NPR News·3 min read·medium
Private prisons announce $1.4 billion in revenue as immigration detentions climb
V
Vanessa Romo
✦AI Summary
Private prison operators CoreCivic and GEO Group reported significant revenue growth driven by record-high immigration detention numbers. The companies are expanding their capacity and facilities to align with government goals for increased detention.
America's two largest private prison companies, CoreCivic and GEO Group, are reporting a combined $1.4 billion in quarterly revenue over the spring as immigration detention closes in on record levels.
politicsbusinesseconomy
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