A business is a commercial organization, which engages in buying and selling products or services for profit. A business can be private, government-owned, or nonprofit and may produce a product or provide a service. A business can also be organized as a partnership or corporation. The term business is most often used to refer to for-profit enterprises, but may also refer to non-profit or charitable organizations that conduct commercial activity in fulfillment of a mission.
News about business can be found in a variety of sources, including newspapers and magazines and online. These publications can offer broad coverage of the worlds of business, finance and commerce or they can be more industry specific, focusing on a particular sector within the economy. Financial news can also be presented in a number of ways, from written articles to videos and podcasts.
The Library of Congress has many resources for business researchers, including print and microform collections of newspaper titles, as well as business journals and periodicals. The Business Reference Services Department can help you identify and locate resources in the collection that meet your research needs. You can contact them via email at Ask-A-Librarian if you have additional questions.
In recent years, there have been a number of stories in the news about businesses failing or going under. Some of these stories have been due to the economic downturn and others have been due to issues such as management problems, poor sales or competition from other businesses. The collapse of a business can have devastating effects on employees, investors and local communities. Business news can keep you updated on the status of a business and its impact on the community.
Some of the biggest businesses in the world are technology companies that sell various services and products to consumers. For example, Amazon is an online retailer that offers a wide range of products from books to food. They also have an extensive digital media business that includes streaming services for movies and television shows. Other large businesses include Apple, which sells computers and a host of other electronic products, and Google, which provides search and advertising services.
Some people believe that the concept of business is too important to be left solely in the hands of private corporations. These individuals advocate that business should be regulated in the same way that other industries are regulated. While this approach does have some benefits, it is not without its drawbacks. For one, it can take a long time to regulate a business because of the legal process and the fact that businesses are constantly evolving. Another drawback is that it can place too much power in the hands of the regulators, who may be influenced by lobbyists and other powerful special interests. These concerns are not without merit, but they should be balanced with the need to allow businesses some flexibility to adapt to changing conditions.