The U.S. House of Representatives approved Thursday the Supplemental Appropriations Bill Disaster, HR 2266, which allocates $35 billion for emergencies and benefits Puerto Rico in the recovery phase following the landfall of two hurricanes in less than two weeks.
Baxter International Inc. said Thursday while it is anticipating a reduction in revenue for fourth quarter 2017 as a result of Hurricane María, it expects to “mitigate the related earnings impact through positive performance in other areas of the business.”
Avara’s Arecibo plant did not sustain significant impact to its critical manufacturing areas, and the company is expected to continue delivering to customers, the company’s CEO, Tim Tyson said Thursday.