The title Grandmaster is awarded to chess players by the world chess organization FIDE. Apart from World Champion, Grandmaster is the highest title a chess player can attain. Once achieved, the title is held for life.

An oil tanker, also known as a petroleum tanker, is a merchant ship designed for the bulk transport of oil. There are two basic types of oil tankers: the crude tanker and the product tanker. Crude tankers move large quantities of unrefined crude oil from its point of extraction to refineries. Product tankers, generally much smaller, are designed to move petrochemicals from refineries to points near consuming markets.

Ohio started the month of July with its pedal to the metal. The Buckeye State became the 34th state to adopt the 70 miles-an-hour speed limit. Drivers can now do up to 70 on more than 570 of Ohio's 1,332 miles of interstate highway. Congress repealed the 55 mph national limit in 1995. Despite predictions of calamity and carnage on the highways, the National Highway Traffic Safety Administration reported in October 1998 that "the traffic death rate dropped to a record low level in 1997". That pattern has continued since then.

On Monday, after a long quarter-century, West Virginians said goodbye to their state's 6 percent food tax. Now to see what, if any, business we've been missing. In 1989, retailers warned that sales in West Virginia would go down if legislators imposed a 6 percent tax on food. "Whatever they put on would be passed on to the consumer," Charles Forth, who owned supermarkets in both West Virginia and Ohio, told the newspaper in February 1989. "Six percent is $6 on $100. That will make a difference when people are already hurting and trying to make ends meet." It's a lot easier to drive customers away than to win them back, a fact legislators should bear in mind when it comes to taxation.

On this date in 1776, rebellious colonials launched the first modern democracy, an experiment in government controlled by the people themselves. America succeeded so well that virtually the entire world later adopted democracy with its guarantee of personal rights.