Pennsylvania

Mayor Jim Kenney’s fifth budget proposal seeks to shield the city from a potential recession.

Cash-flow struggles amid sharp tuition revenue declines the past few years placed the Philadelphia private college on the verge of another credit downgrade one year after its rating was dropped into low investment grade territory.

The National Museum of American Jewish History in Philadelphia filed for Chapter 11 this week, burdened by debt sold to construct its building.

Scranton, Pa., activist Gary St. Fleur describes his group's successful suit that claimed the city was overtaxing its residents under Pennsylvania law. Paul Burton hosts.

The region's bond issuers sold $113.3 billion of debt in 2019, a 16.8% increase from 2018 fueled largely by a spike in taxable deals.

Fitch Ratings dropped Immaculata University, in the Philadelphia suburbs, to BB-minus from BB.

The governor's proposed $36.1 billion spending plan would expand a bond-backed program to clean up toxic school buildings and overhaul charter schools.

Ted Palatucci was a U.S. Navy veteran who went on to a long career in the municipal bond industry, most recently at Andres Capital Management.

Joe Torsella received the appointment to the National Association of State Treasurers committee from NAST President Deborah Goldberg of Massachusetts.

Pennsylvania Treasurer Joe Torsella discusses his state's lead role in a lawsuit against banks that led to a settlement over price fixing of government agency bonds. Paul Burton hosts.

The high-demand market environment boosted Philadelphia’s first general obligation bond deal of 2020.

Alan Schankel, a longtime municipal bond analyst and managing director at Janney Capital Markets in Philadelphia, has retired.

Paige Cognetti takes over in the aftermath of a corruption scandal and faces tough economic challenges, including an adverse ruling in a taxpayer lawsuit.

Pittsburgh International Airport is partnering with the University of Pittsburgh on an additive manufacturing epicenter.

Ballard Spahr’s public finance group is increasing in size as it grows beyond traditional tax-exempt financings.

Twelve banks agreed to stricter antitrust oversight under the $250 million accord, said Pennsylvania Treasurer Joe Torsella.

Mayor Jim Kenney’s administration has implemented a series of measures to prepare for leaner times.

Longwood Gardens Inc., the late DuPont Co. chief Pierre S. du Pont's intensively planted Chester County estate that has become a top Pennsylvania tourist attraction, is planning a major expansion, bond documents show.

Friends and former co-workers called Paul Henry, 81, an extraordinary person and professional over his nearly 50 years in the municipal bond industry.

Fitch Ratings cut the Philadelphia-based Catholic university to BBB-minus, with a negative outlook.