WASHINGTON — The two most prominent progressives in the U.S. Senate urged the federal government Thursday to help Puerto Rico stand up against the “vultures” they largely blame for the island’s current fiscal nightmare.
Following an investment of some $40 million, the renovation of the Plaza Del Caribe shopping center is nearing completion, mall officials said Wednesday.
What is that saying? Fool me once, shame on you, fool me twice, shame on me. For over a decade the Puerto Rico Electric Power Authority (PREPA) has reached out to the bond market promising up-graded facilities, new cheaper electricity with natural gas, solar and wind. Time and time again, it didn’t happen.
The Department of Homeland Security recently informed 18 states that their extension to comply with the federal REAL ID Act, a 2005 anti-terrorism law, is currently under review.
JetBlue and Seaborne Airlines on Wednesday began selling flights under a codeshare agreement that will offer customers increased travel options and new destinations throughout the Caribbean.
Government Development Bank President Melba Acosta said Tuesday the administration “has faith” it will pull Puerto Rico out of the fiscal abyss it is currently in, and will set up mechanism to avoid a repeat of the island’s current $73 billion debt scenario.
The 17th edition of the Puerto Rico International Auto Show kicked off Monday with a display of the latest models from the top automakers, who will be on hand at Plaza Las Américas through Nov. 1 to interact with mall-goers during the highly anticipated event.
Puerto Rico is $73 billion in the hole, a sustained drought recently led to severe water shortages — at one point forcing some San Juan residents to limit their showers to two a week — and potential rival Cuba is about to open up the floodgates to U.S. visitors.
Best Western Hotels & Resorts announced Monday the first North American hotel to join the BW Premier Collection — The Copamarina Beach Resort & Spa in Guánica. The BW Premier Collection, Best Western's soft brand, consists of carefully selected high-quality hotels in primary and destination markets, the company said.
Grupo Guayacán held capacity building workshops for angel investors over the weekend, offered by Troy Knauss, vice president of the Board of Trustees of the Angel Resource Institute.
With prolonged and recurrent stays, the guests of Hyatt House San Juan, located at the Convention Center District in Miramar, have propel the propert to surpass its first-year expectations, Francisco Mariani, manager of Hyatt Puerto Rico said.
General Fund net revenues for September totaled $758 million, representing an increase of $50.3 million, or 7.1 percent, year-over-year, but $17.4 million below estimates, Treasury Secretary Juan Zaragoza-Gómez said Thursday upon revealing the results.
The Senate’s Banking, Insurance and Telecommunications Committee on Thursday evaluated the appointment of Gladys A. Maldonado-Rodríguez as associate member of the Puerto Rico Telecommunications Regulatory Board.
Gov. Alejandro García-Padilla submitted late Thursday to the legislature the bill that will give way to the creation of a five-member fiscal oversight board that among other things, will be responsible for enforcing compliance with approved budgets.
The U.S. Department of Agriculture announced Thursday the availability of for loans and grants to support renewable energy and energy efficiency projects, ideal for rural small businesses, agency Under Secretary Lisa Mensah said.
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