Category: Business News

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 […]