Economy

Georgia expects to save $421 million reconstructing a critical intersection in Atlanta by entering into a public-private partnership with North Perimeter Contractors.

The Port Authority of New York and New Jersey has approved a $7.9 billion spending plan for 2016 that includes $1.2 billion for debt service.

The Port Authority of New York and New Jersey has agreed to partner with the federal government in advancing plans for a planned new Gateway Tunnel rail project connecting New Jersey to Manhattan

The Massachusetts Bay Transportation Authority on Thursday terminated some contracts related to its 4.5-mile expansion of its Green Line light rail system north of Boston.

Four potential private partners have submitted financial proposals for Maryland’s $2.16 billion Purple Line light-rail project.

A provision in the new transportation funding law that lifts the ban on using tax-exempt bonds in conjunction with federal loans will result in lower borrowing costs for water utilities, Fitch Ratings said on Thursday.

SwedishAmerican Hospital in Rockford, Ill. won an upgrade from Standard & Poor's and also received a positive outlook thanks to its nearly year-old affiliation with a stronger system.

Indiana will spend $70 million to expand lanes on a well-traveled stretch of Interstate 65 under a plan announced by Gov. Mike Pence.

Virginia Transportation Secretary Aubrey Layne opts for P3 financing of a $2.1 billion system of tolled express lanes.

Philadelphia International Airport COO Chellie Cameron has been tapped by Mayor-elect Jim Kenney to be the airport’s new CEO.

The Port of Seattle Commission has approved a $408.4 million budget for 2016 that includes extensive infrastructure investments as part of a more than $2 billion capital improvement plan.

Credit agencies say the new $305 billion FAST Act funding law is credit positive for state road and transit debt secured by federal transportation grants.

Key portions of a lawsuit filed by a group of Chicago retirees to block the city’s attempt to phase out their healthcare subsidies can proceed, a state court judge ruled.

Standard & Poor's raised St. Louis’s parking revenue bonds by one notch as the credit profile received a boost from a recent rate increase.

The five-year federal transportation funding act and state initiatives will boost infrastructure construction next year, ARTBA said.

California Attorney General Kamala Harris approved a management agreement for the Daughters of Charity Health System saying it would stave off bankruptcy and maintain services at the hospital chain.

Improving operating margins helped win Missouri-based Mercy Health a stable outlook from Moody's Investors Service.

New York’s MTA says it has substantially completed two significant contracts on East Side Access, the megaproject intended to bring LIRR service to Grand Central Terminal.

President Obama signed a five-year, $305 billion transportation funding bill on Friday.

Connecticut Gov. Dannel Malloy announced an agreement with Amtrak to complete Hartford line commuter rail service between New Haven and Springfield.