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Nike made the leap onto the stock averages index when Hewlett-Packard, Bank of America and Alcoa were dropped because of their low stock prices. Yes, says, commentator Frank Deford, a mere sporting goods company has joined the wealthy elite.

The America's Cup is winding down and many in San Francisco say it has fallen short of expectation — on and off the water. The defending champions Oracle Team USA, the hometown favorites, are close to defeat by Emirates Team New Zealand. The regatta will likely be remembered for failing to live up to its hype.

The search and rescue effort in Colorado is slowing down. While many are still listed as missing, officials are scaling back on the effort to find those trapped in areas severely affected by recent flooding. They say most people who wanted to get out have been able to do so.

Brazil's President Dilma Rousseff has put off her state visit to the United States over allegations that the National Security Agency spied on her, ordinary Brazilians and the state oil company. This was supposed to be the first state visit by a Brazilian leader in two decades.

The measure would cut $40 billion from the federal SNAP program over 10 years. Republicans who back the cuts say they attack fraud. In reality, the vast majority of SNAP recipients either work or are children, disabled or elderly. The House is poised to take up the bill Thursday.

President Obama, a Harvard Law grad and former law professor, has suggested that students can learn all they need to take the bar exam in two years. That would save them tens of thousands of dollars. But it would also cost law schools millions of dollars in tuition revenue.

White sorority members told the school's student newspaper they wanted to recruit at least two black candidates, but their names were removed before members could vote on them. University President Judy Bonner has ordered sororities to use an open bidding process, which allows them to add new members at any time.

Doctor Sleep is Stephen King's sequel to his 1977 smash hit The Shining, about a haunted hotel. Sleep follows Danny Torrance, the troubled son of Shining protagonist Jack, as he gets drawn into a new battle against evil. Reviewer Alan Cheuse says King "is still scaring the hell out of me."

Also: Vikram Seth finds a new publisher; Marilynne Robinson on thinking like a writer; Rainbow Rowell on censorship.

In a statement she read to the news media at midday Wednesday, Cathleen Alexis says she does not know why her son killed 12 people on Monday at the Washington Navy Yard. Meanwhile, more is coming out about Aaron Alexis's actions in the days leading up to the attack.