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South Carolina-owned Santee Cooper must pay $200 million to ratepayers and impose a four-year rate freeze to end a suit over a failed nuclear reactor project.
July 22
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The commission approved the borrowing amid projections of a $153 million budget shortfall for fiscal 2020 due to COVID-19.
July 22
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“I absolutely do intend on refilling my complaint,” Andrew Hennigan told The Bond Buyer.
July 22
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King Co., Wash., Port of Houston and San Antonio deals went up for grabs Tuesday.
July 21
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The legal tussle between the Dallas-based private lender and the Chicago-based investment powerhouse continues with defamation and antitrust claims pending in separate courts.
July 21
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The responses to requests for quotes in the secondary market increased almost doubled in 2018 compared to 2015.
July 21
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The nominations, essentially along party lines, move to the full Senate.
July 21
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This is the latest case to involve 'flipping' — improperly allocating bonds meant for retail customers and instead selling them to other market participants — following multiple related actions made by the SEC over the years.
July 21
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UMB plans to focus on higher education with its initial thrust into advisory services.
July 21
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The pandemic has magnified the woes of New York City’s public hospital system — long a problem unit — the comptroller said.
July 21
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Fitch downgraded the Ohio-based system to BBB-minus, leaving its rating at the lowest investment grade, matching ProMedica's Moody's rating.
July 21
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Te legislation, headed for Gov. Tom Wolf's desk, is a response to a court ruling that Scranton exceeded limits under state law from 2015 to 2017.
July 21
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Howard Cure of Evercore Wealth Management and Maria Doulis of the Citizens Budget Commission examine variables related to the city's FY21 spending plan amid the coronavirus pandemic, a deep recession and civil unrest. Paul Burton hosts.
July 21
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Casino tax legislation is “credit positive” for the city, Moody's said; Fitch downgraded ratings for Chicago water, sewer and school district revenue bonds.
July 20
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Fewer fliers due to the coronavirus pandemic sparked a second downgrade to Port Authority of New York and New Jersey-issued bonds sold for Kennedy Airport.
July 20
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Texas faces a shortfall of $4.8 billion at the end of fiscal year 2021, Comptroller Glenn Hegar reported.
July 20
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The United States Bureau of Labor Statistics' household and employer surveys tell different tales about the depth of Puerto Rico's downturn.
July 20
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The Federal Reserve could discuss yield curve control, but some feel it may not be needed.
July 20
