In North Carolina, Wal-Mart has unveiled a new ad campaign in the Charlotte area. The ads are unusual because they target the small, regional grocery chain Harris Teeter. Wal-Mart is the largest retailer in the world. Harris Teeter is 207th. In the commercials, Wal-Mart says it sells the same items as the local chain, but for less.
This morning, the death toll rose in areas affected by extreme weather in the Midwest and the South. Towns have been wrecked and the number of people missing is unclear. Now, residents are starting to sift through the wreckage and recover what they have left.
At least 28 people have been reported dead. (Note: This number is bound to change, and we'll update as we have more information.)
There was one little-noticed part of this week's announcement about the $25 billion national mortgage settlement. North Carolina's banking commissioner, Joseph Smith Jr., will take over a new role and serve as independent monitor. He'll oversee the five banks which agreed to new mortgage loan servicing and foreclosure standards.