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Puerto Rico power company gives T&D reins to private firms

SAN JUAN, Puerto Rico (AP) — Puerto Rico officials said Monday that a consortium of Canadian and U.S. firms will take over the transmission and distribution system of the island’s public power company...

Board submits Puerto Rico budget as some question its powers

SAN JUAN, Puerto Rico (AP) — A federal control board that oversees Puerto Rico’s finances submitted a proposed $10 billion budget on Thursday as federal legislators debate whether to curtail the board...

Puerto Rico files fiscal plan, rejects austerity measures

SAN JUAN, Puerto Rico (AP) — Puerto Rico’s government said Monday it has asked a federal control board to delay austerity measures for at least two years and warned it doesn’t have enough money to pay...

Puerto Rico extends lockdown to May to fight COVID-19

SAN JUAN, Puerto Rico (AP) — Puerto Rico’s governor announced Saturday that the U.S. territory will remain on lockdown until May 3 to curb coronavirus cases, marking one of the strictest measures take...

6 months after Hurricane Maria, Puerto Rico pleads for help

COROZAL, Puerto Rico (AP) — Hurricane Maria shredded the electric poles in this plantain farming town high in the mountains of central Puerto Rico, leaving tens of thousands of people without power or...

Puerto Rico pushes to privatize operation of public services

SAN JUAN, Puerto Rico (AP) — Puerto Rico is ready to sign dozens of new deals to privatize the operation of public services as government funds dwindle amid a decade-long recession, the island's gover...

Puerto Rico seeks private sector help to save pension system

SAN JUAN, Puerto Rico (AP) — A top designated official for Puerto Rico's governor-elect says he plans to pursue public-private partnerships to rescue a public pension system underfunded by more than $...