Southeast

A federal judge denied a request by two Florida counties for additional documents about public financing for the All Aboard Florida private passenger train project, moving their lawsuits closer to a ruling on dismissal.

North Carolina Gov. Roy Cooper took office Jan. 1 amid political turmoil that prompted him to file a lawsuit challenging a recently passed law restricting his election board appointments.

Financial problems at Toshiba Corp. are credit negative for new nuclear power plants under construction at Plant Vogtle in Georgia and VC Summer in South Carolina, Moody's Investors Service said.

Seyfarth Shaw LLP has added attorney John W. Mills III as a partner in the firm’s litigation department in Atlanta.

Former Miami budget director Michael Boudreaux is asking a federal judge for a new trial over Securities and Exchange Commission charges that he committed securities fraud because he believes the previous trial was unfairly prejudiced against him.

The U.S. Department of Transportation told a Florida congressman who made inquiries about All Aboard Florida’s financing that it “does not evaluate ridership, revenue, or creditworthiness” for private activity bond allocations.

Alabama state lawmakers in 2017 will weigh competing major bond programs to fund transportation and prison construction, as well as two controversial gambling proposals.

Full repeal of the Affordable Care Act may cut hospital revenue by close to $400 billion over the next 10 years, putting pressure on healthcare bond ratings and state and local budgets.

Miami Beach put the brakes on a public-private partnership to build a 3.5-mile light rail streetcar, to let voters have a say in a larger transit plan that boosters hope can tap the Trump administration’s infrastructure financing proposal.

Petersburg, Va., was removed from CreditWatch by S&P Global Ratings, which maintained its BB junk ratings and negative outlook despite the cash-strapped city's hiring of a turnaround firm.