Maryland

Messina, a veteran public finance lawyer, will focus on senior living and life-plan communities.

The deal may represent a measuring stick for triple-A benchmark yields amid market volatility.

The troubled P3 project has been behind schedule and over budget.

The top five bond financings have an average dollar volume of more than $1 billion.

Moody's kept stable rating outlooks on Florida, Maryland and Virginia after moving the United States to negative. D.C.'s outlook was cut.

The White House is expected to announce major grants for non-Northeast corridor projects, including potentially high speed trains, before year's end.

The state did not rule out a future public-private partnership but said it's current focus is on public funds.

"The lowered ratings reflect our view of the system's ongoing operational management vulnerabilities that led to an EPA administrative order and alleged violations of the Federal Safe Drinking Water Act," said S&P's Jenny Poree.

The oil companies had petitioned the justices to have climate change lawsuits brought by state and local governments heard in federal courts instead of state courts.

The Australian toll road operator couldn't agree on terms with the state for the first phase of the project, which has been dogged by controversy and delays from the start.