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.

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A daily newspaper covering San Francisco, San Mateo County and serving Alameda, Marin and Santa Clara counties.
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