Northeast

A bad business model is at the heart of problems at the Port Authority of New York and New Jersey, a report from an NYU transportation center said.

More spending will be necessary to improve the condition of New York City's bridges, according to the Independent Budget Office watchdog group.

New York State government approved a capital budget with a 34% increase in bond issuance in the coming year.

The University of Connecticut intends to price $220 million of GO bonds, including $120 million for capital improvements under the UConn 2000 program.

The New York City Transitional Finance Authority plans a $650 million sale of tax-exempt fixed-rate new money bonds on April 8, after a two-day retail order period.

The New York City Transitional Finance Authority plans a $650 million sale of tax-exempt fixed-rate new money bonds on April 8, after a two-day retail order period.

The chairman of the Port Authority of New York and New Jersey, David Samson, has resigned his position as of Friday morning, New Jersey Gov. Chris Christie said.

Legalized gambling once helped Atlantic City but its spread throughout the Northeast is now hurting the city's finances.

Central Falls, R.I., reporting a $1.6 million surplus less than two years after exiting bankruptcy is a credit positive, according to Moody's.

Harrisburg, Pa., receiver William Lynch will be the featured speaker at Widener University School of Law's April 14 program on municipal distress.