Economy Nov 16

The judge's gavel is seen in court room 422 of the New York Supreme Court at 60 Centre Street February 3, 2012. Photo by Chip East/REUTERS
Backpage founder Michael Lacey convicted of money laundering

Backpage.com founder Michael Lacey was convicted Thursday on a single count of money laundering and acquitted on another. But the Arizona jury deadlocked on 84 other counts against him, leading the federal judge to declare a mistrial.