Ernesto grows into Cat 2 hurricane as it aims for Bermuda, leaving many in Puerto Rico without power

SAN JUAN, Puerto Rico (AP) — Hurricane Ernesto strengthened into a Category 2 storm Thursday night as it barreled toward Bermuda after leaving hundreds of thousands of people in Puerto Rico without power or water. Sweltering heat enveloped the U.S. territory, raising concerns about people’s...

San Juan Basin Royalty: Q2 Earnings Snapshot

DALLAS (AP) — DALLAS (AP) — San Juan Basin Royalty Trust (SJT) on Wednesday reported earnings of $1.1 million in its second quarter. On a per-share basis, the Dallas-based company said it had profit of 2 cents. The oil and gas royalty company posted revenue of $1.9...

Chi Chi Rodriguez, Hall of Fame golfer known for antics on the greens, dies at 88

Juan “Chi Chi” Rodriguez, a Hall of Fame golfer whose antics on the greens and inspiring life story made him among the sport’s most popular players during a long professional career, died Thursday. He was 88. Rodriguez's death was announced by Carmelo Javier Ríos, a senator in...

Evertec: Q2 Earnings Snapshot

SAN JUAN, Puerto Rico (AP) — SAN JUAN, Puerto Rico (AP) — Evertec Inc. (EVTC) on Wednesday reported second-quarter earnings of $31.9 million. On a per-share basis, the San Juan, Puerto Rico-based company said it had profit of 49 cents. Earnings, adjusted for non-recurring costs...

Judge turns down MLB players' union request to confirm arbitrator decision against Bad Bunny firm

NEW YORK (AP) — The Major League Baseball Players Association lost in its attempt to get a federal judge to confirm an arbitration decision denying an attempt by an agent at Bad Bunny’s Rimas Sports firm to block his decertification by the union. U.S. District Judge Lewis J....

First Bancorp: Q2 Earnings Snapshot

SAN JUAN, Puerto Rico (AP) — SAN JUAN, Puerto Rico (AP) — First Bancorp (FBP) on Tuesday reported net income of $75.8 million in its second quarter. The bank, based in San Juan, Puerto Rico, said it had earnings of 46 cents per share. The holding company for...

OFG: Q2 Earnings Snapshot

SAN JUAN, Puerto Rico (AP) — SAN JUAN, Puerto Rico (AP) — OFG Bancorp (OFG) on Thursday reported net income of $51.1 million in its second quarter. The bank, based in San Juan, Puerto Rico, said it had earnings of $1.08 per share. The financial holding company...

Federal agents seize $4.6 million worth of cocaine off boat near Puerto Rico

SAN JUAN, Puerto Rico (AP) — Federal authorities said Friday that they seized $4.6 million worth of cocaine and arrested two U.S. citizens aboard a boat in waters near Puerto Rico. The boat was carrying more than 500 pounds (230 kilograms) of cocaine and was intercepted Thursday...

Beryl strengthens into a Category 4 hurricane as it nears the southeast Caribbean

Puerto Rico power company suspends $65M worth of maintenance projects, sparking outcry amid outages

SAN JUAN, Puerto Rico (AP) — The private operator of Puerto Rico’s power grid confirmed Monday the deferral of $65 million worth of maintenance and improvement projects in the U.S. territory, with some repairs postponed for at least a year because of budget constraints, putting at risk the...