Edition:
India

Nick Brown

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

19 May 2018

Puerto Rico power grid braces for hurricane season

NEW YORK The U.S. federal agency tasked with restoring electricity to Puerto Rico, after Hurricane Maria hit the Caribbean last year, is leaving the island though thousands still have no power heading into the next hurricane season starting next month. | Video

15 May 2018

Puerto Rico bondholders offer debt deal, snubbed by oversight board

NEW YORK An offer by Puerto Rico's biggest bondholder groups to settle a dispute covering about half the bankrupt U.S. territory's $71.5 billion in bond debt appeared dead on arrival on Monday, rejected by the island's federal financial oversight board.

11 May 2018

Board rejects Puerto Rico's proposed budget, asks governor for new one

NEW YORK, May 10 Puerto Rico's federally appointed oversight board on Thursday rejected the U.S. territory's budget proposal for next fiscal year, saying it did not comply with a financial turnaround plan for the island approved by the board last month.

23 Apr 2018

Barron's: Delta, Goodyear stock have more upside than prices suggest

Delta Air Lines, Goodyear Tire & Rubber and Lincoln National Corp may have more upside than their discounted share prices suggest, Barron's reported.

20 Apr 2018

Puerto Rico board approves fiscal plan as governor vows defiance

NEW YORK Puerto Rico's federal oversight board on Thursday approved a fiscal turnaround plan that includes pension cuts and labor reforms that Governor Ricardo Rossello has vowed to defy, portending the latest potential court battle over the bankrupt U.S. territory's future.

19 Apr 2018

Puerto Rico hit by island-wide power blackout

NEW YORK A power line failure in southern Puerto Rico cut electricity to almost all 3.4 million residents on Wednesday, the latest in a string of operational and political headaches for the U.S. territory's bankrupt, storm-ravaged power utility. | Video

19 Apr 2018

Puerto Rico board's turnaround plan promises more austerity

NEW YORK Puerto Rico's federally-appointed oversight board on Wednesday unveiled a framework for the bankrupt island's fiscal turnaround that breaks with Governor Ricardo Rossello's vision, pushing pension cuts and labor reforms while hinting at layoffs.

11 Apr 2018

Puerto Rico's warring creditors duel over sales tax revenue

NEW YORK, April 10 Puerto Rico bondholders in court on Tuesday denounced the island's sales tax authority, COFINA, as a sham "end-run" around its constitution, in a creditor battle for control of the bankrupt, storm-ravaged island's future tax revenues.

10 Apr 2018

SEC ends probe into Puerto Rico's $3.5 billion 2014 bond issuance: sources

NEW YORK The U.S. Securities and Exchange Commission has dropped a probe into whether former Puerto Rican officials misled investors when they sold $3.5 billion of general obligation bonds in March 2014, according to two sources with direct knowledge of the matter.

06 Apr 2018

Puerto Rico's latest fiscal plan boosts surplus, skips pension cuts

NEW YORK Puerto Rico increased its projected five-year cash surplus to $7.36 billion in a revised fiscal turnaround plan on Thursday night, but did not include layoffs or pension cuts that have been urged by the insolvent island's federally-appointed oversight board.

Markets

  • Asia
  • U.S.
  • Europe
  • Sectors
Stock Search
Sensex 34,848.30 -300.82 -0.86%
Nikkei 22,930.36 + 91.99 +0.40%
Hang Seng 31,047.91 + 105.76 +0.34%
EUR/INR 80.052 +0.00%
USD/INR 67.985 +0.00%
GBP/INR 91.610 +0.03%
Gold 1,289.60 +1.40 +0.11%
Oil 72.59 +1.31 +1.84%
Corn 402.25 -0.25 -0.06%