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[link]

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."^[2]

Initially, the magazine published sections that included topics such as marketing, labor, finance, and management, among others.^[2] 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.^[2]

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.^[3] Stephen J. Adler of The Wall Street Journal was named to succeed Shepard as editor in chief at Businessweek.^[4]

Like nearly all magazines, Businessweek suffered from a decline in advertising during the late-2000s recession. Print revenues halved, to US$60 million, between 2006 and 2009, and online revenues only grew marginally, to $20.5 million.^[5] In July 2009, it was reported that McGraw-Hill was trying to sell Businessweek and had hired Evercore Partners to conduct the sale. Because of the magazine's liabilities it was suggested that it might change hands for the nominal price of $1 to an investor who was willing to incur losses turning the magazine around.^[6]

In late 2009, Bloomberg L.P. bought the magazine — for a reported $2 million to $5 million plus assumption of liabilities — and renamed it Bloomberg BusinessWeek.^[7][8] Adler resigned as editor-in-chief and was replaced by Josh Tyrangiel, who had been deputy managing editor for Time Magazine.^[9] In early 2010, the magazine title was restyled Bloomberg Businessweek (with a lowercase "w") as part of a redesign.^[10][11]

Competitors[link]

The magazine's primary competitors in the national business magazine category are Forbes magazine^[2], published bi-weekly, and Fortune, published on a tri-weekly basis.

Advertising[link]

Since 1975, Businessweek has carried more annual advertising pages than any other magazine in the United States.^[12]

During the 1990s, Businessweek's advertising campaign expanded, creating efforts to try to solicit new readers from outside the business world. The magazine's then-editor in chief, Steven B. Shepard, helped implement an international edition of the magazine, expanding global reach and interest, and helped to report new and emerging business trends, such as the notion of the New Economy.^[2] Weekly readership of Businessweek is over 4.8 million, in 140 different countries.^[13] In 2011 Businessweek's ad revenue went up 65.3% in comparison to the previous year.^[14]

College rankings[link]

Since 1988, Businessweek has published annual rankings of United States business school MBA programs.^[15] In 2006, it also started publishing annual rankings of undergraduate business programs.^[16]

Non-U.S. editions[link]

Businessweek discontinued its European and Asian editions in 2005. A December 7, 2005, press release^[17] issued by McGraw-Hill stated that it had decided to deliver a single global edition instead of providing separate regional ones. However, in 2011 a Polish edition, named Bloomberg Businessweek Polska, will be re-launched after a 6-year break.

There is also an Arabic edition launched in October 2005 by InfoPro Management sarl (InfoPro), a publishing and market research company based in Beirut, Lebanon and The McGraw Hill Companies, Inc.^[18]

Mobile version[link]

In April 2011, Bloomberg Businessweek launched an iPad version of the magazine available as an iTunes subscription.^[19][20] A version of the application for iPhone and iPod Touch was added later and there are now over 100,000 subscribers on the mobile platform.^[20] On May 1st, 2012, the application was awarded a Webby Award in the "News (Tablet & All Other Devices)" category.^[20]

See also[link]

• International Design Excellence Awards
• List of United States magazines

References[link]

Konstantinos Stephanopoulos Κωνσταντίνος Στεφανόπουλος
President of the Third Hellenic Republic
In office March 10, 1995 – March 12, 2005
Preceded by	Constantine Karamanlis
Succeeded by	Karolos Papoulias
Personal details
Born	(1926-08-15) August 15, 1926 (age 85) Patras, Greece
Nationality	Greek
Political party	Democratic Renewal
Signature

Konstantinos Stephanopoulos (Greek: Κωνσταντίνος Στεφανόπουλος, born August 15, 1926) is a Greek conservative politician who served as President of Greece in 1995–2005.

Stephanopoulos was born in Patras. After attending the Saint Andrew school of Patras, he studied law at Athens University. He practiced law from 1954 until 1974 as a member of the Bar Association of Patras.

