Business News is a genre of journalism that reports on the commercial, economic and financial activities and changes that occur in societies. It encompasses the entire spectrum of business and trade, including small local enterprises such as ice cream vendors and manufacturing companies to multinational corporations and global investment firms like Goldman Sachs and Apple. Business news can be found in a wide variety of publications including newspapers, magazines and online sources. Some of these outlets focus on the larger issues and trends in business, while others are industry-specific, reporting on news that affects businesses within specific industries.
In the broadest sense, business is any activity undertaken with a view to profit or gain, whether it be through the production and sale of goods or services, or the acquisition and management of assets. Despite its seemingly simple, utilitarian definition, business is a complex and interwoven ecosystem that serves many vital purposes: it creates products and services that fulfil human needs, provides employment, drives economic growth and innovation, and contributes to the welfare of societies through job creation and the stimulation of creativity.
For most of history, business has been defined by an ethic of self-interest and the pursuit of profits. It has also been driven by the need to adapt to changing environments and the need to innovate and compete in new markets. As such, it has fostered many of the values that have made our modern society so successful. However, some businesses have been accused of exploiting employees and the environment or engaging in unethical practices. This has often been a result of personal greed or an insufficient level of scrutiny of corporate affairs.
Adam is a journalist and content editor with over 10 years of experience. He has covered a variety of topics, but his primary interests are small business and entrepreneurship. His work has appeared in a range of publications, from national titles to niche online outlets. Prior to joining Centerfield, he spent time in the technology sector and has an MBA from Rutgers University. He currently lives in Brooklyn, NY.