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Foursquare is active in more than 100 cities, but the key to getting new users is the site's plan to work with businesses to give freebies to loyal users. So far, some 200 businesses have signed on, including the Modmarket eatery in Boulder, Colo., which gives free pizza to users who check in 10 times and a free drink to the current mayor. "We get multiple people coming in and mentioning it," says owner Anthony Pigliacampo. "We're pretty psyched about...
...event connected green luminaries like Al Gore with the unfamous people who direct hundreds of billions in private investment. This was the fourth annual summit, but it may have been the most fortuitously timed of the lot - occurring after Copenhagen, before the U.S. Senate begins its real work on climate legislation this year and just as investors begin to climb out of the recession. The feeling at the session was hopeful - investors, especially large-scale institutional funds that need to worry about the long term, are ready to bet on cutting carbon - but impatient. The key, as many of them...
...which would limit the amount of carbon industry can produce and allow manufacturers to buy and swap credits, so that those who come in under the limit can sell polluting permits to those who exceed it. It's speculative capitalism with a bright green tint. For the idea to work, the private-investment community needs TLC from government policy: transparency, longevity and certainty. "That's what investors are looking for," says Kevin Parker, global head of Deutsche Bank's asset-management division. "But they're not getting it at the global level." (See the top 10 scientific discoveries...
...economy, that's true - and the same could have been said for the growth of the United States at the end of the 19th century. But in the areas of media and the Internet, it isn't. There, China has a thriving culture of thirtysomething entrepreneurs, many with U.S. work experience, who are creating home-grown franchises catering to the burgeoning world of the web in China. Baidu, the rival search engine to Google, is most in the news lately; others include web portal and entertainment companies Sina and Netease; on-line, multi-user gaming company Shanda (which recently made...
...served to fuel the housing bubble. Ohio State University professor René Stulz, who has studied the financial crisis, says Caballero has hit on a critical contributor. Says Stulz, "Investors looking for safe investments in the U.S. created a demand for new products that caused our financial system to work differently from how it had worked in the past and to become more fragile in ways that were not well understood at the time." (See the top 10 crooked CEOs...