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Money matters

September 05, 2004

Next two months ideal for vacations


Did the summer pass by before you could schedule a break? Don't fret - a road trip during September or October might fit well with your budget.

Banking on a banner summer travel season, auto rental companies amassed a huge fleet of cars this year, according to discount travel site Hotwire.com. As the peak season ends after Labor Day, the companies face a 30- to 60-day lag for shedding their excess cars, so rates are likely to fall as they try to squeeze as much revenue out of their inventory as possible.




Execs need more time to find jobs


Prolonged job hunting and hiring isn't just the purview of the little worker bees. Even senior-level executives are taking longer these days to land new gigs, according to labor research firm Challenger, Gray & Christmas Inc.

The average job search period was 4.4 months in the second quarter, marking an unprecedented seven consecutive quarters in which it took senior managers and executives more than four months to find a job, the Chicago-based company said.

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How come?

Mainly, it's because of deeper background checks into potential candidates, as security concerns and new corporate governance requirements mandate greater scrutiny. Plus, it can cost $40,000 or more to replace an executive, making a failed hire a financially disastrous occurrence.




BMW recalls SlideCarver scooters


BMW of North America LLC is recalling 161 SlideCarver scooters.

The front column of the scooter does not meet impact resistance standards. The handlebar column may break if the scooter hits an object, which may cause the rider to fall and suffer injuries.

The SlideCarver is a three-wheeled scooter that is designed to be steered both in the front and back. The SlideCarver stands 39.5 inches high by 20 inches wide, has a 26.5-inch wheelbase, weighs approximately 26.5 pounds and can be folded.

Consumers may return the SlideCarver scooters to any BMW dealership or contact the firm for information on returning the scooter to receive a refund. Additionally, consumers will receive a $200 gift certificate for BMW lifestyle merchandise.

For more information, consumers may call BMW at 800-831-1117 between 9 a.m. and 9 p.m. Monday through Friday.




Children's shoes are recalled by Nike



Nike USA Inc. is recalling about 9,000 pairs of Get-Go and Little Get-Go children's athletic shoes.

The 1.5-inch to 1.75-inch rubber tab at the top of the heel may detach from the shoe, posing a choking hazard to young children.

The "Get-Go" and "Little Get-Go" children's athletic shoes come in various color combinations and were sold in toddler and preschool sizes 2C through 3Y. The Nike Swoosh symbol is on the outside and sole of the shoe. All shoes close with a strap.

Consumers should immediately take the recalled shoes away from young children and contact Nike to receive a refund voucher.

For more information, consumers may call Nike at 800-344-6453 anytime or visit the Nike Web site at www.nikebiz.com.

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