Insurances & Business

News Economy Business Investment Banks Credits
WHITE CLOUD, Kansas (Reuters) - Kansas farmer Ken McCauley wants to help keep the world from going hungry next year, so he's planting corn: lots and lots of corn.... Markets Nervous: Will U.S. Plant Enough Corn?
NEW YORK/FRANKFURT (Reuters) - The U.S. Federal Reserve prepared to pump $75 billion into frozen credit markets following moves by European central banks on Thursday to help lenders who scrambled... Fed, Central Banks Act on Credit Needs
CHATTANOOGA, Tenn (Reuters) - The U.S. economy could be slipping into recession and the Federal Reserve must cushion the pain, a top Fed policy-maker said on Thursday in remarks supporting... Fed Policy-maker Warns of Recession
BOSTON (Reuters) - Harvard University named Jane Mendillo, who built her resume in the endowment world, to oversee the school's $35 billion portfolio on Thursday after its former top money... Harvard Names Mendillo as New Investment Chief
SAO PAULO (Reuters) - JetBlue Airways <JBLU.O> founder David Neeleman unveiled plans on Thursday for a new low-cost airline in Brazil's fast-growing aviation market, saying he had already raised $150... JetBlue Founder to Start New Airline in Brazil
NEW YORK (Reuters) - Shares of Lehman Brothers <LEH.N> fell by nearly 10 percent in early New York trading on Thursday on rumors that the fourth largest U.S. investment bank... Lehman’s Stock Drops Amid Rumors
OTTAWA (Reuters) - Nortel Networks Corp <NT.TO> <NT.N>, North America's biggest telephone equipment maker, will soon announce an overhaul of what research and development work it does and where it... Nortel to Rethink R&D Work Plans, Executive Says
CHICAGO (Reuters) - American Airlines <AMR.N> and Delta Air Lines <DAL.N> canceled hundreds of flights on Thursday as they pulled aircraft from service to comply with a government directive for... AMR, Delta Cancel Hundreds of Flights For Inspection
BOSTON (Reuters) - U.S. logistics company UTi Worldwide Inc <UTIW.O> on Thursday reported a quarterly profit that topped Wall Street expectations, factoring out restructuring charges, sending its shares up 10... UTi Worldwide Profit Tops Wall Street View
CHICAGO (Reuters) - ConAgra Foods Inc <CAG.N> said on Thursday it would sell its commodity trading and merchandising operations in a deal valued at $2.1 billion, allowing it to focus... ConAgra Quarterly Profit Rises