The publicity surrounding the uncovering of the WorldCom fraud resulted in greater auditor oversight over American corporations and greater government oversight over auditors.
The telegraph, invented in 1837, provided the first technology for rapid communications and gave businesses the ability virtually instantaneously to contact their own branches, other companies, or consumers.
From its inception, The Wall Street Journal has provided reliable information for investors. It has become the quintessential source for specific facts as well as detailed studies of companies and industries.
The cable reduced communication time between North America and Europe, two of the most important regions in the global economy, from days to mere seconds.
During its relatively brief history, the television broadcasting industry has grown from a few experimental networks to become one of the most profitable industries in the United States...
Based initially on the principle of condensing articles from other publications, Reader’s Digest has become one of the most successful and enduring periodicals in U.S. business history.
The founding of NBC established the structure within which U.S. radio, and later television, stations would operate: a system of local independent affiliates to a nationwide network.
As the Internet has expanded, it has fostered an explosive and self-generating wealth of textual, audio, visual, and multimedia resources that have made possible an exceptional rise in U.S. labor productivity.
The exchange of greeting cards for holidays, birthdays, and other occasions helps to promote retail sales of gift items, and greeting cards themselves have become an important industry.
Forbes is one of the most influential business and financial magazines in the United States, known for its many lists, including its list of the world’s richest people.
The fiber-optic industry transformed communication and data transmission, allowing more data to be sent using a greater bandwidth for longer distances with lower interference and attenuation.
Because the Federal Communications Commission has the power to allocate frequency bands and to grant (or deny) licenses to radio and television stations, it has had a profound effect on these and other communications businesses, which commission officials are legally required to monitor so that they serve the public interest.
Since its inception, CNBC has developed into a principal U.S. business and financial cable television network and one of the world’s most important financial news sources.
Book publishing has been a significant presence in America since colonial times, with almanacs, primers, and law books originally forming the foundation of the industry.
Bloomberg’s offered its clients upto-the-minute and breaking news about financial markets, allowing them to respond immediately to events that could influence the value of investments.