Industries

The initial public offering will raise up to $540 million to expand Florida's passenger train system and acquire the Las Vegas XpressWest project.

The MTA, amid political debate over funding and control, intends to sell $500 million of transportation revenue bonds and $750 million of BANs.

The Chapter 11 filing creates uncertainty for the state and localities where the utility operates.

Pending home sales dropped 2.2% to an index reading of 99.0 in December, after a revised 0.9% decline to 101.2 in November.

Home prices in 20 U.S. cities slowed in November for an eighth consecutive month, extending the longest streak since 2014, as affordability issues remain.

Texas factory activity growth, as measured by the production index, “continued to expand in January.”

The Chicago Fed National Activity Index for December rose to 0.27 from a downwardly revised 0.21 in November.

As the board delayed a vote on fare and toll increases, transit funding, performance metrics and the L-train tunnel project chaos permeated discussion.

The December Chicago Business Barometer was revised down to 63.8 from 65.4 previously, following the annual seasonal adjustments.

Respondents to the Federal Reserve Bank of Kansas City's monthly manufacturing survey reported slower growth in January, while expectations grew.

Kettering Health Network will sell $200 million of new money and refunding bonds.

New Jersey Gov. Phil Murphy wants the Port Authority of New York and New Jersey to prioritize a $2.1 billion replacement for the monorail at Newark's airport.

A spokesman for Florida Attorney General Ashley Moody said she is reviewing an anti-blasting petition filed by South Carolina.

Gov. Andrew Cuomo brokered a memorandum of understanding that ended a stalemate between Amtrak and the MTA to clear the way for new Metro-North service.

Manufacturing growth in the central Atlantic region “was soft in January,” according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond, as the manufacturing index climbed to negative 2 from negative 8.

KPC Group has agreed to be a stalking horse bidder for Verity Health System's remaining four hospitals.

Palos Health signed a letter of intent to explore joining Loyola Health, which is owned by nonprofit healthcare giant Trinity Health.

California’s largest utility owner faces $30 billion in potential wildfire liabilities, and its bankruptcy plan has reverberated across the power industry.

Nicole Gelinas of the Manhattan Institute explores the state of flux in metro New York mass transit funding, including how uncertainty could affect bondholders. Paul Burton and Andrew Coen host.

Rating agencies don't expect major impacts to state and local governments from the troubled California utility's pending bankruptcy.