Northeast

A United States demand that New York pay back at least $1.3 billion is a credit negative for New York, Moody's said recently, but New York disagreed.

Connecticut's short-term investment fund returned more than triple what similar money market funds pay over the past five years, said Treasurer Denise Nappier.

New York City's DOT chose Elliott Bay Design Group of Seattle to design a new class of boats for the Staten Island ferry at an expected cost of $309 million.

The developer of 3 World Trade Center expects that the New York Liberty Development Corporation will sell $1.65 billion in tax-exempt bonds in September to complete the tower.

Long Island Rail Road pension fraud could happen again if a federal agency isn’t vigilant enough, said budget watchdog group Citizens Budget Commission.

New York City Transit veteran Frank Jezycki will become vice president and chief officer for the Staten Island Railway, MTA officials announced.

Roger Williams University trustees have authorized negotiations to lease the former 38 Studios office for its own downtown Providence expansion.

New York City plans to sell $900 million of GO refunding bonds Aug. 13 after a two-day retail period.

Massachusetts lawmakers let stand Gov. Deval Patrick's veto of a measure that would have repealed subjecting the MBTA Retirement Fund to an open-records law.

Gov. Dannel Malloy launched a project aimed at expanding Connecticut's natural gas distribution systems.