- McClatchy Tribune
Rosedale Walmart to reveal fully renovated store
The Walmart in Rosedale will unveil a new store design Wednesday. The three-month renovation of the store on Petrie Way includes wider aisles, a brighter interior and signs that are easier to read. The store will also group departments consumers frequent most for quicker shopping. For example, home wares is near grocery. There is also a new section called Celebration Station, which focuses on party supplies. The store was open during its renovation.
- Andrea K. Walker
Government counting on shame to help loan effort
WASHINGTON - The Obama administration wants to shame the mortgage industry into doing a better job of helping borrowers avoid losing their homes to foreclosure. By publishing the names of companies that are lagging behind in the government's plan to ease the housing crisis, officials are counting on public outrage to get the industry on track. The Treasury Department today plans to report on the progress of loan servicers - companies that collect mortgage payments - that are in line for up to $50 billion in subsidies. When the plan was launched in March, the government said it hoped to help up to 4 million financially distressed homeowners modify their mortgages to lower their payments. As of last week, just 200,000 homeowners were on track to get a modification, and the government has extracted a verbal promise to reach 500,000 by Nov. 1.
- Associated Press
United Airlines, Jet Blue tweeting cheap fares
Tech-savvy fliers who are members of the micro-blogging site Twitter have a new way to find last-minute fare deals. United Airlines and JetBlue have introduced Twitter-exclusive promotions - "twares" in the case of United and "cheeps" for JetBlue. These deals reward the companies' Twitter followers, or those that sign up to receive the airlines' updates via the site. The deals are announced on Twitter and can disappear within hours. JetBlue set up a special account, "JetBlueCheeps," that posts fresh deals every Monday morning. United Airlines, meanwhile, offers its "twares" through its main Twitter account, "UnitedAirlines." The deals can come at any time and usually expire within two hours.
- Chicago Tribune
