Georgia

Georgia asked four firms to bid on the Northwest Corridor project Thursday. The metro Atlanta congestion-reliever is estimated to cost up to $850 million.

A South Carolina judge has allowed the Georgia Ports Authority to intervene in a lawsuit challenging the deepening project in Savannah Harbor.

The nine Georgia regions encompassing 113 counties could face additional funding pressure due to rejection of transportation sales tax, according to Moody's.

Drought-stricken Georgia has approved the first round of projects financed with state-issued bonds that will help build reservoirs and other drinking water projects.

Jackson Securities LLC is being spun off by Atlanta Life Financial Group. Subject to regulatory approval, Jackson will merge with New York-based M.R. Beal & Co.

Voters in nine of 12 districts in Georgia Tuesday rejected raising the sales tax by 1% to pay for billions in transportation improvements. In the 11-county Atlanta region, among the most congested in the state, 62.6% of voters said no.

Voters across Georgia head to the polls Tuesday to decide whether to raise the sales tax by 1% over the next decade to pay for transportation projects. The tax will raise more than $18 billion over 10 years.

Atlanta area political and business leaders have a solution to traffic that's ranked among the worst in the U.S.: Ask voters to approve a sales tax increase to raise $8.5 billion over a decade for roads and public transportation.

Two ports in Florida and one each in Georgia and South Carolina will see expansion projects expedited thanks to the Obama administration's "We Can't Wait Initiative."

Five consortiums have said they are interested in bidding on Georgia's nearly $1 billion Northwest Corridor project, the Atlanta-region congestion reliever that once was the state's first public-private partnership.

Moody's Investors Service Friday placed its A3 rating on bonds issued for Geogia's Fort Valley State University on review for possible downgrade.

An appellate court has denied a motion by environmental groups to stay the Nuclear Regulatory Commission's approval of the construction and operating licenses for two new nuclear units at Plant Vogtle in Georgia.

Wells Fargo Bank NA said in a market notice last week that the accelerated repayment of debt owed by a Georgia charter school, Fulton Science Academy, had been rescinded.

Gilt-edged Georgia last week sold $600 million of general obligation bonds at record low interest rates in two competitive sales both won by JPMorgan

Fulton Science Academy Inc. bondholders demand immediate payment following the suburban Atlanta charter school's inability to cure events of default, including renewing a charter for one of three schools.

The U.S. Supreme Court is scheduled Thursday to consider whether it will review the so-called water war case between Georgia, Florida and Alabama.

BRADENTON, Fla. — The Atlanta City Council late Monday approved a $1.8 billion budget that won't require an increase in property taxes in fiscal 2013.

BRADENTON, Fla. — Gilt-edged Georgia plans to competitively sell $741.5 million of new and refunding general obligation bonds this week.

BRADENTON, Fla. — The National Environmental Policy Act was violated when the Nuclear Regulatory Commission approved Georgia’s Vogtle nuclear plant licensing, environmentalists have argued in a federal appeal.

The Georgia Department of Transportation last week issued a request for qualifications for firms interested in designing, building and partially financing the nearly 30-mile, $1 billion Northwest Corridor project along Interstate 75 and 575 in Cobb and Cherokee counties.