Economy

Gainesville Hospital District in North Texas is reorganizing under Chapter 9 bankruptcy with $19.7 million of general obligation bonds insured by Ambac.

A repeal of the Affordable Care Act would hamper New Jersey finances, according to state lawmakers fighting to save the landmark national healthcare program.

A 10-year infrastructure proposal from Senate Democrats would provide $1 trillion of federal funding for roads, schools, and airports.

New York MTA retired $945 million of debt from its core portfolio last year through normal amortization, said deputy finance director Olga Chernat.

New York’s Metropolitan Transportation Authority expects to issue more environmental green bonds in 2017, a finance official told board members.

A Northern California healthcare district that closed its only hospital with $57 million of certificates of participation outstanding is sorting out its obligations in bankruptcy court.

After R.J. Reynolds sold four cigarette brands to ITG Brands, Florida Attorney General Pam Bondi sued the companies saying they have refused to comply with terms of the state’s 1997 tobacco settlement deal.

Moody’s Investors Service late Friday revised its outlook to stable from negative on the Catholic Archdiocese of Chicago.

Arlington Memorial Bridge was closed to vehicles during inaugural weekend to prevent further damage to the historic span.

Airports, high-speed rail, and roads, particularly in dense metropolitan areas, could be particularly appealing targets.

The California Public Finance Authority will price $110 million in revenue bonds next week for Henry Mayo Newhall Hospital in Valencia, Calif. in the hospital’s first public market offering without the benefit of bond insurance in more than a decade.

States are expected to issue more road debt as federal transportation funding continues to stagnate.

The Bay Area Toll Authority is set to sell $450 million of bonds Jan. 26 to fund capital projects and refund outstanding debt.

Incoming Trump administration officials ask Virginia for a list of infrastructure projects with their own revenue source.

With $9 billion of transportation projects awaiting funding, Colorado Gov. John Hickenlooper is joining legislative leaders in supporting a $3.5 billion bond program for shovel-ready projects.

Tennessee Gov. Bill Haslam rolled out legislation Wednesday that would cut taxes and increase transportation funding for the first time in 28 years.

VP-elect Mike Pence promises new Trump administration will propose an infrastructure bill that would fund large projects.

With a privately owned passenger train service just months away from starting up in south Florida, opponents told a federal judge it would be inequitable to dismiss their lawsuits because of a “backroom” deal involving public financing for the project.

In its first deal of the year, the Texas Transportation Commission sees another opportunity to achieve savings with $800 million of refunding bonds.

A five-year-old Illinois law that safeguards not-for-profit hospitals’ local tax exemptions in exchange for meeting minimum charity and community care standards is before the Illinois Supreme Court.