Big business may keep Puerto Rico from statehood

“The 108-year-old push to make Puerto Rico the 51st state is thriving on the Caribbean island. But powerful U.S. business interests continue to trump local politics, making it less likely than ever, experts say.

More than half of Fortune 100 companies operate there, with billions invested in factories and trained workers. Eli Lilly & Co., Abbott Laboratories and others, including Microsoft Corp. and Coca-Cola Co., dont want to lose Puerto Ricos tax-free commonwealth status, politicians and academics say.”

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