California

Officials celebrate return of Ontario International Airport to local control.

California voters will vote on 197 state and local bond measures Nov. 8, asking for almost $42 billion of general obligation bond authority.

Moody’s Investors Service upgraded the ratings on more than 90% of the 200 California credits it reviewed as a result of changes to the way it views lease revenue bonds and comparable debt.

California's strong incentives for electric vehicle ownership is a credit positive for the state's utilities, but the credit implications are mixed for the state itself, according to a Moody's Investors Service report.

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.

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.

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.

Northern California’s East Bay Municipal Utility District has suspended Wells Fargo from investment, broker-dealer and underwriter business for one year, though it won’t upend existing liquidity agreements.

An alignment of Catholic Health Initiatives with Dignity Health to create one of the nation’s largest nonprofit health-care providers would be a positive credit factor for the two organizations, according to Moody’s Investors Service.

Catholic Health Initiatives and Dignity Health are in negotiations that could result in creation of the nation’s largest nonprofit hospital chain or another form of “alignment.”