News and Information from Bond Buyer

Boston Mayor Martin Walsh and casino mogul Steve Wynn struck a deal in which the city dropped its lawsuit to stop a casino in a neighboring community in exchange for $68 million in mitigation funds.

Dallas Area Rapid Transit expects savings of $47 million or about 9% on a $483 million advance refunding of 2008 bonds.

MBIA Inc., the parent company of National Public Finance Guarantee, said Chuck Chaplin will step down March 11 as co-president, chief financial officer and chief administrative officer and will retire from the company effective Jan. 1, 2017.

School and community college districts violate California law if they purposely incentivize municipal finance professionals to advocate for passage of a bond measure, said a formal opinion from Attorney General Kamala Harris.

Municipal bonds finished steady in secondary trading on Thursday, traders said, one day after the Chicago Public Schools postponed what would have been the largest deal of the week.

The Chicago Public Schools' last-minute pricing delay puts more of an onus on the district to demonstrate its ability to access the bond market.

Texas will spend $1.3 billion on 14 highway projects aimed at reducing traffic congestion in five cities.

Hillview, Ky., and its largest creditor, Truck America, have entered settlement talks over a judgment as U.S. Bankruptcy Judge Alan C. Stout continues considering whether the city is eligible for bankruptcy.

The House is scheduled to hold a voice vote on Monday on a bill that would treat investment grade and actively traded municipal securities as high quality liquid assets under a rule banking regulators adopted in 2014.

The Treasury Department auctioned $29 billion of seven-year notes, with a 1 3/4% coupon and a 1.759% high yield, a price of 99.940947.

Capital appreciation bond issuance by California school and community college districts more than tripled to $999 million in 2015 despite legislation to discourage use of the bond structure.

Municipal bonds were steady in secondary trading at mid-session, one day after the Chicago Public Schools postponed what would have been the largest deal of the week.

Former Providence Mayor ‘Buddy’ Cianci, who oversaw a revival of Rhode Island’s capital city but also served five years in prison, dies at age 74.

Kevin Lavin, whose one year stint as Atlantic City emergency manager wrapped up on Jan. 21, has been hired for a new management role at a business advisory and expert services firm.

The Treasury Department said it will auction $18 billion year bills on Feb. 2.

The Treasury Department said Thursday it will auction $37 billion 91-day bills and $30 billion 182-day discount bills Monday.

Manufacturing activity in the Federal Reserve Bank of Kansas City's region "fell again in January," according to the bank's monthly manufacturing survey, released Thursday.

Indicator Last Report Forecast Actual Durable Goods Nov.: -0.5% Dec.: -0.3% Dec.: -5.1% ex-Trans Nov.: -0.5% Dec.: -0.2% Dec.: -1.2% Initial Jobless Claims 1/16: 294,000 1/23: 285,000 1/23: 278,000 Continuing Claims 1/9: 2.219M 1/16: 2.217M 1/16: 2.268M Pending Home Sales Nov.: -1.1% Dec.: +0.7% Dec.: +0.1%

The Puerto Rico Electric Power Authority and its creditors reentered a restructuring support agreement after hashing out acceptable terms for additional financing.

One day after the Chicago Public Schools postponed what would have been the largest deal of the week, the municipal bond market on Thursday is awaiting the last of the week's new issue supply.