Companies like Groupon, which rely on bargain-seeking consumers to spread the word, have enjoyed rapid growth. Mobile startup Solavei aims to become the next “social business.”
Editor’s Note: In an era of slow growth, smart companies seek to appeal to penny-pinching consumers while avoiding expensive upfront costs and capital expenditures. This article is the first in a series, The Austerity Economy, that highlights innovative business models that are attuned to the zeitgeist. Send your nominees for companies we should be highlighting to: firstname.lastname@example.org.The slow-motion recovery is now in its fourth year.
With an Ohio Walmart hosting a holiday food drive for its own workers, The Daily Beast's Michael Tomasky criticizes the notoriously stingy company for not paying them more.
How a text messaging service is getting aid to the most remote areas hit by Sandy.
Wireless and mobile technology may have untethered legions from their cubicles, but companies are still spending billions to erect new green buildings.