TONY HARRIS, CNN ANCHOR: As the Red Cross begins its largest ever relief efforts and corporations are lending a hand, Carrie Lee joins us now with a look at a few of the companies helping out. Good morning -- Carrie.</s>CARRIE LEE, CNN FINANCIAL NEWS CORRESPONDENT: Hi, Tony. Well, a couple of the home improvement chains are getting involved. Lowe's, for one, says it has hundreds of truckloads full of emergency supplies ready for relief efforts. And Lowe's is also going to take donations from customers to the Red Cross at its stores and on its Web site. Lowe's is going to match those donations up to $1 million. Also, Wal-Mart is donating $1 million to the Salvation Army. And like Lowe's, it has set up ways in its stores and on its Web site for customers to support relief efforts. Finally, T-Mobile is offering free Wi-Fi service at its hot spots in Louisiana, Mississippi and Alabama through Friday. Katrina may turn out to be one of the costliest storms ever. One risk consulting firm is now estimating insured damages could be anywhere from $9 billion to $16 billion. And the impact may be felt by consumers all over the country. Just to put that in perspective, Hurricane Andrew back in 1992 cost almost $21 billion. Meanwhile, prices for products from the Gulf Coast region could rise sharply. This includes everything from seafood, shrimp, oysters, catfish, poultry, cotton, and, of course, oil. Oil futures rose $1 a barrel yesterday to about $67, but that was well off the overnight high of over $70. That all cleared the way for stocks to rise yesterday. But right now oil is moving back about 68, and stock futures are pointing to a solidly weaker open this Tuesday morning -- Tony.</s>HARRIS: Carrie Lee. Carrie, thank you. And up next on DAYBREAK, we'll take you back to New Orleans. The trouble there is far from over. Levies that everyone thought had held now appear to be giving way. We've got the latest. And back to Biloxi, the damage there is massive. The latest on the rescue efforts are coming up.
Relief Efforts Under Way For Storm Victims