Southeast

Private investors sign contract to finance, build, and operate tolled express lanes on a Virginia highway.

Provident Resources Group Inc., a national nonprofit, plans to issue up to $400 million of bonds to rescue a distressed commercial proton beam therapy cancer treatment venture in Atlanta.

Martin and Indian River counties have asked a federal judge to examine the new bond financing strategy employed by All Aboard Florida to determine the "full extent" of the proposal and its impact on their federal lawsuits.

Former Miami budget director Michael Boudreaux plans to ask a federal district court by Jan. 3 to vacate a jury’s verdict that he was guilty of securities fraud, according to his lawyer.

Louisiana State Treasurer John Kennedy handily defeated his Democratic opponent with 61% of the vote in Saturday’s runoff election, in his third attempt for a U.S. Senate seat.

Voters in Louisiana go to the polls Saturday to choose the remaining U.S. Senator in this election cycle, with the state’s treasurer, Republican John Kennedy, facing Democrat Foster Campbell.

Florida has taken advantage of favorable market conditions for more than six years capturing $2 billion in savings from refinancings, but the state's top finance official says that run is probably coming to an end.

U.S. Bank N.A., the trustee for Oconee Regional Medical Center, notified bondholders Tuesday that the Georgia hospital defaulted on its Dec. 1 principal bond payment. It is the second default this year.

North Carolina Gov. Pat McCrory called on lawmakers to hold a special session Dec. 13 to address Hurricane Matthew relief efforts. On Monday, he conceded to losing his reelection bid after challenging some balloting results.

Energy-producing states affected by two years of deterioration in natural resource prices can expect continued global headwinds to pressure revenues, according to Fitch Ratings.