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The company behind one of the most ridiculous products in recent memory has filed for chapter eleven bankruptcy protection in the US! Power Balance – makers of those “performance enhancing” rubber bracelets – has been inundated with lawsuits over their claims that the bracelet’s hologram improves strength and balance. This comes after an Australian distributor was fined $57 million by Aussie regulators to settle the very same claims.

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The Tour de France is over and crikey! – an Australian has won cycling’s biggest prize! Cadel Evans crossed the finish line on the Champs Elysees in Paris as the first rider from down under to ever win the event. Not only that, but at 34 years of age, Evans is also the oldest racer to stand atop the podium since the Second World War!

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