Foreign affairs: U.S. treasury secretary praises troubled Brazil

U.S. Treasury Secretary Paul O’Neill met with Uruguay’s president Tuesday, a day after a $1.5 billion emergency U.S. loan rescued that nation’s banking system.

The treasury secretary visited Montevideo, Uruguay, after stopping in Brazil, where he lauded South America’s largest economy as a good place to invest an effort to boost its jittery markets and sagging currency.

“I have thought for a long time, since I have direct responsibility for investing billions of dollars, Brazil is a good place to invest,” O’Neill said Tuesday. “I’ve seen only things that strengthen my view that Brazil is a great place to participate in economic development.”

The American’s four-day South American trip reflects Washington’s concern about the region’s widening economic troubles.

Leadership: AOL Time Warner names head of Online division

Former cable television and e-commerce executive Jonathan Miller was named chairman and chief executive of AOL Time Warner Inc.’s troubled America Online division Tuesday.

The appointment is the latest move in a broader management shake-up to revive the ailing company.

The selection of Miller, a former executive at USA Interactive, reflects the company’s desire to make more money through e-commerce. At USA Interactive, Miller, 45, oversaw Expedia, Hotels.com and other e-commerce operations.

Shares of AOL fell 5 cents to $9.90 Tuesday on the New York Stock Exchange.

Recognition: Beech Aircraft founder to be featured in exhibit

Olive Ann Beech, co-founder of Wichita-based Beech Aircraft, will be among 60 American businesswomen featured in a traveling exhibit sponsored by Harvard University.

Beech, who co-founded Beech Aircraft with her husband in 1931, then led the company for decades after his death in 1950, will be featured in Harvard’s “Enterprising Women” exhibit.

She is the only Kansan in the exhibit, which will explore themes from women’s history.

The exhibit will open in October in Lexington, Mass., and travel to New York, Washington, D.C., Atlanta, Dallas, San Francisco, Detroit and Chicago before closing in 2004.

Dodge City: $112,200 fine proposed against National Beef

A beef-processing plant in Dodge City, Kan., has been cited for allegedly violating federal safety laws, the Occupational Safety and Health Administration said.

Charles Adkins, OSHA’s regional administrator, said Monday that the citations for 28 alleged violations of the Occupational Safety and Health Act were the result of inspections of the Farmland National Beef plant in February. The proposed penalty is $112,200.

National Beef said it was working with OSHA and that most of the alleged violations were corrected within two weeks of the investigation.