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Shawnee County, Kansas, commissioners on Monday morning approved by a 3-0 vote a resolution to issue about $13 million in taxable industrial revenue bonds for a shopping development in west Topeka.

The biggest news in the world of public-private partnerships (P3s) last year had nothing to do with toll roads — the most visible way governments team up companies. Instead, the most expensive infrastructure deals were projects to build a car-rental facility and a small tram at Los Angeles International Airport.

Franklin, with preliminary assets under management of $712.3 billion, including $63.4 billion of tax exempts, has suffered net outflows since 2014.

The firm hired Michael Barnes in Philadelphia and Andrew Maher in Pittsburgh.

Jerry Zaro, chairman of Gateway Development Corp., discusses the importance of replacing a 108-year old rail tunnel linking New Jersey with Manhattan and how lack of support from the Trump administration has prevented the $12.7 billion project from getting off the ground. Andrew Coen hosts.

Bankers have until May 1 to submit their qualifications and their ideas to finance a $250 million expansion.

Manufacturing growth in the central Atlantic region was weaker than in March, while “service sector activity was robust in April.”

Sales of new U.S. homes unexpectedly rose in March, climbing to a 16-month high.

The region's services sector “continued to expand” at nearly the same pace as the previous month.

Action got underway in the primary on Monday as an Iowa school district sold over $100 million of general obligations.