Northeast

Gov. Dannel Malloy has appointed four people to the nascent Connecticut Airport Authority and named Mary Ellen Jones of Glastonbury as the board’s chairwoman.

Nassau County Executive Edward Mangano has submitted a $2.6 billion budget for fiscal 2012 while a New York State-appointed oversight board continues to cast a watchful shadow.

Nassau County Executive Edward Mangano late Wednesday submitted a $2.6 billion budget for 2012 that eliminates a $310 million deficit and lays off more than 1,000 workers.

A court ruling favorable to Rhode Island state employees in a pension case is expected to further complicate debate in the state, where pensions have been central to a municipal bankruptcy and where a special legislative session will convene next month to discuss pension overhaul.

While a state takeover looms for Harrisburg after the City Council on Tuesday night again rejected a financial recovery plan, Pennsylvania's capital will be able to meet its general obligation bond obligations and make payroll for the rest of the year.

Fairfield, Conn., is targeting an Oct. 31 opening for its third Metro-North Railroad train station after the town passed a $7.5 million bond authorization to cover the costs of the long-delayed Fairfield Metro project marked by cost overruns.

The mayor of Collingswood, N.J., criticized Moody's Investors Service for imposing a rare "super downgrade" on it - six notches to Ba1, or junk status, from A1, affecting $27.8 million of outstanding rated debt.

The New York State Dormitory Authority plans to sell $491 million of Series 2011A revenue bonds for the North Shore-Long Island Jewish Obligated Group through negotiated bid on Thursday, following a one-day retail order period.

Rhode Island's retirement system is essentially "an implied contract" between the state and its employees, a judge said Tuesday in a ruling that favored the Ocean State's pension workers.

The New York City Municipal Water Finance Authority has scheduled for Tuesday a competitive issuance of $458 million of new-money and refunding bonds.