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Deal to restructure Puerto Rico power company debt crumbles as some bondholders walk away
Posted inBreaking News Business News Caribbean News

Deal to restructure Puerto Rico power company debt crumbles as some bondholders walk away

SAN JUAN (AP) — A plan to restructure more than $9 billion in debt held by Puerto Rico’s ailing power company hit a big snag this week after a group of bondholders…
Posted by John McCarthy August 30, 2025
Most Trump tariffs are not legal, US appeals court rules
Posted inBreaking News Business News National News

Most Trump tariffs are not legal, US appeals court rules

NEW YORK (Reuters) — A divided U.S. appeals court ruled on Friday that most of Donald Trump's tariffs are illegal, undercutting the Republican president's use of the levies as a…
Posted by John McCarthy August 29, 2025
After Trump’s DOGE action, 300 million people’s Social Security data is at risk, whistleblower says
Posted inBreaking News Business News National News

After Trump’s DOGE action, 300 million people’s Social Security data is at risk, whistleblower says

WASHINGTON (AP) — More than 300 million Americans’ Social Security data was put at risk after Department of Government Efficiency officials uploaded sensitive information to a cloud account not subject to oversight,…
Posted by John McCarthy August 27, 2025
Ukraine disables 17% of Russia’s oil refinery capacity: Reuters
Posted inBreaking News Business News International News

Ukraine disables 17% of Russia’s oil refinery capacity: Reuters

MOSCOW — (Reuters) - Ukraine has stepped up drone attacks on Russian oil refineries and exporting infrastructure, striking the most important sector of President Vladimir Putin's economy to show it can fight…
Posted by John McCarthy August 27, 2025
Trump says he is firing Fed’s Cook over mortgage loan allegations
Posted inBreaking News Business News National News

Trump says he is firing Fed’s Cook over mortgage loan allegations

WASHINGTON (Reuters) — President Donald Trump on Monday said he was firing Federal Reserve Governor Lisa Cook over alleged improprieties in obtaining mortgage loans, an unprecedented step that could test…
Posted by John McCarthy August 26, 2025
Trump blames renewable energy for rising electricity prices. Experts point elsewhere
Posted inBreaking News Business News Environmental News

Trump blames renewable energy for rising electricity prices. Experts point elsewhere

WASHINGTON (AP) — With electricity prices rising at more than twice the rate of inflation, President Donald Trump has lashed out at renewable energy sources such as wind and solar power, blaming…
Posted by John McCarthy August 24, 2025
Royal Caribbean passengers get upgrade as cruise line swaps ships
Posted inBreaking News Business News Caribbean News

Royal Caribbean passengers get upgrade as cruise line swaps ships

Royal Caribbean just delivered an unexpected gift to passengers booked on certain sailings from two popular ports. The cruise line decided to swap deployments for two ships in its fleet…
Posted by John McCarthy August 23, 2025
Did Trump save Intel? Not really
Posted inBreaking News Business News National News

Did Trump save Intel? Not really

SAN FRANCISCO (Reuters) –  U.S. President Donald Trump is injecting nearly $9 billion into Intel(INTC.O), opens new tab in exchange for a 9.9% equity stake. But the money - which the struggling…
Posted by John McCarthy August 23, 2025
World’s LARGEST cruise ship proves to be a navigation nightmare as monstrous boat sets sail for first time
Posted inBreaking News Business News Caribbean News

World’s LARGEST cruise ship proves to be a navigation nightmare as monstrous boat sets sail for first time

MIAMI — Royal Caribbean is a veteran in the realm of voyage holidays - and it recently unveiled its new crowning glory. The Star of the Seas is a 20-deck,…
Posted by John McCarthy August 19, 2025
Man tries cashing $1 million check at Florida bank, cops say. It didn’t end well
Posted inBreaking News Business News Crime News

Man tries cashing $1 million check at Florida bank, cops say. It didn’t end well

MIAMI —A man with “a history of fraudulent transactions” went big at a Florida bank when he tried cashing a fake check for $1 million, according to investigators. It didn’t…
Posted by John McCarthy August 19, 2025

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