Economy

• Pep Boys agrees To Be Bought By Icahn For $1 Billion

  NEW YORK – Pep Boys will be acquired by Carl Icahn for $1 billion,...

  • Posted December 30, 2015
• Puerto Rico Economic Activity Sees Slight Drop In November

  SAN JUAN – Puerto Rico’s economic activity index (EAI) fell 0.5 percent year-on-year in...

  • Posted December 30, 2015
• Ambac (AMBC) Releases Letter to Puerto Rico Governor on Illegal PRIFA Clawback

  NEW YORK – Ambac Financial Group, Inc. (Nasdaq: AMBC) announced Tuesday that Ambac Assurance...

  • Posted December 30, 2015
• Raul Castro Prepares Cuba For Tough Year Despite US Opening

  HAVANA (AP) – President Raul Castro warned Cubans on Tuesday to prepare for tough...

  • Posted December 30, 2015
• Amid Cuba Opening, Havana Quinceanera Biz Booms

  HAVANA (AP) – Up a winding flight of stairs at a beachside Havana home,...

  • Posted December 30, 2015
• Trinidad PM Warns Of Hard Economic Times Ahead

  PORT-OF-SPAIN, Trinidad (AP) – Trinidad and Tobago’s leader warned that the Caribbean nation will...

  • Posted December 30, 2015
• USVI Legislators To Debate Hovensa Deal With US Equity Firm

  CHARLOTTE AMALIE, U.S. Virgin Islands (AP) – Legislators in the U.S. Virgin Islands are...

  • Posted December 30, 2015
• Sao Paulo Opens Path To Regularize Uber; Cabbies Protest

  SAO PAULO (AP) – Brazil’s biggest city has proposed a path to legalize the...

  • Posted December 30, 2015
• US Home Prices Climb In October, Helped By Solid Job Market

  WASHINGTON (AP) – Steady job growth, low mortgage rates and tight inventories helped fuel...

  • Posted December 30, 2015
• Hired Labor’s Share of Income Is Lowest in Puerto Rico

  The following is an Issue Brief posted Tuesday by the Heritage Foundation, a Washington,...

  • Posted December 29, 2015
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