Puerto Rico

The Puerto Rico Oversight Board named four key energy projects as potentially eligible for a special permitting process.

Gov. Ricardo Rosselló signed the measure Thursday.

Debt service may be cut from 24 cents on the dollar as the commonwealth deals with recovery from Hurricane Maria.

The workers would join 3,500 already on the island, where 45% of the power authority's customers are still without service after September's hurricanes.

The number of people employed in Puerto Rico during November fell 1.8% from July.

The new temporary spending bill includes Medicaid funding for Puerto Rico.

The Puerto Rico Oversight Board gave extensions to Puerto Rico’s government and public authorities for fiscal plan submissions.

Judge Laura Taylor Swain directed that Puerto Rico Employers Retirement System bond interest payments to bondholders should continue pending a determination on their lien.

Fresh from a victory on Friday, bondholders and insurers are asking the Title III bankruptcy court to award them additional documents connected to the sales and use tax.

After Puerto Rico failed to persuade Congress to ease the modified territorial tax system in the tax law, an opportunity zone measure helping the island may be included in a January emergency spending bill.

Puerto Rico said it had $5 billion more in cash than disclosed three weeks ago after scouring more than 800 government bank accounts.

Bond analysts and Puerto Rico political leaders were voicing concern Friday over a new tax on territories reportedly included in the Republican federal tax bill.

Puerto Rico’s electrical grid is unlikely to be fully restored until the end of May, the head of the U.S. Army Corps of Engineers said Wednesday -- months longer than the timeline offered by the island’s governor.

Creditors clashed in court with bond issuers over claims on revenues for the Employee Retirement System.

The U.S. is moving toward a territorial tax system for businesses that would hurt Puerto Rico by treating it as a foreign country.

The Puerto Rico Electric Power Authority named 11 experts in grid reliability and restoration to a senior-level advisory council, part of a long-term effort to improve service, lower costs, and reduce prices.

The act gives the federal government flexibility in how to deal with Puerto Rico, the department said in answering a challenge by Aurelius Capital.

Democrats complain that Republicans are only providing cosmetic support for Puerto Rico in tax reform legislation and disaster aid.

By continuing to insist on their pound of flesh, bondholders will lose more.

Puerto Rico expects its central government revenues to come in 25% short of budget in this fiscal year.