Midwest

The federal judge overseeing Detroit's bankruptcy will consider final approval of a key bankruptcy document Monday that includes a fresh settlement reached with retirees late Friday.

Chicago announced Friday that the CTA has secured a $79 million transportation Infrastructure Finance and Innovation Act loan to help fund a new $240 million 95th Street Terminal on a Chicago Transit Authority light-rail line.

Missouri Gov. Jay Nixon is warning that the Legislature's $620 million tax cut legislation could end up costing the state more than $4.8 billion in revenue.

Cedar Rapids, Iowa has lost its top credit marks from Moody's Investors Service.

Detroit emergency manager Kevyn Orr said a handful of major infrastructure projects and the city's thriving downtown will help drive a revival that mirrors places like Miami and Baltimore.

Illinois received $2.2 billion of orders from 54 investors on its $750 million general obligation bond sale Thursday as its yield penalty widened just slightly from a sale earlier this month.

Oversight will be key to keeping the city out of another Chapter 9, Detroit CFO John Hill said at a Chicago forum on Wednesday.

Officials at Ohio-based Promedica Health System Inc. said they would go to the U.S. Supreme Court if necessary after a federal appeals court ruled a merger with another local provider would be anticompetitive.

Municipal bond buyers trapped in a low-supply market this month are hoping $750 million of Illinois bonds scheduled for sale Thursday will present an opportunity for some yield.

Union-owned Amalgamated Bank has been carving a niche for itself with bond transactions in Harrisburg and Scranton, Pa., and Allen Park, Mich.