Matt Sledge

6 days ago | flipboard.com | Matt Sledge |Jose Olivares

1 day agoBOCA RATON, Fla. (AP) — BOCA RATON, Fla. (AP) — Geo Group Inc. (GEO) on Wednesday reported first-quarter net income of $19.6 million. On a per-share basis, the Boca Raton, Florida-based company said it had net income of 14 cents. The results did not meet Wall Street expectations. The average estimate …

6 days ago | theintercept.com | Matt Sledge |Jose Olivares

The CEO of the private prison firm CoreCivic told investors on a Thursday call that his company has a value proposition for the federal government: American prison profiteers are less likely to draw legal challenges than foreign alternatives — an apparent reference to the infamous El Salvador prison housing immigrants who were illegally deported from the U.S. CoreCivic is among the biggest players in the immigration detention business — and they’re looking to capitalize on contracts for U.S....

6 days ago | theintercept.com | Matt Sledge

Cryptocurrency legislation once seemed to be the rare issue that could draw bipartisan support in Donald Trump’s Washington, thanks to the industry’s prolific donations on both sides of the aisle. Then Trump and his family attempted to monetize the presidency through a meme coin and a $2 billion crypto deal involving an Abu Dhabi-backed venture firm. Democrats were, suddenly, outraged. Some centrist party members who had treated cryptocurrency with deference even began to walk away.

2 weeks ago | theintercept.com | Matt Sledge

Donald Trump’s latest adjustment to automobile tariffs were billed as relief for the Big Three carmakers, but a leading analyst said Wednesday that Elon Musk’s Tesla will benefit most while others will be stuck “in quicksand” — potentially creating a slight advantage for a company whose CEO donated nearly $300 million to Trump and other Republican causes during last year’s election.

2 weeks ago | flipboard.com | Matt Sledge

1 hour agoFort Worth warns of ‘catastrophic’ incident if Supreme Court allows nuclear waste transit, storageTrains carrying nuclear waste — with more radioactivity than the atomic bomb dropped on Hiroshima during World War II, according to a Fort Worth …9 hours agoTrump's third-term talk freezes the potential 2028 Republican fieldThe more Trump delays, the more he commands attention and averts the perception that he’s a lame duck.