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Nike Inc.'s third-quarter results will fall well short of Wall Street's expectations, the world's largest athletics shoe and clothing maker said Monday, blaming lower-than-expected U.S. footwear sales and glitches in a computer inventory system.

United Airlines parent UAL Corp. is trying to sell commuter airlines Allegheny, Piedmont and PSA to Atlantic Coast Airlines Holdings before completing its acquisition of US Airways.

3Com Corp., the struggling network equipment maker, will lay off 10 percent of its full-time work force to restore profitability and trim costs amid a souring economy, the company announced Monday.

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