Northeast

The risk of a Long Island Rail Road strike hovers over officials at New York's MTA, even as board members approved a five-year deal with its subway workers.

Businessman Tom Wolf won the Democratic primary for Pennsylvania governor and will challenge incumbent Republican Tom Corbett in the general election.

Rhode Island House Speaker Nicholas Mattiello and Majority Leader John DeSimone plan to meet with Moody's and S&P in New York to discuss the possible fallout of missing 38 Studios-related bond payments.

How utilities pay for damage related to Hurricane Sandy affects credit quality, Standard & Poor's said in a report.

The Massachusetts Pension Reserves Investment Management board hired Andre Clapp as senior investment officer for public markets.

The State University of New York is starting to shut down its money-losing Long Island College Hospital.

Moody's Investors Service downgraded the enhanced ratings of 15 major New Jersey municipalities participating in a New Jersey-supported bond program, citing its downgrade of New Jersey.

Public finance guru Richard Ravitch, in a lengthy interview, discusses his new book and how cities and states haven't learned from New York's 1975 fiscal crisis.

The lawyer for former Rhode Island House Speaker Gordon Fox said a grand jury investigation may include the financing of failed video-game company 38 Studios.

Moody's Investors Service downgraded Manchester-Boston Regional Airport, N.H., revenue bonds to Baa1 from A3