Wednesday, December 8, 2021

All posts tagged "Economy"

  • Toys R Us Closes Flagship Store: Ferris Wheel, T-Rex And All

    NEW YORK – For decades, children visiting New York City savored one stop above all: a trip to the kind of toy store that existed only in their imagination. Now they’ll have to keep dreaming. The massive...

    • Posted December 31, 2015
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  • US Applications For Unemployment Benefits Jumped Last Week

    WASHINGTON – More Americans requested unemployment benefits last week, but the level remains near historic lows in a positive sign for the job market. THE NUMBERS: Applications for jobless aid jumped 20,000 to a seasonally adjusted 287,000,...

    • Posted December 31, 2015
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  • Governor: Puerto Rico To Default On $37M In Interest Due

    SAN JUAN – Puerto Rico’s governor announced Wednesday that the U.S. territory will meet $594 million in bond payments due next week but will still default on $37 million in interest. Gov. Alejandro Garcia Padilla said the...

    • Posted December 31, 2015
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  • PDP Leadership To Initiate Transition

    SAN JUAN – Former Secretary of State and Popular Democratic Party (PDP) candidate for governor, David Bernier, officially took office as party president Wednesday afternoon.  Bernier met with the president of his transition committee, Rep. Jesús Santa,...

    • Posted December 30, 2015
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  • Gov: Puerto Rico To Default On $37M In Interest Due On Bonds

    SAN JUAN – Puerto Rico’s governor says the U.S. territory will make a $594 million bond payment due next week but default on $37 million in interest. Gov. Alejandro Garcia Padilla said Wednesday that the payment includes...

    • Posted December 30, 2015
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  • PR Will Comply With Real ID Act By February

    SAN JUAN – Department of Transportation and Public Works (DTPW) Secretary Miguel Torres said Wednesday the agency will be able to comply with all dispositions of the Real ID Act regarding controls for the issuance of drivers’...

    • Posted December 30, 2015
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  • US Pending Home Sales Slip In November

    WASHINGTON – Fewer people signed contracts to purchase homes in November, as the real estate market appears to have cooled after sales gains for much of 2015. The National Association of Realtors said Wednesday that its seasonally...

    • Posted December 30, 2015
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  • Pep Boys agrees To Be Bought By Icahn For $1 Billion

    NEW YORK – Pep Boys will be acquired by Carl Icahn for $1 billion, ending a weeks-long bidding war with the Japanese tire company Bridgestone. The deal is expected to close in the first quarter of next...

    • Posted December 30, 2015
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  • 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 November, driven by drops in cement sales and gasoline consumption, according to data released on Tuesday by the U.S. commonwealth’s Government Development Bank...

    • Posted December 30, 2015
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  • 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 and Financial Guaranty Insurance Company have issued a letter to the Governor and other top officials of Puerto Rico, regarding the Commonwealth’s illegal...

    • Posted December 30, 2015
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