Northeast

Rhode Island Gov.-elect Gina Raimondo will nominate former Newark, N.J. operative Stefan Pryor to be commerce secretary subject to state Senate confirmation.

New York City's revised four-year financial plan shows much smaller out-year gaps than projected in June, said state Comptroller Thomas DiNapoli.

Long Island's Nassau County now must plug a budget gap after legislators voted unanimously Monday evening to repeal a controversial revenue generating school-zone speed camera program.

New York City Comptroller Scott Stringer and Hewlett-Packard settled for $10.6 million in dispute over a city emergency communications contract.

New York MTA board members called on the state to waive fees on new money bonds, which could cost the MTA $22.5 million in calendar 2015.

New York's MTA seeks up to $300 million in federal funding for infrastructure improvements for the L subway line to account for a spike in ridership.

Gov.-elect Charlie Baker, who remembers the commonwealth's BBB days, wants Massachusetts to aim for a triple-A rating.

The Baltimore Hotel Corporation's convention center hotel revenue bonds used to finance a 756-bed Hilton were revised to stable from negative by Moody's Investors Service Thursday citing improved cash flow.

Subaru of America's decision to move its corporate headquarters to Camden, N.J. is a credit positive for one of the nation's poorest cities, Moody's Investors Service said on Dec. 11.

Massachusetts should increase its rainy-day fund and further lower its expected pension fund rate of return, incoming state treasurer Deborah Goldberg told investors.