Economy

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.

The 32-bed Trinity Regional Hospital Sachse opened in 2021 and was funded through municipal bonds sold through the Wisconsin-based Public Finance Authority.

Mohamed Balla, Atlanta's CFO, talks about housing bonds and his participation in the recent National Association of Security Professionals' annual conference. Thomas Nocera hosts. (22 minutes)

The state's transportation secretary credited funding from a 2017 gas tax increase for enabling it to clear up a backlog of transportation projects.

The state government says community hospitals will be awarded a combined total of close to $300 million of assistance. 

The Uinta Basin Railway, which aims to transport crude oil, is eying up to $2 billion in private-activity bond authorization.

"The improved rating outlooks are critical for the Power Authority to ensure that we can continue leveraging the capital markets," said NYPA President and CEO Justin E. Driscoll.

Healthcare and transportation had the biggest contraction in issuance volume.

Nashville Senior Care, LLC's Chapter 11 filing impacts bonds sold through conduit issuers in Florida, Ohio and Tennessee.

The board named Jamie Asbury, the district's energy manager, to the top slot after an eight-month search.

Another day of mixed inflation data led Treasury yields to rise but munis mostly stayed put after underperforming a UST rally earlier in the week. The market is also focused on the $9 billion of redemption flows coming on Tuesday.

Three utility entities associated with the development of nuclear energy in Georgia have received better rating outlooks from S&P Global Ratings.

Not-for-profit community hospitals are drawing scrutiny for questionable business practices.

William Glasgall of the Volcker Alliance talks about the future of mass transportation across the U.S. as federal pandemic aid nears an end. Thomas Nocera hosts. (21 minutes)