Northeast

Limiting the stays of Pennsylvania cities in the workout program for distressed communities could be counterproductive, said an aide to Gov. Tom Corbett.

Actor Alec Baldwin will visit Rhode Island on June 7 to help raise money for the Adams Memorial Library in formerly bankrupt Central Falls.

Gov. Tom Corbett announced the investment of $41.7 million in 13 nonpoint source, drinking water and wastewater projects across 12 Pennsylvania counties.

New York Comptroller Thomas DiNapoli has proposed legislation to give money to fiscally-stressed localities to hire financial advisors for long-term budget planning.

Massachusetts is preparing to offer another round of so-called green bonds to investors, state Treasurer Steven Grossman said on Earth Day.

Moody's revised its outlook on Bucks County, Pa., to negative, affecting $387 million in general obligation bonds and GO-guaranteed debt.

New York State won praise from Comptroller Thomas DiNapoli for improving its finances.

Rhode Island's failed attempt to settle a lawsuit challenging its pension overhaul law casts uncertainty over the state's finances, say Moody's and Janney.

New Jersey government's March revenues came in 7% lower than expected, adding to financial pressure on the state.

New York's MTA and Transit Workers Union 100 reached a tentative five-year labor agreement, Gov. Andrew Cuomo announced.