Similar Stories to The Wall Street Journal: $9 Billion Debt Deal For Puerto Rico Public Utility Rejected on Bing News

A $9 billion restructuring deal covering Puerto Rico’s public power monopoly failed to win approval on Tuesday from the island’s federal oversight officials, raising the likelihood of default at one of the largest U.S. utilities, according to people familiar with the matter.

Topics:  puerto rico s   u.s    billion   deal   public   
BING NEWS:
  • Puerto Rico as 51st state would pile on the debt for US, tip balance of power
    Every so often, whether Puerto Rico should be granted statehood becomes a hot topic, especially inside D.C.'s Beltway. Historically, the people of Puerto Rico have generally voted against becoming the ...
    05/28/2024 - 12:55 pm | View Link
  • Puerto Rico’s rooftop solar boom is at risk, advocates warn
    In Puerto Rico, residents are flocking to rooftop solar and backup batteries in search of more reliable, affordable — and cleaner — alternatives to the central power grid. Fire stations, hospitals, ...
    05/26/2024 - 2:00 am | View Link
  • Counterpoint: Puerto Rico as 51st state would pile on the debt for US, tip balance of power
    Puerto Rico is drowning in more than $140 billion of debt. If Puerto Rico were to become a state, that $140 billion would be absorbed by the U.S. government and added to the $34.5 trillion national ...
    05/25/2024 - 12:00 am | View Link
  • Chris Talgo: Politics, debt, apathy make Puerto Rico statehood a pipe dream
    Whether Puerto Rico should be granted statehood is a hot topic in Washington. That's because, if the island became America's 51st state, it would likely result in two more Democratic ...
    05/23/2024 - 11:45 pm | View Link
  • Stay Ahead of the Game With Genuine Parts (GPC) Q1 Earnings: Wall Street's Insights on Key Metrics
    Wall Street analysts forecast that Genuine Parts ... It is anticipated that revenues will amount to $5.85 billion, exhibiting an increase of 1.4% compared to the year-ago quarter.
    04/15/2024 - 3:43 am | View Link
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