Bloomberg Businessweek, commonly and formerly known as
BusinessWeek, is a weekly business magazine published by
Bloomberg L.P. It is currently headquartered in
New York City.
History
BusinessWeek was first published in September 1929, only weeks before the
Stock Market Crash of 1929. Its original purpose was to provide information and opinions as to what was happening in the business world, at the time. The president of
McGraw-Hill Publishing,
Malcolm Muir stated, "The Business Week always has a point of view, and usually a strong opinion, both of which it does not hesitate to express. And all the way through, we hope you will discover it is possible to write sanely and intelligently of business without being pompous or ponderous."
Initially, the magazine published sections that included topics such as marketing, labor, finance, and management, among others. Consequently,
BusinessWeek pioneered the action of covering national political issues that directly impacted the business world. In 1950, the magazine published its first executive pay survey, which it still does today.
Stephen B. Shepard served as the
editor in chief of the magazine from 1984 until 2005, when he was chosen to be the founding dean of the
CUNY Graduate School of Journalism.,
CUNY Graduate School of Journalism. Retrieved June 27, 2010.
Stephen J. Adler of
The Wall......
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