Economy

Wisconsin is readying up to $246 million of transportation revenue bonds as lawmakers tackle an agenda that includes funding for the state's pressing transportation needs.

A bill pending in the Maryland Senate would require the state transportation authority to begin exploring the possibility of a bond-financed bridge across the Chesapeake Bay.

Standard & Poor's has revised its outlook on St. Louis-based St. Anthony's Medical Center's A-plus rating to negative from stable due to operating losses.

Fitch Ratings last week upgraded to BBB from BBB-minus its rating on The Methodist Hospitals, reflecting the northwest Indiana system's improving financial performance.

New York's Metropolitan Transportation Authority achieved about $1 billion in present-value savings from its 2012 refundings, according to officials.

Ray LaHood, a big supporter of high-speed rail and the Dulles Silver Line project, plans to step down as Transportation Secretary after a successor is nominated and confirmed by the Senate.

Kyle voters are expected to decide in May on up to $35.3 million of city general obligation bonds to finance road reconstruction in the town near San Antonio

The two-year proposed state operating budget from Kansas Gov. Sam Brownback draws $560 million from the DOT highway fund to cover non-transportation needs.

Amid major changes in health-care finance, Phoenix Children's Hospital will refund $284.6 million of revenue bonds used to build an 11-story tower.

Officials at New York's Metropolitan Transportation Authority are studying the use of technology to minimize subway commuter deaths, but admit it won't come cheap.

The New York Thruway Authority has started the bonding process for a new Tappan Zee bridge.

The Illinois State Toll Highway Authority board approved two slates of financial teams to underwrite roughly $1 billion of toll-backed borrowing planned in its next two financings.

A plan released by the Washington Metropolitan Area Transit Authority details $6 billion of investment the nation's second-busiest subway system needs to make over the next 12 years, and stresses the need for new revenue to support it.

The large scale changes sweeping the nonprofit health care sector, chief among them changes in payment methods, are driving the record-setting consolidation trend among hospitals, Fitch Ratings says.

Two hospitals in Chicago's western suburbs — Elmhurst Memorial Healthcare and Edward Hospital & Health Services — are the latest to merge, joining the two-year-old surge nationally of not-for-profit healthcare consolidation.

Southwest Airlines and Los Angeles International Airport will fund up to $400 million in Terminal 1 improvements if the Los Angeles City Council approves the plan.

The $3 billion of bonding authority of the Cancer Prevention and Research Institute of Texas would be stripped, except for refundings, by a measure proposed by state lawmaker.

Gov. Andrew Cuomo's proposed $142.6 billion budget for 2013-14 included some plusses for New York City and the Metropolitan Transportation Authority.

Louisiana has delayed the single-tranche sale of up to $350 million of highway improvement revenue bonds, shifting to a plan for phased issues over three years.

With only one proposal for a $1 billion managed toll lanes development on Airport Freeway in the Dallas-Fort Worth area, the Texas Department of Transportation is enlarging the project and seeking more bidders.