American Airlines is celebrating the seven-decade service of a New York mechanic who turns 87 next month and has no plans to retire.

The number of Americans seeking unemployment benefits rose by 34,000 last week, a figure that may have been skewed higher by seasonal factors.

Nearly two-thirds of insurance employers this year faced higher medical insurance premiums, according to the 2012 Compensation Data Insurance survey results.

Matthew Long will be responsible for managing Amerisures $1.5 billion internal fixed income portfolio and be involved in the management of the companys external managed assets.