Southeast

The Atlanta Streetcar is conducting a national search for an executive director, and has named former AECOM/URS Corp. transit manager Keith Jones as interim director.

Hillview, Ky.'s bankruptcy filing offers more evidence that municipalities increasingly consider filing for reorganization as a way to cure balance-sheet problems, according to Moody's Investors Service.

West Jefferson Medical Center, La.'s bond ratings were cut three notches to Ba2 due to a "precipitous" downturn in operating performance, Moody's Investors Service said.

North Carolina legislators hope that third time is a charm after passing yet another continuing resolution to keep state government running through Sept. 18.

The National Association of Bond Lawyers has updated its bankruptcy guide for members with new information drawn from the relatively high number of municipal bankruptcy filings in the last few years.

Virginia Gov. Terry McAuliffe told a legislative panel that a "reversal in fortune" positioned state revenues to outpace forecasts by substantial sums.

Hillview, Ky., filed for bankruptcy to stop interest accruing on an $11.4 million adverse judgment and will pay its $3.2 million of bond debt, said City Attorney Tammy Baker.

The oil and gas industry is pressing Congress to permit exports of crude as prices remain at the lowest since the 2008 global financial crisis. The campaign comes as Houston and other energy dependent credits face growing pain from the falling prices, according to Fitch Ratings.

A Kentucky conduit is issuing $230 million of bonds this week to provide financing for a public-private partnership building a statewide high-speed Internet system.

Virginia's proposed $2.1 billion project to reduce congestion on Interstate 66 can go ahead as a public-private partnership.