Financial news on August 19, 2006

Business and Financial news
Atkins Who? Let Them Eat Pizza

The Papa John’s International’s chief executive spoke about the pizza chain’s plans for even more growth. Read more..

By KEN JAWOROWSKI - The New York Times

Chairman Insists That Dell’s Troubles Are Short-Term Setbacks

Michael Dell defended his company and his actions in the wake of the industry’s largest safety-related recall, lower earnings and looming accounting questions. Read more..

By PATRICK SMITH - The New York Times

China’s Central Bank Raises Rates in Latest Effort to Slow the Economy

The Chinese government is trying to choke off a binge in speculative lending and investment in the country. Read more..

By KEITH BRADSHER - The New York Times

Don’t Chase the Headlines on Terrorism

Investment advisers urge caution before buying security stocks, saying it is tough to succeed in the industry, no matter how dangerous the world. Read more..

By CONRAD de AENLLE - The New York Times

Ford Is Slashing Production 20% in 4th Quarter

The production cuts are the latest indication of just how difficult it will be for the Detroit companies to rejuvenate themselves. Read more..


Microsoft Increases Buyback of Shares

Microsoft nearly doubled its stock buyback to $36 billion after an initial invitation to sell failed to generate enough interest. Read more..

By BLOOMBERG NEWS - The New York Times

Pirates Take Sweden

The case against Pirate Bay, the most hunted digital-piracy outfit in the world, may hinge partly on politics and public opinion in Sweden. Read more..

By DAN MITCHELL - The New York Times

Quattrone May Avoid 3rd Trial

A deal will allow Frank Quattrone, who became a symbol of Wall Street greed, to resume a career in finance. Read more..

By ANDREW ROSS SORKIN - The New York Times

U.S. Subpoenas McAfee Over Dismissal of Counsel

The antivirus software company received a subpoena from a federal grand jury related to the firing of its former general counsel over stock option grants. Read more..

By BLOOMBERG NEWS - The New York Times

What Not to Say at the Office

Nobody likes receiving negative feedback from the boss but you can use it to your advantage. Read more..

By PAUL B. BROWN - The New York Times

See what else happened on August 19, 2006