Puerto Rico Debt Deal Receives Court Approval (tags)
Judge Laura Taylor Swain approved a deal to restructure $17 billion of Puerto Rico's $72 billion debt on Monday.
Puerto Rico Religious Leaders Write Judge as Bankruptcy Process Begins (tags)
Puerto Rico religious leaders sent a letter to Judge Laura Taylor Swain as she presides over the first bankruptcy proceeding in San Juan to restructure more than $70 billion in debt.
Puerto Rico Bankruptcy Process Begins (tags)
Puerto Rico bankruptcy proceedings to restructure an over $70 billion debt begin on Wednesday in San Juan.
Religious Leaders Ask Senators to Pass Puerto Rico Debt Legislation (tags)
Religious leaders from Puerto Rico and the US mainland meet with Senators to urge them to support legislation to restructure the island's debt.
Supreme Court Hears Puerto Rico Bankruptcy Case (tags)
The US Supreme Court hears arguments on whether Puerto Rico's courts can restructure about $20 billion of the US territory's $72 billion debt.
McDonald's closing 175 restaurants (tags)
McDonald's Corp. announced today that it will cease or restructure operations in seven Middle Eastern and Latin American nations, eliminate up to 600 jobs and close about 175 restaurants in 10 other countries.