Economy

An ruling from a Superior Court judge during a hearing scheduled for Oct. 31 could bring the end to a lawsuit brought by Ontario, California seeking the return of its local airport from the control of Los Angeles.

A proposed $3 billion rapid passenger rail system in the Midwest would cut the five-hour train trip between Chicago to Detroit by almost two hours.

The operator of the Indiana Toll Road won federal court approval for a bankruptcy plan that will either sell its 75-year lease of the highway or restructure the company with $2.75 billion of new debt.

New York's Metropolitan Transportation Authority will look to keep biennial fare increases to the 4% inflation rate, said chairman Thomas Prendergast.

Key players will discuss the design and construction of the $1.4 billion Fulton Center megaproject in Brooklyn, N.Y., on Oct. 29.

The Illinois State Toll Highway Authority will returns to the market Thursday to borrow $400 million of new-money, toll-backed debt to kick off record infrastructure spending planned in the coming year.

Ineffective safety management was common to five Metro-North Railroad accidents over 11 months, including a train collision last December that killed four persons.

Wisconsin's Mercy Health System and Illinois' Rockford Health System plan to join forces as soon as December pending regulatory approval.

Infrastructure upgrades would expand the economy and make the U.S. more resistant to climate change, a labor-environmental group says.

Floating-rate notes enable New York's MTA to take advantage of the short part of the yield curve, finance director Patrick McCoy said.

An overwhelming majority of Texans seem ready to approve a ballot measure moving $1.7 billion/ year into the state road fund.

Moody's Investors Service changed its outlook on the Baa2 rated Albert Einstein Healthcare Network to negative from stable.

Standard & Poor's on Friday announced that it would take no rating action on Texas Health Resources as two nurses who contracted Ebola from a patient at its Presbyterian Dallas hospital were declared cured.

Local government groups tell Congress they want a bigger share of road funding in the next multi-year federal highway bill.

As New York MTA scurries to fund its capital plan, transit advocates debate whether governance is a funding and planning impediment.

Good Shepherd Medical Center faces another possible downgrade on its junk-bond rating from Moody's Investors Service after missing a deadline to sell assets, analysts warned.

Maryland voters will decide whether to constitutionally prohibit lawmakers from diverting transportation-dedicated tax revenues to other purposes.

Charges were dropped against one person after former Orlando-Orange County Expressway Authority board member Scott Batterson gets prison.

Fitch Ratings has upgraded the ratings on debt issued for the Sky Lakes Medical Center in Oregon to A-minus from BBB-plus.

A new train station in downtown Dallas may be the northern terminal of a 240-mile privately financed high-speed rail line to Houston.