Investments

Judge Swain's ruling complicates the Puerto Rico Oversight Board's effort to recover payments on $6 billion of bonds that the board deems to have been illegally sold.

Gary Community School Corp. in Indiana wants to test its access to the bond market with a $5 million bond refunding.

New Jersey Gov. Phil Murphy's administration released the latest in a series of reports designed to provide a roadmap to get Atlantic City out of fiscal trouble.

The city moved up its bond notice and document postings in response to a BondLink report saying investors want more time to review deals.

A class-action lawsuit alleges four of the world’s largest oil suppliers cheated Puerto Rico's electric utility out of more than $1 billion.

The Orlando Sanford International Airport has launched a search for a new president and chief executive officer after Diane Crews recently announced that she plans to retire in September 2020.

Municipal bond analyst Natalie Cohen succeeds former Pennsylvania Gov. Ed Rendell, who now joins the bond insurer’s Strategic Advisory Committee.

A bill restructuring a local expressway authority would order tolls to be lowered by 25%, threatening future road projects.

Lower gas prices, remote working, easy driving and new competition from ride-share companies are taking slices of the pie.

The layout of Los Angeles means the concept wouldn't work as proposed in Manhattan, Eric Garcetti said in New York.

Municipal bond buyers faced a wide variety of securities that came to market on Monday.

Puerto Rico’s Federal Oversight Board is asking the U.S. Supreme Court to overturn a ruling that deemed its members unconstitutionally appointed.

In the coming months bond lawyers expect numerous municipal governments to issue new bonds to support investments in Opportunity Zones.

Shawnee County, Kansas, commissioners on Monday morning approved by a 3-0 vote a resolution to issue about $13 million in taxable industrial revenue bonds for a shopping development in west Topeka.

The biggest news in the world of public-private partnerships (P3s) last year had nothing to do with toll roads — the most visible way governments team up companies. Instead, the most expensive infrastructure deals were projects to build a car-rental facility and a small tram at Los Angeles International Airport.

Franklin, with preliminary assets under management of $712.3 billion, including $63.4 billion of tax exempts, has suffered net outflows since 2014.

The firm hired Michael Barnes in Philadelphia and Andrew Maher in Pittsburgh.

Jerry Zaro, chairman of Gateway Development Corp., discusses the importance of replacing a 108-year old rail tunnel linking New Jersey with Manhattan and how lack of support from the Trump administration has prevented the $12.7 billion project from getting off the ground. Andrew Coen hosts.

Action got underway in the primary on Monday as an Iowa school district sold over $100 million of general obligations.

The audit concluded a year and one day after the sports authority received a letter dated April 4, 2018, informing it that the tax-exempt status of the bonds was being examined.