Regional News

The bond parties want the U.S. Court of Appeals for the First Circuit in Boston to overturn the U.S. District Court's rulings on their efforts to gain control of PREPA.

Bond parties said U.S. District Court Judge Laura Taylor Swain's arguments against a claim were wrong on several bases.

The local government is seeking to replace LUMA Energy as the island's transmission and distribution company.

The defendants include many of the largest municipal bond underwriters.

Ohio Gov. Mike DeWine on Monday signed the state's $3.7 billion FY2027-28 capital budget, lauding the budget's breadth and impact on ordinary Ohioans.

Kansas City, Missouri, is weighing $235 million in special obligation bonds to help fund the $1.4 billion expansion of the KC Current's two-year-old stadium.

After the latest cyberattack struck a K-12 school system, rating agencies and muni market participants warned of an evolving risk to school district issuers.

Transit authorities around the country are bracing for upticks in ridership and revenue thanks to the World Cup as negotiations over surface transportation authorization linger in the background.

Blockchain-based technology is coming for munis. Despite the market's slow crawl towards modernization, backers believe that the transition is inevitable.

On the state P3 front, PennDOT aims to complete a review of a proposed $5 billion toll lane project next year.

The developer faces no penalties from the missed interest payment.

In need of revenue, some state legislatures are turning to their wealthiest residents for additional monies.

The lawmakers say their bills would establish safety standards for independent, third-party assessments of artificial intelligence systems and models.

The port processed 840,165 twenty-foot equivalent units in May compared to 716,618 a year ago.

Budget legislation was introduced in both houses of the California legislature last week, setting up negotiations.

City officials attribute the structural deficit to inflation-driven spending increases combined with revenues that have not kept pace.

"The upgrade recognizes two important factors: the strong operating performance of Vogtle Units 3 and 4 since entering commercial service and the strength of the project's contractual framework," said Ernest Libershteyn, MEAG director of finance and treasury.

For the first time since 2023, Georgia will bring its general obligation bonds to the municipal bond market, with a $1.57 billion competitive deal.

The Nashville-based private university plans to sell up to $430 million of tax-exempt bonds.

Alexandria, Va. is moving forward with a $155 million plan to convert a former power plant into a 2.5 million square feet development by leveraging tax increment financing and bond sales.

The latest update for the project at the Southwest Airlines hub showed an estimated $2.54 billion price tag and plans to issue general airport revenue bonds.

The Texas city's $115 million general obligation bond sale comes as a water supply emergency and potential further negative rating actions loom.

Transit authorities around the country are bracing for upticks in ridership and revenue thanks to the World Cup as negotiations over surface transportation authorization linger in the background.

The spending plan includes revenue-raising measures involving the bond-issuing combined utility system that have sparked concerns by the city's controller.