Northeast

The Port Authority of New York and New Jersey has agreed to admit wrongdoing and pay a $400,000 penalty to settle Securities and Exchange Commission charges that it failed to disclose risks associated with New Jersey road projects to the investors that bought the bonds to finance them.

The Massachusetts Bay Transportation Authority's fiscal oversight board approved a five-year, $28 million warehouse privatization contract with Management Consulting Inc.

The New York City Department of Housing Preservation and Development is looking for qualified groups to form a community land trust.

New York State will be closing its aging Indian Point Power Plant ahead of schedule, Gov. Andrew Cuomo announced in a state of the state address Monday.

Slow or no revenue growth has made it difficult for many local governments in New York State to maintain services while dealing with rising costs, according to a report released Friday by State Comptroller Thomas DiNapoli.

The Port Authority of New York and New Jersey approved a preliminary $32 billion 10-year capital plan that advances partial funding for a replacement Manhattan bus terminal.

The University of Connecticut intends to sell $335 million in GO bonds to fund capital projects that include relocating its Greater Hartford campus.

New York Gov. Andrew Cuomo is proposing a roughly $10 billion modernization of John F. Kennedy International Airport that could incorporate elements of a public-private partnership.

Marisa Lago has been appointed by New York City Mayor Bill de Blasio to replace Carl Weisbrod as Director of the Department of City Planning and Chair of the City Planning Commission.

Connecticut must enact pension system overhaul that balances fiscal responsibility and retirees’ needs, Gov. Dannel Malloy said in his State of the State speech.