Obama to meet with U.S. business leaders in India

WASHINGTON (Reuters) – President Barack Obama will meet a delegation of top U.S. business leaders during his trip to India, the White House said on Monday, as U.S. corporations explore the Asian country’s fast-growing market. Read the full story from Reuters

Army focused on cutting costs, not troops

WASHINGTON (Reuters) – Top Army officials on Monday said they had met Pentagon cost-cutting targets that should allow them to avoid cuts in troop levels and avert a return to the short times between war deployments that have been blamed for rising suicide rates. Read the full story from Reuters

Democrats off to good start in early voting

WASHINGTON (Reuters) – Democrats are off to a stronger than expected start in early voting despite months of dire predictions about their lack of enthusiasm for the November 2 midterm elections. Read the full story from Reuters

U.S. says did not under-report Iraq civilian deaths

WASHINGTON (Reuters) – The U.S. military said on Monday it did not under-report the number of civilian deaths in the Iraq war or ignore prisoner abuse by Iraqi forces, rejecting allegations arising from leaked U.S. documents. Read the full story from Reuters

U.S., S.Korea to meet on long-stalled free trade pact

WASHINGTON (Reuters) – Top U.S. and South Korean trade officials will meet in San Francisco on Tuesday to discuss how to fix beef and auto trade problems that have blocked approval of a free trade agreement since 2007. Read the full story from Reuters

State races to redraw lines of power in Washington

CHICAGO (Reuters) – As Democrats struggle to keep their majorities in the U.S. Congress in the November 2 elections, the next decade of party control may well be determined by scores of state legislative races also on the ballot. Read the full story from Reuters

Treasury too rosy on bailout cost: TARP cop

WASHINGTON (Reuters) – The Obama administration’s latest estimate of taxpayer costs of the Wall Street bailout is too rosy and could ultimately damage public trust in government, the top bailout cop said on Monday. Read the full story from Reuters

Senate unlikely to follow House on yuan

WASHINGTON (Reuters) – The Senate is unlikely to take up pending China currency legislation following a weekend promise by the Group of 20 economic powers to shun currency devaluations for trade advantage, analysts said on Sunday. Read the full story from Reuters

Fox’s news shakeup not as dire as liberals feared

LOS ANGELES (Hollywood Reporter) – Local news is losing viewers at an alarming rate, so News Corp. executives during the summer directed the company-owned stations to try something different: roundtable discussions, guests, analysis — the sort of thing Fox News Channel does. Read the full story from Reuters

U.S.-South Korea aircraft carrier drill called off: report

SEOUL (Reuters) – The United States and South Korean militaries have postponed an aircraft carrier drill in the Yellow Sea ahead of next month’s G20 summit in Seoul following strong criticism from China, local media reported on Monday. Read the full story from Reuters