Midwest

Kansas City International Airport should build a new state-of-the-art central terminal to replace its existing three, a special mayoral advisory group recommended Wednesday.

Ohio will issue nearly $1.9 billion in general obligation bonds over the next 10 years after voters approved the request in a Tuesday primary that saw the majority of borrowings in Ohio and Michigan approved by voters.

Indiana and Illinois have finalized a bi-state development pact for the proposed Illiana Corridor toll road that commits the two states to a combined funding contribution of up to $350 million.

Michigan lawmakers Tuesday created a special committee to deal with Detroit's bankruptcy and recovery ahead of legislation outlining a state contribution that could be unveiled as soon as Thursday.

Indiana-based Sycamore Advisors has hired Chicago City Colleges CFO Melanie Shaker to open a new Chicago office and expand into the Midwest's largest market.

Missouri's Republican-led Legislature overrode Democratic Gov. Jay Nixon's veto of a $620 million tax relief package, ignoring his warnings that it could jeopardize the state's top credit marks.

Chicago Public Schools plains raise its capital spending next year to install air conditioning in schools, build a new selective enrollment high school named for President Obama, and finance other upgrades as it continues to struggle with its budget.

Standard & Poor's revised its outlook on Mayo Clinic's AA rating to stable from negative due to its improved operating results.

The Missouri Senate on Monday overrode Gov. Jay Nixon's veto of a $620 million income tax cut. A vote in the House is next.

Bankrupt Detroit Monday filed a new plan to adjust its debt that reflects recent settlement with key creditors, though deals with some bondholders remain elusive.