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(For a live blog on the U.S. stock market, click or type LIVE/ in a news window.) (Updates to market close)June 10 (Reuters) - Wall Street stocks ended firmer on Thursday, with the S&P 500 hitting a record closing high, as economic data appeared to support the Federal Reserve’s assertion that the current wave of heightened inflation will be temporary. All three major U.S. stock indexes advanced, with market-leading megacap stocks putting the Nasdaq out front. Unofficially, the Dow Jones Industrial Average rose 12.21 points, or 0.04%, to 34,459.35, the S&P 500 gained 19.71 points, or 0.47%, to 4,239.26 and the Nasdaq Composite added 106.86 points, or 0.77%, to 14,018.61. Among the 11 major sectors of the S&P 500, healthcare enjoyed the largest percentage gains.
Persons: smallcaps, , Ryan Detrick, Detrick, Joe Biden’s, Stephen Culp, Ambar Warrick, Richard Chang Organizations: Nasdaq, Labor, Financial, U.S . House, Dow Jones, Treasury, GameStop Corp, Clover Health Investments Corp, AMC Entertainment Holdings, Beyond Inc, GEO Group, Boeing, Reuters, United Airlines, Airbus, Pfizer Inc Locations: Charlotte , North Carolina, United
S&P 500 headed for record high as inflation seems temporary
  + stars: | 2021-06-10 | by ( Stephen Culp | ) www.reuters.com + 0.00   time to read: +3 min
(Reuters) - Wall Street stocks rose on Thursday, with the S&P 500 on course to hit an all-time closing high, as the much-anticipated consumer price index report signaled that the current inflation wave will be transitory. REUTERS/Brendan McDermidAll three major U.S. stock indexes were higher, with market-leading megacap stocks putting the Nasdaq out front. The Dow Jones Industrial Average rose 126.15 points, or 0.37%, to 34,573.29; the S&P 500 gained 25.09 points, or 0.59%, at 4,244.64; and the Nasdaq Composite added 108.76 points, or 0.78%, at 14,020.51. Among the 11 major sectors of the S&P 500, healthcare enjoyed the largest percentage gains. The S&P 500 posted 57 new 52-week highs and no new lows; the Nasdaq Composite recorded 92 new highs and 11 new lows.
Persons: Brendan McDermid, , Colin Asher, ” Asher, Joe Biden’s, decliners Organizations: Reuters, New York Stock Exchange, REUTERS, Nasdaq, Labor, Mizuho, U.S . House, Dow Jones, Treasury, GameStop Corp, Clover Health Investments Corp, AMC Entertainment Holdings, Beyond Inc, GEO Group, Boeing Co, United Airlines, Boeing, Airbus, Pfizer Inc, NYSE Locations: St, New York City, U.S, London, United
GameStop tumbles, Clover Health rises in 'meme stock' roller coaster
  + stars: | 2021-06-10 | by ( ) www.reuters.com + 0.00   time to read: +2 min
A person walks past a GameStop in the Manhattan borough of New York City, New York, U.S., January 29, 2021. REUTERS/Carlo Allegri/File PhotoShares of GameStop Corp (GME.N) fell 7% and Clover Health Investments Corp (CLOV.O) jumped 6.4% in early deals on Thursday, setting the stage for another roller coaster session for stocks favored by small-time investors on social media platforms. Shares of cinema operator AMC Entertainment Holdings Inc (AMC.N) were down 4.1%, while prison operator Geo Group Inc (GEO.N), the latest "meme stock", slumped 8.8%, after surging more than 38% on Wednesday. In the past two weeks, the so-called "meme stocks" have received $1.27 billion of retail inflows, Vanda Research said on Wednesday. That matched their peak in January, when the surge in GameStop shares squeezed short sellers and further boosted the stock price.
Persons: Carlo Allegri, Inc's, Edward Moya, Moya, Clover, Vanda Organizations: GameStop, REUTERS, GameStop Corp, Clover Health Investments Corp, Wednesday, ContextLogic Inc, Clean Energy Fuels Corp, AMC Entertainment Holdings Inc, Geo Group Inc, Medicare, AMC, U.S . Securities, Exchange Commission, SEC, Vanda Research, Thomson Locations: Manhattan, New York City , New York, U.S
GameStop tumbles, other "meme stocks" falter after big runups
  + stars: | 2021-06-10 | by ( ) www.reuters.com + 0.00   time to read: +2 min
A person walks past a GameStop in the Manhattan borough of New York City, New York, U.S., January 29, 2021. REUTERS/Carlo Allegri/File PhotoShares of GameStop Corp (GME.N) fell more than 17% on Thursday and other so-called meme stocks also declined, setting the stage for another roller-coaster session for stocks favored by retail investors on social media platforms. AMC shares were off around 11%. In the past two weeks, the so-called "meme stocks" have received $1.27 billion of retail inflows, Vanda Research said on Wednesday. That matched their peak in January, when the surge in GameStop shares squeezed short sellers and further boosted the stock price.
