The half-day workshop, conducted entirely in Spanish, will take place at Hyatt Place San Juan. #NewsismyBusiness
President Joe Biden has announced that he intends to name Puerto Rican attorney María Luisa Pagán to be deputy US trade representative and ambassador to the Geneva-based World Trade Organization (WTO). Her nomination must be confirmed by the US Senate. Pagán was born and raised in Puerto Rico and currently resides in Maryland. A federal […]
By Larry LuxnerSpecial to News is my Business Sen. Mike Lee, a Utah Republican viewed as one of the most conservative members of Congress, said lighting “a Dumpster full of manure on fire” would be an appropriate way to mark today’s 100th anniversary of the Jones Act. The controversial legislation, approved by Congress on June […]
Seven weeks after Hurricane María devastated Puerto Rico, most of its 3.4 million inhabitants still don’t have electricity. And the island’s deeply indebted economy — already in crisis before the storm — is in worse shape than ever, warned a panel of economists meeting Tuesday afternoon in Washington.
Puerto Rico’s population will dip under 3 million within a year — for the first time since the mid-1970s — if current rates of emigration continue, warns Jenniffer González-Colón, the island’s resident commissioner in Washington.
Ukraine, 66 times the land area of Puerto Rico, is the largest country wholly within Europe. The Texas-size former Soviet republic has precious little in common with the tiny U.S. commonwealth except that both are rapidly losing population — and both face huge fiscal challenges ahead.
WASHINGTON — A group of economists meeting in Washington debated Puerto Rico’s fiscal future Wednesday, the day after a deadline for the Commonwealth to negotiate a payment plan with its debtholders expired, and just as Puerto Rico Gov. Ricardo Rosselló filed for a type of bankruptcy protection under PROMESA.
Carnival, Royal Caribbean, Norwegian Cruise Line and Pearl Seas Cruises are all offering cruise-ship packages to Cuba — and giving ordinary Americans the chance to visit an island denied to them for half a century.
Cuban-born Manuel Cidre, a highly successful CEO who’s put off by the partisan bickering he says has crippled the island’s economy, wants to make Puerto Rico great again — so he’s running for governor as an independent.
WASHINGTON — Half a dozen tax attorneys and D.C. policy wonks bickered Tuesday over how to bring Puerto Rico out of its perennial economic crisis in the context of PROMESA, the Puerto Rico Oversight, Management and Economic Stability Act.
More than 900 people have signed up to attend the Florida-Caribbean Cruise Association’s 23rd annual Cruise Conference & Trade Show, set for Sept. 26-30 in San Juan.
The massive exodus of Puerto Ricans to the U.S. mainland and the island’s continuing financial mess is certainly bad news, but the increased air traffic has been a bonanza for Aerostar Airport Holdings LLC, the company that’s taken over management of San Juan’s Luis Muñóz Marín International Airport.
Hidden in a Guaynabo industrial park — and wedged among a department store, an air-conditioning distributor and a manufacturer of industrial equipment — Gustos Coffee Co. runs one of San Juan’s most eclectic coffee shops as well as a roasting plant aimed at satisfying the indulgences of demanding local coffee drinkers
LARES — One of Puerto Rico’s most prominent coffee-growing families is pouring $15.5 million into a complex that includes Hotel Hacienda Lealtad — a five-star boutique mountain resort aimed at wealthy tourists with a passion for gourmet coffee.
WASHINGTON — In the past 12 months, it’s become fashionable to equate Puerto Rico’s fiscal meltdown with the recent Greek tragedy in which a proud nation of 11 million inhabitants nearly got kicked out of the 28-member European Union.
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