Business news is the area of journalism that covers commercial and economic news. Business news is typically found in newspapers, magazines and on radio and television news shows. Business news articles cover topics such as financial trends, corporate governance, company strategies and the overall economy. The business world is often complex and unpredictable, so a good source of business news is essential to staying on top of your game.
Historically, businesses have been motivated primarily by profit. In order to achieve profitability, they need to sell goods or services to customers at prices that are higher than their costs. If the price is not high enough, the business will not be able to compete with competitors and will not have an opportunity to make a profit. A business may also be motivated by the desire to serve a particular market niche. For example, a restaurant may open with the hope of becoming the best place to go for a particular kind of food.
In addition to profits, a business may be driven by social or environmental goals. These goals may be a driving force behind a business’ decisions to expand into new markets, or to invest in technology that will improve efficiency. Social or environmental goals may also motivate a business to create jobs and stimulate the economy.
A business may also be motivated by the desire for power and prestige. It is common for businesses to attempt to gain influence by acquiring other companies or by creating cooperative ventures. A business may also try to gain power and prestige by influencing government policy.
The Observer’s Business section provides the latest news on the global economy and the companies that are shaping it. It offers expert analysis and insight on the forces that drive the business of doing business, and features profiles of the people who run some of the world’s most powerful organisations.
Follow the latest business news with The Observer’s Business Live. It features live blogs, videos and news updates from across the globe.
As a senior data analyst at Business News Daily, Kevin Hoe is responsible for building and modeling data pipelines and designing self-service dashboards that empower colleagues with actionable insights. He has a background in product management and technology consulting, and is passionate about helping small businesses grow their organizations. He holds a bachelor’s degree in computer science from the University of Massachusetts, Lowell and a master’s degree in journalism from Northwestern University’s Medill School of Journalism. He is based in Boston, MA.