Southeast

The city of Miami will consider paying $1 million, as recommended by City Attorney Victoria Mendez, to settle a Securities and Exchange Commission’s lawsuit.

Charlotte, N.C., will buck a recent trend and keep embattled Wells Fargo Securities on its sale of up to $150 million of general obligation bonds, saying the investment bank has served the city well.

A Kentucky Supreme Court ruling that Gov. Matt Bevin does not have authority to withhold university funds is a credit negative, Moody's Investors Service said, because it will be harder to manage difficult budgets without help from lawmakers.

Virginia has the environmental clearance to go ahead with a highway project originally earmarked for P3 funding.

The judge assigned to Calvin Grigsby's federal discrimination lawsuit against the city of Shreveport, La., is considering whether to dismiss the complaint.

Charleston County, S.C., officials cite low state road funding in asking voters for sales tax increase.

The Internal Revenue Service has informally advised the Baker Correctional Development Corp. in Florida that $45 million of first mortgage revenue bonds it issued in 2008 are taxable.

Sweet Briar College saw its revenue bonds upgraded four notches, although still within junk territory, because of efforts to keep the 114-year-old Virginia women's institution open.

Investment firms and public pension managers called for North Carolina to repeal a law seen as discriminatory to gay, bisexual, and transgender people, saying that it does not bode well for the triple-A rated state.

West Virginia has been downgraded for the second time in four months amid the ongoing decline in the coal industry that underpins the state’s economy, as Fitch Ratings lowered the state’s GOs to AA from AA-plus.