The 7 stories PR pros need to know on Thursday morning, 7.23.2015

Reuters: FT sale in the works; Publicis earnings; Cosmetics win for DeVries; Bob Knott back to Edelman; Uber wins public affairs fight with NYC.

The 7 stories PR pros need to know on Thursday morning, 7.23.2015

1. Pearson has decided to sell the Financial Times to a "global, digital news company," Reuters reported on Thursday morning. It did not name the buyer.

2. Anthony Weiner is joining MWW as a member of its board of advisers, according to the New York Post. The former congressman, who was caught up in a sexting scandal four years ago, will counsel the firm on Congress and local issues in New York, according to the newspaper.

3. Publicis Groupe reported a 1.4% organic revenue increase in the second quarter to $2.7 billion. North American revenue for the holding company at large was up 1.5% to $1.4 billion in the quarter. The Paris-based holding company does not break out revenue for PR or for the MSLGroup network.

4. New this morning: Edelman has brought back Bob Knott as global leader of its business and social purpose practice. He previously worked at MWW and FTI Consulting after an earlier stint at Edelman. Also, Markwins Beauty Company has hired DeVries Global as PR AOR in the US.

5. New York City Mayor Bill de Blasio backed down on Wednesday from his standoff with Uber, saying City Hall will not cap the number of its cars. Observers say it shows the growing clout of Uber’s customer base and Uber adviser and former Obama campaign manager David Plouffe.

6. New York State’s Wage Board has backed an initiative to raise the minimum wage for fast-food workers to $15 an hour across the state by 2021, with an earlier increase in New York City, in a victory for advocates of increasing the minimum wage.

7. Starbucks has teamed up with Lyft on an initiative that would give users of the ride-hailing service points towards discounts from the coffee giant. Customers will also be able to tip their drivers with Starbucks points. 

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Already registered?
Sign in