Economy

A sales tax hike in Missouri to bolster transportation funding is headed to the November ballot.

Senate Environmental and Public Works Committee gave its unanimous approval to six-year bill authorizing $242 billion of federal highway funding.

President Obama pressed Congress to quickly increase spending on transportation infrastructure in a speech Wednesday at a bridge project work site.

The draft transportation bill released by a key Senate committee falls far short of funding needs by proposing only $242.4 billion for road projects over six years, administration officials and highway industry experts are warning.

The Plano City Council has approved the largest incentive package in the city's history for the North American headquarters of Toyota Motor Co.

Virgin America will move Dallas flights to Love Field from Dallas Fort Worth International Airport.

Hawaii Gov. Neil Abercrombie announced May 9 the appointment of Ford Fuchigami as interim director of the state Department of Transportation.

Miami-Dade County expects to issue $101 million of general obligation bonds in July for the publicly owned Jackson Health System.

The Missouri Highways and Transportation Commission hits the market next week with a $900 million refunding as it awaits legislative word on whether a sales tax hike to ease its funding crunch will go to voters this fall.

The draft transportation bill released late Monday night by a Senate committee calls for $242.4 billion of federal funding for highway projects over six years.

Atlanta Mayor Kasim Reed has appointed Miguel Southwell as the new general manager of Hartsfield-Jackson Atlanta International Airport.

The "Detroit Three" automakers are reportedly considering giving up to $25 million or more in a plan that would raise money for the bankrupt city's pensioners while protecting the city's prized art collection.

Lake Worth, Fla., holds a series of public meetings to discuss infrastructure improvements, some of which are expected to be financed with $60 million in bonds.

Moody's Investors Service has revised its outlook on Iowa-based St. Anthony Regional Hospital's Baa2 rating to negative.

Standard & Poor's dropped Centegra Health System in Illinois' rating by one level to BBB ahead of its nearly $200 million sale of debt through a public offering and direct bank placements.

Moody's said it may downgrade Henry Ford Health, one of Michigan's largest providers, due to continued operating performance declines and other challenges.

Lawmakers have reconciled differences in House and Senate versions of a water infrastructure bill that would authorize $8 billion of federal funding.

The Senate Environment and Public Works Committee will vote on a surface transportation reauthorization bill on May 15, committee leaders announced Thursday.

Kansas City International Airport should build a new state-of-the-art central terminal to replace its existing three, a special mayoral advisory group recommended Wednesday.

Transportation finance experts expect robust bond financing of new transportation and infrastructure projects in the near future, even though federal policy is making those investments increasingly tricky.