Yvette Shields

Major League Baseball's Chicago Cubs would privately fund an overhaul of the 99-year-old Wrigley Field and construction of an adjacent hotel and plaza under a tentative $500 million plan.

Iowa Treasurer Michael Fitzgerald called Gov. Terry Branstad's alterative to the federal government's Medicaid expansion a bad deal for the state.

Siebert Brandford Shank & Co. LLC has hired the Chicago Transit Authority's former chief financial officer Karen Walker to lead its Chicago office.

The Illinois Supreme Court agreed Thursday to hear a direct appeal of a Circuit Court decision leaving intact a state overhaul of retiree health care benefits.

Minneapolis-based Fairview Health Services and South Dakota-based Sanford Health have canceled discussions over a possible union due to mounting opposition in Minnesota.

The Rehabilitation Institute of Chicago plans to sell up to $450 million of new-money and refunding bonds as it finalizes financing plans for a $550 million replacement facility.

The Illinois State Toll Highway Authority will sell $500 million of toll-backed revenue bonds next week in the agency's first market outing as it embarks on a $12.1 billion, 15-year capital program.

The Missouri Highways and Transportation Commission has named its chief engineer Dave Nichols to serve as director of the Missouri Department of Transportation.

Voters in St. Louis and St. Louis County last week passed Proposition P, a sales tax increase to help fund trail and park improvements and renovations to the Gateway Arch.

Edward Hospital & Health Services and Elmhurst Memorial Healthcare formally decided to merge to create one system with more than $1 billion in annual revenues.

Minnesota Gov. Mark Dayton unveiled a $750 million capital bonding package Monday that provides funds for infrastructure projects across the state.

The Chicago Infrastructure Trust received responses from 13 financial firms or groups in its first solicitation of private market interest in funding up to $100 million of energy efficiency upgrades to city facilities and schools.

Two Minnesota lawmakers plan to introduce legislation next week that would delay any state bond issuance for the new $975 million Minnesota Vikings professional football stadium until a stable revenue source is put in place that can support repayment.

Missouri Secretary of State Jason Kander issued a cease-and-desist order against the former Morgan Keegan & Co. Inc. for alleged fraud in its role as underwriter on $39 million of defaulted revenue bonds issued by a Missouri city for a now abandoned artificial sweetener plant.

Xenia Rural Water District in Iowa has finalized a long sought restructuring plan with its bond insurer and the USDA Rural Development on $125 million of debt.

Illinois held its ground with the market Tuesday as it completed an $800 million general obligation issue that captured yields in-line with the interest rate penalties assessed in secondary market trading.

Wisconsin-based WPPI Energy will sell $180 million of new-money and refunding power supply system bonds to fund projects including environmental upgrades and transmission improvements.

Moody's Investors Service has revised its outlook to negative on St. Paul’s sewer revenue bond Aa1 credit over a weakening of its financial metrics.

Minnesota Attorney General will hold hearings beginning next week to probe South Dakota-based Sanford Health's possible acquisition of Minnesota-based Fairview Health Services.

The U.S. Department of Transportation has invited Chicago to submit its formal application for a $100 million TIFIA loan to help finance completion of the Chicago Riverwalk.