Business news is the type of news that focuses on commercial activities within a society. This news type is often found in newspapers, magazines, radio and television-news shows. This information is important to individuals who are interested in the financial growth of a nation and its people.
A company or entity that seeks to make a profit is referred to as a business, but a person does not have to be an owner of the company in order to be considered a business. The word business is also used in compound form to describe the particular industry a company operates in, such as the music business or real estate business.
Businesses can be small operations, such as a local bakery or a coffee shop, or they may be massive corporations, such as Apple or Walmart. In the latter case, the term business usually refers to the company’s revenue and earnings.
The goal of most businesses is to turn a profit, and this is accomplished by selling goods or services for more than they cost to produce. Regardless of how they achieve this goal, all businesses must take care to maintain the balance between their fixed and variable costs, as well as to control their cash flow. This is a key factor in maintaining profitability, and it is the focus of many business news articles.
In addition to news articles, business news is also published in the trade press, which consists of journals and newsletters that target specific industries. Thousands of trade publications exist, covering everything from small ad campaigns to new technological developments that affect the businesses they serve. These trade publications offer companies the chance to reach a highly targeted audience and get their message out, without having to compete with other business-related content in the mainstream media.
Many metropolitan areas have daily or weekly newspapers that include a business section. These publications tend to concentrate on local businesses, providing information such as management-level new hires and promotions, times of meetings for business clubs and coverage of how local business stocks are doing in the stock market. In addition to these newspapers, there are national business publications that cover larger business trends and developments.
The Library of Congress provides access to a large number of print and microform business news sources. These resources are located in the Newspaper and Current Periodical Room and are available to researchers worldwide. The Business Reference Services staff is available to answer questions about these resources. For more information, see the Business Research Guide and Ask-a-Librarian.
Skye Schooley is a staff writer for Business News Daily who creates human resource-related content that helps small business owners manage their workforce and improve workplace culture. She performs extensive research and interviews industry experts to produce articles that are geared toward helping businesses build efficient teams and foster diversity and inclusion in the workplace. Prior to joining Business News Daily, she worked in the B2C space and gained experience performing marketing and data analysis.