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Jailing Americans for Profit: The Rise of the Prison Industrial Complex
Little wonder, then, that public prisons are overcrowded. Yet while providing security, housing, food, medical care, etc., for six million Americans is a hardship for cash-strapped states, to profit-hungry corporations such as Corrections Corp of ...
Corrections Corp jumps on possible REIT switch
NEW YORK (MarketWatch) -- Shares of Corrections Corp. of America CXW, -0.53% climbed Thursday as hedge funds Corvex Management and Marcato Capital Management said they are in discussions with management about converting the for-profit prison ...
Is There Profit in Private Prison Stocks? Corrections Corp Of America (CXW ...
Prisons are (unfortunately) a growth industry in the US but what about prison service providers or private prison stocks Corrections Corp Of America (NYSE: CXW), The Geo Group (NYSE: GEO), Conmed Healthcare Management (NYSEAMEX: CONM) and ...
Private Prison Corporations Are Modern Day Slave Traders
The nation's largest private prison company, the Corrections Corporation of America, is on a buying spree. With a war chest of $250 million, the corporation, which is listed on the New York Stock Exchange, earlier this year sent letters to 48 states ...
Say No to For-Profit Prisons
Earlier this year, Corrections Corporation of America (CCA), the largest for-profit incarceration company in America, sent a letter to officials in 48 states offering to buy state prisons and run them for a profit.
CCA: We Don't "Support" Laws Like SB 1070
The Tucson Weekly received a recent correction request from Corrections Corporation of America, the private-prison company that's taken a lot of heat from prison-reform activists and private-prison industry critics, such as the American Friends Service ...
Sweatshop Labor Is Back With a Vengeance
The Corrections Corporation of America and G4S (formerly Wackenhut), two prison privatizers, sell inmate labor at subminimum wages to Fortune 500 corporations like Chevron, Bank of America, AT&T, and IBM.
Iamgold acquires Trelawney Mining in $608-million deal
Toronto-based Iamgold is offering $3.30 a share for Trelawney Mining and Exploration Inc. , which gives it control of a large gold deposit practically in its backyard, thousands of kilometres from Iamgold's key producing assets in South America and Africa.
Spectra looks to bring US gas to Ontario, Quebec
Spectra Energy Corp. is pursuing a long-term strategy to replace Western Canadian natural gas with U.S. shale gas in Ontario and Quebec, creating further pressure on domestic producers to develop export markets to Asia.
US rivals try to keep Air Canada's Washington plan from taking off
San Francisco International Airport is much busier than the B.C. terminal, said California-based Virgin America Inc., which is pushing for its San Francisco-Washington service and playing down Vancouver as a local market, compared with the Bay area's ...