Northeast

The Englewood Cliffs Board of Adjustment’s approval of plans to build a new LG Electronics headquarters is a credit positive for the New Jersey borough, according to Moody’s Investors Service.

Standard & Poor’s revised its outlook to stable from negative and affirmed its BBB-plus ratings on the Massachusetts Development Finance Agency’s Series 2008 and 1998 bonds issued for the Boston Medical Center.

The $100 million retirement fund for Lexington, Mass., is making its initial infrastructure investment, which could exceed $6 million.

Three Harrisburg citizens, including a former mayoral candidate, have requested a federal court to impose an emergency temporary injunction to halt the state-appointed receiver in Pennsylvania's capital city from implementing a financial recovery plan.

While Gov. Chris Christie trumpeted a New Jersey comeback in his budget message, his proposed $32.1 billion spending plan for fiscal 2013 hinges on revenue projections that still must materialize.

Amid uncertainty over the cost of building a new Tappan Zee Bridge, New York State officials are floating creative ideas about what to do with the current span after it is replaced.

The Cohasset, Mass., town manager says his objections to a request for proposals for a water service contract triggered his suspension by the board of selectmen, which wants to fire him.

Great-West Retirement Services and TIAA-Cref are the finalists to administer Rhode Island's new defined contribution pension program by a unanimous vote of the State Investment Commission, General Treasurer Gina Raimondo announced.

New York City could realize $100 million in savings from next week's $800 million general obligation refunding bond sale, Comptroller John Liu said Thursday.

It could take two years to close the deal, but Philadelphia Mayor Michael Nutter favors selling the city's 175-year-old gas company if price and conditions are acceptable.