Business

Puerto Rico's Governor Announces Plan To Reduce $72 Billion Debt

Puerto Rico's governor has announced a plan to reduce the island's $72 billion debt and restore fiscal stability through cutting spending and increasing tax collections. But it also depends on help from Washington, D.C., and renegotiating debt terms with lenders. Unless there's action, Puerto Rico says it will run out of cash by June.

Why Google Is Going All In On Diabetes

Google made a name for itself with search technology, but it has dabbled in moonshot projects like self-driving cars. Now the company's life science unit is looking for better diabetes treatments.