Morning Edition

The USDA's first crops supply report of the new year surprised some analysts. That's because it didn't lower the estimate for corn in storage. Predictably. that led the commodity to drop about 50 cents a bushel.

Transcript

STEVE INSKEEP, HOST:

Small business owners say they're getting more optimistic about the economy, and about their own prospects. That's according to a survey by the National Federation of Independent Businesses, an influential business group. And this is among several recent reports suggesting the economy is continuing to improve.

NPR's Chris Arnold has more.

CHRIS ARNOLD, BYLINE: Small businesses are getting more confident. And that's a good sign, says John Silvia, the chief economist at Wells Fargo.

The brewer of Yuengling based in Pottsville, Pa., is now the largest American beermaker. Other popular beers like Bud are now owned by foreign companies. Yuengling shipments grew last year to about 2.5 million barrels, edging out the maker of Samuel Adams.

The Republican presidential candidates gathered last night In Myrtle Beach, South Carolina, for a debate. Myrtle Beach is also the site for the first convention of the South Carolina Tea Party Coalition.

Under heavy pressure from his rivals, front-runner Mitt Romney defended his record as a venture capitalist. He also insisted he bears no responsibility for attack ads aired by his allies, and grudgingly said he might release his income tax returns this spring.