Apollo
Harrah's Will Go Public, Sell as Much as $575 Million in Shares
Harrah's Entertainment Inc. said it plans to sell shares to the public, almost three years after the casino operator was taken private by Apollo Global Management and TPG.
Amtrak's High-Speed Rail Plan: Can't We Do Better?
Earlier this week, Amtrak released its proposal to build a new high-speed rail line connecting Boston and Washington, D.C. The project will cost over $100 billion and take 25 years to build. While rail enthusiasts may be pleased, you have to wonder: why is it going to take so long? Here's a look at other great infrastructure projects that took much less time to build.
Selling Education Short: For-Profit School Stocks May Be Ripe for a Fall
Since George W. Bush gutted regulations on the for-profit education industry, it has reaped huge profit growth, while appalling percentages of its students drop out with no degrees and big debts. Reregulation could lead those profits to plummet.
