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Tommie Smith, John Carlos

Obama welcomes relatives of 1936 African-American Olympians

WASHINGTON (AP) — Relatives of Jesse Owens and America's 17 other black athletes from the 1936 Olympics were welcomed to the White House on Thursday by President Barack Obama for the acknowledgement they didn't receive along with their white counterparts 80 years ago.

Along with the relatives of the 1936 African-American Olympians, gloved-fist protesters Tommie Smith and John Carlos and members of the 2016 U.S. Olympic and Paralympic teams met the president and first lady Michelle Obama. Obama congratulated the Rio athletes, thanked Smith and Carlos for waking up Americans in 1968 and praised 1936 Olympians who made a statement in front of Adolf Hitler in Nazi Germany.

A look at rising costs for the Tokyo 2020 Olympics

TOKYO (AP) — An expert panel set up by Tokyo's newly elected governor says the price tag of the 2020 Tokyo Olympics could exceed $30 billion unless drastic cost-cutting measures are taken. That's more than a four-fold increase from the initial estimate at the time Tokyo was awarded the games in 2013.

Congress Olympics Tax

Congress blocks 'victory tax' on Olympic athletes

WASHINGTON (AP) — U.S. Olympic athletes would be exempt from a so-called victory tax under legislation approved by Congress and sent to the president.

The Senate gave final legislative approval Thursday to a bill that would block the IRS from taxing most medals or other prizes awarded to U.S. Olympians.

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