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A new state rescue plan fails to address Atlantic Citys long-term fiscal challenges, S&P Global Ratings said Tuesday in affirming its deep junk-level CC rating of the New Jersey gambling resort.
June 7 -
Faced with a state Supreme Court threat to block distribution of funds to Kansas public schools, Gov. Sam Brownback called a special session of the legislature to provide a funding solution.
June 7 -
Lawyers with Orrick, Herrington & Sutcliffe are concerned about a ruling by a federal appeals court last week that found a constitutional challenge to the Securities and Exchange Commission's use of administrative proceedings to impose penalties in enforcement cases could not move forward until the proceedings end.
June 6 -
A Dowling College alumni group has launched a campaign to save the 48-year old Long Island school after it announced plans to close last week.
June 6 -
A compromise package to rescue Detroit Public Schools from looming insolvency at a cost of $617 million is headed to the state Senate.
June 3 -
Unrated Scranton, Pa., announced a P3 under which nonprofit National Development Council will manage its parking system.
June 3 -
The North Carolina House voted 81-27 Thursday to cancel the Interstate 77 toll road project and send the bill unwinding the states first public-private partnership to the Senate.
June 3 -
Presidential candidate and Sen. Bernie Sanders, I-Vt., has vowed to introduce an alternative bill to one pending before the House that CBO says would cost the territory $370 million over ten years.
June 2 -
New Jersey voter approval of gaming expansion could lead to as many as four casino closures in Atlantic City, but the proposed referendum faces an uphill battle, according to Fitch Ratings.
June 2 -
Former California Public Employees Retirement System chief Federico "Fred" Buenrostro received a prison sentence of four and a half years Tuesday, nearly two years after pleading guilty to accepting bribes in exchange for influencing CalPERS staff.
June 1