Midwest

Illinois Gov. Bruce Rauner called on Chicago City Council members to get behind pieces of his turnaround agenda if they want his backing for their legislative want list.

Struggling to close a $1 billion budget gap, Chicago Public Schools will curtail capital spending in its next budget and take aim at its teachers' labor contract.

Michigan Gov. Rick Snyder said Wednesday he would meet immediately with lawmakers to seek a legislative solution to raise new road money after voters Tuesday soundly rejected a tax referendum.

After the Detroit Public Schools’ emergency manager warned the district can’t pay off $85 million of state notes by the August due date, a Michigan board has approved a plan to push out the payments up to 15 years.

Chicago Mayor Rahm Emanuel has tapped public transit veteran Dorval R. Carter Jr. to take the helm of the Chicago Transit Authority.

Rookie Illinois Gov. Bruce Rauner and the General Assembly enter the last month of the regular legislative session without visible progress on a state budget or the governor's proposed 'turnaround' plan.

Ohio-based Promedica Health System Inc. must divest itself of another local hospital after the U.S. Supreme Court refused to hear the hospital’s appeal of a lower court ruling blocking the merger.

A federal lawsuit seeks to stop Ohio from using toll revenue from the Ohio Turnpike to finance non-turnpike related highway projects.

Indiana Gov. Mike Pence has tapped Dennis Bassett, former Bank One managing director and the state's financial institutions director, as head of public finance.

Chicago's pension woes run so deep they pose a long-term fiscal threat even if the city overcomes pending legal and political hurdles to its stabilization efforts, Moody's Investors Service warns in a new report.