Economy

Sen. Barbara Boxer, D-Calif., has announced that she will introduce a multiyear transportation reauthorization bill on Thursday.

Indiana and Illinois have finalized a bi-state development pact for the proposed Illiana Corridor toll road that commits the two states to a combined funding contribution of up to $350 million.

Miami-Dade County plans to lower borrowing costs for improvements at PortMiami by issuing $208 million of bonds in variable rate mode this week.

San Francisco is proposing a $500 million general obligation bond as part of a $1.5 billion transportation package for the November ballot.

A western Oklahoma hospital that has struggled to hire doctors falls another notch below investment grade on the Fitch Ratings scale.

State University of New York broke off talks Monday with Brooklyn Health Partners, the high bidder to buy money-losing Long Island College Hospital.

Sen. Barbara Boxer said the Senate Environment and Public Works Committee will begin work next week on a transportation bill that keeps spending at current levels plus inflation.

Standard & Poor's revised its outlook on Mayo Clinic's AA rating to stable from negative due to its improved operating results.

An Austin transportation coalition proposes a $1.4 billion urban rail line that could appear on the November ballot after years of study.

Former U.S. Representative James Oberstar died at age 79 Saturday, silencing one of Washington's most outspoken advocates of increased transportation and infrastructure investment.

The gas tax would need to be raised to 31 cents from the current 18.3 cents per gallon in 2015 and increased thereafter in order for the Highway Trust Fund to keep up with projected transportation funding needs, without new revenue sources, Fitch Ratings said in a report released Monday.

Madison-based University of Wisconsin Health and Illinois-based SwedishAmerican Health System announced plans to merge.

Cost overruns at the overdue South Terminal at Denver International Airport pose "significant budget risk," according to Denver Auditor Dennis Gallagher.

State transportation departments face a $47 billion cut in federal funding in fiscal 2015 if Congress fails to shore up the Highway Trust Fund.

A federal decision is a credit positive for New York's nonprofit hospitals, said Moody's Investors Service.

S&P cut the ratings on the bonds of Tuomey Healthcare System in South Carolina two notches, to CC from CCC, citing the hospital's plan to file for bankruptcy if it fails to prevail in a federal lawsuit.

The Illinois State Toll Highway Authority plans to sell $450 million of new money revenue bonds on Wednesday for projects in its ongoing $12 billion, 15-year capital program.

Florida lawmakers unanimously passed Senate Bill 230 to create a new regional toll road agency, and abolish the embattled Orlando-Orange County Expressway Authority, which has $2.6 billion of debt.

Junk-rated Citrus Memorial Hospital in Florida continues to see financials decline and its ratings drop further into junk territory while its bonds continue to trade near par.

Approval of a $1.9 billion federal transportation loan for the $5.7 billion Silver Line rail extension to Washington's Dulles Airport is the largest ever awarded.