Northeast

Standard & Poor's has taken the Long Island Power Authority off of credit watch negative but has retained a negative outlook on its A-minus rating.

Philadelphia's mayor plans to sell the city's public gas works, defeasing the works bond debt in the process and raising money for the city's pension fund.

The New York City Housing Development Corp.'s board approved Mayor Bill de Blasio's appointment of Gary Rodney as president.

Expansion of after-school programs for middle school students will cost $190 million, said New York City Mayor Bill de Blasio.

Former Harrisburg, Pa., Mayor Linda Thompson said she will run for Congress against Republican incumbent Scott Perry.

Municipal analysts will discuss strategic outlooks at the next Logan Square meeting of the Philadelphia Mutual Analyst Society.

Connecticut's Bond Commission approved $1 million to fund removal of the state-owned Springborn Dam on the Scantic River in Enfield.

Under a pay-for-success initiative, Massachusetts embarks on $27 million, seven-year program designed to reduce incarceration rates for at-risk young men.

For perhaps the first time ever, Maine legislators have initiated creating supplemental budgets without the governor's input.

Creditors stand to recover 75% of Harrisburg, Pa., general obligation bonds, Moody's Investors Service reported after Pennsylvania's capital announced its pending exit from state receivership.