Paul Burton

A new Pennsylvania law will consolidate the functions of the Securities Commission into the Department of Banking to form a new Department of Banking and Securities.

Mark Schwartz, who has represented the Harrisburg City Council since October and filed a Chapter 9 petition on its behalf, withdrew from its most recent filing from the Commonwealth Court, saying he has not been paid.

New York State Comptroller Thomas DiNapoli's office has begun an independent financial review of the financially troubled State University of New York Downstate Medical Center and its affiliates.

Long Beach, N.Y., could issue a request for proposals by fall to operate its 38-year-old Long Beach Ice Arena.

Gov. Lincoln Chafee sees Peter Marino's hiring as a crucial piece to the Ocean State puzzle.

The commonwealth awards a $2.6 billion contact after bidding that attracted some of investment banking's biggest names.

The Pittsburgh firm will manage the Massachusetts Municipal Depository Trust bond portfolio, ending Boston-based Fidelity's 35-year run.

A local private-sector consultant, invoking the 1975 New York City crisis, says M&T should tell the Pennsylvania city to drop dead.

But employees, who have gotten the federal minimum since July 6, will not get back pay yet as the city lacks the funds.

Officials expect to accommodate large cargo ships traveling up the East Coast after the Panama Canal widens.

The former fiscal advisor to the Rhode Island Senate will oversee an office whose creation Gov. Lincoln Chafee sought in his budget proposal.

Proceeds will refund bonds and finance capital projects at the health system's three campuses near Philadelphia.

The rating agency, one day after lowering the state's GO bond rating to Aa2 from Aa1, took further action affecting the Keystone State.

After a long, bumpy road, Gov. Tom Corbett signs a bill that establishes a framework for infrastructure public-private partnerships.

Gov. Lincoln Chafee's executive order to form a task force on shared services among Central Falls, Pawtucket and East Providence is a credit positive for those stressed Rhode Island cities, according to Moody's Investors Service.

Executives from video-game company 38 Studios LLC admitted in bankruptcy court that their breakthrough game fell short of expectations.

Central Falls could exit bankruptcy by early September under a schedule to which unions, retirees and a bankruptcy judge agreed.

New York City Comptroller John Liu urged Mayor Michael Bloomberg to quickly identify senior administration officials responsible for orchestrating and overseeing the illegal lobbying activities at the city's Economic Development Corporation.

The state expands its pool of underwriters interested in negotiated sales by 35%, according to Treasurer Steven Grossman.

But the teetering city, frozen out of the capital markets and under national glare for paying employees the minimum wage in defiance of a court order, must agree to a revised recovery plan.