Economy

Georgia privately placed $26 million in bonds to finance the tolling system for a start-up express lane project south of Atlanta.

Boston, Philadelphia and Baltimore typify how the 'eds and meds' presence of universities and hospitals can boost older cities' credit profiles, said Moody's.

Moody's Investors Service on Tuesday withdrew its general obligation bond rating on Tehachapi Valley Healthcare District, Calif. citing a lack of financial information for fiscal 2013, affecting $63 million in debt.

Airport credits are stabilizing after major shifts in the airline industry, Moody's Investors Service said, but smaller hub airports face challenges.

Phoenix has formed a citizens committee to plan for expansion of the city's light-rail after Mayor Greg Stanton said he wanted to triple the length of the existing system over three decades.

Moody's Investors Service has raised its outlook to positive on Seattle Cancer Alliance's outstanding bonds.

After opening its light rail line to the airport four months early, Dallas Area Rapid Transit officials are pressing on with bond-financed rail development.

Mileage-based fees may one day replace the gasoline tax as the prime source for federal transportation funding, but it won't be quick and it won't be easy.

Running four months ahead of schedule on the light-rail connection to Dallas-Fort Worth International Airport that opened Monday, Dallas Area Rapid Transit leaders are taking no time to catch their breath after five years of intensive bond-financed development.

The felony indictment of Texas Gov. Rick Perry covers actions he took against the Travis County District Attorney's office while its investigators looked into grants to his campaign contributors from a $3 billion cancer research bond fund.

Unable to recover from its financial woes, the Doctors Medical Center in Contra Costa County is being pressured to close or significantly downsize, which could impose a financial burden on the county, according to Moody's Investors Service.

Illinois-based OSF Healthcare System's A3 rating is stabilizing due to recent operating improvements after a tough 2013, Moody's Investors Service said.

Despite strong investment gains and other improvements, a persistent underlying weakness remained the underlying theme for the non profit health care sector in 2013, according to Standard & Poor's.

Pennsylvania's Transportation Commission will submit an updated 12-year, $63.2 billion transportation program to federal officials, said Gov. Tom Corbett.

Texas' largest county issued $196 million of road bonds with top ratings drawing strong demand from institutional investors.

Hospitals in the 24 states that have opted against expanding Medicaid under federal healthcare reform stand to lose out on $168 billion over 10 years while states will lose out on more than $400 billion, a new report from the Urban Institute concludes.

Congress delayed, but did not fix, a $100 billion hole in federal transportation spending with the enactment last Friday of legislation providing $10.8 billion to extend solvency of the rapidly shrinking Highway Trust Fund by 10 months.

The 114-mile stretch of California's high speed rail project from Fresno to Bakersfield received approval from a federal railway oversight board on Tuesday.

A strike or work slowdown at U.S. West Coast ports could result in the loss of billions of dollars to the U.S. economy if goods are diverted to non-U.S. ports, a Fitch Ratings report said.

A federal appeals court dismissed a lawsuit over the massive $2.6 billion Ohio River Bridges Project being built by Kentucky and Indiana.