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.
Federal Communications Commission Chairman Ajit Pai wrapped up a two-day visit to Puerto Rico on Monday, where he met with government and industry officials to see and hear about the status of recovery efforts following Hurricane María.
First BanCorp., the bank holding company for FirstBank Puerto Rico, reported a net loss of $10.8 million for the third quarter of 2017 compared to net income of $24.1 million for the third quarter of 2016.