Yvette Shields

Loyola University Chicago has hired Robert A. Munson to serve as chief financial officer, filling a position being vacated by the retirement of Bill Laird after 11 years.

Illinois-based OSF Healthcare System's A3 rating is stabilizing due to recent operating improvements after a tough 2013, Moody's Investors Service said.

Standard & Poor's has revised its outlook on Springfield, Ill.'s City Water, Light & Power's electric revenue bonds to stable from negative.

A group of bondholders trying to recoup their investment in a failed Moberly, Mo. artificial sweetener plant has added as a defendant Raymond James Financial Inc. — which acquired the bond deal's underwriter and lawsuit's original target.

Hospitals in the 24 states that have opted against expanding Medicaid under federal healthcare reform stand to lose out on $168 billion over 10 years while states will lose out on more than $400 billion, a new report from the Urban Institute concludes.

The Illinois Sports Facilities Authority said its recent $291 million refunding generated more than 5.47% of net present savings for $16 million in savings to ease its debt service burden going forward.

Six major Wisconsin health care systems are forming a partnership aimed at lowering costs and improving care.

Illinois will host a forum next month to meet with developers, air carriers and potential tenants as the state seeks to advance plans for a public private partnership to develop the South Suburban Airport.

Minnesota will take bids Tuesday on $904 million of general obligation bonds in a sale bolstered by a refunding piece and decision to skip its customary second annual new money issue.

Illinois' decision to conduct a revenue volatility study that could aid in the eventual development of a more robust rainy day fund won the struggling state some rare praise in a report from Pew Charitable Trusts.

Missouri transportation officials blamed a lack of consensus on how to pay for the state's transportation needs for the failed ballot measure that sought a sales tax hike to generate more than $5 billion in new revenue.

The struggling Lakeside 370 Levee District in St. Charles County, Missouri has filed Chapter 9 bankruptcy as it seeks to restructure $34 million of unrated bonds in hopes of improving the project's prospects.

Chicago Mayor Rahm Emanuel hosts the investor community Friday with a mixed bag of news to share a year after its last meeting was marred by a rare triple-notch downgrade.

Illinois' current fiscal strains pose a threat to the credits of state's public universities that rely heavily on state subsidies, Standard & Poor's warns in a new report.

Minnesota will take bids Tuesday on a rare certificates of participation issue for $85.4 million Tuesday to raise funds to finance a new legislative office building that was the subject of a legal challenge.

Chicago heads into its 2015 budget season with a $297 million gap to close according to projections that delay the city's funding of a $550 million spike in police and fire pension fund contributions.

The Wisconsin Supreme Court has upheld Gov. Scott Walker's controversial law that curbed most collective bargaining rights for public employees.

The Chicago City Council approved a 56% increase in the city's emergency services surcharge that's tacked on to phone bills, staving off the need for a $50 million property tax hike next year to cover the first year of higher contributions due under a pension reform plan.

Moody's Investors Service revised the Illinois Institute of Technology's outlook to stable, easing pressure on the rating that is at the lowest investment grade level.

Wisconsin will refund $257 million of general obligation bonds Tuesday and may add another $56 million of forward delivery refunding bonds if the market cooperates.