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Business
4:50 am
Wed August 8, 2012

Business News

Originally published on Wed August 8, 2012 11:52 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with markets rather optimistic.

Stock market averages in Asia closed higher today for the third day in a row. There's apparently a feeling that the U.S. and Europe are poised to make moves that will help the global economy. Investors are betting that the Federal Reserve will launch new stimulus action. And they're also betting that some decisive action will be taken soon to reign in the fiscal crisis in Europe.

Election 2012
4:50 am
Wed August 8, 2012

Romney's Welfare Ad Slams Obama

Originally published on Wed August 8, 2012 11:52 am

Transcript

RENEE MONTAGNE, HOST:

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.

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Business
4:50 am
Wed August 8, 2012

The Last Word In Business

Originally published on Wed August 8, 2012 11:52 am

Transcript

RENEE MONTAGNE, HOST:

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.

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Sports
4:50 am
Wed August 8, 2012

Decathlon, Beach Volleyball In Olympic Spotlight

Originally published on Wed August 8, 2012 11:52 am

Transcript

RENEE MONTAGNE, HOST:

The Olympic Games in London have already brought a lot of drama and made some history, as well. And today and tomorrow could bring more memorable moments.

NPR's Howard Berkes is covering his eighth Olympics and he joins us now to tell us about what we can look forward to. Good morning.

HOWARD BERKES, BYLINE: Good morning.

MONTAGNE: I see the decathlon is on your list of events to pay attention to today. Outside of the Olympics, of course, most of us don't pay a lot of attention to that particular sport. Why today?

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Sweetness And Light
3:27 am
Wed August 8, 2012

How Can You Really Measure The Greatest Olympian?

Before U.S. swimmer Michael Phelps broke the record for the most medals, did anyone say the precious record-holder, gymnast Larisa Latynina, was the greatest Olympian?
Leon Neal AFP/Getty Images

Originally published on Wed August 8, 2012 11:52 am

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.

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