Public Relations —
It’s a metaphor at Stern And Company for simple courtesy. We’re frequently approached by prospects to visit and determine whether or not we’ll work together. We always follow up those meetings with a brief proposal (For obvious reasons, we have a policy that precludes providing comprehensive strategies and programs prior to engagement).
We always follow up [...]
Public relations affects almost all who have contact with other human beings. All of us, in one way or another, practice public relations daily. For an organization, every phone call, every letter, every face-to-face encounter is a public relations event. How is it handled, effected, concluded is Strategic Communications, which Stern And Company practices as [...]
The Greater Las Vegas Association of Realtors reported 2,224 single-family home sales in January, a 126.2 percent increase from the same month a year ago, but down 11 percent from December. Sales began trending up in May, topping 2,000 and staying there for the rest of 2008.
The median home price fell to $160,000, a 36 [...]
Las Vegas visitation fell 4.4 percent in 2008 to 37.5 million people with especially large drops occurring late in the year.
On Tuesday the Las Vegas Convention and Visitors Authority addressed the plunging numbers, which also show a decline in spending by tourists that’s costing business and government in Clark County millions of dollars and thousands [...]
Remarks by Treasury Secretary Timothy Geithner
Introducing the Financial Stability Plan
Tuesday, February 10, 2009
As prepared for delivery
As President Obama said in his inaugural address, our economic strength is derived from “the doers, the makers of things.”
The innovators who create and expand enterprises; the workers who provide life to companies; this is what drives economic growth.
The financial [...]
The Commerce Department reported today that Wholesale inventories plunge by most in 16 years in December by the largest amount in 16 years, as companies slashed stockpiles amid the deepening recession. The reduction means wholesalers ordered fewer new goods, leading to reduced production and potentially more job layoffs.
Wholesale inventories fell 1.4 percent, nearly double analysts’ expectations [...]
Company name
Date of announcement
Number of jobs cut
Percent of work force
GM
02/10/2009
10,000
14%******
UBS
02/10/2009
2,000
2.6%%
Qwest Communications International
02/10/2009
1,700
11%
Nissan Motor
02/09/2009
20,000
8%
Estee Lauder
02/05/2009
2,000
6%
Time Warner Cable
02/04/2009
1,250
3%
Panasonic
02/04/2009
15,000
5%
Electronic Arts
02/03/2009
1,100
11%
PNC Financial Services Group
02/03/2009
5,800
Public Relations is a costly and important expense for any company.
The dollar cost is significant; the program requires the time and attention of senior management; and there is a substantial potential opportunity cost if it’s not being done well, or as well as it might be. Like any service, the value and effectiveness of [...]
The Index of Leading Indicators continues to decline. All ten series contributed negatively to the index for January based on November data. Eight of the series’ contributions showed double-digit negative percentage change when measured relative to a year ago. Not since the aftermath of 9/11 has there been as sharp as this one-month decline. The [...]
Roll of the Dice on Las Vegas’s Shabby Downtown
LAS VEGAS – Travel north on the Strip, past the glittering islands of the Bellagio, Excalibur, Venetian and other resorts, and – keep going – it finally appears like a worn-out showgirl at the end of a parade: downtown.
Here, Binion’s, Main Street Station, Four Queens and other [...]