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As journalists and business-minded folk scramble to solve the media crisis, three 21-year old women believe they have created a working model for online content--which makes sense, given that they come from the same school where Mark Zuckerberg launched Facebook. After winning Harvard's i3...

Here's a cautionary tale for anyone who has someone come to the door selling magazines. Susan Lewis had her doubts about the two young men who stopped by her house last week to sell her a magazine subscription, but she agreed to listen to their sales pitch. One of the men pulled out a $20 bill and...

Sam's Club and Superior Financial Group are testing an online program to offer loans of $5,000 to $25,000 to qualified members, Sam's Club said in a statement.

Wal-Mart's battle to breach big cities is actually beginning to bear fruit. The behemoth's years-long attempt to open stores in Chicago is finally progressing. Wal-Mart is moving ahead with plans to open dozens of new locations within the city limits. If the "Chicago Community Investment...

Novartis Pharmaceuticals was found guilty of sex discrimination and slapped with hefty fines. The jury's verdict sends a strong message to Wal-Mart which is facing its own sex discrimination case.

It's assumed that expanding health coverage is the same thing as improving Americans' health. Not true. If Congress were serious about improving health, then some of the $1 trillion for health reform could go toward fitness programs, including rebates for being fit.

Nothing can be more detrimental to a retailer than arrogance. Once it gets too big and has blown away any competition, retailers often focus more on serving their own needs, customers be damned. Two best-in-class retailers have recently begun showing signs of self defeating arrogance in a way...

Wal-Mart agreed to pay $40 million to settle a lawsuit filed in Massachusetts that alleged the big-box retailer cheated 87,500 current and former employees in the state out of pay and failed to obey work rules. The class-action suit, filed in 2001, accused Wal-Mart of altering time cards, refusing to pay overtime, and denying workers rest and meal breaks.

More than 2.1 million drop-side cribs are being voluntarily recalled by their manufacturer, Stork Craft Manufacturing, Inc., after four incidents in which infants were trapped and suffocated, according to the Consumer Product Safety Commission. The recall includes about 147,000 cribs with the...

Sales of kid's clothing and jeans helped a slimmer Gap (GPS) deliver its best third-quarter results in this decade. Now, management says it's going after market share, even in this tough market. The parent of The Gap, Old Navy and Banana Republic posted net income of $307 million, up 25% over a...