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Petco’s $864 Million IPO Beats Forecasts 

PYMNTS

Mexico and Puerto Rico, including a network of more than 100 in-store veterinary hospitals. Many of you may think you already know Petco,” he said in the video, adding that the national chain is now “a radically transformed company that’s redefining the pet care industry.”. The company will be listed as WOOF on Nasdaq.

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Popular in Puerto Rico Posts Lower Profit on Loss-Share Ruling

American Banker

in San Juan, Puerto Rico, said its quarterly profit fell after losing an arbitration dispute with the Federal Deposit Insurance Corp. Popular Inc.

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FEMA Looks At Blockchain To Aid Disaster Payouts

PYMNTS

These steps would allow much more rapid liquidation of an insurance policy, including a ‘disaster dividend,’ or a ‘harm’s way’ claim, which could be used to pay for evacuation-related expenses,” the agency stated in its latest National Advisory Draft Report to the FEMA Administrator.

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Popular in Puerto Rico to Record $115M Charge Tied to FDIC Dispute

American Banker

in San Juan, Puerto Rico, will absorb another hit to its earnings tied to a dispute with the Federal Deposit Insurance Corp. Popular Inc.

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Youths Participate in Banking Basics Webinar with Popular Bank and NPRDP

PopularBank

90 Recipients of the 2021 National Puerto Rican Day Parade Scholarship Program Learn How to Manage Their Finances. Popular Bank proudly supported the National Puerto Rican Day Parade (NPRDP) and made a $25,000 gift toward the 2021 NPRDP National Scholarship Program. Financial habits for the next generation.

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Corporate Debt Has A Bad Side

PYMNTS

Analysts say the nation is facing a 10-year high of bad corporate loans. 70 billion in debts are threatening to cripple Puerto Rico , the result of the government borrowing to keep its state-run businesses afloat, among other factors. Renegotiated loans at Brazil’s top lender spiked to $6.8

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Unemployment Filings Top 3.1M Across US

PYMNTS

Total claims filed since COVID-19 hit the nation in March have topped 30 million. The highest insured unemployment rates in the week ending April 18 were in Vermont (25.2), West Virginia (21.9), Michigan (21.7), Rhode Island (20.4), Nevada (19.9), Connecticut (18.7), Puerto Rico (17.9), Georgia (17.3), New York (17.2)