He first stood for election in 1958, with the National Radical Union and was elected for the first time as Member of Parliament for Achaia in 1964. He was re-elected for the same constituency for New Democracy (ND) in 1974, 1977, 1981 and 1985. He served as ND parliamentary secretary and parliamentary spokesman between 1981 and 1985.

In 1974, Stephanopoulos was appointed Deputy Minister of Commerce in the National Unity government of Constantine Karamanlis. For the next seven years he served in a number of ministerial posts in New Democracy governments: Minister for the Interior from November 1974 to September 1976; Minister for Social Services from September 1976 to November 1977; Minister for the Presidency from 1977 to 1981.

In August 1985 he withdrew from the ND and on September 6 of the same year formed the Democratic Renewal (DIANA). He was elected Member of Parliament for Athens in the elections of 1989 while continuing as president of DIΑΝΑ, until it disbanded in June 1994.

In the presidential election of 1995, after being nominated by the conservative party Political Spring and supported by the ruling Panhellenic Socialist Movement (PASOK), he was elected President of Greece on March 8, 1995. He became the eighth President since the restoration of a democratic system of government in 1974, winning the election on a third ballot with 181 votes. He was re-elected President of Greece on February 8, 2000, on the first ballot after receiving 269 votes from the 298 MPs present, and remained in office until March 2, 2005, when he was succeeded by Karolos Papoulias.

As a President he was known for his low-key profile, unifying approach to current and international affairs, and gentlemanlike behaviour. During his presidency, he was consistently the most popular public figure in Greece.^[1][2]

As Head of State of the host country, he officially declared the XXVIII Olympiad in Athens open, on August 13, 2004. During the Olympic Games in 2004, he accepted the former King Constantine II of Greece at the Presidential palace. It was the highest political recognition given to the former king since he was deposed in 1973.

Honours and awards[link]

Stephanopoulos has received many honorary awards and the highest decorations of foreign countries. He is an honorary citizen of many Greek towns.

•  Poland : Order of the White Eagle (1996)
•  Croatia : Grand Order of King Tomislav ("For outstanding contribution to promoting friendly relations and developing mutual cooperation between the Republic of Croatia and the Hellenic Republic." – December 3, 1998)
•  Slovakia : Grand Cross (or 1st Class) of the Order of the White Double Cross (2000)^[3]
•  Italy : Knight Grand Cross with Grand Cordon of the Order of Merit of the Italian Republic (January 23, 2001)
•  Norway : Grand Cross of the Order of St. Olav (2004)
•  Estonia : Collar of the Order of the Cross of Terra Mariana
•  Latvia : Order of the Three Stars, 1st Class
•  Romania : Sash of Order of the Star of Romania
•  Albania: Received a copy of the key of the city of Tirana on the occasion of his state visit to Albania.^[4]

References[link]

External links[link]

• Biography from Athens News Agency

v t e Heads of state of Greece 22x20px 1st Republic (1827–1832) Ioannis Kapodistrias Augustinos Kapodistrias Governing Councils Monarchy (1832–1924) Otto Regency Council George I Constantine I Alexander Pavlos Kountouriotis1 Queen Olga1 Constantine I George II 22x20px 2nd Republic (1924–1935) Pavlos Kountouriotis Theodoros Pangalos2 Pavlos Kountouriotis Alexandros Zaimis Monarchy (1935–1974) Georgios Kondylis1 2 George II Paul Constantine II3 Military Junta (1967–1974) Georgios Zoitakis1 2 Georgios Papadopoulos1 2 Phaedon Gizikis2 3rd Republic (since 1974)4 Michail Stasinopoulos1 Konstantinos Tsatsos Constantine Karamanlis Ioannis Alevras1 Christos Sartzetakis Constantine Karamanlis Konstantinos Stephanopoulos Karolos Papoulias 1 Regent or interim President 2 Appointed by military regime 3 Fled Greece on 13 December 1967; De jure head of state until the abolition of the monarchy in 1973/1974 4 The 1973–1974 junta-proclaimed Republic is not officially recognised.