International Business News - OLY http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif The economic crisis has forced the U.S. Olympic Committee to delay setting next year's budget while officers consider contingency plans that could include administrative cuts. http://www.ibtimes.com/articles/20081013/rough-times-force-usoc-to-rethink-2009-budget.htm Mon, 13 Oct 2008 10:13:14 EDT The drug that got American skeleton racer Zach Lund barred from the Turin Olympics hours before the opening ceremony is being removed from the World Anti-Doping Agency's banned list. http://www.ibtimes.com/articles/20081008/drug-that-got-lund-banned-from-turin-will-be-legal.htm Wed, 08 Oct 2008 18:45:26 EDT Chicago organizers are confident the global economic crisis will have no negative effect on the city's bid to host the 2016 Olympics. Members of the Chicago organizing committee will make their first formal presentation to IOC members on Saturday during the Pan American Sports Organization meeting in the Mexican resort town of Acapulco. http://www.ibtimes.com/articles/20081008/chicago-economic-crisis-wont-affect-olympic-bid.htm Wed, 08 Oct 2008 10:23:58 EDT Any athletes who thought they got away with doping at the Beijing Olympics shouldn't rest easy. The drug police are coming back. The International Olympic Committee said Wednesday it will retest samples from the games to search for a new blood-boosting drug at the center of the latest Tour de France scandals. http://www.ibtimes.com/articles/20081008/ioc-to-retest-all-doping-samples-from-beijing.htm Wed, 08 Oct 2008 20:18:18 EDT Olympic organizers intend to "bear down" on costs in the wake of the global financial crisis and do everything possible to avoid overruns on the $17 billion budget for the 2012 Summer Games. http://www.ibtimes.com/articles/20081007/london-mayor-vows-to-bear-down-on-olympic-costs.htm Tue, 07 Oct 2008 13:00:34 EDT International gymnastics officials aren't the only ones who want more information on two members of China's 2000 Olympic team. The Chinese Gymnastics Association is doing its own investigation into the ages of Dong Fangxiao and Yang Yun, spokeswoman Zhou Qiurui said Tuesday. New information suggests the two could have been as young as 14 at the Sydney Olympics, where China won the bronze medal. http://www.ibtimes.com/articles/20081007/chinese-authorities-checking-ids-of-gymnasts-too.htm Tue, 07 Oct 2008 12:55:04 EDT Mayor Boris Johnson says authorities must speed up planning for security at London's 2012 Olympic games. Johnson told a House of Commons committee on Tuesday that Britain's capital won't mimic what he called Beijing's "oppressive" security during the recent summer Olympic games. http://www.ibtimes.com/articles/20081007/london-mayor-urges-faster-olympic-police-planning.htm Tue, 07 Oct 2008 10:10:08 EDT Reductions in rail and highway links for the 2014 Winter Games in Sochi reportedly have been approved by the International Olympic Council. A light-rail system linking the venues for snow and ice sports will be cut from two tracks to one, and a highway between the sites will have three lanes instead of four. http://www.ibtimes.com/articles/20081007/report-ioc-approves-sochi-2014-transport-changes.htm Tue, 07 Oct 2008 11:20:18 EDT Michael Phelps was formally welcomed home Saturday with a two-pronged celebration that began with a parade and ended with a fireworks show at historic Fort McHenry. http://www.ibtimes.com/data/articleimgs/145833-phelps-welcome-home.jpg http://www.ibtimes.com/articles/20081005/phelps-honored-by-baltimore-with-parade-and-salute.htm http://www.ibtimes.com/articles/20081005/phelps-honored-by-baltimore-with-parade-and-salute.htm Sun, 05 Oct 2008 15:49:26 EDT Michael Phelps was honored by his hometown Saturday with a parade attended by thousands eager to pay homage to the record-setting Olympian. Phelps was the focal point of the "Parade of Gold", which served as a homecoming for Maryland's Olympic heroes, most notably the swimmer who won a record-setting