Citing Puerto Rico’s ongoing budget gap, New York-based Standard & Poor's Ratings Services on Wednesday lowered the government’s general obligations rating to 'BBB-' from 'BBB' — one notch above junk. The outlook is negative.
Government Development Bank President Javier Ferrer said the García-Padilla administration is “analyzing all types of measures” to address Puerto Rico’s critical fiscal problems fronted by the drained public retirement systems that are being closely watched ...
Visa Inc. announced it reached $93 billion in total payments volume for the period ended on September 30, 2012, compared to $89 billion reported last fiscal year during the same period in the Caribbean and ...