Persons: Carlo Allegri, Inc's, Edward Moya, Clover, Vanda Organizations: GameStop, REUTERS, GameStop Corp, Wedbush Securities, AMC Entertainment Holdings, Clover Health Investments Corp, Geo Group Inc, AMC, Medicare, U.S . Securities, Exchange Commission, SEC, Vanda Research, Thomson Locations: Manhattan, New York City , New York, U.S
GameStop falls 25% on potential share sale, other 'meme stocks' falter
  + stars: | 2021-06-10 | by ( ) www.reuters.com + 0.00   time to read: +3 min
A person walks past a GameStop in the Manhattan borough of New York City, New York, U.S., January 29, 2021. REUTERS/Carlo Allegri/File PhotoShares of GameStop Corp (GME.N) fell 25% on Thursday and other so-called meme stocks also declined in a sell-off that hit a broad range of stocks favored by retail investors on social media platforms. "It appears that other companies, like GameStop, are hoping to follow AMC’s lead by issuing shares and otherwise profit from the meme stocks run up,” Ablin said. In the past two weeks, the so-called "meme stocks" have received $1.27 billion of retail inflows, Vanda Research said on Wednesday. That matched their peak in January, when the surge in GameStop shares squeezed short sellers and further boosted the stock price.
Persons: Carlo Allegri, Inc's, Jack Ablin, ” Ablin, Clover, Vanda Organizations: GameStop, REUTERS, GameStop Corp, AMC Entertainment Holdings, Clover Health Investments Corp, Geo Group Inc, AMC, Cresset Capital, , Wedbush Securities, Medicare, U.S . Securities, Exchange Commission, SEC, Vanda Research, Thomson Locations: Manhattan, New York City , New York, U.S
The new names have a lower short interest rate than Reddit favorites AMC and GameStop. Retail traders have been flocking to a horde of new meme stocks this week — from a mining company to a fast-food chain and a car retailer. It isn't the only new meme stock this week to whipsaw from big gains to losses. Wendy's, for example, has just 4% short interest rate, while Cleaveland-Cliffs and Clean Energy Fuels have a 9% and 7% rate, respectively. ContextLogic, Restoration Hardware, and Invesco Mortgage have the highest with an 11.5%, 13%, and 15% short interest, according to MarketBeat data.
Persons: , Reddit, Redditors, Wendy's, Geo Organizations: Energy Fuels, Invesco Mortgage, AMC, GameStop, Clover Health, AMC Entertainment, UWM Holdings, Geo Group, Boca, GEO, wsb Locations: Cleveland, Newport Beach , California, Ohio, Nebraska, Pontiac , Michigan, Cleaveland, Boca Raton , Florida
A person walks past a GameStop in the Manhattan borough of New York City, New York, U.S., January 29, 2021. Worries that other companies could leverage recent stock price gains by announcing share sales may be rippling out to the broader meme stock universe, said Jack Ablin, chief investment officer at Cresset Capital. "It appears that other companies, like GameStop, are hoping to follow AMC’s lead by issuing shares and otherwise profit from the meme stocks run-up,” Ablin said. GameStop will likely sell all 5 million new shares but that amount only represents a “modest” dilution of 7%, Wedbush analysts wrote. In the past two weeks, the so-called "meme stocks" have received $1.27 billion of retail inflows, Vanda Research said on Wednesday, matching their January peak.
Persons: Carlo Allegri, Jake Dollarhide, Jack Ablin, ” Ablin, Inc's, GameStop's, Vanda Organizations: GameStop, REUTERS, GameStop Corp, Longbow Asset Management, AMC Entertainment Holdings, Clover Health Investments Corp, Geo Group Inc, AMC, Cresset, , Wedbush Securities, U.S . Securities, Exchange Commission, Vanda Research, Thomson Locations: Manhattan, New York City , New York, U.S
Wall Street reverses, closing lower ahead of inflation report
  + stars: | 2021-06-09 | by ( Stephen Culp | ) www.reuters.com + 0.00   time to read: +4 min
NEW YORK (Reuters) - Wall Street stocks ended lower on Wednesday, reversing earlier gains as institutional investors awaited inflation data for clues as to when the U.S. Federal Reserve might tighten its dovish monetary policy. FILE PHOTO: A Wall Street sign is pictured outside the New York Stock Exchange in the Manhattan borough of New York City, New York, U.S., April 16, 2021. REUTERS/Carlo Allegri/File PhotoThe retail “meme stock” craze continued unabated. However, other meme stocks such as Clover Health, AMC Entertainment and Bed Bath & Beyond reversed course to close lower. “It feels like alternative stock market,” Carlson added.
