California

Medicaid cuts and tariffs are expected to pressure already struggling small rural and urban hospitals, including 18 in California that borrowed from the state.

Veteran banker Tim Kelly will give Baird's higher education and non-profit sectors a national reach.

The University of California is slated to price $1.5 billion in revenue bonds next week even as it battles Trump administration threats to research funding.

An Emerson College poll showed Lt. Gov. Eleni Kounalakis in seventh place in the crowded governor's race as she made the announcement Friday.

Hospital acquisitions, expansions and the anticipation of federal policy changes has increased bond issuance from the California Health Facilities Financing Authority.

A judge approved an injunction requested by 20 states to temporarily halt the Federal Emergency Management Agency from diverting money from a disaster preparedness program.

The plan being floated by California Gov. Gavin Newsom would nearly double the $21 billion fund created to protect the state's investor-owned utilities from outsized wildfire claims.

Moody's cited continued liquidity improvements in the ratings lift for the northern California clean energy aggregator.

Damage claims from the Eaton wildfire could wipe out the $21 billion fund created to protect utilities and their customers when an investor-owned utility's equipment is deemed responsible.

The airport, also selling $412.8 million of new money, will join a bevy of issuers who have deployed a tender offer in the hope of realizing refunding savings.

An academic paper presented at the Brookings Institute's annual conference found that future wildfire risks are already having economically significant impacts on financial markets, municipal borrowing costs and vulnerable communities.

Schools and governments turn to bonds to cover payouts in the wake of a California law that temporarily lifted the statute of limitations on sex abuse claims.

"It's time for this boondoggle to die," said Transportation Secretary Sean Duffy.

Record contributions from public employers made up for below-expectation investment returns, according to a report published by the the Equable Institute.

The hires "will help us further deepen our relationships," said the firm's head of public finance.

Executive Director Gene Seroka said the port's downstream prospects are unclear as it deals with the "tariff whipsaw effect" from the Trump administration.

The comprehensive federal tax bill President Trump signed July 4 is credit negative for universities, Moody's Ratings said.

California local, state and federal officials blasted the Trump administration and congressional GOP for blocking supplemental recovery aid after the wildfires.

The addition of Turner-Bond as a partner will deepen Orrick's public finance practice's P3 expertise.

Sacramento Municipal Utility District officials credit the Kestrel green verification for attracting a new buyer to its commercial paper.