American Securities Puts Prison-Phone Operator GTL on Block

Related Link: 

Global Tel*Link, the largest U.S. operator of prison phones, is being shopped by its private-equity owner, a move that follows a decision by federal regulators to cap the fees companies can charge for interstate inmate calls.

Costs of GM Recalls Pile Up

Related Link: 

General Motors is spending about $1 million a day providing loaner cars and insurance, according to cost data provided by dealers, to 30,000 U.S. customers awaiting replacement parts for their vehicles.

Departing Danaher CEO: Company Strategy Unlikely to Change

Related Link: 

Danaher Corp.'s H. Lawrence Culp Jr., whose run as chief executive of the industrial conglomerate has been among the most successful in corporate America over the past decade, said the company isn't likely to change its strategy or structure once he retires next year.

Investors Jump In After Canada Changes Marijuana Rules

Related Link: 

In Canada, it is now legal for any licensed company to grow and ship medical marijuana to patients—and illegal for patients to grow their own. The industry is drawing investments from hedge funds and private-equity firms in the U.S. and Canada.

GE to Sell More Businesses

Related Link: 

General Electric Co. is planning to sell off more pieces of its sprawling conglomerate this year as Chief Executive Jeff Immelt seeks to improve the profitability of the overall industrial operations.

China Footwear Maker Offers to Settle Strike

Related Link: 

A major footwear maker in southern China has offered to make disputed social-insurance payments to settle a four-day strike that had disrupted production at the key supplier for some of the world's best-known shoe brands.

Duke Had $15 Million in Spill Costs

Related Link: 

Duke Energy said it recorded about $15 million in costs related to a coal-ash spill in North Carolina in the first quarter, while also warning further costs can't be estimated at this time.

Ami Kassar: Many Small-Business Owners Don't Understand the SBA

Related Link: 

Confusion can lead borrowers to high-interest loans.

Michaels Says Security Breach Contained

Related Link: 

The data breach affected about three million payment cards at the arts-and-crafts company's stores.

Illinois Investigates Herbalife Over Consumer Complaints

Related Link: 

Herbalife defended its business practices after Illinois authorities said they were investigating the nutritional-supplement maker over consumer complaints.

Syndicate content