Business journalism is the branch of journalism Journalism is the investigation and reporting of events, issues, and trends to a broad audience. Although there is much variation within journalism, the ideal is to inform the citizenry. Besides covering organizations and institutions such as government and business, journalism also covers cultural aspects of society such as arts and entertainment that tracks, records, analyzes and interprets the economic An economy consists of the economic system of a country or other area, the labor, capital and land resources, and the economic agents that socially participate in the production, exchange, distribution, and consumption of goods and services of that area. A given economy is the end result of a process that involves its technological evolution, changes that take place in a society. It could include anything from personal finance Personal finance is the application of the principles of finance to the monetary decisions of an individual or family unit. It addresses the ways in which individuals or families obtain, budget, save, and spend monetary resources over time, taking into account various financial risks and future life events. Components of personal finance might, to business at the local market and shopping malls A shopping mall is one or more buildings forming a complex of shops representing merchandisers, with interconnecting walkways enabling visitors to easily walk from unit to unit, along with a parking area – a modern, indoor version of the traditional marketplace, to the performance of well-known and not-so-well-known companies In the United States, a company is a corporation—or, less commonly, an association, partnership, or union—that carries on an industrial enterprise." Generally, a company may be a "corporation, partnership, association, joint-stock company, trust, fund, or organized group of persons, whether incorporated or not, and any receiver,.
This form of journalism covers news and features articles about people, places and issues related to the field of business A business is a legally recognized organization designed to provide goods or services, or both, to consumers, businesses and governmental entities. Businesses are predominant in capitalist economies. Most businesses are privately owned. A business is typically formed to earn profit that will increase the wealth of its owners and grow the business. Most newspapers, magazines, radio, and television news shows carry a business segment. However, detailed and in depth business journalism can be found in publications, radio, and television channels dedicated specifically to business and financial journalism.
Business journalism began as early as the Middle Ages The Middle Ages is a period of European history from the 5th century to the 15th century. The period followed the fall of the Western Roman Empire in 476, and preceded the Early Modern Era. It is the middle period in a three-period division of history: Classical, Medieval, and Modern. The term "Middle Ages" (medium aevum) was coined in, to help well-known trading families communicate with each other [1]. In 1882 Charles Dow Charles Henry Dow was an American journalist who co-founded Dow Jones & Company with Edward Jones and Charles Bergstresser, Edward Jones and Charles Bergstresser begin a wire service that delivered news to investment houses along Wall Street. [2] And in 1889 the Wall Street Journal began publishing.[3] While the famous muckraking journalist Ida Tarbell didn't consider herself to be a business reporter, her reporting and writing about the Standard Oil Standard Oil was a predominant American integrated oil producing, transporting, refining, and marketing company. Established in 1870 as a corporation in Ohio, it was the largest oil refiner in the world and operated as a major company trust and was one of the world's first and largest multinational corporations until it was broken up by the United Co. in 1902 provided the template for how thousands of business journalists have covered companies ever since.[4] Business coverage gained prominence in the 1990s, with wider investment in the stock market A stock market or equity market is a public market for the trading of company stock and derivatives at an agreed price; these are securities listed on a stock exchange as well as those only traded privately. The Wall Street Journal The Wall Street Journal is an American English-language international daily newspaper published by Dow Jones & Company, a division of News Corporation, in New York City, with Asian and European editions is one prominent example of business journalism, and is among the United States of America ^ b. English is the de facto language of American government and the sole language spoken at home by 80% of Americans age five and older. Spanish is the second most commonly spoken language's top newspapers in terms of both circulation A newspaper's circulation is the number of copies it distributes on an average day. Newspaper circulation rates are currently experiencing a downward trend. Circulation is one of the principal factors used to set advertising rates. Circulation is not always the same as copies sold, often called paid circulation, since some newspapers are and respect for the journalists A journalist collects and disseminates information about current events, people, trends, and issues. His or her work is acknowledged as journalism whose work appears there.
A journalist who works in this branch is considered a business journalist. Their main purpose is gathering information about current events in the economic life of the country. They may also cover processes, trends, consequences, and important people, in business and disseminate their work through all types of mass media.
See also
- Gerald Loeb Award The Gerald Loeb Award, also referred to as the Gerald Loeb Award for Distinguished Business and Financial Journalism, is a recognition of excellence in journalism, especially in the fields of business, finance and the economy. The award was established in 1957 by Gerald Loeb, a founding partner of E.F. Hutton & Co. Loeb's intention in creating, the most prestigious honor in business journalism
- Forbes Forbes, Inc. is a privately held publishing and media company. Its flagship publication is Forbes, a bi-weekly magazine, with a circulation over 900,000. In August 2006, the private equity firm, Elevation Partners, became a minority shareholder in a newly formed company, Forbes Media, which encompasses Forbes magazine and Forbes.com, one of the
- Financial Times The Financial Times is a British international business newspaper. It is a morning daily newspaper published in the Borough of Southwark, London and printed at 22 sites. Its primary rival is New York City-based The Wall Street Journal
- Nihon Keizai Shinbun Nihon Keizai Shimbun , or Nikkei (日経?), is one of the largest media corporations in Japan. Nikkei specializes in publishing financial, business and industry news. Its main news publications include:
- The Weekend City Press Review
References
- ^ http://www.bizjournalismhistory.org/main_frame.htm
- ^ http://www.bizjournalismhistory.org/main_frame.htm
- ^ http://www.bizjournalismhistory.org/main_frame.htm
- ^ Chris Rousch, "http://www.businessjournalism.org/pages/biz/2008/05/taking_on_the_trust/" in a review of the book 'Taking on the Trust' by Steve Weinberg
Categories: Journalism by field Categories: Types of journalism | Categories by topic | Business and financial journalists |
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