Wednesday, July 8, 2020

Latest News

  • Faced with Array of Risks, CEOs Increasingly Pessimistic

    DAVOS, Switzerland – Facing a cocktail of risks from the economic slowdown in China to the rise of the Islamic State group, chief executives around the world are more pessimistic about the global economy than at any...

    • Posted January 19, 2016
  • Gov’t Report: Budget Deficit to Rise to $544B this Year

    WASHINGTON – A government report released Tuesday estimates that this year’s budget deficit will rise to $544 billion, an increase over prior estimates that can be attributed largely to tax cuts and spending increases passed by Congress...

    • Posted January 19, 2016
  • Ports Authority Director says Privatization Reports are False

    SAN JUAN – The executive director of the Puerto Rico Ports Authority, Ingrid Colberg Rodríguez, said Tuesday that reports on talks to privatize the public corporation were false. According to an article published on a daily newspaper...

    • Posted January 19, 2016
  • Parties, Badges and Snipers: An Informal Guide to Davos

    DAVOS, Switzerland – Davos seems made to host the world elite. The town of 10,000 people is tucked away in a picturesque Swiss ski resort that takes hours to reach by train – unless you have a...

    • Posted January 19, 2016
  • Getting in on the Joke, Univision Buys Stake in The Onion

    NEW YORK – It’s not a joke. Spanish-language broadcaster Univision is buying a stake in the owner of The Onion, the satirical news site. “I’m happy to announce that we’ve just finished a deal with what might...

    • Posted January 19, 2016
  • As Wealthy Brazilians Snap Up Miami Real Estate, Few Benefit

    MIAMI – Facing a teetering economy at home, wealthy Brazilians have been pouring money into what they increasingly see as the safest place to invest: South Florida real estate. So are Argentinians, Colombians, Mexicans, Venezuelans, French and...

    • Posted January 19, 2016
  • GUIA Forecast: Dismal 77,000 Vehicles to be Sold in 2016

    SAN JUAN – The United Automobile Importers Group (GUIA by its Spanish acronym) is forecasting the sale of 77,000 new autos for 2016, a number similar to the industry’s worst year on record set in 2009, after...

    • Posted January 19, 2016
  • UnitedHealth 4Q Profit Drops, Still Tops Street Forecasts

    UnitedHealth Group closed 2015 with a 19-percent drop in fourth-quarter profit, but the nation’s largest health insurer still topped Wall Street’s expectations thanks in part to growth outside of its core business. The Minnetonka, Minnesota, company said...

    • Posted January 19, 2016
  • Iran Moves Assets, Awaits Benefits as Sanctions are Lifted

    TEHRAN, Iran – Iran successfully transferred some of the billions of dollars’ worth of frozen overseas assets following the implementation of the nuclear deal with world powers, the head of the country’s central bank said Tuesday. But...

    • Posted January 19, 2016
  • IMF Downgrades Outlook for World Economy Again

    WASHINGTON – The International Monetary cut its forecast for global and U.S. economic growth in 2016 Citing weakness in the developing world, the IMF said Tuesday that the world economy will grow 3.4 percent, down from an...

    • Posted January 19, 2016
  • China’s Slowdown Challenges Government, Companies

    BEIJING – China’s slowdown is ratcheting up financial stress on companies while the country’s leaders scramble to avoid a spike in job losses. Full-year 2015 growth of 6.9 percent was the lowest in 25 years, posing different...

    • Posted January 19, 2016
  • Bank of America 4Q Profit Rises 10 Percent, Beats Forecasts

    NEW YORK – Bank of America profits rose nearly 10 percent in the fourth quarter as the bank cut costs and generated better results from lending and other activities in its consumer banking division. The consumer banking...

    • Posted January 19, 2016
  • She has now her first boyfriend

    After years of celibacy, she has a boyfriend. Produced in Puerto Rico for the world, the high fashion magazine Imagen for the professional woman of today, has a boyfriend! His name: “Web”. See the happy couple online...

    • Posted January 19, 2016
  • Sam’s Club to Accept Visa Credit Cards

    Visa Inc. and Wal-Mart Stores Inc. announced Tuesday that the companies have entered into an agreement through which Sam’s Club locations will accept Visa credit cards starting Feb. 1. “Sam’s Club is the eighth largest retailer in...

    • Posted January 19, 2016