ABSTRACT
General Motors, mired in a sales slump during the 1979 Arab oil embargo, had announced massive layoffs at its plant in Arlington, Texas. The editor asked a business desk staffer to drive over to the manufacturing facility and talk to some of the newly unemployed workers. Business reporting is better than ever. It offers a deeper analysis and makes deeper impacts on the communities it serves. It is readily available on the internet, free of cost or for tens of thousands of US dollars each year for businesspeople who want latest data and in-depth analysis. While business journalism has been expanding in this era of industry contraction, its growth has not been uniform – or universal. Global business journalism is not monolithic, and it varies from country to country based on factors such as national journalistic culture, media system, economic and political systems, the influence of business interests in the society and the level of economic development of the nation.
