February 07, 2018 | Daily Business Review
Puerto Ricans Grab Machetes, Shovels to Help Restore PowerIt took only minutes for Hurricane Maria to kill power to the Puerto Rican town of Coamo, cracking wooden poles, snapping power lines and hurling transformers to the ground.
By Danica Coto, Associated Press
6 minute read
January 24, 2018 | Daily Business Review
Puerto Ricans Face Foreclosure Wave as Moratoriums ExpireAylsa Torres sighed in relief when she received a letter from her bank two weeks after Hurricane Maria hit. She was among the hundreds of thousands…
By Danica Coto, Associated Press
5 minute read
December 21, 2016 | Daily Business Review
Control Board Outlines Measures to Fight Puerto Rico CrisisA federal control board overseeing Puerto Rico's finances gave the governor a list of proposed measures to turn around the U.S. territory's economy, including downsizing the government, privatizing ports and charging tourists more for certain services.
By Danica Coto, Associated Press
6 minute read
November 04, 2016 | Daily Business Review
Leading Governor Candidate in Puerto Rico Wants US StatehoodA passionate advocate for making Puerto Rico the 51st U.S. state appears poised to become the next governor of the territory, giving a boost to a movement that has been gaining momentum amid the island's economic woes.
By Danica Coto, Associated Press
8 minute read
September 28, 2016 | Daily Business Review
Puerto Rico Frees 3 Men Convicted of Murder in 1995Three men who spent more than 20 years in prison for murder were freed in a historic ruling after new tests found none of their DNA on evidence in a case that captivated the U.S. territory.
By Danica Coto, Associated Press
6 minute read
July 21, 2016 | Daily Business Review
Hedge Funds Sue Puerto Rico, Accuse Gov't of Diverting FundsHedge funds representing a group of Puerto Rico bondholders sued the U.S. territory, saying it violated the terms of a rescue package recently approved by Congress to help pull the island's government out of a dire economic crisis.
By Danica Coto, Associated Press
4 minute read
April 16, 2016 | Daily Business Review
Dethroned Puerto Rico Beauty Queen Files $3 Million LawsuitA beauty queen who was dethroned as Puerto Rico's representative at this year's Miss Universe contest after organizers accused her of having an attitude problem is taking her fight to court.
By Danica Coto, Associated Press
4 minute read
March 03, 2016 | Daily Business Review
US Targets Puerto Rico Companies in Toxic Pesticide CaseThe U.S. government filed complaints against a pest control company in Puerto Rico and two businessmen for the illegal use of a toxic pesticide that nearly killed an American family in the neighboring U.S. Virgin Islands.
By Danica Coto, Associated Press
3 minute read
February 13, 2016 | Daily Business Review
Puerto Rico Pushes Tax Incentives for Wealthy Amid CrisisPuerto Rico's government is trying to convince hundreds of wealthy investors to move to the U.S. territory, hoping they could help lift it out of a deepening economic crisis.
By Danica Coto, Associated Press
4 minute read