Amateurs Deserve Fair Gran Fondo Race, Fluhme Says

May 10 (Bloomberg) -- Uli Fluhme, co-founder of the Gran Fondo New York amateur bicycle race, talks with Bloomberg's Michael Buteau about the race organizers' decision to conduct drug tests sanctioned by the U.S. Anti-Doping Agency. First held in 2011, the Gran Fondo New York had two doping cases last year, its first for drug tests. This year, winners will collect a total of $50,000 in prizes, including an $8,000 bicycle, and the continued drug tests are drawing support from participants. It costs $190-$300 to enter. (Source: Bloomberg)

UBS' CEO Sees a Bit of Momentum in 1Q
01:21 - Sergio Ermotti, chief executive officer at UBS, discusses the company's first-quarter results, cross-border outflows and his outlook for the investment bank. He speaks to Bloomberg's Manus Cranny in Zurich following the bank's earnings release. (Source: Bloomberg)
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