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The Two-Way
6:20 am
Wed February 29, 2012

James Murdoch Steps Down As Executive Chairman Of News International

(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

Originally published on Wed February 29, 2012 5:34 pm

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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The Two-Way
5:55 am
Wed February 29, 2012

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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The Two-Way
5:40 am
Wed February 29, 2012

Man Who Collected Ryan Braun's Sample Says He Didn't Tamper With It

Milwaukee Brewers outfielder Ryan Braun waits for his turn to take batting practice at baseball spring training in Phoenix. The person who collected Braun's urine samples that tested positive for elevated testosterone levels says he followed the collection program's protocol.
Paul Connors AP

Originally published on Wed February 29, 2012 5:41 am

Dino Laurenzi Jr., the man who collected a urine sample from the Milwaukee Brewer's left fielder Ryan Braun, is defending himself for the first time.

Laurenzi was thrust into baseball's drug testing debate, when Braun questioned his integrity during a press conference on Friday.

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The Two-Way
4:52 am
Wed February 29, 2012

UPDATED: Ex-Mine Security Chief Sentenced To Three Years

Originally published on Wed February 29, 2012 11:59 am

(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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The Two-Way
4:31 am
Wed February 29, 2012

Man U.S. Calls A Top Al-Qaida Figure Is Arrested At Cairo Airport

Saif al-Adel.
FBI

A man the United States lists as one of its most wanted terrorists has been arrested in Cairo.

The AP reports that "security and airport officials" said Mohammed Ibrahim Makkawi was arrested when he arrived in the country on Wednesday from Pakistan.

Makkawi, who the FBI says is also known as Saif Al-Aldel, is wanted in connection to the 1998 bombings of U.S. embassies in Tanzania and Kenya. Makkawi, the FBI says, is also suspected of being a high-ranking member of al-Qaida.

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