Businesses sign on to health care reform, Obama says

President Obama said Monday that he has secured the commitment of several key industry groups to do their part to rein in the growth of health care costs. This pledge from the private sector could reduce the growth in health care spending by 1.5 percentage points a year, for a savings of $2 trillion over 10 years, according to senior administration officials.

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Another Blow to Ethanol: Biolectricity Is Greener

Once touted as an environmental and economic cure-all, corn ethanol has had a rough year. The collapse in grain and oil prices, preceded by overinvestment in refineries over the past few years, badly hurt ethanol producers.

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Analysis: Obama faces test on Afghanistan, Pakistan

President Obama’s ambitious strategy for Afghanistan and neighboring Pakistan, dubbed "Afpak" by administration officials, will face its first test Wednesday when he meets with the leaders of both countries — neither of which is seen as able to maintain stability and fight strengthening Islamic insurgencies.

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