Shelly Sigo

Construction continues on new nuclear power plants in Georgia and South Carolina after the Westinghouse bankruptcy, but the Chapter 11 filing raises concerns for investors in the units, including public power utilities who issued billions in municipal debt.

A sweeping tax reform plan presented by Louisiana Gov. John Bel Edwards Wednesday met with immediate resistance from businesses that stand to see some of the biggest changes.

All Aboard Florida is assuring supporters of the private passenger train project that it will move forward despite the sales of its owner and an affiliate and pending legislation that the company says could jeopardize expansion plans.

Atlanta’s water and sewer bonds won a one-notch rating boost to Aa2 from Moody's Investors Service ahead of a $232 million refunding deal scheduled to price April 25.

U.S. nuclear contractor Westinghouse reportedly could file for bankruptcy by Friday, Reuters said, casting new doubt on public power providers that issued municipal bonds for nuclear plants in Georgia and South Carolina.

South Carolina-based Pope Flynn hired public finance tax attorney Marc Oberdorff to serve as senior counsel in the firm’s Columbia office, the firm announced.

Louisiana was not penalized by the market after its third rating downgrade in a year, getting strong bids for this week’s general obligation bond pricing.

Heightened concern about a potential Westinghouse bankruptcy filing resulted in negative outlooks on municipal bonds issued for new nuclear units the company is building in Georgia and South Carolina.

Jefferson County can refinance $500 million of outstanding limited-obligation school warrants, the Alabama Supreme Court ruled in a decision that could put the county in the bond market by mid-year.

Legislation before the South Carolina Legislature that proposes new pension reforms are positive for near-term funding needs, but S&P analysts believe they may be insufficient over the long term.

Market experts participating in a live survey at the National Municipal Bond Summit said they believe the Federal Open Market Committee will raise interest rates three times this year.

The U.S. Supreme Court will consider a special master’s recommendation, largely favoring Georgia and water agencies there, in the lawsuit Florida filed against Georgia over the apportionment of water from the Apalachicola-Chattahoochee-Flint River Basin.

North Carolina Gov. Roy Cooper began his first State of the State address urging lawmakers to fully repeal a state law passed in 2016 that is seen as discriminatory toward gay and transgender people.

All Aboard Florida said it anticipates launching its Brightline-branded private passenger train service between Miami and West Palm Beach in September, following an introductory roll-out phase.

The Florida House Friday voted to abolish Enterprise Florida, the state’s business development program, and to establish strict controls over the Visit Florida tourism agency, drawing swift rebuke from Gov. Rick Scott.

For the first time in fiscal 2017, Georgia Gov. Nathan Deal said monthly state revenues declined in February with collections down by $70 million or 5.6% compared to February 2016.

Louisiana Gov. John Bel Edwards wants coastal protection projects added to the president's high-priority infrastructure list in order to receive expedited federal approval.

Sports industry consultant Dave Howard will lead Florida’s privately owned passenger train project as Fortress Investment Group explores expanding All Aboard Florida’s Brightline-branded service to other states.

Florida legislative leaders signaled they are out of lockstep with the governor's policies on economic development, borrowing, and state spending as their legislative session began this week.

The Glades Correctional Development Corp. in south-central Florida shorted its March 1 debt-service payment, the trustee said in a notice, as the date for a taxable bond exchange approaches due to an IRS ruling.