Michael Phelps’ reign as the world’s most dominant Olympic swimmer took a serious hit in his first race at the London Games. Ryan Lochte captured the gold medal in the 400-meter individual medley on Saturday, while Phelps finished fourth – failing to medal for the first time since the 2000 Summer Games in Sydney when he was just 15 years old. Lochte showed why he has been considered the world’s best swimmer over the last year, holding strong throughout the race before making his move in the backstroke...