CoreCivic pivots to new finance strategy, counter negative publicity

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Private prison giant CoreCivic is seeking to counter negative publicity and reverse its falling stock as the national criminal justice reform debate plays out at a South Nashville prison. 

CoreCivic, based in Nashville’s Brentwood suburb, announced a financial restructuring this week that will shift profits to paying down debt and investing in new and improved properties while reducing its dependence on credit lenders. 

The company will revert to a C corporation for the second time in seven years. Its stint as a real-estate investment trust (REIT) will end at the beginning of next year. The change will increase its taxes

Can the Finance Industry Be Trusted This Time?

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(Bloomberg Opinion) — Like the rest of us, the world’s finance industry is still wrestling with the huge uncertainty of a pandemic that doesn’t yet have an end. The sector’s reputation took a battering after the financial crisis, and it’s too early to say how things will go this time.

One area in the spotlight is insurance, with myriad claims being pursued by small businesses seeking redress for their Covid-related losses. In one of many cases around the world, the U.K.’s financial market regulator is taking on the insurance industry in a High Court battle that could affect as many

Sustainable Supply Chain Finance Market Current Trends, Segmentation, Key Players and Analysis 2026

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The MarketWatch News Department was not involved in the creation of this content.

Aug 09, 2020 (AmericaNewsHour) —
Kenneth Research has published a detailed report on Sustainable Supply Chain Finance Market which has been categorized by market size, growth indicators and encompasses detailed market analysis on macro trends and region-wise growth in North America, Latin America, Europe, Asia-Pacific and Middle East & Africa region. The report also includes the challenges that are affecting the growth of the industry and offers strategic evaluation that is required to boost the growth of the market over the period of 2019-2026.

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Householder charges prompt bills to change Ohio campaign finance laws – News – The Columbus Dispatch

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Some lawmakers want to see more disclosure for nonprofit groups that can spend unlimited amounts of money on political campaigns.

There are three bills circling Ohio’s Statehouse that backers say could have prevented — or at least made it easier to catch — what’s alleged in the federal indictment against former Speaker Larry Householder.

“You would have been able to donate all the money just the same, but it would have been all public,” Lt. Gov. Jon Husted said. “You would have known who the contributors were and the amounts.”

And that, supporters of these bills say, would have made