Economy

If passed, Rhode Island’s new legislation to allow acquisitions would be a credit positive for small community hospitals in the state, Moody’s Investors Service said in a report.

Washington will sell its first ever Garvee bonds next month as it works to raise more money to pay for a replacement floating bridge to help ease traffic in the Seattle region.

In a meeting on Wednesday, the board of the Dormitory Authority of the State of New York approved $320 million in financings for higher education and health care institutions.

DALLAS — Colorado's Regional Transportation District will not seek voter approval of a sales tax increase in November that would allow completion of the FasTracks rail and bus system on its current schedule.

At least eight Midwestern health care providers are set to enter the market over the next two weeks, offering more than $1.3 billion of bonds. Leading the pack this week is a trio that represents the region's largest and most prestigious providers.

A battle over competing international bridge plans in Michigan that has roiled the Legislature for years could find resolution with a public vote later this year.

Indiana on Monday announced a list of four possible teams for the Ohio River Bridges project.

Market participants are stepping up their efforts in support of muni-friendly provisions in the Senate highway bill, as that body prepares to head to conference with the House to resolve differences in legislation each chamber has passed providing funding for the nation's surface transportation programs.

DALLAS — As its largest tenant faces an uncertain future, Dallas-Fort Worth International Airport plans a mix of refunding and new-money debt for this week and late May.

BRADENTON, Fla. — The Federal Highway Administration Friday approved a supplemental environmental impact statement that is a significant milestone toward starting construction on portions of the $2.6 billion Ohio River Bridges Project later this year.

CHICAGO — The Federal Trade Commission's success so far in challenging two high-profile hospital mergers could signal fresh pressure on the sector, which is in the midst of a transforming consolidation trend.

The New York State Bridge Authority, which operates and maintains New York’s five vehicular bridges spanning the Hudson River, sold $93 million of general revenue bonds on Tuesday in a competitive sale.

Fitch Ratings has revised its outlook to negative from stable on Manchester, N.H.’s airport revenue bonds.

Illinois Gov. Pat Quinn unveiled a plan Thursday to trim $2 billion in Medicaid spending through cuts and other savings while raising $700 million in new revenue from a cigarette tax hike and federal matching funds in an attempt to ease the program's strain on state finances.

The effort to build a commuter rail line through the two counties north of California's Golden Gate has been a story of ups and downs mimicking the rolling countryside of Marin and Sonoma counties.

Fitch Ratings this week upgraded the Oregon Health and Science University to A-plus from A as the school prepares to come to market next week with $268 million of revenue bonds.

California’s nonpartisan Legislative Analyst’s Office Tuesday issued a report recommending that lawmakers reject Gov. Jerry Brown’s funding requests for the California High-Speed Rail Authority.

Chicago Mayor Rahm Emanuel submitted to the City Council ordinances allowing for the issuance of up to $1.5 billion of Midway Airport bonds and about $300 million of wastewater revenue bonds while pushing off a vote on his controversial plan to set up a new financing arm for some infrastructure projects.

A Senate subcommittee hearing on bridge and tunnel tolls turned into a battleground as state and authority officials defended rising tolls and opposed legislation sponsored by subcommittee chairman Frank Lautenberg, warning it could cripple their abilities to raise revenue and finance projects.

WASHINGTON — The Internal Revenue Service has revoked the tax-exempt status of American Health Foundation Inc., raising questions about the tax-exemption of $28.96 million of refunding and revenue bonds that issuers in five states sold for three of its subordinate entities.