Olympics

The 2020 Summer Olympics are scheduled to be held in Tokyo, Japan from July 24 to Aug. 9. International Olympic Committee member Dick Pound told the Associated Press Tuesday that a decision on whether to cancel the Olympics due to the COVID-19 virus outbreak will need to be made by May....

Japan’s parliament passed a bill Friday that aims to protect certain domestic companies from foreign investors by cutting the investment threshold at which investors have to notify regulators ahead of purchasing shares in “sensitive companies” from 10% to 1%, according to The...

Airbnb and the International Olympic Committee announced on Monday a partnership deal. The nine-year, five-Games partnership is designed to create a new standard for hosting. The 2020 Olympics will be held in Tokyo, Japan and the 2024 Olympics will be held in Paris, France. Financial Times...

Gap Inc (NYSE: GPS) announced Wednesday its first ever multiyear sponsorship deal with an Olympic athlete, Allyson Felix. What Happened Felix is one of the most decorated track and field athletes in U.S. history and will join Gap's athletic apparel brand, Athleta, as its first-ever sponsored...

The annual Gasparilla festival, Tampa’s version of Mardi Gras, took place last weekend, with local businesses hoping the pirate-themed party would also be a boon for sales. However, major parties and special events like Gasparilla can sometimes have a mixed impact on the local...

The 2018 Olympic Games have yet to begin, but the winners are clear. Dozens of team and committee sponsors are preparing their logos for the world’s biggest marketing opportunity, where they’ll wave their banners before billions of global viewers, heighten brand awareness and promote...

If you cheer Team USA this Olympics, there’s a good chance you’ll also cheer Team Nike Inc (NYSE: NKE). Of course, Polo Ralph Lauren Corp (NYSE: RL)’s has a hand in the non-athletic gear and Omega comes through on watches, but for the most part, Nike has a grip on the national...

Investors are shrugging off Friday's announcement that McDonald's Corporation (NYSE: MCD) and the International Olympic Committee mutually agreed to end their partnership. Shares of McDonald's were trading slightly higher by 0.3 percent early Friday morning after McDonald's Global Chief Marketing...

Michael Phelps has become a champion of mental health awareness. Despite his enormous success in the Olympics, his personal struggles away from the pool led him down a path of depression. "Growing up as a kid with ADHD, I was constantly bouncing off the wall," Phelps recently told...

Comcast Corporation's (NASDAQ: CMCSA) NBC isn't happy with the results of the Olympics. Not because Americans didn’t bring enough medals back home, but due to the 17 percent decline in primetime viewership witnessed in relation to the previous Summer Olympic Games. Comcast paid $12...

Benzinga recently issued a poll asking who was the greatest Olympian of all time, Michael Phelps or Usain Bolt. Phelps was the runaway winner, garnering 63 percent of the vote to Bolt's 25 percent. "Other" received 12 percent of respondents' votes. But, considering the current...

Here is an interesting new concept: The TD Ameritrade Olympic Sponsors Index tracks the performances of many of the major companies that are involved in sponsoring the Olympics game. Benzinga had a chance to chat with TD Ameritrade Chief Market Strategist Joe "JJ" Kinahan and discuss the index....

The Olympics are certainly about top global athletes coming together and competing for national pride. But the event is also a huge opportunity for a number of companies to capitalize on the massive worldwide audience. With this year’s Rio Games set to wrap up on Sunday, the latest data from...

Michael Phelps is the most decorated athlete in Olympic history with 28 Olympic medals, 23 of which are gold. But is he the best Olympic athlete ever? This will be a debate held by friends and family for decades to come. The Case For Phelps In addition to holding the title as being the most...

Worried about your favorite NBA player’s performance after the Olympics? Scared over the famous wear-and-tear theory? Well, don’t be. FiveThirtyEight has done the math and assure that “playing for Team USA doesn’t hurt NBA stars the next season.” Contrary to popular...