Economy

Oregon must invest more in its transportation needs or face bigger bills down the road, Oregon DOT says.

The Colorado Aeronautical Board will provide only $3 million in airport grants in 2015, a fifth of the amount originally planned, officials said.

The Texas Transportation Commission plans to start 2015 with a $1.6 billion refunding of most of the debt issued for the Central Texas Turnpike System.

The U.S. Department of Housing and Urban Development is seeking a buyer for the Lakeway Regional Medical Center after the Austin area hospital defaulted on a $164 million HUD-guaranteed mortgage.

Moody's Investors Service Monday revised its outlook to stable from negative on two Illinois-based health systems in recognition of the benefits of their year-old move to join forces.

Moody's Investors Service has revised Wisconsin-based ProHealth Care Inc.'s outlook to negative after several years of softening operating results.

The Port Authority of New York and New Jersey is exploring alternatives to improve freight transportation across Manhattan waters and whatever plan is selected could impact future toll revenues in the region.

Pennsylvania is seeking qualified companies to join a public-private partnership to fund and operate transit bus natural gas-fueling facilities.

New York's Metropolitan Transportation Authority should recraft its business model, a commission appointed by Gov. Andrew Cuomo said in a long-awaited report.

Upgrading regional freight infrastructure would provide economic benefits, according to report from Brookings and JPMorgan Chase.

Illinois-based Advocate Health Care Network is planning a refunding in the coming weeks of up to $365 million.

The Illinois State Toll Highway Authority returns to the market Tuesday with a $270 million senior lien revenue bond sale for savings.

Puerto Rico's governor said today that unless oil tax increases pass in the next few days, he would order San Juan's public transit closed on Dec. 1.

Loma Linda University Medical Center had its outlook lowered to negative by Fitch Ratings, which cited a higher-than-expected debt burden and a pressured financial profile.

At least two northwest Indiana counties put together a preliminary bid on the bankrupt Indiana Toll Road that's expected to be at least $4 billion, while three other counties opted out of the proposal.

Denver International Airport's South Terminal hotel will cost no more than $600 million after a series of overruns ballooned the budget beyond its original $500 million, DIA chief executive Kim Day told the City Audit Committee on Nov. 20.

Miami-Dade County plans to price $750 million of revenue bonds to refund bonds issued for capital improvements at Miami International Airport.

The University of Arkansas Board of Regents will look for savings with a $90 million refunding of bonds issued in 2006 for the medical school.

Texas Children's Hospital plans to add a 19-story tower to its Texas Medical Center campus in Houston as part of a $475 million expansion plan.

Northern Virginia Transportation Authority will sell $69 million of revenue bonds to finance regional transportation infrastructure.