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Lance Armstrong Steps Down as Foundation CEO; Dropped by Nike
Lance Armstrong said Wednesday he will be stepping down as chairman of his Livestrong cancer-fighting charity so the group can focus on its mission instead of its founder's problems.
The move came a week after the U.S. Anti-Doping Agency released a massive report detailing allegations of widespread doping by Armstrong and his teams when he won the Tour de France seven consecutive times from 1999 to 2005.
The document's purpose was to show why USADA has banned him from cycling for life and ordered 14 years of his career results erased - including those Tour titles. It contains sworn statements from 26 witnesses, including 11 former teammates.
Nike is also severing ties with the famed cyclist, citing insurmountable evidence that he participated in doping and misled the company for more than a decade. The clothing and footwear company said Wednesday that it was ending Armstrong's contract "with great sadness."
Nike Inc. said it will continue to support the initiatives of Livestrong, a cancer non-profit organization
Posted: Wednesday, October 17 2012, 08:14 AM CDT
IN OKLAHOMA NEWS
Save the Children sending relief to Moore victims
May 21, 2013 13:22 GMT
MOORE, Okla. (AP) -- Relief organization Save the Children says it's sending help to families affected by Monday's deadly tornado in Moore.
Save the Children CEO Carolyn Miles says experience shows that children are most vulnerable during emergencies. The organization plans to send kits for shelters to create safe play spaces for children displaced by Monday's deadly tornado.
The organization is also sending hygiene materials for infants and toddlers.
Save the Children has served thousands of children in major U.S. emergencies, including Hurricane Katrina and the 2011 tornadoes in Tuscaloosa, Ala.; and Joplin, Mo.
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From the FOX 25 First Forecast Center..Isolated strong to severe t'storms are expected for south central and eastern Oklahoma. There is a severe t'storm watch until 7 a. ...
Asia stocks fall
BANGKOK (AP) -- Asian stock markets fell today as investors waited for the U.S. Federal Reserve to telegraph what it plans to do next with its economic stimulus program.
BC-US--Dow Record-Three Personal Stories, 1st Ld-Writethru,1173
Dow Record: Three tales of ups, downs and changes
AP Photo FX102, FX103
Eds: With BC-US--Dow Record. Adds photos.
By SCOTT MAYEROWITZ
AP Business Writer
NEW YORK (AP) -- When the Dow first crossed 14,000, investors were overjoyed. ...
IN THE NEWS: iPHONE RECOVERED AFTER THEFT IN OREGON
MEDFORD, Ore. (AP) -- A smartphone, plus a not-so-smart criminal -- equals an arrest in Oregon.
WASHINGTON (AP) -- George Washington University students will soon be walking all over the White House and the Capitol, too.