Persons: Carlo Allegri, , Chuck Carlson, , ” Carlson, Joe Biden, Shelley Capito, Campbell Soup, Biden, Drugmaker Organizations: YORK, U.S . Federal, New York Stock Exchange, REUTERS, Horizon Investment, Aethlon, GEO Group, Wrestling Entertainment, Clover Health, AMC Entertainment, Vanda Research, GameStop Corp, GameStop, Dow, Washington, Representatives, Philadelphia, Labor, Dow Jones, Nasdaq, Treasury, Pfizer Inc, Washington Post, Drugmaker Merck, Co Locations: Manhattan, New York City , New York, U.S, Hammond , Indiana, States
Clover Health reverses earlier gains as some meme stocks slip
  + stars: | 2021-06-09 | by ( Reuters Staff | ) www.reuters.com sentiment -0.99   time to read: +2 min
FILE PHOTO: The New York Stock Exchange is pictured in the Manhattan borough of New York City, New York, U.S., April 16, 2021. Clover Health has been among the most visible of new meme stocks popular with retail investors on forums such as Reddit’s WallStreetBets. The new crop has shot higher in recent days following a resurgence in shares of video game retailer GameStop Corp and movie theater company AMC Entertainment Holdings. Meme stocks have received $1.27 billion of retail inflows in the past two weeks, according to data from Vanda Research. Among other meme stocks, AMC and security solutions provider BlackBerry’s U.S.-listing fell 7% and 5.7%, respectively.
Persons: Carlo Allegri, Melvin Capital, GameStop’s Organizations: Reuters, Clover Health Investments, New York Stock, REUTERS, Clover Health, GameStop Corp, AMC Entertainment Holdings, Geo Group, Vanda Research, GameStop, AMC, Lordstown Motors Corp Locations: seesaw, Manhattan, New York City , New York, U.S, WallStreetBets
Clover Health shares tumble in another wild day for meme stocks
  + stars: | 2021-06-09 | by ( Reuters Staff | ) www.reuters.com + 0.00   time to read: +2 min
(Reuters) -Shares of Clover Health Investments Corp slid on Wednesday, a day after the new retail trader favorite soared about 86%, the latest meme stock to join the frenzy this year. FILE PHOTO: The New York Stock Exchange is pictured in the Manhattan borough of New York City, New York, U.S., April 16, 2021. REUTERS/Carlo Allegri/File PhotoThe Medicare-backed insurance seller’s shares were recently down around 13% at $19.20 after climbing to nearly $29. Clover Health has been among the most visible of the new meme stocks to enthrall investors following forums such as Reddit’s WallStreetBets. The fresh crop shot higher in recent days following a resurgence in shares of video game retailer GameStop Corp and movie theater company AMC Entertainment Holdings.
Persons: Carlo Allegri, , Ken Polcari, Ryan Cohen, Melvin Capital, GameStop’s Organizations: Reuters, Clover Health Investments, New York Stock, REUTERS, Clover Health, GameStop Corp, AMC Entertainment Holdings, Kace Capital Advisors, Geo Group, AMC, Vanda Research, GameStop, Lordstown Motors Locations: Manhattan, New York City , New York, U.S, Chewy
ICE has transferred out the last women at Irwin County Detention Center, according to a lawyer for former detainees. Amin is not board certified and LaSalle Corrections, the for-profit company that runs the detention center, has severed its relationship with him. "I think the explanation there is the dehumanization of the Black and brown immigrant women at this detention center." It was, she said, "not related to any specific issue at other ICE detention facility and has been in the works for some time." During a speech Thursday, not far from the Irwin County Detention Center, activists interrupted President Joe Biden, demanding that he "abolish private detention."
