Main page | December 12, 2007 »

Employees' car choices don't go unnoticed by their bosses

Is it a wise career move to show up at work in a car that's nicer than the one your boss drives?

Depends on which CEO you ask, according to USA Today.

Forty-four company leaders responding to an informal USA TODAY survey said they had an opinion on the question, and 26 of them said it was OK to pull into the parking lot driving wheels a cut above. That would fit the image of CEOs as free-market disciples who allow underlings to buy what they want — even if they upstage the boss.

Posted by Peter C. T. Elsworth  at 1:46 PM to Popular culture | Permalink | Comments 0

Gas Prices Drop Below $3; Crude Over $90

NEW YORK -- Gas prices fell below $3 a gallon Tuesday for the first time since Nov. 4, extending a trend that's expected to last through the heavily traveled Christmas and New Year's holidays, according to the Associated Press.

Oil futures, meanwhile, rose above $90 a barrel as traders anticipated the Federal Reserve will cut interest rates Tuesday afternoon. News that several crude oil pipelines in the Midwest were shut down due to ice storm also boosted crude prices.

Posted by Peter C. T. Elsworth  at 1:42 PM to Crude oil market , Gas prices | Permalink | Comments 0