Northeast

An investor group led by Boston Red Sox president Larry Lucchino and attorney James Skeffington has purchased the Pawtucket, R.I., minor league baseball franchise and envisions a stadium on former I-195 land in Providence.

Maryland pushes back bids on its $2.5 billion Purple Line P3 rail project so partners can study how to build it cheaper.

New York's Metropolitan Transportation Authority expects to issue $300 million of transportation bonds next month, said finance director Patrick McCoy.

A New Jersey state judge ruled against Gov. Chris Christie's efforts to curb pension payments just a day before he is scheduled to release his new budget proposal.

The NTSB will conduct a metallurgical examination of the electric third rail in its investigation of the Feb. 3 Metro-North Railroad accident in Valhalla, N.Y., that killed six people.

New York City Comptroller Scott Stringer announced three hires at the Bureau of Asset Management, which coordinates investment the city's $163 billion pension funds.

A Feb. 19 decision by Pennsylvania's School Reform Commission to only approve five out of 39 charter school applications in Philadelphia is a credit positive for the city's struggling district, according to Moody's Investors Service.

New York's MTA will hold committee and board meetings Feb. 23 and 25, respectively, at a new location, 2 Broadway in lower Manhattan.

Gov. Charlie Baker is forming a panel to investigate the Massachusetts Bay Transportation Authority in the aftermath of its storm-related struggles.

A tax increase to help fix Greater Boston's crippled mass transit system is not in the works, said Massachusetts Gov. Charlie Baker.