Quote of the Day

"Mobbed like a rock star, Teflon-like in his ability to dodge every gaffe, he is having a moment so Olympian that he spends much of his time batting off speculation that his next stop is 10 Downing Street, home of the British prime minister."
-- AP writer Danica Kirka, on London Mayor Boris Johnson. (AP, 8/1)
Thursday August 2, 2012 Vol. 1 — No. 38 Print This Issue

Top Stories

  • The Swiping Games

    International visitors to the London Games have spent almost $700M through Visa since July 23. The company today said that travelers from the U.S. spent $85.5M, more than any other country. Japan ($50.9M) and France ($41.5M) spent the second and third most, respectively. Visa was tracking money spent by its cardholders by sector, as well. There has been $133.7M spent on services ranging from shoe repair to spa treatments, $95.5M on entertainment like theater tickets, $82.9M on airlines and $71.8M with retailers ranging from antique shops to drug stores.

  • Everyone Into The Pool

    Coverage of Michael Phelps' record-setting night goes swimmingly for the BBC.

  • A Cut In Pay

    With Rangers in Third Division, SPL loses $27M in its new deal with Sky Sports.

  • Hizzonor's Time To Shine

    London's free-spirited Mayor Boris Johnson is relishing the Olympic spotlight.

  • Things Go Better

    Coca-Cola CEO Kent says his company's Olympics seats are being used.

  • Wind In Their Sails

    Lexus signs on as the official automotive sponsor for the 2013 America's Cup.

  • A Good Paddling

    Hyundai signs record sponsorship deal for Table Tennis Australia's Bennelong Cup.

  • Worth Its Weight

    Australian Grand Prix's value to host Melbourne is estimated at more than $200M.

  • Looking For Payback

    Chinese firms demand compensation from adidas after company cancelled contracts.

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