Washington / AP House Republicans are preparing legislation to create a new oversight board that would help Puerto Rico control its finances, a move designed to deal with the territory’s $70 billion in debt. The legislation is in response to House Speaker Paul Ryan’s promise at the end of last year that the House would work with Puerto Rico to ...

Bloomberg Argentina’s historic return to capital markets is facing a new hurdle as holders of as much as $1.5 billion in bonds from its 2001 default say they’ve been unfairly left out of settlement offers. Some of those investors — including Fore Research & Management LP and Varde Partners — teamed with others seeking to keep a judge’s order in ...

Bloomberg If the president can take his family to Cuba, other Americans will want to follow. And if blue-chip companies such as Google and Starwood are opening there for business, so will other companies. More important than any diplomatic negotiation during President Barack Obama’s historic visit, are images from his visit that the administration says solidify public perceptions of the ...