Southwest

A professional basketball arena costing at least $900 million moved forward in Oklahoma City with the city council's approval of a development agreement.

CPS Energy, which provides electricity and natural gas in the San Antonio area, has a $1.05 billion revenue bond issue pricing in early June.

Its state university systems face a funding freeze for noncompliance with a 2023 state law banning diversity, equity, and inclusion offices.

Texas Capital hired Steve Genyk, a former public finance head at UBS Financial Services, as a managing director to lead its new public finance business.

The spending plan for the fiscal year that begins July 1 would draw down the city's general fund balance to fill a budget gap that has grown to $187 million.

To keep up with anticipated passenger growth, Phoenix Sky Harbor International Airport plans to build an additional terminal.

Along with tax cuts and school funding increases, lawmakers created passenger rail funding streams and paved the way for a historic hotel's bond-financed purchase.

More than $17 billion of general obligation bonds piled onto May 4 election ballots in the state, with voters passing some of the biggest, including Dallas' $1.25 billion, 10-part package.

A state judge issued a temporary injunction against enforcement of the Energy Discrimination Elimination Act, which has led to the ban of seven financial firms, including four big municipal bond underwriters, from government contracts.

Delivery delays for Boeing planes are impacting airports, with Southwest Airlines recently announcing it is pulling out or reducing flights at some facilities.