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Nike cutting ties to Livestrong
Livestrong Nike Cycli Heal
FILE - In this Aug. 25, 2012 file photo, Lance Armstrong talks to reporters after his second-place finish in the Power of Four mountain bicycle race at the base of Aspen Mountain in Aspen, Colo. Nike Inc. is cutting ties with the Livestrong cancer charity founded by Armstrong. The move by the sports company is the latest fallout in the doping scandal surrounding the former cyclist, who now admits he used performance-enhancing drugs to win the Tour de France seven times. (AP Photo/David Zalubowski, FIle) - photo by Associated Press
AUSTIN, Texas — With Nike's help, Lance Armstrong's Livestrong cancer charity turned a little yellow wristband into a global symbol for cancer survivors. Celebrities and rock stars sported them on stage. Politicians wore them on the campaign trail and in the White House.