State of California

Metro is considering a public-private partnership to deliver what is its largest project to date.

Orrick promoted three California finance attorneys to partner as part of its 2026 class.

The heads of the southern California ports recounted 2025's wins and losses during separate State of the Port speeches this month.

Eurostar veteran Nicolas Petrovic will oversee the Florida system while Mike Reininger will focus exclusively on Brightline West.

The governor's $348.9 billion budget would boost education but targets housing investors.

LaMalfa was a frequent critic of the state's publicly funded bullet train proposal, which he called an "inexcusable waste of money."

The California High Speed Rail Authority's focus has shifted to state funds and private capital.

Palomar Health's bond rating remains stuck at junk, but UCSD partnership offers a glimmer of hope.

SRI International had its outstanding bonds downgraded to Baa1 because of its exposure to declining federal grants.

The U.S. and California economies will slow in early 2026, only to recover later in the year, according to the forecast.

The new debt is a "bridge loan" until the company can raise fresh financing, a bondholder said.

Oakland touts financial turnaround with a $335 million bond sale ahead, despite negative credit outlooks.

Bonds have traded up since the company last week announced a tentative bondholder deal and project update and financing details.

Meridiam, ACS Infrastructure Development, Sacyr Infrastructure USA LLC and Plenary Americas are among the firms that have signaled interest in the project.

California's recent tax revenues exceeded forecasts, but the state faces structural deficits that drive budgetary borrowing and have narrowed its reserves.

Andrew Nakahata officially takes the helm of the California Infrastructure and Economic Development Bank on Wednesday.

A bill to provide state credit support for housing finance and another to create an infrastructure bank were placed in the legislature's suspense file.

An Emerson College poll showed Lt. Gov. Eleni Kounalakis in seventh place in the crowded governor's race as she made the announcement Friday.

The bill would create a not-for-profit corporation modeled after California's IBank, but with more flexibility to handle large-scale projects, backers say.

The county will likely tap reserves, issue judgment obligation bonds and make departmental cuts to cover the $4 billion settlement.