Economy

St. Louis Metro transit enters the market next week with a $375 million issue under a long-planned restructuring and refunding that will introduce a new debt lien supported by revenues from a 2010 voter-approved sales tax.

Moody's Investors Service has placed Meriter Hospital's A1 rating under review for downgrade as the system struggles with 2012 operating losses due to the Meriter Health Services' health insurance plan.

The Court of Appeals in Kansas City will hear oral arguments next month as several Kansas City, Mo., business owners try to keep alive their lawsuit challenging the legality of the funding mechanism for the city's downtown streetcar line.

Moody's Investors Service pushed the struggling Proctor Hospital's rating further down into junk bond territory, lowering the Illinois hospital three levels and warning of further deterioration.

Federal Highway Administrator Victor Mendez is expected to join Kentucky officials Tuesday for groundbreaking of the 'downtown' Ohio River Bridges Project.

Maine's governor signed a bill that will trigger the sale of at least $290 million in bonds and provide the state's hospitals with $484 million that they are owed.

The Atlanta BeltLine Inc. has selected Paul Morris as its president and chief executive officer.

Seven-mayor panel in Arkansas awards $13.1 million in state street funds from $28 million requested.

The South Carolina Supreme Court has upheld the governance of the state's Transportation Infrastructure Bank.

Central Florida's Orlando-Orange County Expressway Authority soon will search for a new chief financial officer following the resignation of Nita Crowder.

New Mexico will price $220 million of highly-rated severance tax bonds for hundreds of local projects in a competitive sale Tuesday.

St. Joseph Health System and Hoag Memorial Hospital Presbyterian, two California hospital systems that formed an affiliation, plan to price $763 million in debt on Wednesday through California Health Facilities Financing Authority.

Arizona Gov. Jan Brewer is expected to sign an $8.8 billion budget that includes expansion of the state Medicaid program for the working poor.

The University of Pittsburgh Medical Center accused Pittsburgh Mayor Luke Ravenstahl of suing it over its nonprofit status to cover a scandal in his administration, according to a court filing.

Suffolk County Executive Steve Bellone has written Governor Andrew Cuomo requesting the re-appointment of Mitchell Pally as the Suffolk County representative to the board of New York's MTA.

The Massachusetts Bay Transportation Authority — the transit system that serves Greater Boston — is staring at a $118 million gap for fiscal 2014, which begins July 1.

Providence, R.I. Mayor Angel Taveras desires $39 million in federal TIGER grant money to help fund a streetcar project he called essential to the city's comeback.

The federal government has formally invited Chicago to apply for a $292 million loan to help finance its new $884 million intermodal facility at O'Hare International Airport.

The Highway Trust Fund will need an additional $85 billion in U.S. general fund transfers over the next six years just to keep the program operating despite recent events that have shown that current spending is not enough, a Department of Transportation official told a Senate Panel Thursday.

Moody's upgraded San Diego, Calif.-based Sharp HealthCare's rating to A1 from A2 affecting approximately $475 million of outstanding debt.