Economy

Banner Health, one of the largest nonprofit hospital operators in the nation, is issuing $252 million of taxable and tax-exempt revenue bonds to expand two Phoenix-area hospitals.

Chicago will seek independent audits to assess the operational and financial management of its asset leases beginning with its controversial $1.15 billion 2009 parking meter concession contract.

Kentucky and Indiana agencies Tuesday are poised to approve the long-awaited master agreement for the financing and construction of the massive $2.6 billion Ohio River Bridges Project.

Indiana University expects to hire financial advisors to oversee the privatization of its parking system, a transaction modeled after Ohio State University's precedent-setting deal.

New York's Metropolitan Transportation Authority Chairman Joseph Lhota announced four options for fare and toll increases that he says are needed to help fill a budget gap.

With successful public-private partnerships under its belt, and more underway, Puerto Rico is leading the way in a market that has been slow to catch on in the United States.

The Los Angeles City Council voted to approve negotiations with Ontario, Calif. officials that could result in L.A./Ontario airport being returned to local control.

Officials from Highmark and West Penn Allegheny Health System spoke with an eye toward resuming talks about a $475 million affiliation agreement.

The Metropolitan Transportation Authority is selling New York City bus and subway transit MetroCards with front-facing ads for the first time.

The Delaware River Joint Toll Bridge Commission sold bridge system revenue refunding bonds after receiving positive outlooks from Moody's and Standard & Poor's.

Metropolitan Atlanta Rapid Transit Authority administrator Beverly Scott will become the new general manager of the Massachusetts Bay Transportation Authority.

Slide show of Puerto Rico Public Private Partnerships P3s

Milwaukee-based Baird has hired Jeff Fivecoat, a long-time health care banker, for its Columbus office. Fivecoat comes from Red Capital Group and before that, OhioHealth.

Roger Nutt will resign as chief executive of the embattled Pennsylvania Turnpike Commission, which the state auditor said was "drowning in debt."

The Citizens Budget Commission watchdog group, calling the financing arrangements of New York's MTA "volatile and insufficient," proposes an alternative that it said would curb deficits.

Fitch dropped the outlook on Forrest County General Hospital, Miss. to negative while affirming its A rating.

The Metropolitan Atlanta Rapid Transit Authority hired Keith T. Parker away from the VIA transit agency in San Antonio to be its new general manager and CEO.

Dallas-Fort Worth International Airport will complete nearly $1 billion of refinancing for 2012 with a $301 million deal scheduled to price next week.

Ohio is selling GO bonds this week and Garvee bonds in November. Ohio says the Garvee deal will proceed despite uncertainty over federal transportation funding and the fiscal cliff.

Transportation and infrastructure policy has taken a back seat throughout the presidential campaign so far, a fact that industry insiders think is an intentional dodge of the daunting challenge of funding new investment.