Puerto Rico on Alert: A Tropical Wave Brings Two Days of Heavy Rain and Flash Flood Danger Starting Wednesday

A tropical wave moving westward across the Atlantic will begin affecting Puerto Rico in the overnight hours of Tuesday, October 7, setting off a two-day stretch of heavy rainfall, flood risk, and deteriorating coastal conditions that forecasters say will …

Canceling the LUMA Energy contract will ruin Puerto Rico’s “credibility,” says the Manufacturer’s Association

According to the Puerto Rico Manufacturer’s Association (AIPR), if the Puerto Rico Supreme Court invalidates the public-private partnership agreement (PPP) between LUMA Energy and the Puerto Rico Electric Power Authority (AEE), it will deal a blow to the …

Municipalities in Puerto Rico lost more than 40% of their minors between 2000 and 2025

Between 2000 and 2025, the 78 municipalities in Puerto Rico experienced a decline of at least 40% in the population aged 0 to 19, but in some cases, such as Guánica and Loíza that decline accounted for nearly three-quarters of its underage residents.

Puerto Rico hit by another tropical wave days after island-wide flash flood warnings

The Wave That Arrived Before Dawn NWS meteorologist Ian Colón told El Nuevo Día that scattered showers would begin targeting the eastern end of the island around 4:00 to 5:00 a.m. Wednesday before spreading across other sectors throughout the day. "Es …

The drought in Puerto Rico has eased slightly following moderate and scattered rains

First BanCorp’s Rising Dividend Hinges Entirely on Puerto Rico’s Economy

FirstBank has raised its dividend four times in five years, but nearly every loan on its books ties back to a single Caribbean island economy with a growing pile of auto delinquencies and volatile government deposits. First BanCorp (NYSE:FBP) has raised …

Puerto Rico bankruptcy filings rise as accumulated debt reaches $865.4 million

Puerto Rico could end 2026 with its highest number of bankruptcies in seven years, a pace that would bring the annual total to approximately 6,263 bankruptcy filings, according to the Puerto Rico Bulletin. According to the bulletin’s latest report, 551 …

Banesco USA unveils new brand identity amid continued growth in Puerto Rico

Banesco USA has launched a refreshed corporate brand identity as the bank marks its 20th anniversary and continues to expand its operations in the United States and Puerto Rico. The new identity is being introduced across the Banesco International network …

LHT names new leaders in Puerto Rico and Budapest

Lufthansa Technik (LHT) has made two leadership changes across its global base maintenance network, appointing Blanca Burgos as Managing Director of Lufthansa Technik Puerto Rico and Johannes Rotter as Managing Director of Lufthansa Technik Budapest. …

Puerto Rico offers $2 million in scholarships for high-demand fields

Puerto Rico’s Department of Economic Development and Commerce (DDEC) has opened applications for the 2026-27 Teodoro Moscoso Scholarship, with $2 million available to students pursuing degrees and technical programs in high-demand fields. The application …