Northeast

Rhode Island Commerce Corp. plans a negotiated sale of $250 million in Series 2016B state Department of Transportation grant anticipation bonds.

The Internal Revenue Service appears to have reversed itself in recently closing an audit with no change to the tax-exempt status of some general obligation bonds issued by a Pennsylvania school district issued in 2005 and advance refunded in 2013.

Peter Cannava is fighting the Securities and Exchange Commission’s attempt to put him back into its lawsuit over 38 Studios’ private placement by trying to amend the complaint to include more details about his alleged aiding and abetting the defrauding of investors.

Three months after ordering a shutdown of most New Jersey road and transit projects, Republican Gov. Chris Christie and leaders of the legislature’s Democratic majorities forged an agreement to fund the state’s Transportation Trust Fund through a gas tax hike.

Atlantic City is in danger of missing it November debt service payment after it violated a term of a state bridge loan, according to Moody’s Investors Service.

The Port Authority of New York and New Jersey is plotting a return to its transportation roots, though unraveling its real estate tangle may be difficult.

A New Jersey appellate court rejected an effort to block a $1.15 billion bond sale to complete the long-stalled American Dream shopping and entertainment development at the Meadowlands.

New York City and Connecticut officials became the latest to take aim at Wells Fargo as the bank's fake-accounts scandal resonates through the municipal bond world.

The board of New York's MTA approved its new rotation of bond underwriters while holding off on the application of Wells Fargo Securities.

Rhode Island Treasurer Seth Magaziner's new investment strategy will trim the state's exposure to hedge funds by more than half.