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Puerto Rico Gov. Ricardo Rosselló

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SAN JUAN  — Puerto Rico and its federally appointed oversight board have reached a deal to avoid litigation over much-needed economic overhauls in the bankrupt U.S. commonwealth. Governor Ricardo Rosselló and the island’s legislature agreed to repeal protections that make it difficult for private-sector employers to fire workers at will,

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SAN JUAN — Puerto Rico’s governor has released a plan that outlines how his administration will use $1.5 billion in federal funds to help the U.S. commonwealth recover from Hurricanes Irma and Maria. Ricardo Rossello said today that at least $817 million will go to rebuilding single-family homes, and another

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SAN JUAN — Puerto Rican Governor Ricardo Rossello on Wednesday said he expects electricity to be restored across the U.S. commonwealth within a month, but warned that the island’s infrastructure needed to be strengthened ahead of the upcoming hurricane season. “The expectation is that … within the next month we’ll

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SAN JUAN — The oversight board for Puerto Rico, created by Congress, will hold public hearings on Thursday and Friday to certify revised fiscal plans for the commonwealth, the board said today. The board is expected to approve plans for the commonwealth, as well as the island’s utility, Puerto Rico

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SAN JUAN  — Puerto Rico will receive $18.5 billion from the U.S. Department of Housing and Urban Development to help rebuild its battered housing stock and infrastructure after September’s Hurricane Maria, the island’s governor and HUD officials said on Tuesday. The funding for the U.S. commonwealth was the largest grant in the history of

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WASHINGTON — In a joint press conference with U.S. Department of Housing and Urban Development Secretary Ben Carson, Governor Kenneth Mapp said today that the territory will receive $1.6 billion in additional Community Development Block Grant Disaster Recovery (CDBG-DR) funding to repair and rebuild private and public housing, and for

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SAN JUAN — Puerto Rico’s government submitted a required fiscal plan on Thursday that excludes pension cuts and layoffs sought by a federal oversight board as legislators in the U.S. commonwealth angered by its demands debate a bill that would withhold payments for board member salaries, among other things. Gov.

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SAN JUAN  — Puerto Rico’s governor on Monday fiercely defended his administration’s right to help steer the insolvent, storm-ravaged island out of bankruptcy after a U.S. congressman said the process should be led by the island’s creditors and federally appointed oversight board. In a scorching, 6,000-word letter delivered on Monday

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SAN JUAN — Puerto Rico’s governor said on Sunday he would submit a revised fiscal turnaround plan on Thursday to the island’s federally appointed oversight board, but the plan would not include labor reforms and pension cuts the board demanded. Governor Ricardo Rossello also said the government of the bankrupt

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SAN JUAN  — Puerto Rico’s governor said on Thursday he has tapped researchers at the George Washington University, in Washington, D.C., to lead an independent probe into his administration’s controversial tally of deaths caused by Hurricane Maria. Governor Ricardo Rossello said in a statement it was “of great interest to

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