The Wall Street Journal: best business news

The Wall Street Journal (WSJ) is one of the largest and most influential American newspapers. This is a business newspaper, published six times a week in New York by the company Dow Jones & Company. The WSJ traces its history back to 1889. In 2013 the newspaper circulation was nearly 2.4 million of copies, including about 900 thousand paid subscriptions on the Internet. There are European and Asian editions of the newspaper. The paper covers the news in business, politics, economy, finance, analytics, and culture.
The name of the newspaper directly refers to Wall Street, the street of New York and the financial centre of the United States. The newspaper itself is primarily devoted to international and American business news.

Dow Jones & Company

Dow Jones & Company was founded in 1882 by an American firm specializing in the collection and provision of financial information. During its long history, the company has maintained its reputation and the principles of work. The company’s business credo is providing reliable financial news.
At the beginning, Dow Jones & Company worked according to a simple principle. The reporters visited bank offices, betting shops and other financial institutions: they gathered news, interviews, and other useful information. Then these materials were delivered to the office by messengers, who were attached to each employee. Then the information was processed by the editor and delivered to subscribers.
In 1889 Dow Jones & Company had 50 employees. There were more and more events on Wall Street and leaflets for distribution could not accommodate the whole amount of information. July 8 1889 the first edition of The Wall Street Journal was released. The newspaper always maintained his independence and impartiality in the news.

There is always a lot of activity in the office of Dow Jones & Company.
There is always a lot of activity in the office of Dow Jones & Company.

In early May 2007, there was information in financial circles that the Australian media mogul Rupert Murdoch intends to purchase Dow Jones & Company. By the way, Murdoch’s News Corp. includes, in particular, the British newspapers The Times and The Sun, the American New York Post, about 170 other newspapers, the TV channel Fox Newsand the studio Twentieth Century Fox. Murdoch has already showed willingness to buy the company. The price of the proposed transaction was to be $ 5 billion.
When the information about the sale of Dow  Jones &Company appeared, its shares have risen in price by 60%. But the Bancroft family, which has been the owner of Dow Jones & Company  for 125 years, rejected the offer so far. One of the main reason was the reputation of Rupert Murdoch. Dow Jones & Company and The Wall Street Journal has always been advocating the independence and quality information. The newspaper journalists and the company owners fear that after the sale these principles will not be so important anymore.

WSJ in numbers and facts

Until November 2003 the newspaper had the largest circulation in the United States, but was surpassed by USA Today. In 2013 WSJ reached the first position again. Its main competitor today is Financial Times published in London, which also has several international editions.
The newspaper has won the Pulitzer Prize 39 times.
The newspaper has 85 offices in 51 countries with over two thousand employees.
In 2005, the WSJ reported on the characteristics of its average reader: about 60% work in executive teams, the average income is 191 000 dollars, and the average age is 55 years.

Forbes Greatest Business Stories of All Time
Forbes is believed to be the most authoritative source in business

Forbes company was established in 1917 by Bertie Charles Forbes. Today Forbes is a leading finance and business magazine that introduces its readers business and finance news, stories about successful projects, stories about a failure of some enterprises and their reasons, life and experiences of famous entrepreneurs, reasons and results of huge world events, ratings of the worlds’s richest people, incomes and expenses. The magazine gained its fame of being Forbes number 1 company due to its intensive researches in the business financial world.

Forbes Greatest Business Stories of All Time

As it was already said, Forbes often publishes motivating business stories based on real business experiences. In 1996, Daniel Gross and the Forbes editors went further and published the book “Forbes Greatest Business Stories of All Time”. The book is based on the stories of different successful businessmen which turned to be the reformers that had a great influence on modern business economy.

About the book

The book is second to none when it comes to the collection of stories that inspire you to pull your work ahead

As the author says in the foreword, the book tells us the story of heroes who “earned that status as surely as any soldier or athlete or explorer or statesman you can name”. This inestimable collection contains the stories of a few people who were standing head and shoulders above their contemporaries: Robert Morris, who financed the American Revolution, Ray Kroc, who managed to turn McDonald’s into the greatest fast food operation in the world, Mary Kay Ash, that not only founded her own cosmetics company, but also started a new business philosophy direction with publishing three bestsellers.

All of the stories fall outside the scope of business finance articles published by Forbes and provide a great lesson.

Penny stocks
Fraudsters always make money by deceiving those who lack experience

The business and finance articles are filled with the information about the penny stocks, as one of the most popular investments. Penny stocks are traded with a relatively thin price (usually 5$-10$. The problem of the penny stocks is that they often become the targets of manipulators running a risk of such microcap stock fraud as pump and dump. This form of the fraud is about inflation the price through false statements which allow selling the stock for the higher price. Today it is much easier for fraudsters to cheat, as the Internet offers an easier way for pulling the fast ones.

How does it work?

