Economy

Moody's Investors Service downgraded Providence St. Joseph Health a notch to A2, following similar moves by S&P Global Ratings and Fitch Ratings.

The acquisition closed Friday and all nine employees, who provide municipal and healthcare advisory services and treasury consulting services, joined PFM.

Tishelman, a 40-year market vet, comes to Siebert from UBS Financial Services, where he was a managing director and head of issuance strategies and municipal sales.

The authority hopes to have solar and wind provide 30% of the islands' electricity within two years.

The state's reliance on tourism makes airports essential to its economy, Fitch said.

Public finance veterans Marvin Markus and Mark Liff join Siebert as managing directors to focus on expanding the firm's infrastructure and higher education practices.

The state House Appropriations Committee dropped $3.86 billion from a supplemental spending bill, but its chair said the money is "still in play."

The Kaiser Family Foundation's report drew the ire of the American Hospital Association, which said it excluded many community benefits from its analysis.

The bill's sponsor pointed to board members' need for expertise.

The watchdog would have the power to subpoena data from oil companies.

The transportation revenue bond sale comes as legislative work on a new budget package is ramping up with the GOP expected to craft its own operating and capital spending plans.

The Bay Area Rapid Transit inspector general departed early saying the board obstructed her work.

The Uinta Basin railway is asking the DOT to authorize up to $2 billion of PABs for the project, which would move oil to market from northeast Utah.

A $3.52 billion Texas Natural Gas Securitization Finance Corp. deal includes a make-whole redemption over three years to call bonds if the state appropriates funds to pay them off.

The Ohio-based was underwriter on 47 limited offerings, violating the Commission's limited offering exemption.

Each would preserve their individual brands with a new organization functioning as the parent company with the aim of cutting administrative costs.

A stronger 2021 aided hospital balance sheets for those whose fiscal years end on June 30 based on a review of hospital operating medians

More than half of the 163 bills introduced in state legislatures across the country propose one-time funding for transportation projects using bonds, excess COVID relief or budget surpluses.

The much-delayed $3.5 billion deal has an optional limited make-whole redemption if state lawmakers appropriate funds to defray costs for natural gas customers.

States will need to figure out how to build within the law, the DOT secretary said.