Moody’s Investors Service on Wednesday released a report in which it predicted that Puerto Rico is “likely to default” on some of its debt service payments due in December, as “its liquidity pressure grows.”
The U.S. Small Business Administration is looking for business concepts having a positive impact on women and families through its “InnovateHER” competition that offers participants the chance to win up to $40,000 to develop projects.
Seaborne Airlines has reached agreement with Erie Aviation Inc. to perform aircraft upgrades to its SAAB 340B cabins. The financial terms of the agreement were not disclosed Wednesday.