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  2. Puerto Rico’s sales-tax bonds with the lowest claim on the funds rallied after rival groups of bondholders disclosed details of negotiations over how to divide the ...

    • Turmoil slows rebuilding of Puerto Rico's power grid

      Associated Press via Yahoo News2 hours ago

      Ricardo Rossello on Wednesday named the former head of Puerto Rico's water and sewer agency as the fifth head of the electric company since Maria, at a salary of ...

  3. Puerto Rico Oversight Board Sees Projected Surplus Plummeting

    Bloomberg via Yahoo FinanceJun 29 21:40 PM

    A member of Puerto Rico’s federal oversight board said it’s drastically reducing its forecast for the government’s budget surplus over the next three decades after lawmakers ...

  4. Puerto Rico's Power Chief to Depart Bankrupt Electric Utility

    Bloomberg via Yahoo FinanceJul 11 16:02 PM

    Walter Higgins plans to submit his resignation because an unexpected family incident will keep him out of Puerto Rico, Rossello told reporters Wednesday in San Juan. Higgins ...

  5. Puerto Rico Erupts at $750,000 Pay for CEO at Bankrupt Utility

    Bloomberg via Yahoo FinanceJul 12 16:24 PM

    Governor Ricardo Rossello joined a chorus of outraged politicians and residents after Puerto Rico’s power utility extended a $750,000 salary to its new chief executive officer ...

  6. Most board members of Puerto Rico’s power utility resigned Thursday after a chorus of outrage over pay for its new chief executive officer, who then pulled out of ...

  7. Puerto Rico Bankrupt Utility Is Leaderless After Pay Scandal

    Bloomberg via Yahoo FinanceJul 12 16:24 PM

    Most board members of Puerto Rico’s power utility resigned Thursday after a chorus of outrage over pay for its new chief executive officer, who then pulled out of ...

  8. Bankrupt Puerto Rico Buys Governor a $245,000 SUV. Anger Ensues

    Bloomberg via Yahoo FinanceJul 18 18:39 PM

    Even as Puerto Rico’s residents were bracing for painful austerity measures, the bankrupt commonwealth spent $245,000 on a bulletproof Chevrolet Suburban to shuttle around ...

  9. Turmoil slows rebuilding of Puerto Rico's power grid

    Associated Press via Yahoo FinanceJul 19 19:15 PM

    Ricardo Rossello on Wednesday named the former head of Puerto Rico's water and sewer agency as the fifth head of the electric company since Maria, at a salary of ...

  10. Five of the seven board members of the bankrupt Puerto Rico Electric Power Authority - including its CEO, named one day ago - resigned on Thursday, leaving the utility ...

  11. U.S. judge nixes move to toss Puerto Rico bankruptcy case

    Reuters via Yahoo FinanceJul 14 0:19 AM

    Congress of a financial oversight board for Puerto Rico under a law known as PROMESA and the appointment of the board's members did not violate the U.S. Constitution ...