eight gold medals at the Beijing Games this summer. http://www.ibtimes.com/data/articleimgs/145298-phelps-welcome-home.jpg http://www.ibtimes.com/articles/20081004/phelps-honored-by-baltimore-with-parade-and-salute.htm http://www.ibtimes.com/articles/20081004/phelps-honored-by-baltimore-with-parade-and-salute.htm Sat, 04 Oct 2008 17:36:25 EDT Ticket sales started Friday for the 2010 Vancouver Olympics and aren't first come, first served. Instead, they will be available for five weeks through an online process designed to thwart scalpers trying to snap up tickets to the best events. http://www.ibtimes.com/articles/20081003/2010-olympic-ticket-sales-begin-friday.htm Fri, 03 Oct 2008 12:49:52 EDT The U.S. Olympic Committee is replacing a name most sports fans know--Peter Ueberroth--with one of the architects of the games most sports fans know--EA Sports. http://www.ibtimes.com/data/articleimgs/144638-usoc-chairman-olympics.jpg http://www.ibtimes.com/articles/20081003/former-ceo-of-ea-sports-to-chair-usoc-board.htm http://www.ibtimes.com/articles/20081003/former-ceo-of-ea-sports-to-chair-usoc-board.htm Fri, 03 Oct 2008 02:07:01 EDT The U.S. Olympic Committee is replacing a name most sports fans know--Peter Ueberroth--with one of the architects of the games most sports fans know--EA Sports. http://www.ibtimes.com/articles/20081002/usoc-picks-probst-as-new-chairman.htm Thu, 02 Oct 2008 21:28:06 EDT Though the case is closed on China's Olympic gold medalists, the age controversy in gymnastics is far from over. Documents confirm all six members of China's gold medal team at the Beijing Games were old enough to compete, the International Gymnastics Federation said Wednesday. But it wants more answers from two members of China's 2000 squad--Dong Fangxiao and Yang Yun--saying it "does not consider the explanations and evidence provided to date in regards to these athletes as satisfactory." http://www.ibtimes.com/articles/20081001/gym-officials-chinas-2008-gold-medalists-of-age.htm Wed, 01 Oct 2008 18:19:42 EDT IOC president Jacques Rogge says the global financial crisis should not hurt preparations for upcoming Olympics. "No one has certainties today, but I am not pessimistic for the Olympic Games," Rogge said. http://www.ibtimes.com/articles/20080930/rogge-says-global-crisis-wont-hurt-olympic-cities.htm Tue, 30 Sep 2008 12:32:06 EDT The chairman of the British Olympic Association said Monday any increase in the security budget for the 2012 London Games is a "price you absolutely have to pay" to make the Olympics secure. http://www.ibtimes.com/articles/20080929/official-says-2012-security-increase-necessary.htm Mon, 29 Sep 2008 12:30:07 EDT Michael Phelps returned to the University of Michigan, his home for four years before the Beijing Games. "It feels good to be back," he said Saturday. "It feels good to be back in the maize and blue." http://www.ibtimes.com/articles/20080927/phelps-returns-to-his-michigan-his-2nd-home.htm Sat, 27 Sep 2008 16:53:33 EDT Returning to the Baltimore pool where he honed his swimming skills, Michael Phelps accepted a $250,000 donation Thursday from Kellogg's for his charitable foundation. http://www.ibtimes.com/articles/20080925/phelps-returns-home-picks-up-foundation-donation.htm Thu, 25 Sep 2008 09:43:03 EDT The prolonged global financial turmoil is making it difficult for London organizers to secure private funding for key construction projects for the 2012 Olympics. http://www.ibtimes.com/articles/20080925/market-meltdown-hindering-funding-for-london-2012.htm Thu, 25 Sep 2008 12:45:27 EDT One of the Chinese gymnasts whose age has been called into question is blaming the discrepancy on a slip of the tongue. International gymnastics officials have expanded their investigation into the eligibility of the Chinese women's team at the Beijing Olympics to include members of the 2000 squad, the bronze medalists in Sydney. http://www.ibtimes.com/articles/20080925/fig-investigates-chinas-2000-gymnastics-team-too.htm Thu, 25 Sep 2008 15:02:57 EDT