For some companies, influx of migrant children into U.S. means business
By Mica Rosenberg NEW YORK (Reuters) - For a handful of U.S. companies that have exclusive or longstanding contracts with federal agencies dealing with illegal immigrants, the recent wave of children crossing the southern border with Mexico is a business opportunity. Private prison companies Geo Group and competitor Corrections Corporation of America, for example, stand to gain if Congress approves any emergency funding for family detention facilities. In the past six years, Geo Group was awarded nearly $880 million from Immigration and Customs Enforcement (ICE), according to government contracting data compiled by SmartProcure.us. In July, ICE, the agency responsible for immigration detention, modified its contract with Geo Group to convert the company's adult detention center in Karnes County, Texas to house families.
Congressman Cantor to resign seat early: Richmond Times-Dispatch
(Reuters) - Congressman Eric Cantor said he will resign his seat effective Aug. 18, months earlier than expected following a shock primary election defeat, the Richmond Times-Dispatch reported on Friday. Cantor, who on Thursday stepped down from his leadership position in the Republican-controlled House of Representatives, said he had asked Virginia Governor Terry McAuliffe to call a special election to coincide with November's general election, the newspaper reported.
U.S. top lawyer calls for greater transparency over execution drugs
Attorney General Eric Holder is calling on states to be more transparent about the drug cocktails used in executions in the wake of a series of botched lethal injections that have renewed a national debate over the death penalty. States that impose capital punishment have turned to new suppliers of chemical combinations for lethal injections after European drug makers objected to having their products used for that purpose. A group of death row prisoners sued Arizona in June, saying the secrecy surrounding the drugs used in other failed executions in Ohio and Oklahoma violated constitutional rights. "There may not be a legal requirement for transparency and talking about, describing the drugs that are used," Holder told PBS NewsHour in a wide-ranging interview on Thursday.
P&G 4Q profit rises, benefits from lower expenses
CINCINNATI (AP) — Procter & Gamble Co.'s fiscal fourth-quarter net income climbed 38 percent, bolstered in part by lower expenses.