Economy

Gov. Tom Corbett has ordered a rebid of an IT contract and reviews of all vendors named in the Pennsylvania Turnpike Commission pay-to-play scandal.

New York's Metropolitan Transportation Authority will sell $200 million of Triborough Bridge and Tunnel Authority refunding bonds for capital projects.

A new study released by the Federal Railroad Administration lays out numerous diverse options for high-speed rail investment in the nation's heavily-populated Northeast corridor.

The Virginia General Assembly on Wednesday approved Gov. Bob McDonnell's amended transportation plan, which slashes gas taxes and is projected to pump billions into Virginia's transportation infrastructure over the next five years.

Katherine Perez-Estolano, considered an expert in transportation and land-use planning, was appointed by California Gov. Jerry Brown to the California High-Speed Rail Authority's Board.

Rep. Maxine Waters, D-Calif., has introduced legislation that would make $1 billion available for federal transportation grants.

The Mississippi Legislature is nearing agreement on a $5.7 billion general fund budget for 2014, though questions remain over Medicaid expansion.

Fitch Ratings revised the outlook on the Georgia DeKalb County Hospital Authority to negative from stable citing a decline in operating cash flow below expectations.

The Virginia Port Authority's decision not to pursue a public-private partnership could have a negative impact on other potential port privatization deals, according to a new report from Fitch Ratings.

Minnesota Attorney General will hold hearings beginning next week to probe South Dakota-based Sanford Health's possible acquisition of Minnesota-based Fairview Health Services.

Indiana last week reached financial close on a $700 million tax-exempt bond financing that finances the state's half of the $2.6 billion bi-state bridge project with Kentucky.

A private foundation linked to the $3 billion bond-funded Cancer Prevention Research Institute of Texas may have improperly changed its name and procedures in the wake of several investigations of alleged insider deals, according to Texas Attorney General Greg Abbott.

NABL is urging Treasury and the IRS to provide guidance ensuring that tax-exempt private-activity bonds don’t become taxable if the issuing governments and nonprofit hospitals take steps to implement President Obama’s health care reform law.

With nearly $500 million in spring transportation projects planned, Illinois will sell $800 million of debt Tuesday after a two-month delay in the state's first bond offering of the year.

Arkansas will save almost $700 million through a private insurance option in an expansion of the Medicaid program, a report said.

General aviation airport officials in Florida and across the country will discuss the implications of tower closings Tuesday in a conference call with the Federal Aviation Administration

Colorado's Regional Transportation District plans to issue $225 million of certificates of participation this month as its $7.9 billion FasTracks rail and bus network achieves major construction milestones.

The California Health Facilities Financing Authority approved on Thursday issuing $450 million in tax-exempt revenue bonds for Sutter Health System to construct a hospital in Santa Rosa and medical clinics in Sunnyvale and San Carlos.

The Internal Revenue Service is auditing two separate series of hospital revenue bonds totaling $142.2 million that were issued by the Highlands County, Fla., Health Facilities Authority in 2005 and 2007 and then redeemed.

New York's Metropolitan Transportation Authority awarded the first contract to a company participating in its new federal small business mentoring program.