Bloomberg: Business News is a free iPhone application designed for finance professionals and business leaders. It offers breaking news on world finance, stock markets, and economics, featuring content from over 120 global newsrooms. Users can customize the app to monitor their investments, stay updated on trending topics such as the US economy and oil prices, and access data-driven insights. Key features include market data on stocks, bonds, and currencies, as well as alerts for significant business headlines.

In addition to written news articles, the app provides video and audio content, including live streaming of Bloomberg TV and radio. Users can create a personal Watchlist to track their portfolio's performance and receive tailored news updates. Offline reading is also supported, allowing users to download issues of Businessweek. The app includes a subscription model for unlimited access to content, with an introductory offer for new users.