Business

3:01pm

Wed February 29, 2012
The Salt

Hey Locavores, Are You Creating Jobs?

The Know Your Farmer interactive map shows USDA-supported projects and programs related to local and regional food systems for the years 2009-2011.
USDA

When we think of the farmers we know, we can count a lot of locally-produced food we've reported on, from unusual greens to pawpaws.

And when the Obama Administration and the U.S. Department of Agriculture promotes their Know Your Farmer, Know Your Food initiative, what do they count? Jobs.

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8:53am

Wed February 29, 2012
The Two-Way

The Story Of HitmanForHire.net

Some people are serious when they say, "I want him dead." That is just one of the astonishing revelations chronicled by The Los Angeles Times in a feature on the misadventures of Essam Ahmed Eid.

Eid, as we learn, was the Las Vegas poker dealer turned Internet entrepreneur behind HitmanForHire.net, a site that once promised to bring together people with problems and people with solutions.

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7:20am

Wed February 29, 2012
The Two-Way

James Murdoch Steps Down As Executive Chairman Of News International

Originally published on Wed February 29, 2012 6:34 pm

(FILES) In a picture taken on July 13, 2011 then News International Chairman and Chief Executive James Murdoch arrives for work in east London.
Warren Allott AFP/Getty Images

As the phone hacking scandal that roiled his father's international news company deepened, James Murdoch is stepping down as Executive Chairman of News International.

The AP reports that News Corp., owned by James' father Rupert Murdoch, said he was stepping down "to focus on the company's international TV business."

We'll have more on this story as it develops.

Update at 9:28 p.m. ET. Murdoch's Statement:

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6:55am

Wed February 29, 2012
The Two-Way

Revised Numbers Show U.S. Economy Quickened In The Fourth Quarter

During the last three months of the year, the U.S. economy picked up its pace of growth. The Commerce Department revised its previous estimate today and said the gross domestic product expanded at an annual rate of 3 percent, which exceeded the previous estimate of 2.8 percent and was better than the third quarter's 1.8 percent pace.

The AP reports:

"The growth estimate was revised up because consumers spent more than first thought, and businesses cut spending by much less.

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5:52am

Wed February 29, 2012
The Two-Way

UPDATED: Ex-Mine Security Chief Sentenced To Three Years

Originally published on Wed February 29, 2012 12:59 pm

(The top of this post was updated at 1:45 p.m. ET with news of the prison sentence, and at 3 p.m. ET with the U.S. Attorney's reaction.)

A federal judge in West Virginia has sentenced Hughie Stover to three years in prison. Stover is the former security chief of the Upper Big Branch mine, where 29 miners died in a massive explosion in 2010.

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