Industries

Agency says it's the highest general obligation bond rating it has received in 47 years.

Moody's downgraded $651 million of Main Line Health Services revenue bond debt to A1 from Aa3.

University of Michigan Health will acquire Sparrow Health System in a move that provides a fiscal infusion for Sparrow's operational and capital ailments.

Arrick was formerly a managing director and healthcare group leader for S&P Global Ratings.

After big oil hiked gas prices and made record profits, Gov. Newsom convened a special session of the Legislature and called for a price-gouging penalty on oil companies.

Advocate Aurora Health and Atrium Health finalized their merger Friday.

Texas trails only Florida for first-time payment defaults on bonds issued for senior health and living facilities for seniors since 2009, according to MMA data.

Entering into long-term leases for toll lanes in urban areas would free up transportation dollars for rural areas, said Gov. Bill Lee.

"The MTA's structural gaps remain huge and demand immediate action and a multi-party, multi-year plan" says Citizens Budget Commission President Andrew Rein.

The ruling marks the first major defeat for OTA in lawsuits seeking to derail its plan for a $5 billion, bond-financed extension project.

Hospital fiscal wounds have mounted this year and the balance sheet damage is expected to extend into 2023 as labor pressures show little sign of easing.

The authority said it expects production problems and higher costs in the near future.

University of Chicago Medicine and City of Hope are borrowing through the IFA for acquisitions that expand their footprint

Former state transportation official Shailen Bhatt, if confirmed by the full Senate, would play a key role in the rollout of highway funds in the bipartisan infrastructure law.

A full review of the deal pushes its consideration by the Texas Bond Review Board into January.

Incoming Gov. Wes Moore's political support for Hogan's signature project is uncertain.

The financially distressed utility has less than two weeks to find a substitute supplier of 80% of its fuel.

The deal has until the end of Friday to clear the Texas Bond Review Board, whose members had no questions about the transaction when it was presented at a Thursday meeting.

The merger talks between South Dakota-based Sanford Health and Minnesota-based Fairview Health are the not-for-profit sector's latest consolidation attempt.

The DOT's federal financing pipeline has mushroomed in recent years, as has the type of projects being financed.