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The new governor of Puerto Rico expects "considerable support for a statehood bill" from this Congress

"We need a game-changer in Puerto Rico. And one game-changer would be that we get equal treatment in key federal programs," Gov. Pedro Pierluisi said. Puerto Rico governor Pedr.....»»

Category: dealsSource: nytFeb 14th, 2021

: Former Bank of England Governor Mervyn King sees risk of another global financial crisis

Another financial crisis, this time sparked by rising corporate and sovereign debt, is a risk, said former Bank of England Governor Mervyn King......»»

Category: topSource: marketwatchJan 4th, 2021

Airbnb"s CEO compared the coronavirus crisis to Hurricane Maria, saying its business will bounce back, just as it did after the storm that ravaged Puerto Rico

Mike Cohen/Getty Images for The New York Times Airbnb CEO Brian Chesky on Monday promised hosts that the company's business will bounce back following the.....»»

Category: topSource: businessinsiderMar 30th, 2020

Elon Musk says Tesla will make ventilators in case of a shortage caused by the coronavirus — here are all the other humanitarian crises he"s tried to fix (TSLA)

REUTERS/Rashid Umar Abbasi Tesla and SpaceX CEO Elon Musk doesn't shy away from a crisis.  The billionaire has offered his help on everything from supplying power to Puerto Rico following Hurri.....»»

Category: topSource: businessinsiderMar 21st, 2020

Puerto Rico gets investors" OK to reduce debt load by $24 billion, inching closer to the end of bankruptcy

Reuters/Alvin Baez Puerto Rico struck a deal with bondholders Sunday that reduces debt by $24 billion while agreeing to pay back debt 10 years sooner than before. Puerto Rico has s.....»»

Category: topSource: businessinsiderFeb 11th, 2020

Hedge Fund and Insider Trading News: Citadel, Moore Capital Management, Baupost Group, Elliott Management, Sleep Number Corp (SNBR), Ashland Global Holdings Inc (ASH), and More

Baupost Sheds Puerto Rico Debt That Drove Ivy League Protest (Bloomberg) Baupost Group, which was targeted by student divestment campaigns over.....»»

Category: topSource: insidermonkeyFeb 7th, 2020

Puerto Rico Governor Supports Animal Fighting Venture

Animal Wellness Tells Puerto Rico Governor Wanda Vázquez That She’s Abetted Criminal Activity and Violated Her Constitutional Duties with Animal Fighting Venture Governor and Commonwealth Legislat.....»»

Category: blogSource: valuewalkDec 26th, 2019

AT&T to sell Puerto Rico business as it looks to pay down debt

Liberty Latin America will pay $1.95 billion in the deal, which also includes U.S. Virgin Islands operations......»»

Category: topSource: foxnewsOct 10th, 2019

AT&T to sell certain assets in Puerto Rico, U.S. Virgin Islands for $1.95 billion

AT&T Inc said on Wednesday it would sell its wireless and wireline operations in Puerto Rico and U.S. Virgin Islands to Liberty Latin America Ltd for $1.95 billion, as the second-largest U.S. wireless carrier cuts its huge debt pile......»»

Category: topSource: reutersOct 9th, 2019

Wanda Vázquez is the new governor of Puerto Rico She faced heat before ever taking the office: Here"s why

Reuters After embattled Puerto Rico governor Ricardo Rosselló announced his resignation, the woma.....»»

Category: topSource: businessinsiderAug 7th, 2019

Puerto Rico"s Supreme Court Invalidates Swearing In Of New Governor

Several weeks after Former Puerto Rican Gov. Ricardo Rossello resigned following a mass protest movement dedicated to ousting him, the comm.....»»

Category: blogSource: zerohedgeAug 7th, 2019

Trump administration to place new restrictions on billions in aid for Puerto Rico amid island’s political crisis

President Trump has asked aides to find new safeguards for Puerto Rico funding, leading to the new plan, senior officials said......»»

Category: topSource: washpostAug 1st, 2019

Trump administration to place new restrictions on billions in Puerto Rico aid

President Trump has asked aides to find new safeguards for funding amid a political crisis on the island, leading to the new plan, senior officials said......»»

Category: topSource: washpostAug 1st, 2019

Understanding the Anger Boiling Over in Puerto Rico

Puerto Rico Governor Ricardo Rossello said he would resign after two weeks of furious protests over a string of profanity-laced text messages in which he disparaged ordinary c.....»»

Category: topSource: washpostJul 29th, 2019

Puerto Rico"s New Governor Hit With Ethics Probe One Day After Rossello"s Resignation

The hundreds of thousands of protesters who rallied across Puerto Rico (and in Puert.....»»

Category: blogSource: zerohedgeJul 26th, 2019

Puerto Rico Governor Ricardo Rosselló announces that he will officially leave office on August 2

Reuters/Alvin Baez/File Photo Puerto Rico Governor Ricardo Rosselló announced W.....»»

Category: topSource: businessinsiderJul 25th, 2019

Puerto Rico Governor Ricardo Rosselló Resigns After Weeks Of Protest

Following weeks of unrest amid a corruption scandal and damning text messages, Puerto Rico Governor Ricardo Ros.....»»

Category: blogSource: zerohedgeJul 25th, 2019

Protests in Puerto Rico show no sign of stopping as thousands take to the streets demanding governor resign over leaked text messages

AP Photo/Dennis M. Rivera Pichardo Thousands of protesters have jammed streets in San Juan since Saturday, calling .....»»

Category: topSource: businessinsiderJul 19th, 2019

Puerto Rico Bondholders Agree to $35B Debt Restructuring Deal

This article was originally published on ETFTrends.com......»»

Category: topSource: foxnewsJun 18th, 2019

Puerto Rico reaches key deal with power company bondholders

Puerto Rico's government has reached a key debt restructuring deal with a group that bought bonds issued by the U.S. territory's power company......»»

Category: topSource: foxnewsMay 3rd, 2019