Economy

Standard & Poor's on Jan. 8 raised to investment grade the underlying rating of Citrus Valley Health Partners' certificates of participation and gave the COPs a positive outlook.

A coalition representing Detroit retirees sued in federal court to block the city from implementing health care changes that would shift older employees to Medicare and younger ones to the state-based health care exchange.

Colorado Gov. John Hickenlooper called for more public-private partnerships for water and transportation in his state-of-the-state address Jan. 9.

Howard Permut will retire as president of Metro-North Railroad, New York's MTA announced, and be replaced by Joseph Giulietti.

A bill abolishing the Orlando-Orange County Expressway Authority and replacing it with a regional the toll-road agency cleared a Florida Senate Committee.

Maryland has selected four international construction consortiums to submit proposals to build, maintain and operate the proposed $2.2 billion Purple Line light-rail system that would connect Montgomery and Prince Georges Counties.

New York Gov. Andrew Cuomo announced several expensive infrastructure projects that may involve bonding in his annual state of the state address.

Metro-North would add four stations in the Bronx and provide direct access to Penn Station under a plan Gov. Andrew Cuomo endorsed in his State of the State speech.

Central Florida's Orlando-Orange County Expressway Authority selected state Rep. Steve Precourt, R-Orlando, to be the agency's new director.

U.S. Transportation Secretary Anthony Foxx lent his support to Texas' high-speed-rail plans at the annual Texas Transportation Forum.

Lawmakers next Tuesday will begin considering reauthorizing the federal surface transportation funding program at a hearing held by the House Transportation and Infrastructure Committee.

Texas Department of Transportation chief financial officer James Bass will become interim executive director with the departure of Phil Wilson.

Catholic Health Initiatives' plan to invest $1 billion in Texas healthcare includes a new hospital.

The University of Chicago was among six institutions to which the not-for-profit Ludwig Cancer Research organization awarded $540 million grants to fund cancer research.

Moody's Investors Service revised the outlook on Illinois-based Memorial Health System's A1 rating to negative from stable ahead of its sale of $60 million of revenue bonds.

The University of Texas System will open the new year with $240 million of top-rated Permanent University Fund bonds to refund commercial paper.

Grand Junction Regional Airport Authority chairman Denny Granum resigned from the board amid an FBI investigation of fraud.

U.S. port infrastructure projects may get some breathing room as another delay looms for Panama Canal expansion.

Louisville, Ky., holds public workshops Jan. 13-17 for its strategic multi-model transportation planning effort known as "Move Louisville."

More public transit options do not reduce highway congestion and fewer options do not make it worse, according to an analysis by Reason Foundation.