Economy

The chief financial officer of Ohio State University, who helped craft the university's first-of-its-kind lease of its parking system, is leaving the university to take a job at the Australian company that is leasing the parking system.

Texas Gov. Greg Abbott named Tyron Lewis chair of the Texas Transportation Commission, the state's largest issuer of debt, replacing Ted Houghton.

Airport capital needs will total $75.7 billion through 2019 to keep pace with increases in passenger and cargo loads.

Boosted by a rating upgrade, the University of Kentucky plans to competitively issue $281.7 million in new and refunding bonds Tuesday for the UK HealthCare system.

Indian River County, Fla., plans to file a federal lawsuit challenging the U.S. Department of Transportation's private activity bond allocation for the All Aboard Florida passenger train project.

California's Foothill/Eastern Transportation Corridor Agency failed again to get approvals from a water board needed to move ahead on a five-mile extension of one of its toll roads.

State and local officials see chaos ahead for highway funding if Congress doesn't quickly pass a long-term transportation bill.

Silver Cross Hospital and Medical Center leads a pack of borrowers slated to come to market through the Illinois Finance Authority this spring.

The Arizona Department of Transportation can begin acquiring right-of-way for the 22-mile-long Loop 202 South Mountain Freeway after the Federal Highway Administration issued its record of decision approving the project.

The Greater Cleveland Regional Transit Authority is coming to market Tuesday with $51 million of transportation bonds backed by a countywide sales tax.

Phillip Washington, chief executive of the Regional Transportation District in Denver, was named to head the Los Angeles County Metropolitan Transportation Authority.

Gov. Charlie Baker has filed legislation to allocate $200 million in funds to Massachusetts cities and towns for local transportation infrastructure improvements.

The Highway Trust Fund will be insolvent this summer without new revenues to bolster gas tax collections, CBO says in new analysis.

On the final day of the legislative session, Utah lawmakers passed a bill that raises the state fuel tax for the first time since 1997.

The California Supreme Court will review appellate court ruling that San Diego Association of Government's 40-year transportation did not meet environmental laws.

The Central Florida Expressway Authority will close on a $193.7 million TIFIA loan March 25 as part of the financing for the Wekiva Parkway.

Standard & Poor’s raised Wisconsin-based Bellin Health’s rating by one level to A-plus ahead of its upcoming $45 million refunding issue.

A higher federal gasoline tax offset by an income tax rebate could unsnarl the revenue gridlock in Congress blocking a multiyear highway bill, ARTBA says.

Renown Regional Medical Center, a Reno, Nev. hospital, received a one-notch rating upgrade to A from A-minus based on its improved financial profile and changes Standard & Poor's made to the way it rates stand-alone hospitals.

An Australian fund manager’s $5.72 billion bid for the 75-year lease of the Indiana Toll Road bodes well for the P3 sector and suggests rising interest among pensions in investing in American infrastructure.