Financial news on May 06, 2006

Business and Financial news
2 Executives Resign at Circuit Maker

Power Integrations said Friday that two executives had resigned and that it might restate earnings for more than five years. Read more..

By BLOOMBERG NEWS - The New York Times

A Novice Pilot Soars, and His Doubts Fall

Next to witnessing my wife give birth to our son, flying the Mustang was by far the coolest, most humbling thing I'd ever done. Read more..

By HARRY HURT III - The New York Times

As Profits Surge, Oil Giants Find Hurdles Abroad

Sharply higher gas prices have tilted the balance of power toward oil-producing countries. Read more..

By JAD MOUAWAD - The New York Times

Bush Gives a Lift to Retail Sales Data

President Bush talked up the newest job numbers as he bought treats for his dog at a small hardware store. Read more..

By JIM RUTENBERG - The New York Times

Doubt Cast on Early Theory on Eye Infections

The recent outbreak of eye infections was unlikely to have come directly from Bausch & Lomb's lens cleaning solution, according to a researcher. Read more..

By BARNABY J. FEDER - The New York Times

Fighting Off Satellites and the Bells

Last year was rough for cable companies but the outlook may be turning. Time Warner Cable's chief executive discusses the company's prospects. Read more..

By KEN BELSON - The New York Times

Financial Plan: Don't Graduate Without One

The college commencement season is upon us, raising an always tricky question: What's the best gift for a new graduate? Read more..

By M. P. DUNLEAVY - The New York Times

Job Growth Was Weak in April, but Hourly Wages Increased

The contradictory numbers left economists unsure whether the weaker April job growth was a hiccup or early evidence of a slowdown. Read more..

By LOUIS UCHITELLE - The New York Times

Nowhere Good to Eat

After comparing the current issues of Food and Wine and Condé Nast Traveler it would be hard not to conclude that there are no hot new restaurants in the U.S. Read more..

PAUL B. BROWN - The New York Times

Reading Between the Testimony

Last week, the Federal Reserve chairman, Ben S. Bernanke, testified before Congress, and the markets and the Web reacted. Read more..

By DAN MITCHELL - The New York Times

See what else happened on May 06, 2006