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USA praises Macri as Argentina tries to break economic isolation

Bloomberg Barack Obama became the first U.S. president to visit Argentina in more than a decade as his counterpart, Mauricio Macri, seeks a rapprochement with the international community following a decade of financial and diplomatic isolation. Obama, arriving from an historic state visit to Cuba, met with Macri and is scheduled to attend a business forum in Buenos Aires before ...

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Puerto Rico utility wins one more week to draft rate proposal

Bloomberg Puerto Rico gained another week to file a proposed rate charge to the island’s energy commission, a fee that would back debt used to restructure about $9 billion owed by its main electric utility. Puerto Rico Electric Power Authority creditors agreed to give officials until March 30 to submit their petition to implement a new customer fee, called a ...

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TransCanada joins with JPMorgan on asset sale

Bloomberg TransCanada Corp. is working with JPMorgan Chase & Co. to find buyers for more than $7 billion in assets to help finance its acquisition of Columbia Pipeline Group Inc., people with knowledge of the matter said. The people asked not to be identified because the information is private. Assets for sale include a portfolio of U.S. Northeast merchant power ...

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