May 22, 2009

Amid concerns about the global economy, the Dow Jones Industrial Average dropped 500 points on Thursday, its ninth-steepest decline. News of sluggish job growth in the US and mounting financial worries in Europe, particularly in Spain and Italy, created concern on Wall Street. Of the 10 major S&P 500 sectors, energy posted the biggest drop, while the consumer staple (food) sector showed the smallest decline.

Also in the news:

Exclusives

Marketers continue to fall into gender-stereotype traps

From Dell's female-focused Della site to Mars Snackfood's new candy bar Fling, there's been buzz in the online space about marketers not understanding how to speak to women, and instead tripping over the thin pink line distinguishing women's passion points from tired clichés.
 

Vick to do 'boots-on-the-ground' advocacy for Humane Society

WASHINGTON: Former National Football League (NFL) star Michael Vick has agreed to do advocacy work for the Humane Society of the US, possibly including speaking engagements and the retraining of pit bulls.
 

Planned Parenthood retools image in California

SACRAMENTO: Planned Parenthood California is working to shift perceptions about the organization in a statewide effort that could ultimately impact its nationwide messaging.
 

Threadless takes to Twitter for T-shirt campaign

CHICAGO: T-shirt company Threadless partnered with Twitter to crowdsource designs for new "Twitter Tees" - T-shirts that feature Tweets submitted and voted on by Twitter users.
 

Portfolio.com to relaunch under bizjournals.com in July

NEW YORK: Portfolio.com, shuttered last month by Conde Nast along with print sibling Portfolio, will relaunch in July as a part of American City Business Journals' (ACBJ) bizjournals.com.
 
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PRWeek is now accepting nominations for its third-annual "40 under 40" feature, to be published in the August issue. This special feature will profile 40 agency, corporate, and nonprofit professionals, as well as educators, under the age of 40 that are doing outstanding work for their clients/companies and for the PR industry as a whole. To nominate someone, please download the entry form here and e-mail 40under40@prweek.com. The deadline for nominations has been extended to June 5.


The Cycle

GM's Ed Whitacre hosts Webchat for press

GM chairman and CEO Ed Whitacre held a Webchat December 8 to answer questions from the press, following his taking the position of interim CEO. 

IPG's Roth is optimistic about future

Interpublic Group's CEO Michael Roth came out saying "the worst is behind us," when he spoke at the Global Media and Communications Conference sponsored by UBS on December 7.

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