Pennsylvania

Harrisburg's former receiver wants a special prosecutor to probe the incinerator bond deals that left Pennsylvania's capital more than $340 million in the hole.

Retail pricing began for the Pennsylvania Housing Finance Agency's $230 million sale of mortgage revenue bonds. The institutional sale will be Thursday.

Moody's downgraded to Ca from Caa1 the bond rating of West Penn Allegheny Health System, which is embroiled in a messy merger battle with Highmark.

City officials, workout consultants and industry leaders asked a Pennsylvania agency to let the city of Pittsburgh exit its recovery plan and the distressed label that goes with it.

A judge on Friday granted Highmark's motion for a preliminary injunction against West Penn Allegheny Health System, blocking the speculative-rated health system from seeking other suitors for an affiliation.

Standard & Poor's lowered West Philadelphia Achievement Charter Elementary School's $7.45 million revenue bonds to junk bond level BB-plus from BBB-minus.

A federal judge will sentence David Dodd on felony counts related to the failed Capitol View Commerce Center project in Harrisburg, Pa.

Pittsburgh officials say they have come so far from their basket-case days of nine years ago that they want a state agency to remove the "distressed" tag.

The Scranton, Pa., City Council introduced proposals to increase in the real estate transfer, business privilege and mercantile taxes for 2013.

Harrisburg's state-appointed receiver insists that selling the parking garages in Pennsylvania's capital city is still a better option than keeping them and using their revenue to pay down incinerator-related debt.

Hurricane Sandy left major challenges for many municipal bond firms after the Financial District of Manhattan was hammered hard by the storm.

A court hearing on a dispute between Highmark Inc. and West Penn Allegheny Health System Inc. over their failed $475 million merger agreement will continue Thursday in Pittsburgh.

Fitch Ratings lowered West Penn Allegheny Health System's $737 million revenue bonds CCC from B-plus, citing uncertainty over its proposed Highmark affiliation.

Scranton, Pa., officials have asked a court to let it borrow an additional $9.75 million, citing the need to plug further unexpected gaps by the end of the year.

The Harrisburg, Pa., City Council cried uncle, doubling the city's earned-income tax to 2% in a move state-appointed receiver William Lynch had sought.

Moody's Investors Service downgraded the long term rating of Pennsylvania's State System of Higher Education to Aa3 from Aa2, affecting $1.5 billion of debt.

The city of Philadelphia is expected to sell $71 million of water and wastewater revenue refunding bonds on Wednesday.

The sudden breakup of hospital operator West Penn Allegheny's affiliation with insurer Highmark heightens uncertainty over hundreds of millions in bonds in a turnabout driven by adulterous sex and violence.

The University of Pennsylvania's chief investment officer Kristin Gilbertson is stepping down after heading the endowment office since 2004.

Fitch Ratings downgraded $2.8 billion of Philadelphia School District and Pennsylvania School Building Authority bonds to BBB-minus ahead of a $300 million deficit bond sale.