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The GEO Group (NYSE:GEO) rose 11% and 12%, respectively, in early trading on Jan. 27. That said, both stocks are off dramatically over the past year. There's a connection here.   So what Both CoreCivic and The GEO Group do something that the government could, and often does, do itself: operating prisons. Hiring private companies to do this work has come under increasing scrutiny, pushing the shares of these companies notably lower over the past year. CoreCivic's stock is down 57% and The GEO Group is off by 48% over that span. The concern isn't unreasonable, noting that The GEO Group has los...

Leading businesswoman leads Lloyd’s Banking group’s work to support the Black business community Lloyds Banking Group unveils Black Business Advisory Committee led by Claudine Reid MBE to help it better understand the needs of, and barriers faced by, the UK’s Black entrepreneurs and business owners. News comes as it announces partnerships with Foundervine and the Black Business Network. The advisory committee and partnerships are part of the Group’s commitment to ensuring the UK’s business landscape becomes fully accessible and inclusive of the Black community. Claudine Reid MBE ha...