Northeast

The executive director of the Port Authority of New York and New Jersey said an audit report that upbraided the bistate agency is an effective wakeup call.

New York Gov. Andrew Cuomo is leaning on lawmakers to pass a pension overhaul package that he says would save the state $113 billion over 30 years.

The attorney representing Harrisburg, Pa.'s City Council in its bankruptcy filing has filed another appeal of the rejection of its Chapter 9 case.

After receiving rating upgrades from Standard & Poor's, the Maine Turnpike Authority is set for its negotiated sale on Monday of $68.8 million of Series 2012A turnpike revenue bonds and $70 million of Series 2012B revenue refunding bonds.

Detractors say the Port Authority of New York and New Jersey is too big and secretive, overcharges commuters, carries way too much debt, and shouldn't run point for the World Trade Center redevelopment.

Providence retirees could face a 73% haircut on their pension benefits if Rhode Island’s capital city files for Chapter 9 protection, a bankruptcy expert says.

The Harrisburg Authority public-works agency has authorized chairman Marc Kurowski and interim executive director Shannon Williams to explore selling authority-owned historical artifacts through the same auction house that is selling similar items the city of Harrisburg, Pa., owns, the Patriot-News reported.

Long Beach, N.Y.’s declaration of fiscal crisis, giving its new city manager broader powers, is a credit positive, said Moody’s Investors Service.

New York Gov. Andrew Cuomo has launched a surety bond assistance program that is designed to help minority and women-owned businesses, or MWBEs, secure surety bonds and state contracts.

New York City Comptroller John Liu has launched (212)NO-WASTE, a hotline for city employees, contractors, and members of the public to report wasteful spending by city agencies.