The latest clash between President Obama and Mitt Romney is over an issue dating to the 1990s - Bill Clinton's welfare overhaul. That law has a work requirement which is supposed to help move people off welfare and into jobs. Mitt Romney is now accusing the Obama White House of undermining the law, which the Obama administration calls an outright lie. We asked NPR's Ari Shapiro to do some truth squadding.
ARI SHAPIRO, BYLINE: First the accusation. The Romney campaign's new TV ad says Barack Obama has gutted the welfare laws.
Here in the U.S., analysts are trying to figure out what affect an oil refinery fire could have on gasoline prices. The fire erupted Monday night at an important refinery in Richmond, California. It's owned by Chevron Corporation. It was extinguished within five hours, but could have a lasting impact.
NPR's Richard Gonzales reports that gas prices are expected to shoot up in an already expensive market.
And our last word in business is: shocking - positively shocking.
STEVE INSKEEP, HOST:
Any James Bond fan knows that's a line from (Singing) "Goldfinger."
It's what Bond says after electrocuting a henchmen in a bathtub.
MONTAGNE: Britain has the Olympics, and this fall, it will have a 24-hour James Bond channel. British broadcaster BSkyB is launching the channel for the month of October to mark the 50th anniversary of the Bond franchise.
I always like it when Olympic champions from one sport go to another competition, so I was particularly touched to see Kobe Bryant, with his children in tow, watching as the magnificent Michael Phelps bid adieu to his sport by winning yet one last gold.
Phelps and Bryant are connected these days, too, because both have prompted some historical conversation. Kobe boasted that his current U.S. basketball squad could beat the sainted Dream Team of '92, while Phelps, simply by piling up more medals, opened up the barroom debate about who might be the greatest Olympian ever.