LaShawn Merritt crosses the finish line first, in the men's 4x400-meter relay at the IAAF World Athletics Championships in Daegu, South Korea, Sept. 2. Once banned for doping, Merritt has been cleared to run in London next summer.
The International Olympic Committee says it will fight a court's decision that overturns its rule barring athletes suspended for doping from the next Olympics. The rule, which applied to anyone suspended for more than six months, was challenged by U.S. sprinter LaShawn Merritt, with the support of the U.S. Olympic Committee.
Credit David L. Ryan / Boston Globe via Getty Images
Mitt Romney, shown in November 1993, is the former CEO of Bain and Co. In the 1980s, he started an investment fund called Bain Capital. His supporters say that's where he learned to solve big problems, create jobs and grow companies. His opponents say he made money by shutting down factories, occasionally driving companies into bankruptcy.
In the late 1970s, recently out of Harvard Business School, Mitt Romney went to work for the Boston consulting firm Bain and Co. He was successful, but he says his dream was always to run his own business.
In 1984, he got the chance.
The firm's founder asked Romney to start an investment fund called Bain Capital. The company would put money into small or struggling businesses, help them grow, and then Bain would cash out.
The tech world is mourning Steve Jobs, who died Wednesday from complications of pancreatic cancer. Even as the tributes roll in, it's hard to avoid this nagging question: What will become of Apple without its charismatic co-founder?
Jobs rescued Apple from near bankruptcy and turned it into one of America's most important companies — and one of its biggest. Now, Apple is trying to keep the Jobs magic alive.
Richard Cordray was approved by the Senate Banking Committee to head the new Consumer Financial Protection Bureau. But Senate Republicans have vowed to filibuster nominees if there aren't changes to the agency.
Old hands in Washington know it's never a good sign when the president of the United States has to make a statement like this one.
"I have complete confidence in Attorney General Holder, in how he handles his office," President Obama told reporters at a news conference Thursday. "He has been very aggressive in going after gun running and cash transactions that are going to these transnational drug cartels."
Originally published on Thu October 6, 2011 2:11 pm
With college sports conferences realigning themselves as if they were inspired by the Human Centipede horror films, another twist has emerged today, with Texas Christian University opting to leave the Big East — a conference it had not yet formally joined — in favor of the Big 12.
The move is sure to unsettle the Big East, which has already lost Syracuse and Pittsburgh to the Atlantic Coast Conference. There are also rumblings that the University of Connecticut is interested in leaving for the ACC, as well.