Northeast

Fitch Ratings has placed two sets of BB-plus rated bonds issued by the New York City Industrial Development Agency on behalf of Staten Island University Hospital on positive rating watch.

Albany, N.Y., has two vacancies on its seven-member Industrial Development Agency board.

New York Gov. Andrew Cuomo nominated former state transportation commissioner Thomas Madison as executive director of the New York State Thruway Authority, subject to Senate confirmation.

Fitch Ratings has affirmed its long-term triple-A rating on Dartmouth College bonds issued by the New Hampshire Health and Education Facilities Authority, while assigning a stable outlook.

The Salem City Council will reconvene Sept. 8 to give second and final approval to two bond issues.

When Rhode Island sold $169 million of general obligation bonds on Wednesday after a two-day retail period, two words echoed amid huge jumps in yield: Central Falls.

Mayor Linda Thompson implored Harrisburg City Council members to approve her financial recovery plan, which will go before the council for a final vote at a special legislative session next Wednesday.

The Regional Economic Development Council in New York City held its first meeting on Tuesday, as part of New York Gov. Andrew Cuomo's initiative to attract and retain businesses and jobs.

Another downgrade hit Rhode Island as Moody's Investors Service lowered its rating to A2 from A1 on the Rhode Island Economic Development Corp.'s motor fuel-tax revenue bonds, affecting $77 million of outstanding debt.

A week of noise involving unions and commuters ended quietly in a Manhattan conference room on Friday, when the Port Authority of New York and New Jersey board of commissioners approved a set of toll and fare increases that the states' governors modified.