Senate grills experts on Ch. 9, fiscal control board for P.R.
December 2, 2015
WASHINGTON — The debate over extending Chapter 9 bankruptcy protection to Puerto Rico and the possible creation of a federal fiscal control board to manage the island’s troubled finances took center stage Tuesday at a Senate Judiciary Committee hearing.
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950 private-sector co.’s ask for Christmas bonus waiver
December 2, 2015
About 950 Puerto Rico-based private-sector companies have asked the Department of Labor and Human Resources to be exempted from paying this year’s Christmas bonus, the agency revealed Tuesday.
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Security guard co. ordered to pay $166K in back wages
December 2, 2015
San Juan-based security guard company Optimus Investigations Corp. and its owner Jorge Rivera-Berríos has been ordered to pay more than $166,000 in back wages and liquidate damages to 243 employees misclassified as independent contractors, the U.S. Department of Labor announced Tuesday.
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