Economy

House Democrats and a conservation think tank line up to oppose a transportation appropriations bill that freezes highway funding.

The Southern California Logistics Airport Authority's already junk-rated bonds are on review for another downgrade by Moody's Investors Service.

Minnesota’s HealthEast Care System will make a rare appearance in the market this week with a debt restructuring aimed at strengthening its balance sheet.

A Florida attorney who says his property will be devalued by a private passenger train wants to intervene in a federal lawsuit challenging tax-exempt financing for the project.

Maryland wants to investigate the feasibility of a magnetic levitation train between Baltimore and Washington.

The Texas Transportation Commission will bring $800 million of refunding bonds to market in its first issue since the Legislature approved a record funding increase for highway projects.

Indiana will continue to suspend all work and contracts tied to the $1.5 billion Illiana Corridor toll road until the fate of the controversial project becomes clear in cash-strapped Illinois.

Moody’s Investors Services raised the San Francisco County Transportation Authority’s issuer rating to Aa1 from Aa2.

Virginia will decide in November whether to proceed with $3 billion toll lane project as P3 or use conventional financing.

Massachusetts Gov. Charlie Baker announced a five-year, $82.7 million resiliency plan for the MBTA after a winter that paralyzed the transit system.

The Florida Development Finance Corp. postponed a June 10 meeting that was scheduled to consider the bond resolution for All Aboard Florida’s $1.75 billion of private activity bonds.

Strapped for cash, the Missouri Highways and Transportation Commission is looking to private industry, entrepreneurs, and innovators to come up with ideas to upgrade a stretch of its historic Interstate 70.

Moody's Investors Service pushed a small Ohio hospital deep into junk territory amid a variable-rate debt-driven liquidity crisis and after a proposed merger with the state's largest provider fell through.

Los Angeles Mayor Eric Garcetti tapped Oakland International Airport’s director, Deborah Ale Flint, to head Los Angeles World Airports.

Miami-Dade County hired Kroll Bond Rating Agency, believing its analysis can help attract investors to next week's $534 million bond issue for Miami International Airport.

Two weeks after El Paso Children’s Hospital filed for bankruptcy, the county hospital district that issued $120 million of bonds filed a voluntary disclosure of the filing on the Municipal Securities Rulemaking Board’s EMMA Web site.

The continuing series of short-term road funding fixes is harming small businesses, owners and advocates say.

With more than one-third of New York's bridges listed in need of repair, U.S. Sen. Kirsten Gillibrand,D-N.Y., is proposing a bill that would allow states the authority to use more federal funds for local bridge improvement projects.

Moody's says that hospitals in Medicaid expansion states saw big drops in bad debt and that furthermore, providers across the entire sector saw improved financials in fiscal 2014.

The Port Authority of New York and New Jersey has launched a dashboard on its website providing quarterly updates on all active capital projects.