Economy

CEO Andrew Smith says authority is taking steps toward settling its outstanding debt.

The district plans an aggressive capital program in the next few years to meet rising demand and transition away from coal-fired plants.

Bond Buyer Senior Reporter Caitlin Devitt joins Bond Buyer Executive Editor Kyle Glazier to discuss the looming government shutdown and the progress of the historic bipartisan infrastructure law two years after its passage. (16 minutes)

Rai joins Wells as senior strategist after he was let go by Citi in June.

A referendum for up to $350 million of general obligation bonds for a terminal project will appear on the Nov. 7 ballot.

Although the strike shouldn't "have significant adverse revenue consequences for Michigan or its local governments, it nevertheless highlights longer-term challenges for a state that is still disproportionately exposed to the domestic auto and auto parts industries," Moody's says.

With the Federal Open Market Committee expected to skip an interest rate hike, all eyes turn to the Summary of Economic Projections and Chair Powell's remarks.

The authority approved $1.3 billion in conduit financings at its meeting Tuesday.

"Patrick has an excellent ability for not only understanding the complexities of the healthcare sector but connecting with our customers and telling the credit story in a way that provides meaningful and value-driven analysis to the market," said S&P Senior Director Stephen Infranco.

Labor costs and inflation weigh on hospitals, but improvement may be on the horizon.

Ahead of The Bond Buyer's Infrastructure Conference in Chicago this week, Carlos Braceras, Utah's transportation secretary, talks with Caitlin Devitt about overseeing the largest transportation program in the state's history. He discusses the projects and challenges that go along with creating safe and efficient transportation infrastructure for the fastest-growing state in the union. (33 minutes).

Mainers will be asked in November if they want to create a public utility to buy out operations of investor-owned Central Maine Power and Versant Power.

Utilities have faced lawsuits following wildfires for their perceived role in the destruction.

The Des Moines Airport Authority wants to take advantage of Polk County's triple-A ratings to lower borrowing costs for a terminal project.

State Treasurer Elizabeth Maher Muoio said lower-than-predicted fuel use in fiscal 2023 meant a 0.9-cent lift to the Petroleum Products Gross Receipt tax rate.

Eskaton, a northern California-based not-for-profit, is spinning off the trio of healthcare facilities to stem fiscal bleeding, and focus on its strengths in the senior-living sector.

Trinity Regional Hospital Sachse filed for Chapter 11 bankruptcy after problems left it unable to pay municipal bond debt service or cover operating expenses.

The North Alabama operator priced $190 million of revenue bonds Aug. 29 to support among other things the purchase of an orthopedic physicians' practice.

Nonprofit PeaceHealth wants to close the hospital in the city that hosts the University of Oregon and consolidate it with a facility in a neighboring town.

Moves to reschedule marijuana down to a Schedule III drug would lower taxes local cannabis businesses pay.