Americans, Jamaican compete in British Grand Prix.

Tyson Gay has won the 200-meter dash in 20.26 seconds, while Asafa Powell grabbed a 9.87 victory in the 100 at the British Grand Prix. The sprinters, who both missed individual golds at the recent Beijing Olympics, shined during Sunday’s competition in London . Powell had anchored Jamaica ’s world-record-breaking, gold relay team in China , but was disappointed with his fifth-place finish in the 100. American Lauryn Williams, who was involved in the baton-dropping fiasco of the women’s 4×100 relay at Beijing , beat Olympics champ Shelly-Ann Fraser in the Grand Prix’s 100, a race that featured five Beijing finalists.

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Damon Dash dropped from deal.

More bad news for the Roc-a-Fella Records co-founder who recently had news of his pending home foreclosure hit headlines: Damon Dash recently lost his licensing agreement with Pro-Keds. Dash had actually given the impression that he bought the old-school sneaker company. He spoke of plans to make the lesser-name brand hip for a new generation. But now the brand has terminated Dash’s deal. The entrepreneur has yet to strike gold as he did when he helped found the record label that helped make his ex-partner, Jay-Z, a superstar.

The civil rights leader says he’s “grateful to God” that it’s over

The feds are finally giving the Rev. Al some slack. Last year, federal prosecutors announced that they had issued subpoenas to at least 10 of the Rev. Al Sharpton’s associates, demanding all records related to the civil rights leader’s personal finances, business dealings and transactions associated with his organization, the National Action Network. Sharpton has admitted being behind on his taxes, and, between the IRS, the state of New York and the city, he owes somewhere in the neighborhood of $1 million. He has also failed to file taxes for several consecutive years or to obtain workers’ compensation insurance for employees with the network. “We learn from every experience to be more cautious, more accountable,” Sharpton told The Associated Press. While the Harlem-based minister does not collect a salary from the National Action Network, he earns “several hundreds thousand dollars a year in personal income from his nationally syndicated radio show, book royalties and speaking fees,” according to AP. “I’m just grateful to God and my family, and all of our supporters” that the feds have dropped the criminal case, he said.