Economy

The Port Authority of New York and New Jersey has begun a request for proposals process for a train connection to LaGuardia Airport.

Michigan Gov. Rick Snyder has formed a task force charged with recommending how to tackle local governments’ unfunded retirement obligations.

California Republicans have asked the Trump administration to block federal aid to the state's high speed rail project.

Projects in South Carolina’s $5 billion infrastructure request includes interstate highway upgrades and harbor dredging.

DALLAS – President Trump’s infrastructure proposal’s reliance on public-private partnerships to rebuild America’s crumbling highways would provide limited benefits to urban areas while leaving rural states out of the mix, according to a coalition of truckers and shippers opposed to tolls on interstate highways.

In a critical year for the Texas health-care industry, the state's leaders have indicated no interest in tapping the state's growing rainy day fund to cover $1.2 billion in Medicaid underfunding.

Sen. Deb Fischer, R-Neb., introduces bill to obtain revenues for the Highway Trust Fund and New Democrat Coalition forms infrastructure task force.

Lakeland Regional Health and Orlando Health disclosed to bondholders on EMMA that they have signed a letter of intent to create an integrated regional health care system.

Tennessee House GOP leaders are at odds with Republican Gov. Bill Haslam over road funding proposals.

North Carolina’s $38 billion of unfunded pension and retiree healthcare costs led a key committee to advise raising the state’s debt capacity and increasing annual funding to address the liabilities.

President Trump’s promise of infrastructure action in first 100 days slipping away, experts say.

Darryl Irick is acting president of the MTA's New York City Transit unit, interim executive director Ronnie Hakim announced.

A federal court should dismiss two lawsuits challenging bond financing for the All Aboard Florida train project because the new administration will review future private-activity bond applications, court filings said.

Business executives tell House panel there are many avenues to increase infrastructure funding.

The Delaware River Joint Toll Bridge Commission has approved a $475 million bond issuance for a planned replacement of the 57-year old Scudder Falls Bridge that links New Jersey and Pennsylvania.

Underwriters interested in working on nearly $1 billion of planned borrowing by the Illinois State Toll Highway Authority over the next three years have until Friday to apply.

Participants in last year's historic $2.4 billion public-private partnership to fund a $4 billion development of New York City's LaGuardia Airport hope the unique deal fuels similar bond transactions at other U.S. airports.

Louisiana may rely on a P3 to finance the widening and other upgrades to Interstate 10 in Baton Rouge.

The sale of bankrupt Hanjin Shipping’s majority stake in a terminal operator that represented 30% of Port of Long Beach’s revenues in 2015 is a credit positive for the port.

Veronique “Ronnie” Hakim will be the interim executive director of New York’s MTA and Fernando Ferrer its interim chairman, said Gov. Andrew Cuomo.