Economy

President Obama sent to Congress a $302 billion, four-year surface transportation funding bill that ends the prohibition on tolling existing interstate highways.

A new credit issued by New York's Metropolitan Transportation Authority secured by payroll mobility tax revenues should be its highest rated, according to finance director Patrick McCoy.

Atlanta hopes a new financial incentive program will stimulate international air cargo and passenger growth at Hartsfield-Jackson Atlanta International Airport.

New York's MTA board is weighing an $11 million addition to its $429 million contract with Bombardier and Siemens for train controls that would inhibit speeding.

With more than $6 billion invested in airport rail links, cities in the Southwest envision a new way of doing business.

The Alaska Legislature adjourned Friday after passing a revised version of the Knik Arm Bridge bill which would transfer control of the $900 million project to the State Department of Revenue.

Wells Fargo links limited supply of transportation infrastructure bonds to uncertainty over federal funding.

New York's MTA expects its tentative five-year deal with Transport Workers Union Local 100 to cost $525 million, according to an authority document.

Chicago announced Friday that the CTA has secured a $79 million transportation Infrastructure Finance and Innovation Act loan to help fund a new $240 million 95th Street Terminal on a Chicago Transit Authority light-rail line.

The North Carolina Department of Transportation has named David Tyeryar as the agency's new chief financial officer.

Palo Alto, Calif.-based Lucile Salter Packard Children's Hospital received Double A ratings from the three top rating agencies ahead of plans Monday to price $100 million in fixed-rate revenue bonds and $100 million of unrated, private placement, variable rate bonds.

Metropolitan Washington Airports Authority accepted the first segment of the $5.7 billion Silver Line train extension to Dulles Airport from the contractor.

Lack of congressional action to replenish the dwindling Highway Trust Fund means aging bridges will continue to deteriorate.

Officials at Ohio-based Promedica Health System Inc. said they would go to the U.S. Supreme Court if necessary after a federal appeals court ruled a merger with another local provider would be anticompetitive.

Alaska's $900 million project to build a bridge over the Knik Arm of the Cook Inlet is a step closer to construction as the new funding plan makes its way through the state legislature.

A consortium led by Sweden's Skanska Infrastructure Development will negotiate a P3 contract to build Florida's massive "Ultimate Interstate 4" project.

The growing Tampa Bay area on Florida's mid-west coast plans to ease severe traffic congestion with major transit upgrades, including new light-rail systems.

Airports may someday face competition from high-speed rail, but that's not a sure thing yet, Kroll Bond Rating Agency said in a new report on rating methodology for general airport revenue bonds.

Researchers at three universities are looking into the development and future vision for high-speed rail in the United States.

St. Louis-based SSM Health Care heads into the market Wednesday with a $260 million sale that represents one piece of a roughly $1 billion debt restructuring aimed at streamlining and trimming the system's annual interest costs.