European Central Bank President Mario Draghi tells Rome conference that indebted countries must act quickly on recommended reforms, as, 'The current situation in the euro area demonstrates that this delay could be dangerous' - @ReutersBiz
Peru suspends civil liberties in Tambo valley region after 4th death in anti-mining protests; suspended rights include freedom of assembly, freedom of movement and protection warrant-less searches, official says - @AP
Editor's note: The New York Times, citing sources, says General Motors is negotiating what may be a record penalty with the US government for failing to disclose a defect in his autos that led to unintended acceleration. - Tom
A business, also known as an enterprise or a firm, is an organization involved in the trade of goods, services, or both to consumers. Businesses are prevalent in capitalist economies, where most of them are privately owned and provide goods and services to customers in exchange for other goods, services, or money. Businesses may also be not-for-profit or state-owned. A business owned by multiple individuals may be referred to as a company.
The etymology of "business" stems from the idea of being busy, and implies socially valuable and rewarding work. Business can refer to a particular organization or, more generally, to an entire market sector, e.g. "the music business". Compound forms such as agribusiness represent subsets of the word's broader meaning, which encompasses all activity by suppliers of goods and services.