Industries

A Lackawanna County Court ruled that Scranton, Pa., overstepped in assessing a commuter tax on nonresidents.

A Brooklyn judge may have brought light to the end of the tunnel for financially struggling SUNY Downstate with a ruling that could facilitate the already agreed transfer of Long Island College Hospital to New York University.

Virginia lawmakers will consider a budget amendment to ensure new spending cuts do not imperil a planned $100 million road bond issue.

The MTA's Metro-North Railroad and Mount Vernon, N.Y., will work to replace up to three priority bridges that carry vehicular traffic, said Gov. Andrew Cuomo.

A Superior Court judge in Riverside County will hear arguments Oct. 31 on a motion for summary judgment in a lawsuit brought by Ontario, California seeking the return of its airport from Los Angeles.

Pennsylvania's P3 board approved a project seeking a private partner to develop clean-burning compressed natural gas fueling stations at public transit agencies statewide.

Federal grants awarded to transit systems damaged by Hurricane Sandy will reduce the financial strain from future storms, Moody's said.

S&P lowered its ratings to A-minus from A on bonds sold for Shands Teaching Hospital at the University of Florida, citing an upcoming $250M deal.

Connecticut will come to market with a $730 million sale of special tax obligation transportation infrastructure bonds, including $130 million in refunding.

San Francisco-based Dignity Health plans to issue $1.4 billion worth of debt through several private placement deals and a taxable bond issuance up to $888 million in the first two weeks of October.

Most Texans want to increase state spending on transportation infrastructure without raising taxes, according to a new statewide poll.

Chicago officials said the city's O'Hare International Airport is on pace to reclaim the title of the world's busiest airport by flights, a title it ceded a decade ago to Atlanta's Hartsfield-Jackson Memorial Airport.

Targeted increases in transportation infrastructure funding are needed to overcome a 10-year backlog of neglected projects.

Washington State University has been authorized to sell up to $16.25 million of revenue bonds for a new health clinic at its Spokane, Wash. campus.

Citing weak debt coverage, Standard & Poor's downgraded Arizona Health Network's revenue bonds to BBB from BBB-plus and retained a negative outlook.

Transportation Department doesn't account for how it awards federal TIGER grants, GAO says in new report.

New York's MTA intends to pitch the city, state and federal government and corporate leaders to help cover its $15.2 billion capital program gap. Otherwise, it will have to borrow more.

Illinois-based Presence Health has finalized a deal to sell one of its Chicago hospitals that has strained the system's books with losses.

Gasoline tax revenues are not a reliable long-term source for financing transportation infrastructure, Pew Charitable Trusts said in new report.

Fitch revised its outlook to stable from negative on Tennessee's Memphis International Airport bonds despite losing Delta Air Lines' hub.