Northeast

Harrisburg has named Ricardo Mendez-Saldivia business administrator and chief of staff, Mayor Linda Thompson announced Friday.

New York's Metropolitan Transportation Authority has purchased 300 new rail cars for $600 million.

The Port Authority of New York and New Jersey voted Thursday to cut compensation and benefits for non-union employees, saving an estimated $41 million over the next 18 months.

The Port Authority of New York and New Jersey submitted a request to federal officials that its Bayonne Bridge "Raise the Roadway" project be considered for expedited review under President Obama's executive order on permitting and federal review.

The Fair Lawn, N.J., Board of Education expects to refund its bonds and take advantage of lower interest rates.

Connecticut is the first public-sector issuer to receive a rating from Kroll Bond Ratings, state Treasurer Denise Nappier announced.

Harrisburg, Pa.'s state-appointed receiver has asked the U.S. attorney and Pennsylvania attorney general to examine the incinerator bond deals that left the capital city with more than $300 million of debt that it can't repay.

Pension overhaul will save New York City less money in the next few years than had been expected, according to a new analysis.

Nancy Winkler recalled speaking with an investor, shortly after taking over as Philadelphia's city treasurer. The conversation, she said, is an effective warning that cities on the rebound must sell themselves effectively to investors.

Suffolk County, N.Y., home of the Hamptons and a $530 million three-year budget deficit, issued $37 million of tobacco bonds Wednesday — one day ahead of schedule in order to take advantage of favorable market conditions.