Tropical Storm Isaac's Rains Flood Louisiana Town

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Aug. 29 (Bloomberg) -- Rains from Tropical Storm Isaac flood LaPlace, Louisiana, a city of about 32,000 between New Orleans and Baton Rouge. Hurricane Isaac was downgraded to a tropical storm as it weakened over Louisiana, where it will linger with heavy wind-driven rain for two days while easing the threat to offshore energy production. (Source: Bloomberg)