CNBC's Morgan Brennan reports obstacle race courses are the fastest growing sport in the U.S. right now. The company's CEO Joe DeSena hopes to get to 42 countries and turn this into an Olympic sport.» Read More
Around lunchtime word broke that Rio de Janeiro will host the 2016 Olympics putting the games in South America for the first time. Is there a trade here?
The 2016 Olympics are going to Rio de Janeiro, putting the games in South America for the first time. Rio beat surprise finalist Madrid in the last round of voting.
Here's my view: Obama would only make the trip if he knew Chicago was going to get it. Since his HC/Energy/Fin Reg Reform has stalled, the President needs a victory.
In a hometown pitch for the world's biggest sporting event, President Barack Obama lobbied Olympic leaders to give the 2016 Summer Games to Chicago, saying the U.S. "is ready and eager to assume that sacred trust."
President John F. Kennedy's sister Eunice Kennedy Shriver, who carried on the family's public service tradition by founding the Special Olympics and championing the rights of the mentally disabled, died Tuesday morning, her family said in a statement. She was 88.
Britain's Olympic athletes, already hit by cost cuts last year, could face another round if the government changes hands.
With public debt swelling and the British taxpayer having to foot the bill for once-almighty banks such as the Royal Bank of Scotland or Lloyds, the 2012 London Olympic Games are posing a considerable challenge to a city that celebrated wildly in 2005 when it trumped Paris's bid to host the prestigious sports event.
A South Carolina sheriff said Monday he was not going to charge swimmer Michael Phelps after a photo of the 14-time gold medalist showed him smoking from a marijuana pipe.
Oh my god, Michael Phelps was photographed smoking pot from a bong! How could this Olympian, this national hero, have let us down so completely? What's the world coming to?
The latest on Michael Phelps has him contemplating whether he wants to swim in the 2012 Olympics, which was previously a given.
When Hollywood does sports movies, they are always careful to bring in consultants to make sure the action looks authentic. Well, it's only 30 seconds, but it appears like the folks at Research in Motion, parent company of the BlackBerry, should have brought in a sports consultant for its spot that has been running incessantly during NFL games.
In a somewhat surprising move, Nike has pulled out of the Olympic swimwear market.Sources told CNBC that, last week, officials with the world's largest shoe and apparel maker told college swim coaches who they have contracts with, that the company would no longer be developing the latest and greatest for championship swimmers.
Medal Round - Final: The Beijing Olympics have come and gone, and so does our World Markets Olympic Challenge. The USA's S&P 500 surged on its last day of the competition to solidly take the gold. See how the other indices finished here.
We tallied the countries with the most gold awarded in a summer Olympics since regulations were established in 1978, and the value of gold during that period.
India’s economy is the twelfth largest in the world in terms of GDP measured in US dollars, with a solid $1.10 trillion in GDP for 2007. Here are stats and stocks from India.
Medal Round - Only One Day to Go: With only one day left in the competition, the USA's S&P 500 finished the day up .25%, the only competing index to gain for the day. It'll take a big rally in Australia to catch the S&P, but who will take home the silver and bronze?
Medal Round - Day 9: After a few rough days, most of the contenders have a positive day. Switzerland, however, pulled back a bit and the S&P 500 has padded its lead. Australia is coming on fast. Will the USA be able to hold on?
Winning a gold medal at this year’s Beijing Summer Olympics may bring more than just bragging rights, fans, glitz and fame. Olympians like Michael Phelps are also winning huge endorsement deals from companies that want to share in their glories. What kind of payoff do they and their sponsors stand to receive?
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.