Midwest

Fitch Ratings has upgraded Olmsted Medical Center's rating by one notch, pushing it into the A category in recognition of its strong financial profile and increasing liquidity.

Fitch Ratings last week downgraded to BB-plus from BBB-minus $30 million of revenue bonds issued for Beatrice Community Hospital.

Moody's Investors Service last week downgraded to A1 from Aa3 its rating on Michigan Technological University, affecting just under $80 million of outstanding debt.

Indianapolis Controller Jeff Spaulding is leaving the city for a new position at the Friedman Foundation for Education Choice.

Chicago officials reported that hotel occupancy last month hit a record level for a March, helping bring first quarter results to levels not seen in five years.

Major League Baseball's Chicago Cubs would privately fund an overhaul of the 99-year-old Wrigley Field and construction of an adjacent hotel and plaza under a tentative $500 million plan.

Michigan law firm Miller Canfield Paddock and Stone PLC has named long-time Detroit based public finance attorney Michael McGee as its new CEO.

Construction could start as early as 2015 on a long-planned, largely bond-financed $3.5 billion trade bridge between Detroit and Windsor, the busiest trade route in the U.S.

Iowa Treasurer Michael Fitzgerald called Gov. Terry Branstad's alterative to the federal government's Medicaid expansion a bad deal for the state.

Siebert Brandford Shank & Co. LLC has hired the Chicago Transit Authority's former chief financial officer Karen Walker to lead its Chicago office.