Southeast

An appellate court has denied a motion by environmental groups to stay the Nuclear Regulatory Commission's approval of the construction and operating licenses for two new nuclear units at Plant Vogtle in Georgia.

The IRS is auditing $378.15 million of gas supply variable rate revenue bonds and $4.82 million of gas supply fixed rate subordinated revenue bonds that the Lower Alabama Gas District issued in September 2007.

West Virginia's Mountain State University lost its investment-grade bond rating after announcing that it may lose its accreditation.

The 11th Circuit Court of Appeals Thursday granted permission for nine petitioners to directly appeal federal Judge Thomas Bennett's ruling that stripped a state-court appointed receiver of the right to run Jefferson County's sewer system.

With an eye toward expansion, Memphis-based FTN Financial Capital Markets recently brought on six new traders and sales professionals for its muni division.

Florida's most populous county, Miami-Dade County, plans to head to the bond market next week in search of investors for the county's transit bonds.

Assured Guaranty Municipal Corp. Tuesday asked Jefferson County, Ala.'s bankruptcy judge to order the county to file a plan of adjustment by the end of September.

Massachusetts has a budget for fiscal 2013 while South Carolina remains the only state without one, 11 days into the new fiscal year.

A Federal appeals court refused a rehearing on its decision to reject federal permits for North Carolina's Monroe Connector toll road.

Former state Rep. Vic Stelly, who engineered a now-repealed plan that raised income tax rates while reducing sales taxes, said last week that tax credits and exemptions are destroying Louisiana's finances.