Those who are interested in a stock market research have already heard about this unimaginative but very tricky scheme. Some scam companies buy stocks, which are not in the high demand, spending on them very little money. Then they start sending emails that contain the idea that penny stocks are a great money investment. To these letters they usually add fake business stories which play the part of some kind of advertisement. They tell about the establishing of the gold stock company describing what a great profit it is. In fact, such companies do very well when their trusting preys start buying the stocks wasting a huge sum of money.

It is obvious that no benefit in such shady transaction is expected, so there is use thinking everything over before you start anything

How not to become a victim?

  • Do not trust unfamiliar companies, especially if you cannot find out any information about them in the Internet. Even if it sounds like a profitable investment, it will bring you nothing but a disappointment.
  • Find where these stocks come from. Thinly traded stocks only appear on the bulletin boards, which are the least reliable of all.
  • Look for more information on their site to find out about the company that started motivating you to buy the stocks from them. Check whether there have ever been any complaints, and how long the company exists.
  • Use your skepticism. The propositions will definitely sound too tempting, but it is worth thinking it over to realize that there are no easy ways for making money.

Some sources offer to use this scheme as a way for making money, which not only criminal but very risky, as this fraud has been attracting attention of the law-enforcement agencies for a long time.

Top new businesses
Building is one of the most ancient occupations

Business is being developed every day in every time of the year. What kinds of top new businesses have recently appeared?

Construction business

It is believed to be the most beneficial money investment, and the most perspective is building new city objects, but this field is also filled with high commercial competition. The idea of the construction business itself is not new at all, as it has always been one of the most popular businesses ever; however it has a lot of new directions which constantly increase.

Roof covering

Roofs are one of the most essential parts of the building

Repairing works are always needed by people, especially for those have country houses somewhere in the uptown. This business includes not just the mechanical process of roof covering, but also relevant material such as slates, tiles, paints and other items, selling which often becomes an independent business.

Design is one more idea in the business world which never loses its popularity. It divides into a lot of branches and up-to-date style directions, so good designers make huge sums of money for their services.

Producing/installation of doors, windows, balconies, double gazing

Doing all these jobs on your own is rather time-consuming and difficult job, so thousands of people turn to special agencies and companies for help. Assembly and door installation are a profitable business. In addition, some of the firms offer the service of making the objects to a consumer’s order. Nowadays there is a wide variety of designs, so using them allows fabricating unique products which are in demand by those, who due to some reasons choose nonstandard product.

Online shops

This kind of business is among new online businesses which are available in the Internet. E-shops are relatively new, by now, they are everywhere. The World Wide Web is full of advertisements of online shops of clothes, cosmetics, technical details, jewelry and other products whose variety is not always available in the simple stores. No wonder that now lots of consumers prefer online shopping where everything can be found for a reasonable price.

One the one hand, this option is often chosen, since you do not have to worry about a rent, on the other you get into the very high competition, as it is extremely difficult to make up something original, to find a unique product for sale. It is not enough just to launch the e-shop, people also have to know about your business, so it is important to organize advertising that will catch an eye of your potential clients.

Zoo business

Today our society pays a lot of attention to the disabled animals

It is said that the latest business connected with animals can be divided into two sections: organizing the animal shelters, creation the special conditions for endangered species, such as making reserves, forbidding of slaying animals. Other direction of the world markets today is selling products for pets. The variety of the such products ranges from producing pet food, toys and aquariums to the wheelchairs for animals with special needs.

Business and finance news
Nowadays catching up with the latest news is something which is not to be missed

In our modern capitalistic society you can hardly find a person who does not take an interest in business. At the same time, many starters who decided to go further and build up their own business face some certain difficulties they cannot overcome without being business educated. Why do we need business education and how to get it?

Nowadays business topics are especially popular not only with those who are involved in it, but also with those who only start getting interested in it. Being aware of the latest business and finance news is essential for both these categories of people. The variety of articles can offer the latest information about different sides of business, including business financial aspects, kinds of business and the basics which might be useful in the very beginning. (We have looked through 5 articles and chosen the best ones)

How can we benefit from business article websites?

In the beginning, and even after your business was moved, you definitely look for advice from someone who has already been through what you are only starting. Reading the business and finance news, extracts from the interviews of the business giants will only benefit you.

Psychological influence

Psychological influence

Some article writers in business topics share not only their professional business experience, but also such important psychological aspects. The aim of Carl Richard’s article, posted in The New York Times is to demonstrate the idea that social opinion does not always matter, especially when it comes to implementing the original idea. The writer highlights the importance of not letting others to bring you down in the beginning of your work.

Starting investment

Financial businesses are closely connected with a wide financial system and money investment. When you step into the commercial world belonged to the bankers and other investors, you often cannot help losing your courage observing the large variety of different funds. In this Jeff Brown’s article you will find answers for the common questions.

A peace of advice

During the hard work businessmen often face some confusing, even uncomfortable situation connected with clients and your income itself. Lessons of self-protection in your business and how to avoid hurting the company are given by different businessmen.

Running the risk

Never expect your business to go smoothly, without any obstacles. They reveal you new directions and approaches, and exploring them always takes some risk. The use of taking risks is described in one more Carl Richard’s article.