Midwest

The Minnesota Sports Facilities Authority said it expects to break ground in October on a new on a new $975 million Minnesota Vikings stadium.

The owners of the Detroit Red Wings announced plans to build a new downtown hockey arena to would anchor a $650 million mixed-use development.

Moody's Investors Service downgraded to A2 from A1 its rating on the Detroit-based Henry Ford Health System.

The Wayne County, Ind., Council approved the issuance of $50 million of tax-exempt private-activity bonds on behalf of a food-processing company.

Chicago's transit system needs a reliable revenue stream that provides at least $2 billion annually over multiple years, a new study warned.

Rushing to beat an end-of- year- deadline, the Iowa Fertilizer Co. will sell $1.2 billion of Midwestern Disaster Area Bonds with a mandatory tender in April that gives the company some breathing room to finalize its nitrogen fertilizer plant.

The Chicago Infrastructure Trust may move next month to solicit private market interest in funding energy efficient upgrades to city facilities and public schools in what would mark the not-for-profit's first project financing on behalf of the city.

Michigan is expected to launch a fresh review into Detroit's finances next week, paving the way for the possible appointment of state takeover of the nearly bankrupt city.

Minnesota expects to close out its current budget cycle with a $1.3 billion balance but faces headwinds going into its next two-year cycle with a looming $1.1 billion deficit.

A group of Illinois House members introduced a pension reform package they hope will serve as a road map to help the state dig out from $96 billion in unfunded liabilities.