Reading the news is a great way to learn English and know what is going on in the U.S. For the business majors in particular, it is very important to know what is going on with the economy and political system of the U.S.

Here is a website with short, simple news stories that are easy to read: http://www.simpleenglishnews.com/

I would also recommend trying to read the NY Times: http://www.nytimes.com/ and the Washington Post: http://www.washingtonpost.com/