Wednesday, February 8, 2023

Latest News

  • Planning Board Reports Upward Trend in Exports

    SAN JUAN – Puerto Rico Planning Board President Luis García Pelatti announced a $339.2 million, or 5.2 percent, increase in exports for October, when compared with the same month last year. Exports of registered merchandise showed a...

    • Posted December 25, 2015
  • UN Approves $5.4 Billion Operating Budget for 2016-2017

    UNITED NATIONS — The General Assembly has approved a $5.4 billion budget for the United Nations’ regular operations during 2016 and 2017, a slight decrease from the $5.5 billion budget for the previous two years. U.N. Secretary-General...

    • Posted December 25, 2015
  • Fedex isn’t Coming to Town With All Gifts on Christmas Eve

    Unlike Santa Claus, Federal Express is conceding it won’t be able to make all its scheduled deliveries on Christmas Eve. FedEx is hoping to ease the disappointment by delivering packages on Christmas Day and opening counters at...

    • Posted December 24, 2015
  • Bridgestone Raises Offer for Pep Boys to $947M

    NEW YORK – Bridgestone has raised its offer for Pep Boys to $947 million, topping a sweetened bid for the auto parts seller from activist investor Carl Icahn. The tire company’s bid is $17 per share from...

    • Posted December 24, 2015
  • Huge New Container Ship to Arrive at Port of Los Angeles

    LOS ANGELES — A huge new cargo ship is scheduled to arrive at the Port of Los Angeles this weekend. The CMA-CGM Benjamin Franklin will be the largest container ship ever to call at a North American...

    • Posted December 24, 2015
  • Fiat Chrysler Announces 2 Recalls of Nearly 500,000 SUVs

    NEW YORK — Fiat Chrysler Automobiles is recalling nearly 450,000 SUVs worldwide in two separate recalls that includes the Jeep Grand Cherokee. The automaker said Thursday about 353,000 Jeep Grand Cherokee and Dodge Durango SUVs with model...

    • Posted December 24, 2015
  • Trinidad Fires Bank Chief Who Named Foreign Exchange Buyers

    PORT-OF-SPAIN, Trinidad — The governor of the Central Bank of Trinidad and Tobago has been fired after releasing the names of companies that have bought one-third of the foreign exchange sold in the last three years, officials...

    • Posted December 24, 2015
  • Defying Fed Hike, 30-year Mortgage Rate Slips to 3.96 pct.

    WASHINGTON – What Fed rate hike? One week after the Federal Reserve raised short-term interest rates slightly from record lows, the average on a 30-year fixed mortgage went the other way: It dipped to 3.96 percent this...

    • Posted December 24, 2015
  • Carson’s Personal Brand Benefits from Presidential Campaign

    WASHINGTON — Ben Carson’s name and face adorn the walls of dozens of schools in the U.S. and a medical school in Nigeria. Mayors have handed him keys to their cities. His charity, founded in 1994, created...

    • Posted December 24, 2015
  • US Stocks Drift to a Mixed Close in Quiet Pre-Holiday Trade

    NEW YORK – Stocks closed slightly lower in extremely light trading Thursday as investors remained on the sidelines ahead of Christmas. The price of crude oil continued to recover. The Dow Jones industrial average fell 50.44 points,...

    • Posted December 24, 2015
  • Choking on Smog, Rome and Milan Issue No-Car Day Edicts

    ROME — Rome and Milan have ordered no-car days next week to combat pollution, which has hit unhealthy levels for weeks mainly because no rain has fallen to wash away the smog. A six-hour ban on cars...

    • Posted December 24, 2015
  • Ferrer’s Bid for Resident Commissioner Gains Momentum

    SAN JUAN – Support among Popular Democratic Party (PDP) ranks for Héctor Ferrer’s candidacy for resident commissioner is growing by the minute, particularly after receiving the endorsement of former PDP candidate Rafael Cox Alomar. “Without detracting any...

    • Posted December 24, 2015
  • Three Deaths as Influenza Cases Continue to Rise  

    SAN JUAN – Puerto Rico epidemiologist Brenda Rivera García said Thursday 249 cases of influenza and 18 related hospitalizations were reported across the island for week 50 (Dec. 13 to 19) of 2015. The first three deaths...

    • Posted December 24, 2015
  • Obscure Businessman May Win Postponed Haiti Election

    PORT-AU-PRINCE, Haiti — A decision to postpone a presidential runoff in Haiti could help the leading candidate address what may be his greatest liability: Most voters know hardly anything about him. Ads for Jovenel Moise have blanketed...

    • Posted December 24, 2015