Southeast

Fitch Ratings Tuesday downgraded to A-plus from AA-minus the water and sewer bonds issued by Fort Myers.

Mobile is continuing to search for a new cruise ship to replace the Carnival Elation.

BRADENTON, Fla. - The North Carolina Turnpike Authority expects to move forward as soon as possible with the remainder of the financing for its second toll road following Tuesday's final judgment in a federal case that stalled the project for nearly a year.

BRADENTON, Fla. - The Orlando-Orange County Expressway Authority is under fire from Orange County Mayor Teresa Jacobs for what she describes as an aggressive financing structure that backfired.

BRADENTON, Fla. - Memphis is exploring its legal options, including a lawsuit, against the National Basketball Association's Memphis Grizzlies if the NBA's lockout develops into a full-season loss.

BRADENTON, Fla. - After just over a year on the job, Joya De Foor is no longer Atlanta's chief financial officer.

BRADENTON, Fla. - The Jefferson County sewer default saga isn't over, even after county commissioners announced a settlement agreement last month with creditors who hold more than $3 billion in defaulted sewer warrants.

Moody's Investors Service dropped the Orlando-Orange County Expressway Authority one notch to A2 on Tuesday, citing a lighter traffic outlook, reduced revenue support from the state, and deep exposure to variable-rate debt and swaps.

Gov. Bob McDonnell said Virginia posted a 3.9% revenue increase in September, making it the 18th month out of the last 19 in which revenue exceeded the previous year’s collections.

More than 60% of voters in Raleigh, N.C., last week approved the issuance of $56 million of general obligation bonds in two referendums.