Apollo

Apollo in Talks to Purchase Regis Corp.

Private equity company Apollo Management is in discussions to buy Regis Corp. (RGS), a Minneapolis company that runs more than 12,000 hair salons, The New York Post said. The discussions are not yet in their final stages and it is not certain the two parties will reach a deal, The New York Post said without naming its sources.

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?

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 experienced huge profit growth, while appalling percentages of its students drop out with no degrees and big debts. But if the government restores consumer protection regulations, look for those profits to plummet.