Midwest

Minneapolis lost it its top credit rating from Moody's Investors Service due to the size of its pension burden and shift in how the rating agency assesses pension obligations.

The federal bankruptcy judge overseeing Detroit filed Tuesday an eight-month schedule of key hearings ahead of a March deadline for the city to file its final plan of adjustment.

The Indiana Attorney General last week said he would not investigate the controversial $4.5 billion bond-financed Prairie State Energy Campus located in southern Illinois.

Chicago retirees who stand to lose their city-subsidized healthcare under Mayor Rahm Emanuel's plan to dismantle the existing program and move them to health insurance exchanges are firing back, suing to hold on to the benefit.

Milwaukee County plans to sell $51 million of new money and refunding general airport revenue bonds for General Mitchell International Airport, but received a downgrade and worsened rating outlook.

Illinois Gov. Pat Quinn has signed legislation that paves the way for the use of public private partnership to build the long-planned third Chicago regional airport in the far southwest suburbs.

The Illinois state auditor found "pervasive" management problems and troubling fiscal operations at the Illinois International Port District in a review that covered 2010 and 2011.

Moody's Investors Service has raised Carroll University's rating one notch to BBB-plus in recognition of its positive operating performance.

For the first time in more than 40 years, Ohio will stop subsidizing property taxes for new levies, a move that could make voters more reluctant to approve borrowing requests.

A judge last week ordered Cook County, Ill. to stop collecting a new tax that the county began to levy last year to help offset a 2013 budget deficit.