New York

New York City Comptroller Scott Stringer named former DASNY operative Carra Wallace to the new position of chief diversity officer.

The sentencing of municipal bond bid-rigger David Rubin has been postponed to 3:30 p.m. March 12.

New York City priced $950 million of general obligation bonds on March 5, and expects to price $100 million of tax-exempt variable-rate demand bonds later in March.

Moody's Investor’s Service downgraded Yeshiva University further into speculative territory Wednesday, dropping the school to B3 from B1.

New York's MTA made a formal request for a second federal presidential emergency board to help Long Island Rail Road reach an agreement with eight of its unions.

The sentencing of CDR Financial Products founder David Rubin for his role in muni bond bid-rigging has been postponed from Thursday to 11 a.m. Friday in New York.

New York City should have at least a blueprint for settling expired labor contracts by the end of the fiscal year, city Comptroller Scott Stringer told a City Council committee.

Standard & Poor's has taken the Long Island Power Authority off of credit watch negative but has retained a negative outlook on its A-minus rating.

The New York City Housing Development Corp.'s board approved Mayor Bill de Blasio's appointment of Gary Rodney as president.

Expansion of after-school programs for middle school students will cost $190 million, said New York City Mayor Bill de Blasio.

PNC Capital Markets LLC hired three veterans to continue the bank's efforts to integrate and expand public finance and banking.

New York local sales tax collections were up 5.2% in 2013 compared to 2012.

The New York City Department of Education failed to employ proper safeguards and controls in awarding multi-million dollar milk distribution contracts for schools, said city Comptroller Scott Stringer.

New York's MTA, rejecting a plea from former chairman Richard Ravitch not to do so, approved $7 million to cover Verrazano-Narrows Bridge toll discounts.

An upgrade by S&P to the primary credit of New York's MTA — transportation revenue bonds — was welcome news to authority finance officials.

New York Comptroller Thomas DiNapoli offered a mixed assessment of New York Gov. Andrew Cuomo's proposed budget.

Nassau County, N.Y., faces significant one-time and recurring expenses due to a recent court decision that Moody's Investors Service says is a credit negative.

The MTA board's finance committee approved a discount for frequent users of the Verrazano-Narrows Bridge. The full board will consider it Wednesday.

The Port Authority of New York and New Jersey has approved 2014 capital and operating budgets.

Northeast issuers sold $93.1 billion of municipal bonds in 2013, down 17.4% from 2012.