A Key Biscayne, Florida, resident and the former CEO of a now-bankrupt multinational pharmaceutical company was sentenced to 30 years in prison followed by five years of supervised release yesterday for his role in a $100 million scheme to defraud Westernbank of Puerto Rico. The losses triggered a series of events leading to Westernbank’s insolvency […]
The Financial Oversight and Management Board for Puerto Rico has filed a lawsuit against the Gov. Ricardo Rosselló, and the Puerto Rico Fiscal Agency and Financial Advisory Authority in the U.S. District Court for Puerto Rico to prevent the government from enforcing Law 29 and to compel it to comply with the Puerto Rico Oversight, […]
With the commitment to inject agility to, and become a meeting point for businesses, the United Retailers Association announced its annual convention to be held July 19-21 at the Wyndham Grand Rio Mar hotel. The CUD, as the trade group is known for its initials in Spanish, will take the opportunity to reveal the results […]
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
