Top News & Analysis United States

  • NIWOT, Colo.-- Crocs Inc., which makes colorful plastic shoes, said Wednesday that its net income rose 49 percent in the third quarter, helped by strength in the U.S. and Asia. But the company said demand slowed in Asia, particularly Japan, as the third quarter progressed, and it offered a fourth-quarter outlook below analysts' expectations.

  • PHOENIX-- Trucking company Knight Transportation Inc. said the third quarter was tougher than expected, as high fuel prices and a weak economy hurt demand for freight-shipping, resulting in flat earnings. The company said Wednesday that its net income was $16.6 million, or 21 cents per share, virtually the same results as the 2011 third quarter.

  • NEW YORK-- The dollar traded in tight ranges against the euro Wednesday after the Federal Reserve said the economy is improving only moderately and still needs its support to help lower unemployment. The euro slipped to $1.2973 in late trading Wednesday from $1.2976 late Tuesday. In other trading, the British pound rose to $1.6036 from $1.5942.

  • PONTIAC, Michigan, Oct 24- General Motors Co said the redesigned 2014 Chevrolet Corvette that goes on sale next year will get a new 450- horsepower V8 engine.

  • *Swiss to vote on curbing executive pay on March 3. ZURICH, Oct 24- Swiss business is rallying to arms to defend top managers' pay as the government set a date on Wednesday for a referendum that may impose the world's first law forcing companies to accept any limits shareholders place on executive rewards.

  • LAS VEGAS-- Wynn Resorts Ltd. says its profit fell nearly 12 percent in the third quarter, as a debt-related loss boosted expenses for the casino operator. The Las Vegas company said Wednesday that net income fell to $112 million, or $1.11 per share, compared with net income of $127.1 million, or $1.01 per share, a year earlier.

  • Oct 24- Chili's Grill& Bar parent Brinker International Inc on Wednesday said a cool-down in sales at established restaurants was stretching into the current quarter, sending its shares down more than 10 percent.

  • The White House released it Wednesday after the editor of the newspaper, which is still deciding its presidential endorsement, wrote a blistering blog complaining of the restriction.

  • LOUISVILLE, Ky.-- Two mining officials who worked at an eastern Kentucky underground mine where a worker was killed last year are preparing to plead guilty to federal safety violations, according to court records.

  • PITTSBURGH-- A new report from the College Board says Pennsylvania has the fourth-highest in-state tuition charges in the nation for four-year public universities. The Penn State University Park campus topped the list nationally with in-state tuition and fees totaling more than $17,200 for the current class.

  • PHILADELPHIA-- Pennsylvania's gambling board on Wednesday reminded developers there are three weeks before the Nov. 15 deadline to submit applications for Philadelphia's second casino license.

  • *US says bank sold toxic loans to Fannie Mae, Freddie Mac. Oct 24- The United States filed a civil mortgage fraud lawsuit against Bank of America Corp, accusing it of selling thousands of toxic home loans that later defaulted to Fannie Mae and Freddie Mac, leading to more than $1 billion of losses.

  • NEW YORK, Oct 24- The euro fell on Wednesday on signs that the euro zone is heading for a deeper recession than previously feared, but global shares were little changed after Tuesday's steep fall.

  • TRENTON, N.J.-- The Christie administration believes it is now making it easier for New Jersey homeowners facing foreclosure to qualify for federal aid. Community Affairs Commissioner Richard Constable told Assembly members Wednesday that the program now has more staff, better management and has relaxed qualifying requirements.

  • NEW YORK-- Alicia Keys is launching a storytelling app for kids. "The Journals of Mama Mae and LeeLee" is about a young New York City girl's relationship with her wise grandmother. It will be released Thursday for $3.99 and is inspired by Keys' relationship with her grandmother.

  • The White House released it Wednesday after the editor of the newspaper, which is still deciding its presidential endorsement, wrote a blistering blog complaining of the restriction.

  • JACKSON, Miss.-- An Oklahoma Indian tribe is moving forward with buying the DiamondJacks casinos in Bossier City, La., and Vicksburg, Miss.. Wilmington Trust, a Delaware institution, leads a syndicate holding $181 million in secured debt with the first claim on Legends assets.

  • SALT LAKE CITY-- Utah gave its final approval Wednesday for the first commercial tar sands project in the U.S., handing a victory to a Canadian company that aims to start producing 2,000 barrels of oil next year in the start of what could grow into a larger operation.

  • BERLIN-- German automaker Daimler AG lowered its full-year earnings target Wednesday after its third quarter net profit declined 11 percent to 1.20 billion from 1.36 billion a year ago.

  • PITTSBURGH-- Mine Safety Appliances Co. said Wednesday that its net income fell 4 percent in the third quarter after it sold off two businesses. Mine Safety said its net income declined to $19.2 million, or 51 cents per share, from $20 million, or 54 cents per share. Shares of Mine Safety Appliances rose 28 cents to $36.98 in trading Wednesday.