Economy

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.

Moody's Investors Service upgraded Cooper Health System, N.J., bonds, issued through the Camden County Improvement Authority, to Baa2 from Baa3.

A recently announced increase in state-run health insurance rates is a positive for California's non-profit hospitals, according to a report from Fitch Ratings.

Michigan is selling $266 million of state trunk line refunding bonds on Wednesday, hoping to see savings of nearly 8% on the original debt.

President Obama signed a 10-month, $11 billion bailout of Highway Trust Fund that ensures federal reimbursements continue to state transportation projects.

Halifax Hospital Medical Center in Florida will pay $11.9 million on top of $85 million to settle claims made by the federal government and a whistleblower.

Six major Wisconsin health care systems are forming a partnership aimed at lowering costs and improving care.

Illinois will host a forum next month to meet with developers, air carriers and potential tenants as the state seeks to advance plans for a public private partnership to develop the South Suburban Airport.

A federal appellate panel Thursday ruled that North Carolina’s plan to replace the 50-year-old Bonner Bridge must be reconsidered by a lower court.

Transportation Secretary Anthony Foxx is urging voters to press lawmakers for a long-term solution to federal highway funding before the end of 2014, but industry experts don't expect Congress to take action until spring 2015 at the earliest.

Orange County Transportation Authority, Calif., received a two-notch ratings bump on its senior lien toll road revenue bonds to AA-minus from Standard & Poor's on Tuesday.