Northeast

Former longtime Citigroup banker Mike Heffernan will oversee the Massachusetts Department of Revenue, commonwealth officials announced.

One-third of New York small business owners endure long waits for approvals to open shop, according to city Comptroller Scott Stringer’s red-tape panel.

Private investors in Maryland’s multi-billion dollar Purple Line P3 rail project will finance their share of construction with a federal loan and private-activity bonds.

New Jersey labor unions are calling for the state’s pension fund to scale back its alternative investments to help cut down on fees paid to Wall Street firms.

An overhaul of LaGuardia Airport is closer to taking flight after the Port Authority of New York and Jersey Board of Commissioners voted to approve a public-private partnership for the $4 billion project.

The Gateway Tunnel rail project connecting New Jersey to Manhattan received a commitment for $70 million in an effort to fast-track the estimated $20 billion initiative.

Connecticut, home to the two tribal casinos that launched a gambling boom in the northeast, may become a victim of that boom as gambling behemoth MGM builds a casino just across the state line in Massachusetts.

Pennsylvania finally has a state budget but remains vulnerable to more rating downgrades, said a Philadelphia-based municipal strategist.

New Jersey Gov. Chris Christie is pressing Assembly Speaker Vincent Prieto to support an Atlantic City intervention bill approved by the State Senate saying failure to do so could lead to a bankruptcy of the gambling hub.

Pennsylvania Gov. Tom Wolf said he would allow the nine-months-late fiscal 2016 budget to become law without his signature.