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Aug 18, 2016

Marketplace for Thursday, August 18, 2016

The Justice Department announced today that it will end the use of private companies to run prisons; how the government plans to pay for the flood damage in Louisiana; and how coal companies in bankruptcy are getting out of huge liabilities for cleaning up their mine sites because of a loophole

Record-breaking rains pelted Louisiana over the weekend leaving the city with historic levels of flooding that have caused at least seven deaths and damaged thousands of homes. 
Record-breaking rains pelted Louisiana over the weekend leaving the city with historic levels of flooding that have caused at least seven deaths and damaged thousands of homes. 
Joe Raedle/Getty Images

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The Justice Department announced today that it will end the use of private companies to run prisons; how the government plans to pay for the flood damage in Louisiana; and how coal companies in bankruptcy are getting out of huge liabilities for cleaning up their mine sites because of a loophole