Jackson and struggling Knicks agree to part ways
Phil Jackson's turbulent three-year stint as team president of the New York Knicks ended on Wednesday with the 71-year-old having failed to revive the once-proud club.
RIO DE JANEIRO The president of the municipal company in charge of preparing Rio de Janeiro for the 2016 Olympics resigned, city officials said.
Maria Silvia Bastos Marques, a highly respected business executive who once ran a major Brazilian steelmaker, will step down next month, just over two years before Rio hosts the first Olympics ever held in South America.
Her departure from the Municipal Olympic Company, charged with spearheading all preparations by the city government ahead of the games, comes as Rio organizers and the International Olympic Committee spar over delays in everything from the construction of key venues to the overall budget for the event.
Last week, after a visit to evaluate the city's preparations, an IOC committee said it was "crucial" that Rio settle upon a budget and clarify what government agencies will be responsible for various projects that have yet to get started.
This week, local organizers missed another deadline, failing to unveil a budget expected by the end of March.
City officials did not specify why Marques decided to leave, but said she has agreed to continue as an informal advisor to Rio Mayor Eduardo Paes.
(Reporting by Pedro Fonseca; editing by Justin Palmer)
Two-time NBA Most Valuable Player Stephen Curry, one of the best shooters in basketball history, will get to see how he stacks up against professional golfers after receiving a sponsor exemption into the Web.com Tour's Ellie Mae Classic.