A central Florida county is building a toll road through swampland near Walt Disney World to speed the commutes of local workers, financing the project by selling low-rated debt to yield-hungry investors.
Along with the leadership of Canada’s largest province and the keys to its 120 year-old pink- sandstone legislature, the winner of Ontario’s election tomorrow will claim the largest pile of debt of any province, state or local government in the world.
Casino operators sparred over the impact online betting is having on land-based properties as Pennsylvania legislators consider whether to make the state the most-populous yet to allow Internet wagering.
Vanguard Group Inc. rose to the top of the U.S. mutual fund industry by preaching the merits of cheap index-tracking funds. Now it wants to convert U.K. investors as that country enacts new rules that may lower fund costs that are among the highest in the developed world.