Economy

Moody's Investors Service placed Antelope Valley Healthcare District's Baa3-rated bonds on review for downgrade following the unexpected resignations of the chief executive officer and the chief financial officer.

As the state of Florida works on its largest public-private partnership project, local governments hope a bill waiting for the governor's signature can expand the use of P3s.

Dallas' Parkland Hospital Board has approved $42 million of bonds for a new $1.3 billion hospital financed mostly by Build America Bonds issued in 2009.

Moody's Investors Service said it has downgraded the long-term rating assigned to Proctor Hospital, Ill., to B2 from Ba2.

Texas Gov. Rick Perry Perry's proposal to issue 100-year bonds for major infrastructure could get a hearing in a special legislative session now open to transportation issues.

The Senate is expected to vote on whether to confirm Charlotte, N.C. Mayor Anthony Foxx as Secretary of the Transportation Department during the next few weeks, but has not yet scheduled the vote, a congressional aide said Tuesday.

U.S. Transportation Secretary Ray LaHood announced Tuesday that his agency received applications for $9 billion of Transportation Investment Generating Economic Recovery grants, when only $474 million is available.

Moody's Investors Service Monday upgraded to Baa2 from Baa3 its rating on Mercy Memorial Hospital Corp., reflecting three years of improved performance.

A lawsuit filed in Cook County Circuit Court against the Illinois Department of Revenue claims changes made in 2012 to the state's charity care law that governs not-for-profit hospitals violates the state constitution.

Chicago's motor fuel tax credit took its second ratings hit in a week with Moody's Investors Service dropping its rating one level to Baa1 over exposure to Illinois.

Local opposition to Gov. Rick Perry's refusal to expand Medicaid surfaces, as the state's 254 counties cope with the nation's highest rate of uninsured residents.

Ascension Health Alliance will make its first foray into the long-term taxable market this week when it sells $1 billion of refunding bonds in a mix of tax-exempt and taxable paper.

The chairman of the Senate Commerce, Science and Transportation Committee, on Monday named Sens. Mark Warner and Richard Blumenthal to lead two subcommittees.

A New York law gives the state's government until June 15 to consider a four-year plan that would cost at least $457 million to sustain Brooklyn hospitals.

A federal judge in Rhode Island has agreed to let the state continue to implement electronic tolling equipment on the new Sakonnet River Bridge connecting Portsmouth and Tiverton.

Standard & Poor's upgraded Palisades Medical Center to the investment grade BBB-minus from the speculative grade BB-plus on Wednesday, citing its improved balance sheet.

Ontario, Calif. officials filed a lawsuit to have their regional airport returned to local control following a three-year battle with Los Angeles officials.

Judith Frank, 71, of Los Angeles, has been re-appointed to the California Health Facilities Financing Authority.

Moody's Investors Service downgraded Memphis-Shelby County Airport Authority's bond rating to A3 from A2 a day after Delta announced that the airport would no longer be a hub.

The Chicago City Council ratified revisions to the much-maligned 75-year parking meter lease that Mayor Rahm Emanuel promoted as cutting the city's long-term penalties for lost parking revenue to the private meter operators.