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S&P Global Ratings revised its outlook on the university's debt to negative a month after Moody's Ratings took similar action as the school faces financial difficulties and management changes.
April 4 -
Peter Shapiro, founder of Swap Financial Group and a former New Jersey legislator and county executive, died at his home in East Orange on March 29 after a long illness. He was 71.
April 4 -
"HB 727, if signed into law, should lower borrowing costs for Kentucky school districts and will serve as a critical tool in dealing with cost overruns and other inflationary pressures," said Compass Municipal Advisors.
April 4 -
"Most spots on the muni AAA HG curve are at or near year-to-date highs, and the muni HG curve showed significant underperformance across the curve in March, relative to the broader fixed income market, after sizable muni outperformance in February," said J.P. Morgan strategists.
April 3 -
Gyliane Morgan alleges the company retaliated against her in 2020 after she pointed to the firm's oversight failings — including not flagging defaults by borrowers — stemming from its role in a U.S. Department of Education program that helps finance campus projects, according to a wrongful termination lawsuit she filed March 27 in a New York federal court.
April 3 -
Congress has taken no significant action on bills that would stop the depletion of the United States Virgin Islands' government pension system for 21 months.
April 3 -
The snub could become more important next year when Tax Cuts and Jobs Act provisions expire and tax issues take center stage at Congress.
April 3 -
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Among the items approved by the state Local Government Commission were $750 million of affordable housing bonds, the Turnpike Authority's Thursday sale of $184 million to refund BABs and Wake County's $321 million refunding bonds.
April 3 -
Representatives from the Securities and Exchange Commission gathered Tuesday to discuss some of their examination priorities and some of the trends they're seeing outside of exams.
April 3