Persons: Dawn Wooten, Dr, Mahendra Amin, Amin, Shahshahani, it's, Lindsay Williams, Stewart, Irwin, Biden, Joe Biden Organizations: ICE, Detention, Customs, Detention Center, Los Angeles Times, LaSalle Corrections, Stewart Detention, CoreCivic, Watch Network, Department of Homeland, Department of Justice, Miami Herald, GEO Group Locations: Irwin, Georgia, Atlanta, Irwin County, Florida
Private Prisons Could See Fortunes Change Under Biden Immigration Policy
  + stars: | 2021-04-30 | by ( Alejandro Lazo | ) www.wsj.com sentiment -0.99   time to read: 1 min
One little-noticed effect of the Biden administration’s shift in immigration policy from the Trump administration is the change it may bring to the private prison industry. The number of people detained by Immigration and Customs Enforcement—a primary source of revenue for private prison companies in recent years—has reached a low not seen in decades. Geo Group Inc. and CoreCivic Inc. are the prison industry’s two major publicly traded companies. Here are some questions and answers about private prison use in the immigration system. How big of a role do private prisons play in immigration detention?
Persons: Biden, Trump, Organizations: Immigration, Customs, Geo Group Inc, CoreCivic Inc
ICE has transferred out the last women at Irwin County Detention Center, according to a lawyer for former detainees. Amin is not board certified and LaSalle Corrections, the for-profit company that runs the detention center, has severed its relationship with him. "I think the explanation there is the dehumanization of the Black and brown immigrant women at this detention center." Detention Watch Network, a group that advocates shuttering immigration detention centers altogether, is calling for the women to be released. During a speech Thursday, not far from the Irwin County Detention Center, activists interrupted President Joe Biden, demanding that he "abolish private detention."
Persons: Dawn Wooten, Dr, Mahendra Amin, Amin, Shahshahani, it's, Irwin, Biden, Joe Biden Organizations: ICE, Detention, Customs, Detention Center, Los Angeles Times, LaSalle Corrections, Stewart Detention, CoreCivic, Detention Watch Network, Department of Homeland, Department of Justice, Miami Herald, GEO Group Locations: Irwin, Georgia, Atlanta, Irwin County, Florida
She was detained in April 2020 and held for just shy of seven months in this detention center in El Paso, Texas. Come to the door!” Most people in ICE custody don’t have a single criminal conviction. He’s a commissioner in Frio County, Texas, a small county just south of San Antonio with a population of only 20,000 people. “I think we probably need to put more pressure on them.” ICE detention is a $3.1 billion industry, funded entirely by U.S. taxpayers. To date, at least 10 people have died of Covid-19 after spending time in ICE custody.
Persons: ” “, didn’t, ” Sandra, She’s, , , Sandra, , , wasn’t, it’s, Jose, ” Jose, we’re, Neal, “ It’s, Nataly, Blanca Garcia, CoreCivic, wouldn’t, ” CoreCivic Organizations: Customs Enforcement, Enforcement, ICE, , South, South Texas ICE, GEO, GEO Group, U.S, New York Times, U.C.L.A, Detention Locations: U.S, El Paso , Texas, Covid, Jose Asuncion, He’s, Frio County , Texas, San Antonio, South Texas, Pearsall, Frio County, Texas, New York, Frio, Arizona , California, Florida, Georgia, Louisiana, New Mexico, Webb, Laredo , Texas, Blanca, CoreCivic
Live Covid-19 Live Updates: In Reversal, U.S. Will Send Vaccine Materials to Stricken India U.S. vaccinations are slowing, though new virus cases remain high. “You have a wonderful day today.” What makes this county unique is that it’s home to two ICE detention facilities. “I think we probably need to put more pressure on them.” ICE detention is a $3.1 billion industry, funded entirely by U.S. taxpayers. It’s about the risk of spread that occurs at ICE detention centers and then who comes into contact with them and where are they going. The New York Times compared estimated infection rates in ICE detention centers with infection rates in prisons and in the general population.
