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The Significance of the Puerto Rico Constitution

The Significance of the Puerto Rico Constitution

Puerto Rico, with input from the U.S. Congress, produced a constitution for the territory on July 25, 1952. The constitution made no change in the political status of Puerto Rico. The island remained a U.S. territory. However, as Cox Alomar...

Puerto Rico funds' shareholders will vote on liquidation

Puerto Rico funds' shareholders will vote on liquidation

Shareholders of four Puerto Rico tax-exempt closed ended funds, with about $187 million in total net assets, will vote whether to liquidate shortly, after a several year legal struggle involving UBS. The funds posted notices last week to the...

Commerce Secretary Lutnick Suggests Coffee Could Get Tariff Exemptions

Commerce Secretary Lutnick Suggests Coffee Could Get Tariff Exemptions

Nick Brown | July 30, 2025 United States Commerce Secretary Howard Lutnick yesterday said that agricultural goods that can’t be grown in the U.S. — including coffee and cocoa — may be exempt from tariffs under current or future trade deals....

How Emmanuel Clase gambling probe affects MLB trade deadline

How Emmanuel Clase gambling probe affects MLB trade deadline

On Monday, Cleveland Guardians closer Emmanuel Clase was placed on non-disciplinary paid leave as part of a Major League Baseball investigation into sports betting. He is the second Guardians pitcher placed on leave as the league investigates...

Alabama Business Hall of Fame unveils 2025 inductees

Alabama Business Hall of Fame unveils 2025 inductees

With the addition of six new members, the Alabama Business Hall of Fame is continuing its recognition of excellence and leadership from industry leaders across the state. The Hall of Fame, established in 1973, bestows the honor of induction upon...

Immigration, Trump and the Economy: 11 Latino Voters Discuss

Immigration, Trump and the Economy: 11 Latino Voters Discuss

What word best describes how you feel things are going in the country? What word best describes how you feel things are going in the country? “Bad.” Esteban, 22, Texas, Republican “Better.” Jeanette, 42, Fla., Republican “Conflicted.” Meranda, 28,...

Reds find themselves in the thick of the race at the trade deadline

Reds find themselves in the thick of the race at the trade deadline

CINCINNATI — Up until the All-Star break, the Cincinnati Reds were never more than four games above .500, nor more than four games under .500. They won the first two games after the break to put them at 52-47 before losing their next three. But...

Puerto Rico's community-owned solar power: alternative to frequent blackouts

Puerto Rico's community-owned solar power: alternative to frequent blackouts

Enid Medina Guzman always has candles on hand -- not for creating ambiance, but because one of the blackouts that plague Puerto Rico could strike at any time. But she is hopeful the lingering hardship will soon be a thing of the past: solar panels...

Subcommittee reviews Puerto Rico's progress under PROMESA

Subcommittee reviews Puerto Rico's progress under PROMESA

Today, the Subcommittee on Indian and Insular Affairs conducted an oversight hearing to evaluate Puerto Rico's fiscal recovery under the Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA). The session was led by Subcommittee...

Man Who Marketed Pablo Escobar-Branded Crypto And Flamethrower Pleads Guilty To Fraud

Man Who Marketed Pablo Escobar-Branded Crypto And Flamethrower Pleads Guilty To Fraud

Pablo Escobar died in 1993, but in this 2017 picture, a woman in Medellin, Colombia, still keeps a picture of him in her wallet. Photo by Jan Sochor/Getty Images Olof Kyros Gustafsson, also known as (aka) “Sir Olaf Gustafsson,” aka “El Silencio,”...

PrizePicks gains gaming licenses in Puerto Rico and Maine

PrizePicks gains gaming licenses in Puerto Rico and Maine

Daily fantasy sports operator PrizePicks has secured gaming licenses in both Puerto Rico and Maine. The milestone positions the company as the first licensed DFS operator in Puerto Rico. Players in Maine can now access the platform’s signature...

Bad Bunny adidas sneaker line inspired by Puerto Rico drops

Bad Bunny adidas sneaker line inspired by Puerto Rico drops

In the midst of his legendary residency in Puerto Rico's capital city, reggaeton singer and rapper Bad Bunny dropped a new line of vibrant sneakers inspired by iconic towns in his homeland. The most recent shoe design to drop from the adidas x Bad...

Chow Down with John Batchelor at Empanada Grill

Chow Down with John Batchelor at Empanada Grill

Rosa Melendez grew up in Puerto Rico, then lived in New York and Florida. She was a restaurant manager in Asheville before relocating to Greensboro. Laurie Conrad’s grandmother owned Casey’s Barbecue. They owned Firehouse Sub shops in Asheville...

A Passing Scare in D.C.: Puerto Rico Fiscal Oversight Board Faces Questions, Not Consequences

A Passing Scare in D.C.: Puerto Rico Fiscal Oversight Board Faces Questions, Not Consequences

Wednesday, July 16, 2025 Hearing: Puerto Rico’s Fiscal Recovery under PROMESA and the Road Ahead Washington D.C. At 9:45 a.m., there was a line forming in one of the corridors of the Longworth House Office Building of the U.S. House of...

PrizePicks Secures Licenses in Puerto Rico and Maine

PrizePicks Secures Licenses in Puerto Rico and Maine

PrizePicks, the largest daily fantasy sports (DFS) operator in North America, announced Thursday it has received gaming licenses in Puerto Rico and Maine, marking a significant regulatory milestone in its national expansion. With the approvals,...

FEMA denials hurting Helene recovery efforts, NC officials tell state lawmakers

FEMA denials hurting Helene recovery efforts, NC officials tell state lawmakers

Western North Carolinians still need debris piles removed from storefronts and waterways. But it’s not happening quickly, state officials said Wednesday, because the federal government has been unusually aggressive in denying requests for aid in...

Puerto Rico ceases negotiations on $20bn LNG contract with New Fortress Energy

Puerto Rico ceases negotiations on $20bn LNG contract with New Fortress Energy

Puerto Rico has terminated discussions with New Fortress Energy regarding a $20bn liquefied natural gas (LNG) contract, reported Reuters, citing Bloomberg. The decision came after New Fortress reportedly refused to consider amendments to the...

Puerto Rico must monitor US-Brazil rift and brace for trade ripple effects

Puerto Rico must monitor US-Brazil rift and brace for trade ripple effects

The U.S. and Brazil are at a standoff over tariffs. (Credit: Les Cunliffe | Dreamstime.com) After nearly 30 years of working with Brazil’s business environment, I have come to deeply appreciate the country’s economic potential, entrepreneurial...

Puerto Rico maintains 5G leadership with top coverage, strong adoption

Puerto Rico maintains 5G leadership with top coverage, strong adoption

As Ookla’s report indicates, markets with mature 5G often begin to shift focus toward enterprise applications, smart city platforms and next-generation business connectivity. (Credit: thanakorn hormniam | Dreamstime.com) Puerto Rico continues to...

Syracuse Puerto Rican Festival will be a Bad Bunny-inspired weekend

Syracuse Puerto Rican Festival will be a Bad Bunny-inspired weekend

The 5th annual Puerto Rican Festival returns to Syracuse July 25-27 with a weekend-long celebration inspired by Bad Bunny’s latest album. Organizers expect more than 3,000 to attend. Bad Bunny’s latest album “Debí tirar más fotos,” which...

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