ROMANS: It's 47 minutes past the hour. Here's what you need to know to start your day.</s>ROMANS (voice-over): Day two of President Obama's heartland bus tour. He'll be in Iowa talking to farmers and small business owners about his plans for putting American back to work. His trip, which began in Minnesota, wraps up in Illinois tomorrow. And Texas governor, Rick Perry, continues his swing through Iowa. Perry will hold an economic round table in Dubuque. He says the greatest threat to the economy has been President Obama's management of it. The lawyers for James Arthur Ray plan to ask for a new trial today. They say the prosecution didn't turn over all the evidence in the first round. Ray was found guilty of negligent homicide in June for the death of three guests at his Arizona sweat lodge. After gunfire last week between North and South Korea, U.S. and South Korean troops are conducting a military exercise near Seoul this morning. It's expected to last ten days. Seven other nations are also participating. Vice President Joe Biden leaves today for a week-long trip to Asia. He'll visit China, Mongolia, and Japan. He'll spend most of his time in Beijing where he'll discuss America's finances with China's top leaders. Wall Street wiping out those painful losses last week. The Dow rallying 214 points yesterday. The NASDAQ and S&P; 500 were also up about two percent each. U.S. stock futures, though, this morning are down on growth concerns in Europe. Get ready for "Austin Powers 4." Reports say Mike Myers will sign on to play the groovy 1960s era secret agent one more time. Myers is expected to produce, write, and star in the new sequel. The three films in the "Austin Powers" franchise grossed nearly $700 million worldwide.</s>ROMANS: That's the news -- that's the news you need to start your day. AMERICAN MORNING back right after this.
Defense Wants New Trial In Sweat Lodge Case; South Korea And U.S. Begin Military Exercise