Persons: Atul Loke, Biden, ” Emily Horne, Covishield, Jake Sullivan, Ajit Doval, Ned Price, ” Milind Deora, — Milind Deora, देवरा, Adar Poonawalla, , “ We’ve, Narendra Modi, India’s, crematories, Modi, Karan Deep Singh, Dmitry Kostyukov, Ursula von der Leyen, Johnson, von der Leyen, James Estrin, “ We’re, Mark McClellan, Duke, haven’t, Dr, McClellan, Ashish Jha, — aren’t, ” Isabella Grullón Paz, Andrea Kannapell, we’ll, Anthony S, ” “, Fauci, ” Dr, Francis Collins, Collins, , you’re, that’s, Brittany Greeson, coronavirus, Erin Brennan, Jennifer Nuzzo, Mitch Smith, , George Etheredge, Emily Kask, didn’t, ” Sandra, She’s, Sandra, , wasn’t, it’s, Jose, ” Jose, we’re, Neal, “ It’s, Nataly, Blanca Garcia, CoreCivic, wouldn’t, ” CoreCivic, Stephanie Bartlett, Cheryl Rixey, Kim Raff, Andy Gienapp, Frank Del Rio, Richard Drew, David Calhoun, We’ve, Nell Minow, Murtaja Lateef, Khadhim Bohan, Bohan, Mustafa al, Khadimi, Ibn, Falih Hassan, Kim Reynolds, Brian Powers, Mike DeWine, who’s, Reynolds, Cavalier Johnson, Ron Johnson, Mr, Shelley Moore Capito, Ms, Capito, Melina Delkic, Adam Dean, Prayut Chan, Six60, David Rowland, ” Six60, Eric Chou, Marlon Williams, Benee, Courtney Barnett, Manacor ” — Organizations: Will, The New York Times, National Security Council, AstraZeneca, Oxford, Government, Biden, State Department, United States, Twitter, Center for Disease Control, Serum Institute of India, DELHI, Facebook, European Union, The New York Times BRUSSELS, Covid, European Commission, European Medicines Agency, The Times, E.M.A, Moderna, Pfizer, BioNTech, New York, Centers for Disease Control, Drug Administration, for Disease Control, Food and Drug Administration, Margolis Center, Health, Duke University, , New, Brown University School of Public Health, National Public Radio, ., New York Times Top, Sunday, ABC News, Press, National Institutes of Health, Medical, Beaumont Hospital, The New York Times Hospitals, Michigan Health & Hospital Association, Public, Johns Hopkins Bloomberg School of Public Health, Disease Control, Walgreens, Times, Enforcement, Customs Enforcement, ICE, U.S, South, South Texas ICE, GEO, GEO Group, New York Times, U.C.L.A, Detention, Credit, United, Customs, The New York Times Ambulance, Ambulance, Wyoming Department of Health, Medicare, Norwegian Cruise Line, York Stock, Associated, Norwegian Cruise, Hilton, ValueEdge Advisors, , Iowa, Des Moines Register, Associated Press, Gov, CBS, National Guard, City, Navajo, CNN, Thai Retailers Association, Zealand, Taipei Arena, Zealanders, TikTok, Spanish, The National Police Locations: India U.S, Michigan, India, Mumbai, United States, United, U.S, Hyderabad, Canada, Mexico, East Delhi, Credit, American, New Delhi, Nashik, Paris, Brussels, , Greece, Britain, Newark, White, New York City, Newark , N.J, New York Times Top U.S, Royal Oak, Mich, Detroit, New York, New Orleans, El Paso , Texas, Covid, Jose Asuncion, He’s, Frio County , Texas, San Antonio, South Texas, Pearsall, Frio County, Texas, Frio, Arizona , California, Florida, Georgia, Louisiana, New Mexico, Webb, Laredo , Texas, Blanca, CoreCivic, Sweetwater County, America, Wisconsin, Wyoming, Norwegian, Baghdad, Khatib, Iraq, Iowa, Ohio, States, Missouri , New York, Arkansas, Milwaukee, West Virginia, Thailand, Bangkok, The New York Times BANGKOK, California, South Africa, Zealand, Eden, Auckland , New Zealand, Associated Press AUCKLAND, New Zealand, Spain, Taiwan, China, Australian, New Zealand’s, Auckland, Gisborne, Tasman, Australia, Manacor, Majorca
On today's show, Phil LeBeau breaks down how airlines are calling pilots to work as they prepare for a busier summer schedule now that so many Americans are vaccinated. Plus, Brian Schwartz explains his reporting on the corporate backlash to new voting laws that critics say harm the voting rights of people of color. The Brennan Center for Justice lists three Florida proposals that it says, in their current form, would amount to voter restrictions. But the possibility of Tesla beating estimates is "clearly already in valuation," Irwin told CNBC's "Squawk Box Asia" on Tuesday. Mudrick Capital and funds and accounts managed by Gamco Investors and Wells Capital Management are expected to invest an additional $250 million in the SPAC.
