Economy

A grand jury is probing the Jacksonville-owned utility as well as a community-based group and a special City Council investigative committee.

Andy Byford's resignation ends a two-year run marked by innovation and controversy.

If Judy Shelton, who advocates for lower rates, wins confirmation to the Federal Reserve Board of Governors, President Trump may have his choice to replace Chairman Jerome Powell.

Gov. Henry McMaster wants to sell the state-owned utility after its nuclear project debacle; a report to lawmakers on bids for Santee Cooper has been delayed.

Whether new dedicated revenue for the MTA or its higher total debt holds more sway in the capital markets remains an open question.

The Colorado-based Tri-State Generating and Transmission Association said it would retire its coal-fired power plants within 10 years.

Rhode Island's governor is asking lawmakers to forward $269 million worth of initiatives to voters.

The Florida Supreme Court ruled that the initiative was misleading, violated state law, and shouldn’t be placed on November’s ballot.

With the phase one trade deal with China finally signed, there should be less uncertainty, which will boost the economy. But will China adhere to the pact?

The California Debt Limit Allocation Committee wants more information on the request for $600 million of private activity bond allocation.

Indian River County won’t pursue the federal litigation further, but it will proceed with a lawsuit in state court over the use of its railroad crossings.

The state prosecutor for the Jacksonville area said the probe into the city-owned utility has been turned over to the federal justice system.

Officials in the Massachusetts city insist taxpayers will not be on the hook for the planned minor-league Polar Park in the Canal District.

Transportation advocates focused on new state revenue sources that can place the cash-strapped agency on firmer financial footing.

The Municipal Securities Rulemaking Board's assets dropped by $8.5 million.

An SEC advisory committee recommended allowing investment advisers affiliated with broker-dealers to offer and sell negotiated new issue muni bonds during the order period that the dealer also participates in.

Martin Arrick, a managing director at S&P Ratings and its longtime not-for-profit healthcare group leader, will retire on Jan. 15.

The Financial Industry Regulatory Authority released its annual Risk Monitoring and Examinations Priorities letter Thursday.

American Triple I Partners named Carlton Byrd as head of capital formation and investor relations.

If regulatory agencies approve the transaction, the acquisition will expand Beaumont's hospital count to 12 and increase total revenue to $6.1 billion.