Economy

Moody’s Investors Service is considering downgrading the Port Authority of New York and New Jersey because of its need to continue borrowing money to finance transportation projects even as toll collections and airport fees grow slowly.

New Jersey Transit formally rejected a $271 million repayment demand Tuesday from the Federal Transit Administration, which is seeking to recover funds allocated for a canceled $8.7 billion mass-transit tunnel.

The Georgia Department of Transportation has named three consortiums seeking to bid on the Atlanta Multi-Modal Passenger Terminal project.

Clarian Health, Indiana’s second-largest health care provider, officially renamed itself Indiana University Health this week to emphasize its partnership with the Indiana University School of Medicine.

Without more revenue, New York’s Metropolitan Transportation Authority will exhaust its capacity to bond for new projects after 2014, MTA officials said Monday.

CHICAGO — Attorneys for Chicago and O’Hare International Airport’s two largest carriers will return to court next month as a standoff over the final phase of an $8 billion expansion plan continues.

ALAMEDA, Calif. — Los Angeles County has withdrawn from the California Statewide Communities Development Authority, the state’s largest conduit issuer.

CHICAGO — Things could be looking up for nonprofit health care, though the outlook is less positive for the troubled senior-living sector, according to a pair of 2011 outlook reports Fitch Ratings is poised to release Monday.

The Port Authority of New York and New Jersey plans to competitively market $300 million of tax-exempt bonds on Thursday.

A provider of residential services for the disabled that was part of a pooled bond deal issued by the Dormitory ­Authority of the State of New York agreed to pay $18 million in damages to settle Medicaid fraud charges, the New York attorney general announced last week.

New Jersey is looking for a private operator to collect tolls on the New Jersey Turnpike, the Garden State Parkway, and the Atlantic City Expressway.

ALAMEDA, Calif. — Washington priced more than $452 million of general obligation bonds Wednesday in competitive deals that drew multiple bids, even as lawmakers continued to haggle over the state’s growing budget deficit.

CHICAGO — Michigan Gov. Rick Snyder, in his first state of the state address, revived a controversial proposal to create a public-private partnership to build and operate a bridge connecting Detroit and Canada — the nation’s busiest trade crossing.

The recession appears to have ended at the West Coast’s largest container ports.

WASHINGTON — House Transportation Committee chairman Rep. John Mica said Wednesday that he will introduce a multiyear surface transportation bill later this year that includes Build America Bonds.

The New York State Thruway Authority on Wednesday approved up to $525 million of new-money bonds and up to $250 million of refunding bonds secured by the state’s highway and bridge trust fund.

BRADENTON, Fla. — North Florida’s Mid-Bay Bridge Authority expects to price $170 million of new and refunding springing-lien revenue bonds Thursday.

The Charleston Area Medical Center, West Virginia’s largest medical provider, was put on watch for a possible downgrade last week by Moody’s Investors Service. The A2-rated hospital has $307 million of debt outstanding.

CHICAGO — American Airlines and United Airlines on Tuesday sued Chicago to block its financing of remaining projects under an $8 billion expansion program at O’Hare International Airport ahead of the city’s planned sale of $1.1 billion of passenger facility charge-backed bonds next month.

CHICAGO — American Airlines and United Airlines on Tuesday sued Chicago to block its financing of remaining projects under an $8 billion expansion program at O’Hare International Airport ahead of the city’s sale of $1.1 billion of passenger facility charge-backed bonds next month.