Persons: Pippa Stevens, Phil LeBeau, Brian Schwartz, Roth, Craig Irwin, Tesla, Irwin, CNBC's, Michael Eisner Organizations: Disney, Brennan Center for Justice, GEO Group, CenturyLink, Lumen Technologies, Roth Capital, Tesla, Topps, NFTs Topps, Mudrick Capital, Mudrick, Gamco Investors, Wells Capital Management, Madison, Partners Locations: Florida, Expedia
State lawmakers sponsoring these bills have seen contributions from media giants Disney and Charter, prison behemoth the GEO Group, insurance company Geico and trip planner Expedia, along with CenturyLink and other massive corporations. Since 2018, Disney has contributed more than $8,000 to the campaigns of the three lawmakers sponsoring similar Florida voting bills, according to state campaign finance records reviewed by CNBC. The GEO Group, which builds and invests in prisons across the country, has also been a major donor to Florida lawmakers sponsoring restrictive voting bills. The company has given more than $3,000 since 2018 to state lawmakers sponsoring potential restrictive voting bills. Geico, the insurance giant, gave at least $3,000 to one of the sponsors of a new voting bill, records show.
Persons: Donald Trump, Joe Biden, Mike Bloomberg, Trump, Brian Kemp, Michael Dell, Mitch McConnell, McConnell, Lumen, Geico, Bruce Freed Organizations: Disney, Brennan Center for Justice, GEO Group, CenturyLink, Lumen Technologies, Republican Georgia Gov, Major League Baseball, Corporate, Dell Technologies, Republican, Public Citizen, CNBC, Public, Walt Disney, Sunshine State, GEO Care, Citizen, GEO, Electoral, NBC, Miami Herald, Capitol, Political Locations: Florida, Expedia, Atlanta, Delta, Texas, Ky
Randal Nardone, a co-founder of investment firm Fortress, gave $2,800 to Perdue that same day. Jane Goldman, who runs real estate firm Solil Management, gave $2,800 to both Perdue and Loeffler through the last two weeks of December. In late December, Robert Grammig, a partner at law firm Holland & Knight, gave $2,800 to Loeffler. Karen Pritzker, an investor and billionaire heir to the Pritzker family fortune, gave $2,800 to Ossoff on Dec. 23, records show. George Van Amson, a longtime managing director at Morgan Stanley, gave $1,000 to Warnock's campaign Dec. 14.
Persons: Kelly Loeffler, David Perdue, Republican Sens, Raphael Warnock, Jon Ossoff, Perdue, Joe Biden, Biden, Mike Novogratz, Warnock, Ossoff, Novogratz, Perdue's, John Paulson, Paulson, Randal Nardone, Edward Mule, Richard Kent Long, Neal Aronson, Roark Capital, Clifford Asness, Glenn August, Steve Witkoff, John Lehman, Jane Goldman, Forbes, Goldman, Jeffrey Sprecher, Sprecher, Loeffler, Robert Grammig, Grammig, Jared Yavers, Thomas Hauske Jr, Karen Pritzker, Pritzker, Alan Pardee, George Van Amson, Morgan Stanley Organizations: Republican, Democratic, GOP, Wall Street, CNBC, Ad, Commission, New York Times, Department, Justice Department, Fortress, Silver Point, GEO Group, Roark, Capital Management, Oak Hill Advisors, Witkoff, Lehman & Company, Solil Management, Loeffler, Intercontinental Exchange, New York Stock Exchange, Responsive Politics, Holland, Knight, Yellow Cab Holdings, Marshall, Capital, Valor Equity Partners Locations: Milton , Georgia, Georgia, Perdue, Oak, Wisconsin
US Judge Vince Chhabria on Thursday accused an ICE official of lying to cover up the "deliberate indifference" to the lives of immigrants at a privately-run detention center. Over the summer, over half of those detained at the Mesa Verde ICE Processing Center contracted COVID-19. It also requires facility staff to segregate detainees who have tested positive in separate dorms. Bree Bernwanger, an attorney with the Lawyers' Committee for Civil Rights in San Francisco, argues that the behavior documented by Judge Chhabria should be a lesson to President-elect Joe Biden and his team. "The new administration should take heed of the court's observation that ICE and GEO have lost the right to be trusted."
Persons: Vince Chhabria, Chhabria, Alexander Pham, Williams Mattias Rauda, Bree Bernwanger, Judge Chhabria, Joe Biden, Bernwanger Organizations: Mesa Verde ICE Processing Center, GEO Group, Visit, Court, American Liberties Union, US Immigration, ICE, GEO, ACLU, Lawyers, Committee, Civil Rights Locations: Bakersfield , California, Northern California, COVID, Nothern District, California, Verde, Mesa Verde, San Francisco
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