Global Glance: Puerto Rico won’t make debt payments, Australian claims Bitcoin founding

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Here are today’s top business headlines from across the nation and world:

Puerto Rico won’t make $370 million in debt payments Monday

SAN JUAN, Puerto Rico (AP) — Gov. Alejandro Garcia Padilla announced that Puerto Rico’s government will not make nearly $370 million in bond payments due Monday after a failure to restructure or find a political solution to the U.S. territory’s spiraling public debt crisis. Read more


Mystery solved? Australian says he’s Bitcoin founder

LONDON (AP) — An Australian man long rumored to be associated with the digital currency Bitcoin has publicly identified himself as its creator, a claim that would end one of the biggest mysteries in the tech world. Read more


Gannett tells Tribune shareholders not to vote for board

NEW YORK (AP) — Gannett is escalating its pursuit of buy rival newspaper company Tribune, telling shareholders of Tribune not to vote for board members up for election in June. Read more


Buffett says drugmaker valeant had flawed business model

OMAHA, Neb. (AP) — Investor Warren Buffett says Valeant Pharmaceuticals’ practices were flawed, so he declined to invest Berkshire Hathaway’s money in the company. Buffett says some Valeant shareholders urged him to look at investing in Valeant in recent years, but he decided not to after examining the company. Read more

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