The head of Chicago's bid for the 2016 Olympics says its is unlikely that taxpayers will be on the hook for millions of dollars if the games turn out to be a financial flop.
Picabo Street believes that in tough times for Americans, they can still feel patriotic about their Olympic teams.
London 2012 organizers have completed a deal to sell almost half of the housing units in the Olympic Village after the games.
Beijing Olympic organizers say they made a profit out of hosting last year's Summer Games.
Knowing the federal government does little to regulate the steroid-tainted, multibillion-dollar supplement industry, the leader of the U.S. Anti-Doping Agency urged a group of attorneys general to take action on the state level.
With 3 1/2 months to go, Rio de Janeiro has picked up significant momentum in the race for the 2016 Olympics.
The International Olympic Committee announced a deal on Thursday for 20 Arab states to broadcast the 2014 Sochi Olympics and Summer Games in 2016.
Officials of Tokyo's bid for the 2016 Olympics have invited Japan's crown prince to travel to Copenhagen for the IOC vote on Oct. 2.
The four cities bidding for the 2016 Olympics took their case directly to the voters on Wednesday, stressing the backing of their government leaders and promising financial security for their multi-billion-dollar projects.
Chicago led off the presentations Wednesday of the four cities bidding for the 2016 Olympics, stressing strong support from the White House and offering financial guarantees for the multi-billion dollar project.
A group opposing Chicago's bid to host the 2016 Summer Games took its case to International Olympic Committee headquarters Tuesday.
Financial considerations should not drive the decision on which city hosts the 2016 Olympics, IOC president Jacques Rogge said Tuesday on the eve of key presentations by the four candidates.
The International Olympic Committee says Kuwait will be suspended from the Olympic movement if it does not change its sports laws within six weeks.
Prague will not enter the race to host the 2020 Summer Olympics as planned due to the global economic crisis.