Far West

Transportation Department has $850 million of competitive grants available for infrastructure projects that improve freight shipments.

A New York audit firm and one of its senior partners have agreed to pay a combined $555,000 and take a number of corrective actions to settle Securities and Exchange Commission charges that they issued fraudulent audit reports in connection with municipal bond offerings from the town of Ramapo, N.Y.

The Municipal Securities Rulemaking Board plans to amend its proposal that would require dealers to disclose their markups and markdowns in principal trades with retail customers.

The agency in charge of Honolulu's multi-billion dollar elevated rail transit system has named a new interim executive director.

Public finance veteran Steve Juarez was appointed deputy treasurer in charge of economic development programs and higher education policy today by California Treasurer John Chiang.

Alaska is unlikely to find another good opportunity to issue pension obligation bonds soon after the last-minute halt of a more than $2 billion sale several days ago, the state’s debt manager said.

California needs to spend $7 billion annually to make city and county streets and roads safe, according to a new report funded by local governments and transportation agencies.

Underwriters should walk away from municipal securities transactions when they discover the issuer has failed to disclose key information, dealer officials said here, citing their own experiences as examples.

California's gross domestic product has grown enough to earn it a ranking as the fifth largest economy in the world, but that distinction does not quiet critics at the Milken Institute's California Summit who say the state has an anti-business climate.

Washington voters will chose between Michael Waite, a private-sector investment manager, and Benton County Treasurer Duane Davidson, in a Republican v. Republican race for state treasurer.