In a desperate attempt to cut costs as the country's debt crisis only worsens, the governor of Puerto Rico has ratified a bill that allows all 78 of the island's municipal governments to share administrative services.
Donald Trump, the presumptive Republican presidential nominee, insists he has no plans of bailing out Puerto Rico if he is elected the next commander in chief.
Wal-Mart Puerto Rico has won its legal battle against the Commonwealth of Puerto Rico over new tax laws that the retail giant claims are both discriminatory on their part and unlawful under federal laws. In his 109-page ruling, Federal Judge Jose Antonio Fuste sided with Wal-Mart, declaring the new tax that the Puerto Rican government imposed on the American retail chain is invalid.
Senators ruled to appoint her in a 14-12 vote. Puerto Rico's senate has confirmed Judge Maite Oronoz Rodriguez as its new Supreme Court chief justice and she is the first high-ranking official to openly profess that she's a lesbian.
The Government Development Bank of Puerto Rico has gone to court in an effort receive $400 million in local property tax revenue the financial institution claims has being illegally withheld by the Municipal Revenue Collections Center (CRIM), a local collection agency
Addressing the economic concerns of the United States territory of Puerto Rico on Thursday, Gov. Alejandro Garcia Padilla pledged to negotiate with legislators after they voted down an overhaul of Puerto Rico's tax system.
Puerto Rico's governor Alejandro García-Padilla has just signed a law that will require service providers to accept at least two different types of payments.
