Economy

New York's MTA, envisioning "significant revenue" for its capital program, plans to vacate its midtown Manhattan headquarters by the end of 2014.

Fearing sketchy revenue projections, Gov. Deval Patrick has threatened to veto a transportation spending bill that cleared the Massachusetts legislature.

The Senate voted a unanimous 100-0 Thursday to confirm Charlotte, N.C., Mayor Anthony Foxx as the new U.S. Secretary of Transportation.

Public-private partnership, a financing model that has started to spread across the U.S., may face some challenges as Congress debates limits on the federal role in infrastructure, according to Simon Santiago, leader of Nossaman LLP's east coast infrastructure practice.

Operators of an Orange County, Calif. tollway continue to face battles in efforts to move forward on extension plans.

The Gary/Chicago International Airport Authority is on a fast-track to privatize the airport and surrounding land to help revitalize the struggling city of Gary and position the facility as Chicago's third regional airport.

Massachusetts legislative leaders compromised on a transportation bill that would generate $500 million through cigarette and gas tax hikes, and some turnpike toll restoration.

The Texas Legislature ran out of time to approve $900 million for transportation as a special session ended with a dramatic debate over abortion.

The American Road and Transportation Builders Alliance will focus on a potentially trend-setting challenge to a prominent Virginia public-private partnership at the group's annual conference July 24-26.

Former President Bill Clinton strongly urged Washington Tuesday to pass a national infrastructure bank bill and encouraged state and local governments to embrace more public-private partnerships.

Raleigh, N.C., on Monday selected transportation projects that will be funded in anticipation of voters approving a $75 million bond referendum in October.

Illinois Gov. Pat Quinn and Indiana Gov. Mike Pence opened a forum aimed at luring private contractor and investment interest in a proposed $1.3 billion expressway linking the two states.

Standard & Poor's issued a AA-plus rating to St. Louis Metro transit system's new, combined sales tax lien ahead of a planned $375 million refunding.

The Puerto Rico Senate passed a budget addressing revenue needs for the Puerto Rico Highways and Transportation Authority.

University Hospitals, one of Cleveland's largest systems, wants to acquire nearby EMH Healthcare.

Australian infrastructure giant Transurban will concede the 8.8-mile Pocahontas Parkway toll road in southeast Virginia back to its lenders because the road failed to live up to its revenue projections.

Publicly funded Denver Health and Hospital Authority is running a $1 million deficit due to its status as the hospital for the uninsured and the sequester of federal funds enacted by Congress, according to a recent report.

Honolulu officials held a bike rally on Thursday to raise awareness about street changes planned to encourage people to use the $5.2 billion elevated rail under construction on Oahu.

Municipalities throughout Virginia will receive a share of nearly $155 million in state funds to help with infrastructure projects, Gov. Bob McDonnell announced Friday.

Texas Gov. Rick Perry's veto of funding for the unit that prosecutes state corruption will not derail an investigation of a case that could involve the governor's office, the lead investigator said.