Business News Puerto Rico

  • Popeyes, the Cajun-inspired fast food chicken chain owned by Restaurants Brands International Inc, took social media by storm when it introduced its chicken sandwich and now customers from around the country are lining up for a chance to taste the new sandwich. Popeyes launched its fried chicken sandwich on a buttered brioche bun with pickles on Aug. 12.

  • SAN JUAN, Aug 8- The revolving door at the governor's office in Puerto Rico may finally stop with Wanda Vazquez, the newly sworn-in chief executive of the bankrupt U.S. territory, who said on Thursday she has no plans to resign. In a series of interviews with local media, Puerto Rico's former justice secretary denied reports that she had agreed to resign soon to allow...

  • SAN JUAN, Aug 7- Puerto Rico got its third governor in less than a week on Wednesday just hours after the bankrupt U.S. territory's supreme court ruled that Pedro Pierluisi's assumption of the office was unconstitutional and ordered him to leave. The island's justice secretary, Wanda Vazquez, was sworn in as governor at the supreme court in San Juan.

  • SAN JUAN, Aug 7- Puerto Rico got its third governor in less than a week on Wednesday just hours after the bankrupt U.S. territory's supreme court ruled that Pedro Pierluisi's assumption of the office was unconstitutional and ordered him to leave. "This is a time when we must all unite for Puerto Rico, leaving behind any partisan, ideological or personal agendas," he...

  • SAN JUAN, Aug 7- Puerto Rico will get its third governor in less than a week on Wednesday just hours after the bankrupt U.S. territory's supreme court ruled that Pedro Pierluisi's assumption of the office was unconstitutional. Justice Secretary Wanda Vazquez will be sworn in as governor at 5 p.m. local time at the supreme court in San Juan, according to an advisory...

  • Pedro Pierluisi, nominee for Puerto Rico secretary of state, center, speaks during a news conference in San Juan, Puerto Rico, on Friday, Aug. 2, 2019.

    Puerto Rico will get its third governor in less than a week on Wednesday just hours after the bankrupt U.S. territory's supreme court ruled that Pedro Pierluisi's assumption of the office was unconstitutional.

  • SAN JUAN, Aug 7- The Puerto Rico Supreme Court on Wednesday ruled that last week's swearing in of Pedro Pierluisi as governor was unconstitutional and that he must leave office later in the day, paving the way for Justice Secretary Wanda Vazquez to succeed him. His swearing in as governor came after only the Puerto Rico House of Representatives, in a special...

  • SAN JUAN, Aug 7- The Puerto Rico Supreme Court on Wednesday ruled that last week's swearing in of Pedro Pierluisi as governor was unconstitutional and that he must leave office later in the day. Under Puerto Rico law, Justice Secretary Wanda Vazquez is next in line for governor. On Sunday, Senate President Thomas Rivera Schatz filed a lawsuit claiming his...

  • New York, joined by financial regulators from 10 states and Puerto Rico, sent letters to payroll advance companies requesting information, the New York Department of Financial Services said. "High-cost payroll loans are scrutinized closely in New York, and this investigation will help determine whether these payroll advance practices are usurious and...

  • Aug 6- The payroll advance industry is under investigation by New York's financial regulator and other states over whether its companies are charging usurious interest rates and engaging in potential violations of payday lending laws, the regulator said on Tuesday. New York, joined by financial regulators from ten states and Puerto Rico, sent letters to...

  • SAN JUAN, Aug 5- The future of Pedro Pierluisi as Puerto Rico's governor will be up to the U.S. territory's supreme court after the island's Senate on Monday declined to vote on his confirmation, adding to the political turmoil that has swirled for weeks. During a special session, Senate President Thomas Rivera Schatz said the lack of a vote by his chamber was...

  • SAN JUAN, Aug 5- Puerto Rico's supreme court agreed on Monday to hear a lawsuit filed by the bankrupt U.S. territory's Senate president seeking to remove newly installed Governor Pedro Pierluisi from office on constitutional grounds. After his nomination was confirmed by the Puerto Rico House, Pierluisi was sworn in as governor on Friday, even though the Senate...

  • After his nomination was confirmed by the Puerto Rico House, Pierluisi was sworn in as governor on Friday, even though the Senate had yet to ratify the appointment. The Senate was to meet in a special session later on Monday. "If the Senate decides to take any type of voting action on my governorship, I will respect the result of such vote," Pierluisi said in a Twitter...

  • Aug 5- Tyson Foods Inc said on Monday it has not yet reaped major financial gains from a swine disease that has killed millions of hogs in China and is expected to create a global shortfall in pork. The lack of profits linked to African swine fever in China keeps investors and American farmers waiting to benefit from the outbreak, as the U.S. pork industry faces...

  • But late on Sunday, Puerto Rico Senate President Thomas Rivera Schatz sued Pierluisi in a San Juan court, claiming he usurped the office by ignoring a constitutional requirement for the Senate to vote to confirm him, the Journal reported. Pierluisi, a lawyer who formerly advised the despised, federally-created board supervising Puerto Rico's bankruptcy, was...

  • SAN JUAN, Aug 2- The handpicked successor to disgraced Puerto Rico Governor Ricardo Rossello was sworn in on Friday after Rossello stepped down, but lawyer Pedro Pierluisi said his term as governor might be short as the island's Senate still had to ratify his position. At his first news conference as leader of the bankrupt U.S. territory, Pierluisi said Puerto...

  • SAN JUAN, Aug 2- The handpicked successor to disgraced Puerto Rico Governor Ricardo Rosselló was sworn in on Friday after Rossello stepped down, but lawyer Pedro Pierluisi said his term as governor might be short-lived because the U.S. territory's Senate still must approve his appointment. At his first news conference as governor, Pierluisi said Puerto...

  • PUERTO RICO'S NEW GOVERNOR PEDRO PIERLUISI SAYS ISLAND'S SENATE MUST CONFIRM HIS APPOINTMENT.

  • SAN JUAN, Aug 2- Disgraced Puerto Rico Governor Ricardo Rosselló swore in the lawyer he hand-picked as his successor on Friday as he resigned after weeks of protests, while the U.S. territory's Senate leader blasted the succession choice as "unethical and illegal." Although Puerto Rico's House of Representatives earlier on Friday voted to approve Pierluisi as...

  • The choice of Pierluisi remains controversial as Puerto Rico's Senate has not yet confirmed him as secretary of state, next in line to succeed a resigning governor. The Senate has yet to vote. Senate President Thomas Rivera Schatz sent a statement saying the House vote "deserves total respect from everyone.