Paul Burton

A Commonwealth Court of Pennsylvania judge has delayed her order compelling the City Council in state capital Harrisburg to double its earned-income tax.

Keith Stokes, who resigned as executive director of the Rhode Island Economic Development Corp. in the aftermath of the 38 Studios loan default, re-emerged as president of a lobbying organization.

The chief executive of the Rhode Island Public Transit Authority is on paid administrative leave while state police examine the agency's internal records.

Monroe County, Pa. commissioners said they would support a $35 million bond referendum for open space if an economic development initiative is added.

Canton, Conn., voters will decide on nearly $20 million worth of capital projects in a November referendum.

A federal court on Thursday afternoon approved the reorganization plan and subsequent bankruptcy exit for Central Falls, R.I., only 13 months after it filed.

The Hunts Point Terminal Market received a $25 million federal grant, with New York officials hoping the latest move will help keep it in the South Bronx.

Some Harrisburg, Pa., City Council members are prepared to risk a contempt charge and vote against a court order to double the city's earned-income tax.

Massachusetts' new health care cost-containment law could pressure the credit quality of providers by compressing margins, according to Standard & Poor's.

The Massachusetts Housing Finance Agency plans to sell $35.7 million sale of fixed-rate, single-family housing revenue bonds through negotiation.

Teetering Scranton, Pa., closes on a deal with Amalgamated to borrow $6.25 million in tax-anticipation notes, which the city says will bring short-term relief.

Amid a court order to raise an earned-income tax, Harrisburg, Pa'.s City Council could seek an injunction, ask for clarification or refuse and risk contempt.

Moody's on Tuesday changed its outlook on Woonsocket, R.I. to negative while confirming its B2 general obligation bond rating.

Harrisburg, Pa.'s City Council and its lawyer are discussing whether to appeal a state court ruling that requires it to double the earned income tax.

Rhode Island's Economic Development Corp., whose $75 million loan guarantee to company 38 Studios has taxpayers on the hook, took a step toward legal action.

The Commonwealth Court of Pennsylvania has granted a motion by Harrisburg, Pa.'s receiver William Lynch to force the City Council to double its earned-income tax as part of the financial recovery plan in the state capital.

Harrisburg controller Dan Miller says the tax increase receiver William Lynch seeks in court won't rescue Pennsylvania's capital city from the financial abyss.

Central Falls, R.I., could exit Chapter 9 next week after a mere 13 months. Its quick march does not surprise the city's bankruptcy attorney, Ted Orson.

Moody's called a court ruling invalidating the New York MTA's payroll mobility tax a credit negative, while Standard & Poor's is maintaining its credit rating.

New York's Metropolitan Transportation Authority needs "net-zero" settlements with its labor union and to implement fare and toll increases to keep budget gaps from resurfacing and rising, Fitch Ratings said.