Puerto Rico is facing better odds of defaulting on its debt, Moody’s Analytics said Monday, adding that fiscal problems, high unemployment rate and a shrinking population are fueling the problem.
International Meal Company is jump-starting plans announced last year to make significant investments in its operations at the Luis Muñoz Marín International Airport, as well as expand its reach outside the facility with the establishment of at least three Carl’s Jr. burger restaurants, company officials confirmed Monday.
Retailer Bath & Body Works made its highly anticipated debut in Puerto Rico Monday — more than two decades after first setting up shop in Ohio — with the opening of a 4,700 square-foot store in the Plaza Las Américas mega-mall in Hato Rey.
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