NEW YORK: Omnicom Group's PR business contributed revenues of $314.1 million in its third quarter ending September 30, a 1.2% decrease from the same period last year. PR revenues in the third quarter represented 9.5% to the group's overall earnings.

While panic might be too strong a word, the sentiment in the business community across the nation isn't far from it, given the substantial market volatility and uncertainty gripping Wall Street, Main Street, and companies across the globe.

SAN FRANCISCO AND NEW YORK: The economic crisis affecting the financial services market is causing PR firms in multiple industries to be cautious in their outlook

DES MOINES, IA: Given the continued uncertainty on Wall Street, some companies are "pre-releasing" their earnings in order to protect corporate reputations. It seems particularly important in the insurance space, where the taint of AIG's struggles are touching many.

A recent Wall Street Journal piece on cutbacks in digital spending shook the confidence of many a Twitter user.

NEW YORK: Hill & Knowlton has launched a global corporate response group as a result of the Wall Street crisis.

Ever since Lehman Brothers' employees were spotted leaving the company's Midtown Manhattan headquarters in casual wear with their desks' contents shuttled out in duffel bags, the American worker has been feeling uneasy.

Post-bailout retreats put AIG and Wachovia under pressure to rebuild their credibility, future

By most measures, corporate America is currently experiencing a down economy. Companies are assessing their options against this background of lower performance and decreased expectations, and they are leaning toward budget tightening.

SOMERS, NY: Pepsi Bottling Group (PBG) issued its first CSR report last week and is working to integrate the message into all communications.