Lance Armstrong, Livestrong | featured news

The president of a cancer charity founded by Lance Armstrong insists that the organization will persevere in the wake of the cyclist's admission that he used performance-enhancing drugs.

Lance Armstrong has cut formal ties with his cancer-fighting charity to avoid further damage brought by doping charges and being stripped of his seven Tour de France titles.

Lance Armstrong stepped down as chairman of his Livestrong cancer-fighting charity and Nike severed ties with him as fallout from the doping scandal swirling around the famed cyclist escalated Wednesday.