Chris Hedges @ Truthdig - Shares in the Philadelphia-based Aramark Holdings Corp., which contracts through Aramark Correctional Services to provide the food to 600 correctional institutions across the United States, went public Thursday. The corporation, acquired in 2007 for $8.3 billion by investors that included Goldman Sachs, raised $725 million last week from the sale of the stock. It is one more sign that the business of locking up poor people in corporate America is booming. Read more.
Levels in Lake Mead – the largest US reservoir by volume – fell to historic lows on Thursday, as the region continues to face the effects of a devastating prolonged drought. Read more .