Olympics, 2012 Olympics | featured news

The men's archery team clinched the U.S. its first medal after it won its semifinal match. They took silver when they could not overcome Italy in the final.

Ryan Lochte turned his much-anticipated duel with Michael Phelps into a blowout, pulling away to win the Olympic 400-meter individual medley by more than 3 seconds Saturday night. Even more stunning: Phelps didn't even win a medal.

The Olympics opening ceremony was seen in the U.S. by 40.7 million people, making it the most-watched opening ceremony for a summer or winter Olympics.

Yi Siling of China won the first gold medal of the London 2012 Olympics with victory in the women's 10m air rifle at the Royal Artillery Barracks. The 23-year-old world number one and title favourite beat Poland's Sylwia Bogacka into second, with Yu Dan of China taking bronze.

The British men sure know how to kick off a party. The host country, which was only good enough to send two gymnasts to Beijing four years ago, upset Olympic champion China and took the early lead in qualifying Saturday at the London Olympics. A spectacular pommel horse by Louis Smith capped the day for the British, who finished almost 2.5 points ahead of China with at a total of 272.420.

A look at media coverage of the Summer Olympics: Even before NBC signed on for its coverage of the Summer Olympics in London on Friday, it drew a storm online for its decision not to stream the opening ceremony digitally. Despite the grumbling, it's a decision that may pay off for the network.

The queen and James Bond gave the London Olympics a royal entrance like no other Friday in an opening ceremony that rolled to the rock of the Beatles, the Stones and The Who. And the creative genius of Danny Boyle spliced it all together. Brilliant. Cheeky, too.

From criticising the biggest sporting event Britain has held in over 40 years, to "looking out of the backside of 10 Downing Street", Mitt Romney's first foreign trip of his presidential candidacy hasn't gone quite as well as he might have hoped. As the former Massachusetts governor continues to gaffe his way across London, here's a round-up of Romney's red-facers. So far.

A Democratic super PAC that used footage from the 2002 Olympics to slam Mitt Romney has taken down a Web video at the request of the U.S. Olympic Committee and will not run a related TV ad.

Li Guilian has built Dayang Trands into a $300-million company that tailors clothing for some of the world's most famous brands and powerful people... Dayang is also the manufacturer behind those snappy blue blazers and white slacks designed by Ralph Lauren for this year's U.S. Olympic team... The dust-up comes at a time when American unemployment remains stubbornly high, fueling tension over China's massive trade imbalance with the U.S.