Business news is the branch of journalism that covers economic, commercial and financial events and activities. It is often published in newspapers, magazines and online. Some of these publications are general in scope, covering a range of industries, while others are focused on particular fields or sectors. In addition to news, this area of journalism may also cover processes, effects, consequences and important people in the world of business.
Business is the work done by an individual or a group to produce, buy and sell goods and services in order to make a profit. This can include anything from a small one-person operation to massive multinational corporations. A person’s own personal business may include an art or hobby. In the case of a company, it may be the production or sale of products such as clothing, shoes or furniture. The business may be an established product or a new idea in the works.
The term business is also used when talking about the profitability of an enterprise, and the success or failure of a specific company. A business that is doing well may have a large turnover, and the owners or shareholders will likely benefit from this. Conversely, a company that is failing may be losing money and the owners or shareholders will lose out on a return on their investment.
Businesses are often created to serve a need or fill a gap in the market. For example, a company might produce an item that is not available elsewhere, such as a certain type of clothing or a new type of car. This can help the company to gain a competitive advantage over other companies that are not offering similar products or services.
When the business is doing well, the owner may wish to expand or invest in other projects. However, this is often a risky endeavour and requires careful consideration of the market before making any decisions. In addition, a business will need to make sure that it is financially stable enough to weather any bad times, which can occur even for very successful companies.
A good source of business news is the local newspaper, although online sources can also be useful. Many of these sites offer both national and international news, and some even provide coverage in multiple languages. Additionally, there are a number of trade publications that focus on specific areas of business, such as accounting, finance and economics.
The Library of Congress offers a variety of print and microform business news sources, including local and regional newspapers and trade publications. For more information about these resources, consult this guide’s Search the Catalog page or Ask-a-Librarian.