Paul Burton

Moody's upgraded the rating of former bankrupt city Central Falls, R.I., to B1 from B2, affecting $13.7 million in outstanding general obligation bonds.

The trustee for Rhode Island's Central Falls Detention Facility Corp. has again tapped into the reserve fund related to Wyatt Center bonds.

Fitch's downgrade of Pennsylvania GO bonds was hardly news to state budget officials who warned of such action if pension overhaul remained in gridlock.

Gov. Dannel Malloy appointed Michael Cantor of Cantor Colburn to serve as chairman of Connecticut Innovations, a high-tech oriented quasi-public agency.

Pennsylvania's struggling capital, Harrisburg, has received state funding toward two local infrastructure projects, state Sen. Rob Teplitz announced.

Gov. Lincoln Chafee signed legislation letting Rhode Island cities and towns own their streetlights and maintain them as a cost-controlling measure.

Sam Gill joined Edwards Wildman Palmer as a Boston-based public finance associate, the law firm announced. He arrives from Andrews Kurth in Houston.

New York City plans to price a $635 million sale of general obligation bonds, beginning with a two-day order period on July 22.

MassDevelopment, the finance and development arm of Massachusetts, has won the 2013 award for excellence from the Council of Development Finance Agencies.

Moody's Investors Service on Friday downgraded Yeshiva University's rating to Baa1 from A2, and said it would review the university for further downgrade.

Massachusetts Gov. Deval Patrick signed a $34 billion budget, but vetoed $417 million while a separate transportation bill remains unresolved with the legislature.

Two bills intended to improve oversight of municipal bond financing and prevent another Harrisburg-type fiasco will go to the Pennsylvania Senate this fall.

Former Gov. Eliot Spitzer, furthering his political comeback try, delivered nomination signatures for New York City comptroller to the Board of Elections office.

Trade organizations allege that New York City's building department ignored plumbing and fire safety codes when it OK'd Forest City Ratner's high-rise next to the Barclays Center.

Teetering Harrisburg, Pa., will sell artifacts in a Guernsey's-run auction that ex-Mayor Stephen Reed had bought in a failed attempt to start a Wild West museum.

Fitch Ratings revised the general obligation outlook of Woonsocket, R.I., to stable from negative while affirming its B rating.

Connecticut leaders mourned the death of Donald Irwin, 86, who served two terms in Congress and a two-year term as state treasurer.

The Securities and Exchange Commission will pursue no enforcement action against Rhode Island over its pension financial disclosures, Treasurer Gina Raimondo said.

The University of Connecticut this week will sell $225 million GO new money and refunding bonds, to fund work on its health center and other campuses.

Massachusetts wants investor feedback about a rolling offering of general obligation bonds for retail investors.