In April, PRWeek's Nicole Zerillo reported that Bear Stearns' failure to communicate its liquidity situation hastened its downfall. The Wall Street Journal recently reported on a similar issue, and provded a detailed account of how fears and rumors ultimately led to the bank's downfall.

LOS ANGELES: PR pros who report directly to the C-suite are more likely to have more resources than those who don't, according to new survey results from The Strategic Public Relations Center at the University of Southern California (USC).

NEW YORK: Medialink's stock price dropped to under one dollar last week, reaching its lowest price in company history.

NEW YORK: Medialink's stock price dropped to under one dollar last week, reaching its lowest price in company history.

MANAMA, BAHRAIN: The Bahrain Economic Development Board (EDB) recently hired Weber Shandwick to promote Bahrain worldwide as a business-friendly center for financial dealings in the Middle East.

SAN ANTONIO: Clear Channel's AOR for M&As, Brainerd Communicators, is working on outreach to stakeholders and staff prior to a shareholder vote on two equity firms buying the radio broadcaster.

FOREST HILLS, NY: JetBlue Airways is in the final stages of its search for a crisis communications agency.

SANTA CLARA, CA: Intel has launched an online consumer campaign as part of its new marketing strategy, which encourages its users to demonstrate how the company's technology impacts their lives.

NASHVILLE: Nissan made several recent changes in its PR strategy in an effort to strengthen outreach to the Hispanic community, including joining the League of Latin American Citizens (LULAC).

FOREST HILLS, NY: JetBlue is in the final stages of a search for a crisis communications agency.