Paul Burton

Whether Rhode Island's pension law withstands a legal challenge is still uncertain, but one thing's clear: Judge Sarah Taft-Carter intends to hear the case.

Joining the bridge and tunnel crowd, Kroll rated about $900 million worth of bonds that New York's Triborough Bridge and Tunnel Authority intends to sell.

Mayor Michael Bloomberg's plans for New York City after Hurricane Sandy won't include seawalls, but levees, jetties, berms and dunes could be in the works.

Gov. Lincoln Chafee suggests settlement talks with unions over the landmark pension overhaul law, while Treasurer Gina Raimondo wants the state to stand firm.

Speaking in Washington before a Senate panel, Joseph Lhota, chairman of New York's MTA, urged federal help for his hurricane-battered transit system.

Scranton, Pa., received a $14.7 million through a private placement Thursday with Janney, which cited positive indicators in the financially distressed city.

While Connecticut's budget deficit estimates soar, state officials are prepared to tap a line of credit of up to $550 million to fund operations, if needed.

Standard & Poor's lowered West Penn Allegheny to CC from B-minus in the beleaguered health system's third downgrade from a major rating agency in two months.

The need for New York's MTA to borrow up to $4.8 billion using short-term recovery notes for Hurricane Sandy costs is a credit negative, according to Moody's.

Massachusetts will to price $381 million of general obligation bonds on Wednesday, including $231 million of SIFMA index refunding bonds and $150 million of new-money bonds.

Alan Kennedy-Shaffer won his battle with Gov. Tom Corbett’s administration to continue leading community group Harrisburg Hope while working as a state attorney.

Metropolitan Transportation Authority Chairman Joseph Lhota deflected speculation about his viability as a mayoral candidate after leading the MTA through Hurricane Sandy.

Standard & Poor’s raised its general obligation bond rating of Lynn, Mass. to A from A-minus.

New York City Comptroller John Liu called for "green apple" bonds to rid public school light fixtures of PCBs by 2015; he said the city would save $339 million.

West Penn Allegheny Health System revealed that the Securities and Exchange Commission may sue it over accounting discrepancies.

Distressed Scranton, Pa.'s proposed $110 million budget represents a 29% increase, and comes as a county court is set to rule on whether it can impose a commuter tax.

Connecticut's Office of Policy and Management has announced $170 million in cuts, amounting to half its estimated shortfall for the current fiscal year.

The New York City Municipal Water Finance Authority has planned a $435 million sale of new money bonds on Tuesday, after a one-day retail order period.

Battered by Hurricane Sandy, New York's Metropolitan Transportation Authority may be on the hook for an estimated $950 million, even after reimbursements.

Moody's has placed New York University Hospitals Center's A3 bond rating under review, after the continued closure of Tisch Hospital following Hurricane Sandy.