RIO DE JANEIRO— Developers brag that the athletes' village for the 2016 Rio de Janeiro Olympics will rival a five-star resort. "All of the visitors here, the ex-athletes and athletes who know many villages, say this village is amazing," said Mauricio Cruz Lopes, the chief executive officer of Ilha Pura, in an interview with The Associated Press. Cruz, who called this the...» Read More
Medal Round - Day 8: Another tough day. Only three days to go and the S&P 500 is barely in positive territory. A 1% spread with the Swiss Market Index remains. Will the USA be able to hold on?
As people debate whether Michael Phelps will be a lasting icon, one company says its data shows that Phelps' legacy is bigger than the legacy of New York Yankees shortstop Derek Jeter.
Medal Round - Day 7: The Nikkei has made a big run in the past few days. Will it be able to finish the week strong and upset the S&P?
Germany’s economy is the third largest in the world in terms of GDP, after the United States and Japan, with a $3.3 trillion GDP in 2007. Here are stats and stocks from Germany.
Medal Round - Day 6: With only days to go before the end of our World Markets Olympics Challenge, the USA seems to be pulling away. Switzerland has pulled back into second and Australia is in third. Who will finish the week strong and grab a medal?
We know what Michael Phelps has meant in the United States from seeing the television ratings and the reaction by collectors on eBay. But I'm at a Michael Phelps Visa press conference in Beijing right now and it is insane here.
Having been in the audience at the Bird's Nest on Saturday night here in Beijing, there were a lot of people that were confused -- along with awed -- by the way Usain Bolt celebrated his upcoming gold medal with 20 meters to go in the 100 meter race, and still broke a world record.
Many Americans are more surprised by Michael Phelps' calorie count than his medal count. This guy with no body fat consumer as much as 12,000 calories a day. That's the total equivalent for a family of five. Or six.
Japan’s economy is the second largest in the world in terms of GDP, after the United States, with an estimated $2.8 trillion GDP for 2007. Here are some key stats on Japan's economy and markets.
Medal Round - Day 5: Half way through the medal round, the playing field continues to shift. The US' S&P 500 looks poised to stay on track for the gold, but the silver and bronze are up for grabs.
Michael Phelps' dominance in the pool here in Beijing is causing a ripple effect throughout the collecting world.
In my 10 years of reporting on the business of sports, I have never heard of this happening. Company A announces itself as the market leader in a certain category or country. Company B then refutes the fact.
Medal Round - Day 4: Despite a down day across the board, the US has held onto its lead for a fourth straight day. As of Wednesday's close, 80% of our leaderboard has moved into negative territory.
NBC's site attracting the most viewers with 2,200 hours of live streaming competition. Yahoo's Olympics site attracted a solid 3.3 million users Saturday, without offering any live footage, while AOL snagged a million uniques.
Today, I interviewed Evan Morgenstein, agent of Nastia Liukin, Jason Lezak and Dara Torres and talked to him about the business of the Olympics.
Although a longshot in winning the gold in our World Markets Challenge, the UK's FTSE 100 is now less than 1% behind the S&P 500 on the leaderboard. Here are some key stats on Britain's economy and markets.
Medal Round - Day 3: Despite a down day, the US continues to outperform while India's Sensex has fallen to last place.
Outfitting Michael Phelps' swimsuit and goggles for the Olympian's all-time gold record-setting performance Wednesday morning in Beijing was supposed to be another coup for Speedo.
Dell introduces their new line of laptops, designed to have the greatest security, the longest battery life and the most robust design, while Warnaco's Speedo is the most desired swimwear for Olympic swimmers. Following are today's top videos:
So the U.S. men's basketball team beats China by a healthy 31 points. So when they make the odds for the Angola game, they put the Angolans as 44-point underdogs. I can understand the rationale, but that's a lot of points.