The Executive’s Almanac is an entertaining collection of facts and figures covering all aspects of business—from the assembly line to the bottom line; from the stock market to the supermarket.
A sample of what’s in store:
• The ratio of the salaries of the average worker to the average CEO is 301 to 1.
• As of 2004, 8.3 million people in the world have $1 million to invest, spend, or save.
• Blue Chip stocks got their name from poker, where blue chips are more valuable than white or red.
• Starbucks was named for the first mate in Herman Melville’s novel Moby Dick.
• The New York Stock Exchange ticker symbol for Mauna Loa is NUT; Men’s Wearhouse is SUIT;
• Sotheby’s is BID; and Genentech is DNA.
Milton Moskowitz has been a business journalist for 50 years. He is the bestselling coauthor with Robert Levering of 1984’s The 100 Best Companies to Work for in America, and he annually updates Fortune magazine’s list of the 100 Best Companies to Work For.