Lance Armstrong Steps Down From Livestrong, Gets Dropped by Nike

Wow, today is a crappy day to be Lance Armstrong. After being recently stripped of his Tour de France victories because 11 of his teammates testified against him in an investigation into his doping, Armstrong decided to step down as chairman of his cancer-fighting Livestrong foundation. Then, Nike announced that it was severing ties with Armstrong by terminating his contract and changing the name of the Lance Armstrong Training Center at its world headquarters. [USA Today]