Northeast

New York's Metropolitan Transportation Authority will issue requests by the end of the month for two new spaces in its landmark Grand Central Terminal, targeting both for sit-down restaurants.

Massachusetts will return to the market Tuesday when it sells $350 million of general obligation bonds through competitive sale.

The business woes of the online video game company former star baseball pitcher Curt Schilling has founded, which appears to be unraveling faster than the 2011 Red Sox, have set off a political, media and bond-industry firestorm.

In a meeting of directors on Thursday, the Nassau Interim Financial Authority rejected Nassau County, N.Y.'s contract with Morgan Stanley to serve as an advisor on a deal to privatize the county's sewer authority.

Former Rhode Island auditor general Ernest Almonte will run for governor as a Democrat in 2014, he announced.

Standard & Poor’s raised its rating on the Philadelphia Parking Authority’s airport parking revenue bonds to A from A-minus. The outlook is stable.

Moody’s Investors Service downgraded the Utica, N.Y.’s general obligation rating to Baa1 from A3, affecting $64.99 million of outstanding debt.

Moody’s Investors Service said last week that the risk profile of New York local governments’ debt — other than school districts — subject to the new property tax cap remains unchanged.

New Jersey’s tax collections for fiscal 2012 are up from the same period last year, but April results were below expectations, the Treasury Department said last week.

Moody’s Investors Service called New Jersey’s decline in gambling revenues is a credit negative for Atlantic City.