At a press event this morning in Los Angeles, Amazon unveiled its latest Kindle tablets and eReaders. As NPR's Steve Henn reports, it's unlikely Amazon will make much money selling these new devices, instead it hopes to profit when people use them to buy digital content.
This move by the European Central Bank is complicated stuff, and we've asked economist Kenneth Rogoff to help explain it a bit further. He's professor of economics at Harvard and former chief economist at the International Monetary Fund.
Welcome back to the program.
KENNETH ROGOFF: Thank you.
SIEGEL: And the first question: In general, is this another incremental, stopgap measure to hold the eurozone together? Or is the European Central Bank and Mario Draghi, are they announcing a game-changer here?
This is ALL THINGS CONSIDERED, from NPR News. I'm Robert Siegel. And we begin this hour with a bold move in Europe. The head of the European Central Bank today unveiled a plan that he said will help contain the continent's grinding debt crisis. Mario Draghi announced the ECB will step up its purchases of government bonds. The point is to bring down interest rates in Spain, Italy and other heavily indebted countries.
Football icon Art Modell has died. Modell was hero to Baltimore Ravens fans because as owner of that NFL team he brought them a Superbowl. But it's a different story in Cleveland, where Browns fans vilify him for moving the team to Baltimore after a dispute with Cleveland political leaders.
Last night, former President Bill Clinton delivered a speech remarkable both for its eloquence and for the sheer quantity of facts it contained. The folks at FactCheck.org described it this way: A fact-checker's nightmare - lots of effort required to run down his many statistics and factual claims, producing little for us to write about.
We're going to put a few of those claims of fact to the test now with Robert Farley, who's the deputy managing editor at FactCheck.org. Welcome to the program.
From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.
AUDIE CORNISH, HOST:
And I'm Audie Cornish at the Democratic National Convention.
All week the conversation here has been about jobs. But other than a primetime appearance by Costco's co-founder, big business supporters have been MIA. I did find a meeting of progressive business leaders, where I met a CEO named Kim Jordan.
This is ALL THINGS CONSIDERED from NPR News. I'm Robert Siegel.
Four years ago, then-Senator Barack Obama took the stage in Denver to accept his party's presidential nomination. He spoke of overcoming partisanship and economic turmoil. Well, tonight, President Obama will do it again with four years of experience under his belt. Since taking office, he has struggled to overcome a crushing recession, a weak recovery and a deeply divided electorate.
NPR's Scott Horsley has this story on the path the president has traveled.
From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel. Since eBay emerged back in 1995, countless small businesses have used the website to sell or auction off their wares. But now, there are new restrictions. As we hear from NPR's Mandalit del Barco, tarot card readers, spell casters and psychics will no longer be able to use eBay to peddle what are known as metaphysical services.
People in Charlotte are watching the convention by the thousands, but people who are watching on television are doing so by the millions. Last night, the convention had some serious TV competition. NBC went with the NFL season opener, the Cowboys-Giants game, instead of Bill Clinton's speech.
How many people are watching the conventions? We turn now to Eric Deggans, who is TV and media critic for the Tampa Bay Times. Hi, Eric.