June 5, 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:

Latest News

CMT builds reputation and fans around awards show

NASHVILLE, TN: CMT (Country Music Television) is using PR and media relations to raise the profile of its awards show, and is also leveraging fan involvement leading up to the 2009 CMT Music Awards on June 16.
 

LVMH announces New York biking initiative

NEW YORK: Paris-based LVMH has introduced an initiative challenging Fashion Institute of Technology (FIT) students to design bike apparel and gear, an effort that aims to further LVMH's sustainability efforts in the US.
 

Georgia launches first multimedia campaign to encourage recycling

ATLANTA: The Georgia Department of Community Affairs (DCA) launched its first multimedia campaign on June 1 to increase recycling statewide. It is the DCA's first campaign about recycling.
 
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40 Under 40

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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PRWeek Insider

Mining gold from the ashes
Brian Kelly, editor of (client) U.S. News & World Report, said it best about a year ago when he said 'news' and 'week' becomes an oxymoron when addressing the notion of "always on" media."

PRWeek Insider

PRWeek Webcast

Harnessing the Power of Twitter: This webcast will offer tangible insights into the ways that corporate communicators and marketing communicators alike can harness the power of Twitter to meet real-world business objectives. Featured speakers include Sarah Molinari, corporate communications manager, The Home Depot; Kelly Groehler, senior manager of PR, Best Buy; and Jenny Dervin, director of corporate communications, Jet Blue. 


Date: June 17, 2009
Time: 12:00pm EST/9:00am PST

Click here for more information and to register for FREE.

 





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