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SpinDistribute.com Article Directory

The following article was published in our article directory on February 9, 2012.
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Top Business News Resources

Article Category: Business

Author Name: chickie maxwell

In the world of business, information is a powerful and valuable tool. Businesses utilize information in a variety of ways, making it crucial to get the latest business news accessible on a 24-hour basis. For example, manufacturers use information provided by business news to know have an idea on what consumers think about specific products. Farmers need to know the current status of petroleum prices as well as the supply and demand for certain commodities such as grains, vegetables, fruits, fish, and meat. Stockbrokers use information to predict how the stock market will behave, allowing them to provide well-founded business advice to their client.

However, businesses need to make certain that their information sources are reliable, with emphasis on accuracy and timeliness. The information used to help create informed decisions should be correct and updated since any inaccuracy may jeopardize the company, regardless of scale. There are a lot of horror stories going around about businesses taking a hit because of awful decisions based on inaccurate information.

For example, a small bakery in London lost $20,000 when it had to make 102,000 cupcakes as part of a Groupon deal it set up. It looks like a lot of people (around 8,500) like to buy a dozen cupcakes at 75% off, causing a deluge of orders to come in and completely overwhelming the bakery staff. As a result, the bakery lost $3 per batch of cupcakes due to additional expenses hiring extra workers to keep their part of the bargain. Had the bakery known that a recent survey revealed that 7 out of 10 small businesses hate Groupon deals due to the losses they incurred, the bakery owner would have thought twice about setting up a Groupon deal online.

For reliable and up-to-date business news, here are several established and trusted business-related websites which businesses can turn to for information:

Reuters. An international news agency owned by Thomson Reuters, the site provides business-related news on a local and international scale. Topics include economy, technology, media, small business, legal, global markets, market data, and financial matters, to name a few.

Businessweek. Now known as Bloomberg Businessweek, the site focuses on business-related news, stock market, and financial advice. Topics include finance, technology, innovation, management, small business, and global business. The site also features domestic and global market summaries, job postings, as well as special features on current issues affecting the business world.

Forbes. Known for its lists concerning top companies, richest people, and billionaires, the site features business news covering automobiles, energy, media, healthcare, retail, investments, Wall Street, technology, green initiatives, innovations, entrepreneurs, management, leadership, economics, and lifestyles, to name a few.

Fortune. Featured through the CNNMoney website, it features the latest business news on a range of topics, with emphasis on current issues. The site is also known for its lists such as the Fortune 500 and 100 Best Companies to Work For.

Keywords: business news

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