Massachusetts

Moody's revises Boston University's outlook to positive from stable while affirming the school's A1 rating.

Amtrak countersued the Massachusetts Bay Transportation Authority over $30 million for track maintenance between Boston and Rhode Island.

Northeast issuers sold $57.4 billion of municipal bonds in the first half of 2016, a 3% increase from the first six months of 2015, according to Thomson Reuters data.

Massachusetts Gov. Charlie Baker vetoed a pilot program to test a vehicle-miles-traveled road fee system.

The control board appointed a year ago to get a handle on the troubled Massachusetts Bay Transportation Authority is beginning to show progress, though much work remains, Massachusetts transit advocates say.

Butler Snow has hired Stephen E. Weyl to practice law in its public finance, tax incentives, and credit markets groups in Boston.

The MBTA, which operates mass transit in Greater Boston, has issued a request for qualifications regarding an automated fare collection system.

The Massachusetts Bay Transportation Authority will be coming to market on Tuesday with its first competitive deals in at least 15 years when it puts up for bid two sales tax and assessment refinancing transactions totaling about $344.2 million.

Brexit, the United Kingdom’s referendum vote to leave the European Union, may complicate the fiscal strife facing many Northeast states by adding another variable to problems that were already present.

Massachusetts lawmakers send Gov. Charlie Baker a $39.1 billion budget amid ever-widening revenue gap projections.

Working against deeper budget deficit estimates, Massachusetts House and Senate leaders are negotiating a budget for the new fiscal year that will start Friday.

Massachusetts intends to sell about $900 million of bonds as its top lawmakers work on a budget deal that reflects a larger-than-expected revenue shortfall projection.

Much of the funding in Massachusetts’ new five-year, $14.8 billion capital plan goes to transit infrastructure upgrades.

Mesirow Financial has appointed Blake Anderson to a newly-created position leading client portfolio strategy in its institutional sales and trading group.

Massachusetts does not expect to draw on the state's rainy-day budget to fill a $311 million revenue gap for fiscal 2016, a budget official tells investors.

Michael Mulhern will resign as executive director of the embattled $1.6 billion MBTA Retirement Fund, which is under fire for its secretive management,

Massachusetts officials acknowledge a $311 million year-to-date revenue shortfall that could complicate efforts to finalize a state budget.

Former Massachusetts assistant treasurer Colin MacNaught has launched tech company BondLink to help muni issuers manage debt management programs.

Mass. Gov. Charles Baker released a $4 billion capital plan for Fiscal Year 2017 that includes a $2.19 billion cap on general obligation bond issuance, a 3% increase over the previous fiscal year.

The Massachusetts Bay Transportation Authority will terminate five legacy interest-rate swaps after receiving approval to do so from its two governing boards.