Northeast

Saint Francis University in Pennsylvania, also grappling with the stresses facing many smaller schools, downscaled its sports program to NCAA Division III.

The Maryland Economic Development Corporation and the Internal Revenue Service have reached a resolution in a tax squabble over a bond issuance where proceeds of the sale were not spent within a three-year time window.

The Municipal Forum of New York recognized three muni veterans for their service.

The pace of New York budget negotiations appears to be accelerating, six weeks into the fiscal year, but announcements so far have been light on fiscal policy.

The collapse of Sprit Airlines spills into the South Jersey Transportation Authority as Fitch Ratings places its revenue bonds onto a negative watch status.

The Manhattan-based Ivy League university reached a settlement with the federal government last year. It is selling $487 million of bonds this month.

The District of Columbia Water and Sewer Authority is applying for a reimbursement from the federal government for repair costs to a broken water line that flooded the Potomac River with raw sewage.

In addition to building a new patient tower dedicated to cancer care, the bonds will refund nearly all of Dana-Farber's outstanding debt.

Saint Michael's College was downgraded to B3 from B1, as Moody's cited growing expenses and lower revenues.

A New Jersey suburb will issue short-term debt as its officials try to recover $4.8 million stolen after a cyberattacker accessed a school district email.