Business News is the branch of journalism that tracks, records and analyzes commercial and economic activities and changes that occur within societies. Business news may be published in newspapers, magazines or on radio and television. It is most commonly associated with financial news, but can also include human resources and industry news. In the United States, many television and radio news programs have a dedicated business segment. Several online-only news outlets specialize in business news, as do many major print and online publications. The famous muckraker Ida Tarbell is widely credited with starting business journalism as we know it today.
Businesses can be of any size, ranging from small operations in a single industry to multinational corporations. The primary function of a business is to earn profit through the exchange of goods and services for money or other considerations. A business can be organized in a variety of ways, such as a sole proprietorship, partnership, corporation or limited liability company. Regardless of the structure, businesses must obey legal and ethical guidelines in order to be successful.
A business is an activity undertaken for the purpose of earning income and acquiring wealth, which can be used to meet the needs and wants of the owner and his or her family. According to the American Management Association, a business has three basic functions: to produce products, provide services and make money. In addition, a business has various objectives, including to create a customer base, make a profit and generate growth.
Creating and maintaining a business requires significant financial investments, both in terms of time and money. As a result, it is important for those involved in business to keep abreast of current events in the world of finance. The news of businesses that fail or have trouble meeting their financial obligations can affect the confidence of investors and the overall economy.
As the leading source of news for New York City’s business community, Crain’s delivers the latest in local and national business news, as well as in-depth analysis on issues that impact companies of all sizes. Whether you’re seeking insight into the state of the economy, tips on how to run your own company or the latest celebrity venture, you can find it all in Crain’s.
Stephanie Presley has edited thousands of pieces of business content in her career as a copy editor. She is currently the editorial director of a B2B website and leads a team that oversees marketing, copy editing and strategic initiatives. She has also worked in the consumer-tech digital publication industry. She is a graduate of Weber State University in Utah, where she served as a copy editor for the school newspaper, The Signpost. She enjoys writing, reading and playing guitar. She lives a half-hour from Boston with her two dogs. She is an avid runner and hiker. She also enjoys yoga and volunteering at a dog shelter.