Northeast

A federal judge on Friday dismissed Securities and Exchange Commission charges against Peter Cannava, a banker involved in an ill-fated private placement for startup video game company 38 Studios.

A political brawl involving a bone-dry transportation trust fund and a pension-funding referendum continues as New Jersey lawmakers reconvene.

Mayor Bill de Blasio, several city and federal agencies and private developers closed a deal to finance the acquisition and renovation of five properties in Harlem through bonds.

The control board appointed a year ago to get a handle on the troubled Massachusetts Bay Transportation Authority is beginning to show progress, though much work remains, Massachusetts transit advocates say.

Rhode Island state Rep. Robert Craven Sr., a former state assistant attorney general, is calling for the release of grand jury documents and testimony on the state’s 38 Studios investigation.

Maryland’s $5.6 billion Purple Line P3 in jeopardy after federal judge halts the project over ridership worries.

Sales tax revenue collected by local governments in New York state rose 1.7%, or $130 million, in the first half of the year, according to a report released Thursday by state Comptroller Thomas DiNapoli.

Connecticut sold $250 million in tax-exempt general obligation bonds at a record low overall interest rate, said Treasurer Denise Nappier.

Mom and pop investors veered from recent buying patterns on new issues and bought longer-maturity bonds in order to get higher yields on the New York City GO deal – even if it meant accepting lower coupons, according to a New York City underwriter involved in the deal.

New York City should budget even more conservatively to offset risks of up to $900 million in its four-year financial plan, said the New York State Financial Control Board