Business News – Page 66 – Virgin Islands Free Press

Honduras watchdog bans institutions from trading crypto

TEGUCIGALPA (Reuters) — Honduras' CNBS regulator has banned the Central American country's financial system from trading in cryptocurrency and similar virtual assets, it said in a resolution, citing risks of…

John McCarthy February 18, 2024

Breaking News Business News Crime News

A loophole got him a free New York hotel stay for five years. Then he claimed to own the building

NEW YORK (AP) — For five years, a New York City man managed to live rent-free in a landmark Manhattan hotel by exploiting an obscure local housing law. But prosecutors…

John McCarthy February 17, 2024

At VIFreep Breaking News Business News

Tobago’s Tourism, Fishing Hit as Oil Slick Spreads Across Caribbean

SCARBOROUGH (Reuters) — Ten days after a slick was first spotted by Trinidad and Tobago’s Coast Guard, an oil leak from a capsized barge remains unplugged, according to first responders and authorities, raising alarms for…

John McCarthy February 17, 2024

At VIFreep Breaking News Business News

Social Security shares proposed rule for payroll information exchange

The Social Security Administration published a proposed rule, “Use of Electronic Payroll Data to Improve Program Administration,” describing the agency’s plans for accessing and using information from payroll data providers…

John McCarthy February 17, 2024

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Cuba’s president replaces the country’s economy minister following delays to planned price hikes

HAVANA (AP) — Cuban President Miguel Díaz-Canel removed the country’s economy minister, according to state media, following a delay in recently announced measures to increase the prices of fuel and…

John McCarthy February 15, 2024

At VIFreep Business News National News

Social Security Administration Updates Equity Action Plan

Increasing access to programs and improving service are the main goals of the updated Equity Action Plan released by the Social Security Administration (SSA) today. “We will administer our programs…

John McCarthy February 15, 2024

Breaking News Business News Caribbean News

Haiti’s rum industry takes a hit as gangs torch sugarcane fields

PORT-AU-PRINCE (AP) — Haiti’s renowned rum has become the newest victim of violent gangs vying to control a growing number of businesses and territory in the troubled Caribbean nation. At least eight…

John McCarthy February 14, 2024

Breaking News Business News Crime News

Reluctant pastor’s son to most-viewed preacher: Shooting puts new spotlight on Joel Osteen

HOUSTON (AP) — Joel Osteen is one of the most familiar faces in American religion. The pastor who leads the Houston megachurch where a 5-year-old boy was critically wounded in a Sunday shooting that…

John McCarthy February 13, 2024

Breaking News Business News Caribbean News

Fossil fuel-dependent Puerto Rico can fully shift to clean energy by 2050, a federal study says

SAN JUAN (AP) — As Puerto Rico struggles with chronic power outages and a decaying electric grid, federal officials believe the U.S. territory can fully shift from fossil fuels to…

John McCarthy February 12, 2024

Breaking News Business News Caribbean News

CVS Health says it is selling all 22 of its retail drugstores in Puerto Rico

SAN JUAN (AP) — CVS Health said Monday that it has reached an agreement to sell its retail drugstores in Puerto Rico to Caribe Pharmacy Holdings. In an email to…

John McCarthy February 12, 2024