| Apr 17, 2012
| 5:14 PM
Democrats and Republicans sparred Tuesday over whether a special session of the General Assembly is needed to pass tax increases to avert steep budget cuts, while Moody's Investors Service warned the situation could hurt the credit ratings of localities...
| Sep 20, 2008
Constellation Energy Group sealed an agreement yesterday allowing Warren Buffett's MidAmerican Energy Holdings to buy the company for $4.7 billion, even as the Baltimore firm's largest shareholder was reported to be weighing a higher bid for the company....
| Nov 3, 2009
Constellation Energy Group and its nuclear joint venture partner, Electricite de France, announced Monday that they will move quickly to close their $4.5 billion nuclear joint venture, though the deal leaves some unanswered questions.
Among them: when...
| Aug 18, 2014
| 3:55 PM
LEESBURG — The city, which has weathered tough financial times in recent years, is celebrating a decision by Standard & Poor's Ratings Services to give a boost to Leesburg's credit rating. The rating improved from A+ to AA- for overall long-term...
| Aug 14, 2014
| 11:01 AM
Standard & Poor's lowered SeaWorld Entertainment's credit rating Thursday amid negative publicity over its treatment of killer whales.
The move by the Wall Street rating company came one day after SeaWorld reported lower-than-expected earnings for the...
| Aug 6, 2014
| 8:44 PM
The city of Newport Beach received a triple-A implied credit rating Friday from global credit rating and research group Fitch Ratings, according to a city news release.
"Prudent financial management has resulted in a history of positive operations,...
| Jul 11, 2014
| 9:47 AM
The Illinois Supreme Court's ruling extending constitutional protection to public sector retiree health care is a negative credit factor for Illinois, Chicago and local governments seeking to alter pension benefits, Moody's Investors Service said on...
| Jun 25, 2014
| 1:45 PM
California's finances received a bump from Moody's on Wednesday, returning the state's credit rating to its highest level since 2001.
The Wall Street rating agency praised California’s more stable budget process and a new effort to stockpile...
| May 16, 2014
The California state treasurer is charged with investing the state's money and selling its bonds. That's not quite as sweeping as it sounds. The Legislature and voters actually decide what projects to sell bonds for, and there are numerous constraints...
| May 27, 2014
| 6:48 PM
Tesla Motors Inc., the electric-car company whose stock climbed fourfold last year, was slapped with a junk credit rating by Standard & Poor's because of "considerable uncertainty" about its long-term prospects.
The B-minus ranking, six levels below...
| Jun 8, 2014
| 7:00 AM
Dear Liz: Our son is graduating from college and needs a car for his new job. Is this an opportunity to help him establish a good credit rating? His credit union offers loans to first-time auto buyers who don't have a credit history, but the interest rate...
| Jun 9, 2014
| 11:07 AM
President Barack Obama will issue an executive action on Monday aimed at making it easier for young people to avoid trouble repaying student loans, a White House official said on Sunday.
The president will sign an order directing the secretary of...