expensify

Expense reports: They are the bane of the busy business traveler. Between saving all those receipts, scanning them, documenting, and filling out the paperwork, recouping your money can be a mammoth time suck. It doesn't have to be.

Silicon Valley VC Redpoint Ventures, which is leading the Series A investment round, is convinced that Expensify co-founder David Barrett's strategy of getting small-biz employees hooked on its expense-report smartphone apps is the key to a huge market.

Here's news from the business world and other money matters to watch out for Friday (last updated at 7:09 a.m. Eastern time): New 'Tech Titans' Emerge: Economic downturns typically breed innovation in the business world. Given the depth of the Great Recession, it's no surprise then that a whole...