Northeast

In a move that came as no surprise, receiver William Lynch said Harrisburg, Pa., will skip its $3.4 million general obligation bond payment due this week.

The New Hampshire Municipal Bond Bank is expected to sell $40 million of bonds on Tuesday to fund loans to the state's local governments.

Trenton's Mayor Tony Mack was arrested on Monday morning on corruption charges related to a parking garage project in the city.

Whether Central Falls, R.I.'s bankruptcy reorganization could serve as a national model, as its presiding judge suggested, remains an open question.

New York City and Massachusetts are tapping the capital markets to fund social intervention programs under a new mechanism called social impact bonds.

The Dormitory Authority of the State of New York leads the week's issuance with a $238 million bond sale for the State University of New York on Tuesday.

A Commonwealth Court of Pennsylvania judge has delayed her order compelling the City Council in state capital Harrisburg to double its earned-income tax.

Keith Stokes, who resigned as executive director of the Rhode Island Economic Development Corp. in the aftermath of the 38 Studios loan default, re-emerged as president of a lobbying organization.

The chief executive of the Rhode Island Public Transit Authority is on paid administrative leave while state police examine the agency's internal records.

Monroe County, Pa. commissioners said they would support a $35 million bond referendum for open space if an economic development initiative is added.