Business news is a type of journalism that reports on economic and financial events. This category of news can be found in newspapers, magazines, online, and on radio and television. It is one of the most popular and influential genres of journalism in the world.
The term business was first used in 1700 by Daniel Defoe in his novel Robinson Crusoe. However, the idea of businesses existed long before this. People have been making a living through trading goods and services since prehistoric times. The practice became formalized in the earliest modern economies, with the founding of corporations and the development of stock markets.
Most businesses exist to make a profit. They do this by offering goods or services that people want or need, and then charging for them. The term “profit” refers to the difference between the selling price of a good or service and the cost of producing that good or service. Businesses may also gain income from investments, fees for consultations and other sources.
A business can be a sole proprietorship, partnership, corporation, or other legal entity. The owner of a business is called a principal. Other people who work for a principal are known as employees. A business can also be a nonprofit organization, which is run by volunteers and does not seek profits or dividends.
The business of a company is the sum total of all its operations. These include the production of goods and services, investment in other companies, and other commercial transactions. A business can be small or large, local or global. Large businesses are often listed on stock exchanges, and are regulated by government agencies. Small businesses are often not regulated and may compete with larger businesses unfairly.
Business News Daily is a New York-based online business news publication. Founded in 2016, the website covers a wide range of topics related to the economy, businesses, and individuals. The site’s editors and contributors have a diverse background, including experience in finance, technology, marketing, and more. The site reaches millions of readers each month.
Kevin Hannon is a senior UI/UX designer at Business News Daily, where he leads product interface design, ideation, iteration, and testing. He has 20+ years of design and user experience expertise in fields like education, telehealth, and finance. He has worked with brands like CVS Health and J.Jill to design better products and user experiences.
Eric Noe is editor-in-chief at Business News Daily, where he runs all editorial content operations. He has 15 years of experience running digital content teams in traditional media and the startup world. He has built global and business news sites, overseen philanthropic social impact campaigns, and created brand-building content and marketing partnerships. At BND, he collaborates to empower colleagues with actionable data through self-service dashboards and data analyses. Outside of work, he enjoys traveling, hiking, and volunteering in his community.