LONDON

Gabby Douglas Wins Gold Medal In 2012 London Olympic Games

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American gymnast Gabby Douglas definitely has something to smile about after adding another gold medal to her 2012 London Olympics memorabilia. The Flying Squirrel won her second gold medal after competing in the individual all-around final on day six of the London 2012 Olympic Games on Thursday. She and her Fierce Five teammates brought the United States their first gold medal for gymnastics in the Olympics since 1996.
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London

The Olympic-Sized Myth That The Games Are A Gold Medal For Business

At each Olympic Games the same scenario unfolds: Organizers and government officials tout the astounding economic benefits. The city, basking in the glow of Olympic pride, goes along with the officials. In the end, however, the so-called benefits rarely surface.
Traders work on the floor of the New York Stock Exchange at the end of the trading day in New York

US Stock Futures Signal Higher Open Ahead Of ECB Decision

U.S. stock index futures point to a higher opening Thursday with investors keeping a close watch on the European Central Bank meeting later in the day, which is expected to announce stimulus measures to revive the economic growth.
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Olympics: World Badminton Chief Apologizes; China's Disqualified Yu Quits The Sport, Blames WBF For Shattering Her Dreams

After the disgraceful episode of "throwing the match" and the subsequent ouster of eight badminton players from China, South Korea and Indonesia from the London Olympics, it was "apology time" Thursday for those involved. Chinese top seeded player Yu Yang has tweeted her decision to quit badminton following the incident and blamed the WBF for shattering her dreams.
A bull styrofoam figure is pictured in front of the DAX board at the Frankfurt stock exchange

European Stocks Rise On ECB Stimulus Hopes

Most of the European markets rose Thursday amid hope that the European Central Bank would announce stimulus measures later in the day to boost the faltering euro zone economy.

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