said Monday.
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