Editor's note: The Standing Rock Sioux tribe issued a statement that the U.S. Army Corps of Engineers has decided to not approve an easement allowing the Dakota Access pipeline to cross under Lake Oahe. The announcement comes after months of demonstrations near Cannon Ball, N.D., that have led to arrests and several violent confrontations between law enforcement officers and protesters. A part of the Energy Transfer Partners-owned pipeline was set to run under the lake on the tribe's reservation, and protesters say it will threaten water resources and sacred sites. State officials had argued it was too late to reroute the project. In November, the Obama administration delayed a decision on whether pipeline construction will go forward, adding that it will hold more talks with tribal leaders. In a statement issued Sunday, the Army's Assistant Secretary for Civil Works Jo-Ellen Darcy said she based her decision on a need to explore alternate routes, adding "it's clear that there's more work to do." - Stephanie
US Rep. Kevin Cramer, R-ND, on Dakota Access pipeline: 'Today's unfortunate decision sends a very chilling signal to others who want to build infrastructure in this country. Roads, bridges, transmission lines, pipelines, wind farms and water lines will be very difficult, if not impossible, to build when criminal behavior is rewarded this way' - statement
Editor's note: Politico reports Donald Trump will meet this coming week with Admiral James G. Stavridis and Rex W. Tillerson, the CEO of ExxonMobil, as he expands his short list of candidates for secretary of state, sources say. Trump aide Kellyanne Conway told reporters earlier on Sunday that Trump will interview more candidates for the position, though he already has four people under consideration. Politico also notes Trump’s transition team last week identified former Massachusetts Gov. Mitt Romney, former New York Mayor Rudy Giuliani, Tennessee Sen. Bob Corker and former CIA Director David Petraeus as the top four contenders. We're watching for more information. - Rebecca
A business (also known as an enterprise, a company or a firm) is an organizational entity involved in the provision of goods and services to consumers. Businesses as a form of economic activity 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 social non-profit enterprises or state-owned public enterprises charged by governments with specific social and economic objectives. A business owned by multiple individuals may form as an incorporated company or jointly organise as a partnership. Countries have different laws that may ascribe different rights to the various business entities.
The word "business" can refer to a particular organization or to an entire market sector (for example: "the music business") or to the sum of all economic activity ("the business sector"). Compound forms such as "agribusiness" represent subsets of the concept's broader meaning, which encompasses all activity by suppliers of goods and services.
Businesses aim for their sales to exceed their expenditures, resulting in a profit or gain or surplus.