Wal-Mart’s new CEO Mike Duke took another step towards delivering on his promise to promote diversity at the Bentonville-based retail giant on June 22 by naming L. Mecole “Cole” Brown to oversee the company’s diversity efforts. Wal-Mart hired Brown in 2002, and she was named vice president of employment... 

A product recall is every company’s worst nightmare. But for tiny Matrixx Initiatives (MTXX)–maker of Zicam cold remedies–the June 16 recall of two of its products was particularly painful. The company’s herbal nasal gel and swabs, recalled because of reports that some patients lost their sense... 

Older Internet users may remember the battles over the commercialization of the web in the early 1990s, when the first Mosaic browser was introduced. Back then, pioneering adopters passionately condemned the first web advertisers and tried to bring down their sites with “flaming” attacks. The fight was lost...