Massachusetts

Former longtime Citigroup banker Mike Heffernan will oversee the Massachusetts Department of Revenue, commonwealth officials announced.

Connecticut, home to the two tribal casinos that launched a gambling boom in the northeast, may become a victim of that boom as gambling behemoth MGM builds a casino just across the state line in Massachusetts.

The Massachusetts Bay Transportation Authority intends to hand its oversight board a $2 billion budget that trims its structural deficit from $242 million to $80 million.

Organizers of a muni conference that features academics, market practitioners, public officials and regulations are rebranding the event and moving it from Boston to Washington.

The Schaghticoke Tribal Nation filed a lawsuit against Connecticut, asserting a casino law is unconstitutional.

Boston intends to come to market this week with a roughly $140 million sale of Series 2016A new-money GO bonds and an $8.1 million refunding.

Massachusetts intends to come to market with a $1.1 billion general obligation offering, the second-largest this week.

The MBTA, which operates the Greater Boston mass-transit system, expects to cut its projected fiscal 2017 operating deficit by 43%, to $138 million.

The Massachusetts Bay Transportation Authority paid out an estimated $236 million in net swap interest the past 15 years, said a Pioneer Institute report.

Issuers in the Northeast sold $102.9 billion of municipal bonds in 2015, almost 9% above the previous year's volume.

Massachusetts Gov. Charlie Baker’s proposed $39.6 billion executive indicates “mildly positive” credit trends, said Standard & Poor’s.

The study in contrasts these days between Massachusetts and Connecticut boils down to two words: General Electric.

Boston Mayor Martin Walsh and casino mogul Steve Wynn struck a deal in which the city dropped its lawsuit to stop a casino in a neighboring community in exchange for $68 million in mitigation funds.

Unused sick time among Greater Boston transit employees amounts to a perk of up to $49 million, according to a Pioneer Institute report.

Massachusetts celebrates and Connecticut winces as General Electric announces plans to move its world headquarters to Boston.

Moody's Investors Service upgraded UMass Memorial Health Care revenue bonds out of junk to Baa3 from Ba1, affecting $265 million of rated debt.

Early projections of diminished revenues at Plainridge Park Casino say little about the industry’s long-term viability in Massachusetts, said gaming chief Stephen Crosby.

The Massachusetts Bay Transportation Authority on Thursday terminated some contracts related to its 4.5-mile expansion of its Green Line light rail system north of Boston.

The Massachusetts Pension Reserves Investment Management Board and two of its executives earned top honors for innovation from Asset International-CIO.

A Suffolk County Superior Court dismissed Boston’s lawsuit aimed at stopping Wynn Resorts’ planned $1.7 billion casino in nearby Everett.