Moody's has downgraded Rochester, Minn.'s electric utility revenue bonds to Aa3 as a lack of rate increases in recent years have made a dent in the utility's credit quality.
Rochester, Minn., Electric Utility Takes Credit Hit
DEC 24, 2012 11:48am ET
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New York's budget leaves it at risk of becoming one of only five states that do not allow the use of design-build procurement to deliver public infrastructure projects.
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