Business briefs: Delta names new chief

Delta Air Lines Inc. (DAL) fought hard during bankruptcy to avoid being taken over by another carrier. Less than four months after exiting Chapter 11, it reignited speculation Tuesday about a future merger by naming former Northwest Airlines Corp. (NWA) CEO Richard Anderson as its next chief executive. Anderson, a board member at Atlanta-based Delta, will replace Gerald Grinstein on Sept. 1.

HENRY PAULSON

The Treasury secretary attempted to soothe jittery investors Tuesday, insisting the United States will safely get through a spreading credit crisis. He urged patience, saying there isn’t a “quick solution” to the matter. Paulson commented as the Federal Reserve, trying to further stabilize the reeling markets, pumped another $3.75 billion into the financial system.

businessBusiness & Real Estate

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

Lawmaker introduces legislation to kick off creation of Bay Bridge bus lane

Assemblymember Rob Bonta’ s placeholder bill would create ‘sustainable, efficient’ public transit

Student walkout at Aptos highlights concerns about bullying

More than 100 students walked out of Aptos Middle School Friday morning… Continue reading

Thousands of orchids on display at Golden Gate Park

Nearly 30,000 orchids filled the County Fair building at Golden Gate Park… Continue reading

SFUSD educators hit with layoff warning

Superintendent says district faces budget shortfall, depleted reserves

SF to provide $350K to help struggling nonprofit care for youth in crisis

City stopped sending clients to Edgewood Center after sexual abuse allegations emerged

Most Read