Economy

The Virginia Department of Transportation begins a series of meetings to take public comment on the draft six-year work program being considered by the Commonwealth Transportation Board.

The Federal Railroad Administration and Georgia Department of Transportation are preparing a study to evaluate high-speed passenger rail service between Atlanta and Charlotte, N.C.

A proposed merger between Beaumont Health System and Henry Ford Health System was cancelled Tuesday.

Lambert-St. Louis International Airport received a triple dose of good credit news last week when Moody's Investors Service followed Fitch Ratings in upgrading the airport's credit and Standard & Poor's revised its outlook.

The Illinois Health Facilities and Services Board last week signed off on two planned hospital mergers in the Chicago area.

Chicago began notifying its retirees this week that most will lose their healthcare subsidies over the next few years as Mayor Rahm Emanuel's administration seeks to shed a rising cost.

Transportation Corridor Agencies said Neil Peterson will become its new chief executive officer.

The Dormitory Authority of the State of New York has approved the sale of $2.4 billion in bonds.

New York’s Metropolitan Transportation Authority on Thursday announced short- and long-term initiatives designed to mitigate the effects of Hurricane Sandy-type storms.

A bill that would tax energy-efficient vehicles for using the road is moving through the Oregon legislature, according to local reports.

North Carolina scheduled meetings in communities along Interstate 95 to discuss the I-95 Economic Assessment, and the next steps toward doing $4.4 billion in improvements including possible tolls.

U.S. Transportation Secretary Ray LaHood announced Friday that recent federal legislation will allow the FAA to prevent the closure of 149 federal contract air traffic control towers though fiscal 2013.

Alabama Gov. Robert Bentley announced that more than 250 new road and bridge projects will move forward thanks to a $25 million bond program for rural counties.

Creating a municipal road and bridge revolving fund is crucial to improving Rhode Island's roads and bridges, Treasurer Gina Raimondo told a House panel in Providence.

Louisiana will refund $303 million of gasoline and fuels tax revenue bonds this week to avoid $110 million of swap fees on the variable-rate debt.

Managed toll lanes carry greater credit risks than traditional toll roads because they are challenging to implement and subject to extreme traffic volatility, according to a new report from Moody's Investors Service.

Moody's Investors Service has upgraded HealthPartners Inc.'s rating one level to A2 in recognition of its improved operating performance.

Standard & Poor's has raised its rating by one notch on Riverside Health System to A-plus due to its leading market position and improved balance sheet.

Chicago City Council member Brendan Reilly said this week he has consulted with public finance experts in an exploration of how the city could finance a buy back of the parking meter system from private operators.

Maine's sales of hundreds of millions of dollars of bonds have been delayed while the Republican governor and Democrat-controlled legislature debate how to raise $484 million owed to the state's hospitals.