WordPress Site Structure Help

Hi

I’m building a website which will use the main wordpress blog as a news section on the site but I don’t want this to be the sites index/home page, this will be a sub section.

However, I would like the to pull the latest news entries onto the index/home page of the site.

I would be very grateful for some guidance as to how I go about doing this. Is there a plugin, template tag or way of structuring the site directories to achieve this.

Thanks
Leanda