Monday, August 3, 2020

Latest News

  • Clinton’s Response to Sanders has some Democrats Worried

    WASHINGTON – Hillary Clinton has questioned Bernie Sanders’ electability. She’s criticized his plans for health care, foreign policy and Wall Street. And she’s tagged him with flip-flopping on gun control. None of it appears to be sticking,...

    • Posted January 22, 2016
  • Stock Market Tumble Could Keep Pension Funds Behind

    The slide on Wall Street could damage public employee pension funds around the country, most of which haven’t even recovered from the Great Recession, and the burden could end up falling on taxpayers. Stocks have been tumbling...

    • Posted January 22, 2016
  • Portugal’s new Gov’t says Goodbye to Post-bailout Austerity

    LISBON, Portugal – Portugal’s new Socialist government is promising to lower the country’s budget deficit this year, while also scrapping unpopular austerity measures. A draft 2016 state budget presented to Parliament on Friday puts the deficit target...

    • Posted January 22, 2016
  • Draghi: ECB has ‘Plenty of Instruments’ to Boost Inflation

    FRANKFURT, Germany – European Central Bank head Mario Draghi says the eurozone’s monetary authority has “plenty of instruments” available to boost inflation that’s too low. He added that the bank’s governing council has “the determination and the...

    • Posted January 22, 2016
  • American Express to Trim $1 Billion in Expenses

    NEW YORK – American Express plans to trim $1 billion in expenses over the next two years as it deals with the impact of the strong dollar and fierce competition for its cardholders. Its fourth-quarter profit declined...

    • Posted January 21, 2016
  • Auto Recalls Last Year Break Annual Record Set in 2014

    DETROIT – Automobile recalls hit another record last year as stronger government enforcement and widening recalls of exploding air bags pushed the total above 51 million vehicles. The 2015 number barely beat the old record set in...

    • Posted January 21, 2016
  • US Stocks Rise as Energy Stocks Rally Following Big Slump

    NEW YORK – Stocks rose Thursday and recovered some of their steep losses from the day before. The price of oil also recovered from a big decline. That lifted energy companies, which have been struggling as energy...

    • Posted January 21, 2016
  • US Announces Plan for new Visa Rules for some Europeans

    WASHINGTON – The Obama administration tightened restrictions on European and other travelers who have visited Iran, Iraq, Syria or Sudan in the last five years, even as it said the new rules may not apply to those...

    • Posted January 21, 2016
  • Cheaper Fuel Boosts 4Q Profit at United, Southwest

    DALLAS – Lower fuel prices are boosting airline profits and leaving enough left over for passengers to get slightly lower fares. United Continental Holdings Inc. and Southwest Airlines Co. reported Thursday that fourth-quarter earnings soared as fuel...

    • Posted January 21, 2016
  • Economist Predicts Gov’t to Run Out of Cash by March, Congress to Impose Control Board in Response

    SAN JUAN – The Puerto Rico government would run out of money by March, essential services to citizens would be severely affected and the U.S. Congress would impose a fiscal control board to remedy the situation, Puerto...

    • Posted January 21, 2016
  • Southwestern Energy to Cut 1,100 Jobs Amid Oil Slump

    NEW YORK – Southwestern Energy said it will cut 1,100 jobs, or about 44 percent of its workforce, as the oil and gas company deals with a drop in prices. The company, the third-largest natural gas producer...

    • Posted January 21, 2016
  • Senate Approves Probe Into EVERTEC after Network Outage

    SAN JUAN – The Puerto Rico Senate will investigate the processing of electronic payment transactions carried out by EVERTEC, a company based in San Juan, after it passed a resolution to such an effect Thursday. Popular Democratic...

    • Posted January 21, 2016
  • Judge Skeptical of Immunity Argument by UN Case Defendant

    NEW YORK – A New York federal judge seems unimpressed with a U.S. citizen’s claims to immunity in a United Nations bribery scandal because he was working as a diplomat for a foreign government. Judge Vernon Broderick...

    • Posted January 21, 2016
  • Republican Party in Puerto Rico Prepares Voting List for Presidential Primaries

    The Republican Party in Puerto Rico carried out a drawing Thursday to determine the position on the ballot that each of the 12 aspiring candidates from that party for the presidency of the United States will occupy...

    • Posted January 21, 2016