The Business Journals

The Business Journals is a news source that covers business and economic news across various industries and regions. The site features articles on topics such as mergers and acquisitions, company earnings reports, executive appointments, and industry trends. The reporting appears to be neutral with no clear signs of conflicts of interest. However, some articles use misleading language or present information out of context.

91%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

The Daily's Verdict

This news site is known for its high journalistic standards. It strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. It has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.

Bias

98%

Examples:

  • The Business Journals appears to maintain a neutral reporting stance.

Conflicts of Interest

95%

Examples:

  • There is no clear evidence of conflicts of interest in the reporting.

Contradictions

96%

Examples:

  • Articles report on company actions and announcements but do not contradict themselves.
  • Some articles mention past events that did not occur, such as the closing of Red Lobster restaurants.

Deceptions

80%

Examples:

  • Articles may contain false or misleading information, such as stock prices or acquisition amounts.
  • Some articles use misleading language or present information out of context.

Recent Articles

  • VinFast Delays US Factory Opening in North Carolina until 2028 Amid Economic Headwinds

    VinFast Delays US Factory Opening in North Carolina until 2028 Amid Economic Headwinds

    Broke On: Saturday, 13 July 2024 VinFast, controlled by billionaire Pham Nhat Vuong, delays US factory production in North Carolina from 2025 to 2028 due to economic headwinds and capital allocation optimization. Despite setbacks, VinFast anticipates strong sales growth in H2 2024 with diverse product range and expanding global distribution network. The delay may impact local job creation plans.
  • SM Energy on the Brink of $3 Billion Acquisition of XCL Resources in Uinta Basin

    SM Energy on the Brink of $3 Billion Acquisition of XCL Resources in Uinta Basin

    Broke On: Thursday, 27 June 2024 SM Energy, a Denver-based oil and gas company, is in advanced talks to acquire XCL Resources, a top Utah producer with an estimated $3 billion valuation and daily output of 55,000 barrels of oil equivalent. The deal would boost SM Energy's net production from 152,000 to approximately 195,000 boed per day. EnCap Investments-backed XCL Resources operates in the fast-growing Uinta Basin and is expected to close in September 2024. J.P Morgan, Bank of America, and Wells Fargo have committed $1.2 billion for financing.
  • Red Lobster Files for Bankruptcy: Struggling Seafood Chain Seeks Relief Amidst Financial Challenges and Closures

    Red Lobster Files for Bankruptcy: Struggling Seafood Chain Seeks Relief Amidst Financial Challenges and Closures

    Broke On: Friday, 19 May 2023 Red Lobster, a historic seafood chain founded in 1968, filed for Chapter 11 bankruptcy on May 19, 2023. The filing follows several years of financial struggles and closures of locations in Wisconsin and nationwide. Despite the bankruptcy, Red Lobster plans to continue operations with $100 million in financing from existing lenders. Poor business decisions like expanding the Endless Shrimp promotion led to increased prices and reduced earnings, contributing to the chain's challenges.
  • Viking Holdings Ltd's Record-Breaking IPO: A $1.77 Billion Debut for the Luxury Cruise Line Founded by Torstein Hagen

    Viking Holdings Ltd's Record-Breaking IPO: A $1.77 Billion Debut for the Luxury Cruise Line Founded by Torstein Hagen

    Broke On: Tuesday, 07 May 2024 In May 2024, Viking Holdings Ltd, a luxury cruise line founded by Torstein Hagen in 1997, raised $1.77 billion through its IPO on the New York Stock Exchange, marking the biggest American stock market debut of the year. With revenue of $4.7 billion and a loss of nearly $1.9 billion in 2023, Viking targets English-speaking travelers aged 55 and over and has expanded to over 90 vessels, catering to the growing demand for luxury cruises among baby boomers. The company continues to offer personalized experiences and explores new products and markets.
  • EQT AB Agrees to Acquire Perficient Inc. in $3 Billion Deal: A Neutral Look at the $76-per-Share Offer and Perficient's Q1 Earnings

    EQT AB Agrees to Acquire Perficient Inc. in $3 Billion Deal: A Neutral Look at the $76-per-Share Offer and Perficient's Q1 Earnings

    Broke On: Sunday, 05 May 2024 Swedish private equity firm EQT AB agrees to acquire technology consulting firm Perficient Inc. for $3 billion, a 58% premium over the closing price. Perficient, which provides software integration services to major clients like Caterpillar and Ford, reported Q1 EPS of $0.77 and revenue of $215.3M. The deal marks EQT's significant entry into the tech consulting industry.
  • Oracle Moves World Headquarters to Nashville, Investing $1.35B for 8,500 Jobs in Healthcare Hub

    Oracle Moves World Headquarters to Nashville, Investing $1.35B for 8,500 Jobs in Healthcare Hub

    Broke On: Tuesday, 23 April 2024 Oracle, led by chairman Larry Ellison, is relocating its headquarters to Nashville, Tennessee following a $28.3 billion acquisition of health tech firm Cerner. The move comes as Oracle aims to expand in the healthcare industry and invests $1.35 billion for 8,500 jobs on a new campus.

  • 2023 Tech Industry: Layoffs, Deep Tech Exits, and Venture Funding

    Broke On: Tuesday, 05 December 2023 The tech industry experienced numerous layoffs in 2023, affecting both major companies and startups. A quarter of unicorn exits in 2023 were deep tech companies. Global venture funding reached $19.2 billion in November 2023, down marginally month over month. Early-stage funding declined the most year over year, falling 34%. Health care and financial services companies raised the largest amounts last month.

  • Washington Post Journalists Stage 24-Hour Strike Amid Contract Negotiations and Layoff Threats

    Broke On: Wednesday, 06 December 2023 The strike is the first general work stoppage at The Washington Post since 1975-76. The strike involves approximately 750 staff members and is one of the largest labor strikes in Washington D.C. in recent years. The Post Guild, the union representing the employees, has expressed concerns about pay equity, raises, and remote work policies.

  • Healthpeak Properties and Physicians Realty Trust to Merge in $21 Billion Deal

    Broke On: Monday, 30 October 2023 Healthpeak Properties Inc. and Physicians Realty Trust have agreed to merge in a deal valued at approximately $21 billion. The merger will create a combined company with a diversified healthcare real estate portfolio. The deal is expected to close in the first half of 2024, subject to approval by the shareholders of both companies. The combined company will operate under the Healthpeak brand and will be headquartered in Denver, Colorado. The merger is part of a larger trend in the REIT sector, where companies are seeking to add scale through strategic deals.

  • Pfizer Announces Closure of Durham and Morrisville Facilities in North Carolina

    Broke On: Friday, 27 October 2023 Pfizer is closing two facilities in Durham and Morrisville, North Carolina. Approximately 400 employees will be affected by the closures. The closures are part of Pfizer's strategy to streamline operations and focus on core business.