Business news is a broad category of journalism that covers the economic and financial activities that take place within a society. It is one of the most important forms of news reporting, and it often appears in newspapers, magazines, radio, and television-news programs.
Businesses range in size from sole proprietorships to large international corporations. They can be categorized by their underlying product or service and can also be defined by the industry in which they operate.
Investopedia Explains Business
A business is an organization or enterprising entity engaged in commercial, industrial or professional activities. They may be for-profit entities or non-profit organizations fulfilling a charitable mission or furthering a social cause.
The term business is sometimes used interchangeably with the words commerce, trade, industry and traffic. It refers to the production of goods or services by manufacturing, processing, or selling them in a large or small volume, often on a global basis.
For example, the oil company ExxonMobil conducts its business by producing and selling oil. The company also operates a mattress factory and distributes its products worldwide.
Companies have become so powerful that some are able to manipulate their way around legal and regulatory constraints, creating a world where personal greed is allowed to run wild. It is easy to blame the leaders of the corporations on which we rely for this abuse, but such charges should be taken with a grain of salt.
It’s time to rethink the way we talk about business and business people.
In an era where sustainability and social responsibility are often treated as pursuits that only the wealthiest can afford, it is more than appropriate to speak about the role of business in our society. Rather than see it as an opportunity to despoil, we should view it as a means of advancing the common good and ensuring a healthy environment for everyone. If we want to do that, we should pass laws and enforce regulations so that businesses can be held accountable for what they are doing, rather than letting them do it without restrictions.