Northeast

After postponing a $2.6 billion tax and revenue anticipation notes deal due to Hurricane Sandy, New Jersey has decided to sell the notes in a negotiated deal instead of competitively.

New York State Comptroller Thomas DiNapoli on Friday projected the state's economic damage from Hurricane Sandy could exceed $18 billion.

Rhode Island is suing the owner of failed video-game company 38 Studios over a $75 million loan guarantee the state's economic commission provided the company.

Hurricane Sandy left the best laid capital plans of New York-area transportation agencies in shambles, hitting the Metropolitan Transportation Agency the hardest, flooding tunnels, subway lines and rendering most rail services in New York and New Jersey inoperable.

Hurricane Sandy left major challenges for many municipal bond firms after the Financial District of Manhattan was hammered hard by the storm.

A court hearing on a dispute between Highmark Inc. and West Penn Allegheny Health System Inc. over their failed $475 million merger agreement will continue Thursday in Pittsburgh.

Hurricane Sandy is obviously affecting the timing, but Connecticut was scheduled to go to market this week with its $400 million general obligation bond sale.

Rhode Island officials, speaking after Moody's Investors Service elevated the bond rating of Central Falls, envision brighter days for the once-bankrupt city.

New Jersey postponed a $2.6 billion tax and revenue anticipation note sale Friday as other potential bond issuers in the Northeast monitored Hurricane Sandy’s advance up the coast.

Four officials of the Port Authority of New York and New Jersey received subpoenas on Thursday, seeking information related to last year's toll hikes.