David Ortiz and Manny Ramirez were among the more than 100 Major League Baseball players who tested positive for performance-enhancing drugs in 2003, according to a report in The New York Times.

Cablevision Systems said Thursday that its board has approved a plan to spin off as a separate company its Madison Square Garden business, owner of the New York Knicks, Rangers and the famed sports arena where they play.

General Motors will end its half-century run as sponsor of the Buick Open golf tournament as it tries to focus scarce marketing dollars on its cars and trucks, a person briefed on the decision said Tuesday.

NFL players are blitzing Capitol Hill, meeting with about a dozen members of Congress, including House Speaker Nancy Pelosi, to build political support in a possible labor showdown with team owners.

A new camera and software system in its final testing phases will record the exact speed and location of the ball and every player on the field, allowing the most digitized of sports to be overrun anew by hundreds of innovative statistics that will rate players more accurately, almost certainly affect their compensation and perhaps alter how the game itself is played.

What started as a college drinking game (and, honestly, never stopped being one) is expanding beyond the frat house. Beer Pong leagues are popping up around the country — and there’s actually some substantial money in the game for expert players.

Lenny Dykstra sat down with CNBC at his $24 million hilltop estate behind the gates of Sherwood Country Club.

In a film production office here, at least a couple of employees were still hanging around on Monday, hoping in vain to score with their troubled baseball movie "Moneyball." But they had swung, and missed.

Tickets for the chance to see British tennis hopeful Andy Murray play in the men’s final of the Wimbledon championship have been rocketing in price, with one tout offering to sell centre court tickets for £20,000 ($32,636) each, according to media reports.

In the current economic climate, with C-level executives in every type of business wanting to wring every penny from their corporate processes, sustainability means finding ways to reduce, reuse, and repurpose anything along their supply chain, leading hopefully to a leaner, cleaner—and greener—operation.

Nike posted better-than-expected earnings but said its forward orders fell 12 percent, sending shares of the company lower.

Third-round play at the sopping wet and twice-interrupted U.S. Open resumed Sunday but the delays leave no chance for a winner being crowned by day's end. It will be the first Monday finish for the event in 26 years. , with no chance of a champion being crowned by day's end. It will be the first 72-hole Monday finish at the U.S. Open in 26 years.

Tom Ricketts' deal to buy the Chicago Cubs baseball franchise has hit a possible snag, CNBC has learned.

Britain's Olympic athletes, already hit by cost cuts last year, could face another round if the government changes hands.

Yahoo has sued the NFL Players Association, claiming it shouldn't have to pay royalties to use players' statistics, photos and other data in its popular online fantasy football game because the information is already publicly available.