Industries

While the nonprofit hospital sector shows signs of stabilizing, Houston-based Texas Children's Hospital faces fiscal problems that led to two rating downgrades.

The purpose of restructuring is to help the Pennsylvania hospital operator "avoid a bankruptcy scenario," said Dora Lee of Belle Haven Investments.

New facilities should reduce and ultimately eliminate the authority's current $5 million a month operating loss.

The estimated $100 million raised annually from the 0.5% tax increase on the Nov. 5 ballot could be used to back bonds for affordable housing.

The possibility of moving stalled housing bills forward combined with promises of down payment assistance is offering hope to housing advocates.

Long-term liabilities have gone down and revenues have gone up, Fitch said.

The state has selected a stretch of Interstate 24 between Nashville and Murfreesboro to be its first "Choice Lane," an optional toll lane to bypass congestion.

The Federal Aviation Administration's fourth round of funding through the Airport Improvement Program covers 320 grants in 46 states.

LIPA's prepares to go to market with new leadership as it prepares to decide on its next power supply management services provider.

Oconee County using bond proceeds for a sewer that will benefit only some residents may violate the state constitution.

California Gov. Gavin Newsom fast-tracked the first $3.3 billion of a bond measure approved by voters in March.

Concerns have been raised about audits related to nearly $2.9 billion of ratepayer-backed bonds sold for Oklahoma utilities in 2022.

Karl Knight worked as chief of staff for U.S. Virgin Islands Gov. Albert Bryan Jr.

The city announced its P3 partner this week even after its federal funding got cut in committee and Rep. Maxine Waters took a strong oppositional position.

New York lawmakers are helping a coalition of legal experts, transit riders, and environmental and disability advocates sue the governor for stopping congestion pricing.

The St. Louis-based senior-living facilities operator has almost $80 million in bonds outstanding.

Chicago Transit Authority CFO and Treasurer Jeremy Fine is leaving the agency, CTA President Dorval Carter, Jr., announced.

One-time spending, rainy-day funds and fare hikes are forming a rickety bridge for crossing the transit funding ravine.

The legislature dodged broad changes to education or transit, but bet big on business-friendly initiatives.

Infrastructure projects and plans for a new transit police department topped the agenda at the agency's State of the Agency event.