Economy

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.

The Utah Transit Authority is privately placing $144 million of subordinate sales tax revenue bonds to reduce variable-rate exposure.

Standard & Poor's has revised its outlook on Rush University Medical Center Obligated Group’s A rating to positive from stable.

Moody's revised the outlook on the Orlando-Orange County Expressway Authority, Fla., to stable as it prepares a work plan and faces potential governance changes.

Standard & Poor's downgraded Daughters of Charity Health System, Calif. by six notches to junk level B-minus following the system's earlier announcement that it is looking for buyers for its hospitals.

The Highway Trust Fund will not be able to meet obligations for highway and transit projects in fiscal 2015 under President Obama's proposed budget, the Congressional Budget Office is warning.

Atlanta Mayor Kasim Reed plans to name Atlanta International Airport's new manager in the next two weeks after interviewing three candidates.

A plan to reduce congestion in Austin's fast-growing northern suburbs is expected to cost $164 million, says a local government coalition called Project Connect.

Memorial Hermann Health System, one of Houston's pioneering health care providers, plans a $650 million expansion at its Texas Medical City campus.

New York's MTA and Transit Workers Union 100 reached a tentative five-year labor agreement, Gov. Andrew Cuomo announced.

Metropolitan Washington Airport Authority will complete funding of a rail line to Dulles International Airport with May's negotiated sale of $450 million of toll revenue bonds.

The Government Development Bank of Puerto Rico has posted its auditor's report on fiscal 2013 showing the GDB's exposure to the Puerto Rico Highways and Transportation Authority.

New York's MTA awarded two contracts valued at $628 million to East Side Access contractors who will wall more than 10,000 linear feet of newly excavated tunnels and install communications systems.