DEAD AT 92: Hank Wright [ad name=”HTML-68″] NEWARK — Long-time St. Croix resident Robert F. “Hank” Wright died on Monday in Holmdel, New Jersey. He was 92. Wright was the President and Chief Operating Officer of Amerada-Hess Corp, from 1986 to 1995. He joined Hess Oil Corp. in 1963 when Hess acquired the Delhi-Taylor Corp. refinery […]
Category: Business News
St. Croix’s Linval Joseph Inks New Deal With The Vikings Worth $50 Million And Good Through 2022
MANKATO, Minn. — The Minnesota Vikings have locked up another core piece of their defense, signing Linval Joseph to a four-year contract extension that puts him under team control through the 2022 season. Joseph’s agency, SportsTrust Advisors, announced the agreement Saturday. Then the Vikings confirmed it a few hours later after Joseph met general manager […]
ANOTHER BOONDOGGLE! Tourism Commissioner Beverly Nicholson-Doty Touts Her Department’s Participation In Upcoming National BJ Convention In New Orleans
GUARANTEED! NO MAINSTREAM NATIONAL “ORGANIC MEDIA” ATTENTION FROM BJ CONVENTION: By devoting precious tourism dollars to such a small scale, segmented, fringe audience, Tourism Commissioner Beverly Nicholson-Doty is virtually guaranteeing that the U.S. Virgin Islands beautiful product will not come before the largest audience possible — which translates to a small-scale promotion — and less […]
FOR THE BIRDS? Mapp Went To Denver Airport To Find Ways To Reduce ‘Bird Strikes’ On Aircraft Flying To To St. Thomas And St. Croix
CHARLOTTE AMALIE – Is this for the birds? Or not? Gov. Kenneth Mapp says that he wants to improve airport operations at the Cyril E. King International and Henry E. Rohlsen airports in St. Thomas and St. Croix. Most importantly, Mapp said that he saw a “grave danger” to aircraft flying in to the territory from […]
BIR: Mapp’s ‘Timeshare Tax’ Draws A Lawsuit About Its Legality As Territory Scrambles To Rob Peter To Pay Paul
CHARLOTTE AMALIE — With the territory banned from the bond market — it has to find a way somehow to continue to make payments on $2 billion in bond debt. To that end, Gov. Kenneth Mapp has decided to order BIR Director Marvin Pickering to slap a higher room tax rate on people who stay […]
Puerto Rico Government Workers Will Be Furloughed For 1st Time in Island’s History
SAN JUAN — A federal control board overseeing Puerto Rico’s crisis-wracked finances announced Friday that it will impose furloughs for the first time in the U.S. commonwealth’s history. Furloughs of up to two days a month will start Sept. 1 and apply to all government employees except police, said Natalie Jaresko, the board’s executive director. […]
SPECIAL REPORT: Shunned From Bond Market, Territory Will See If It Can Float Itself Out Of Its Cash Crisis
A nurse stands next to closed toilets at the Juan F. Luis Hospital and Medical Center in Estate Diamond near the Sunny Isle Shopping Center on St Croix. (PHOTO BY: Alvin Baez/Reuters) CHRISTIANSTED — For a glimpse at the precarious financial health of St. Croix, visit its public hospital. Pipes underneath the emergency room collapsed in […]