The NCAA notched a victory on Wednesday when a federal appeals court ruled against requiring colleges to compensate athletes in deferred cash payments, according to the Associated Press.

Updated 6:05 p.m. ET

Joaquin, the fourth hurricane of the Atlantic Season, is forecast to churn off the coast of Florida for the next couple of days before potentially heading north and posing a threat to the Eastern Seaboard of the United States.

With maximum sustained winds of 85 mph, Joaquin became a hurricane today. The storm's long-term path is still uncertain, but forecasters predict the tropical cyclone could pose a threat to the Mid-Atlantic or New England states.

Jack Dorsey, the Twitter co-founder who has led the company since June on an interim basis, will officially become the company's new CEO, according to reports. Dorsey is also the CEO of mobile payment company Square; it's uncertain whether he will try to hold both jobs.

Dorsey "is expected be named the company's new permanent CEO as early as tomorrow," according to the Recode website, which cites unidentified sources.

Tesla unveiled its much-anticipated Model X on Tuesday night after nearly two years of delays.

CEO Elon Musk took the wraps off the all-electric SUV at an event near the Tesla factory in Fremont, Calif. As an added bonus, he gave keys to a handful of lucky customers who can now call themselves owners of one of the most sought-after vehicles.

Let's go over some of the vitals.

Updated at 1:53 p.m. ET.

During his speech to the United Nations General Assembly on Wednesday, Palestinian President Mahmoud Abbas said he was no longer bound by the Oslo Accords.

In recent days, we've seen these headlines:

  • Caterpillar is planning to cut up to 10,000 jobs.
  • After standing for 127 years as an industrial giant, Alcoa will be splitting into two smaller companies.
  • Glencore, a global mining giant, is seeing its stock price crumble amid insolvency rumors.

The three events may seem unrelated, but in fact, all are part of one big story: the commodities-price collapse.

Updated 5:15 p.m. ET

The bill to fund the government through Dec. 11 has passed the House and will go to President Obama to be signed into law before the midnight deadline.

The Senate overwhelmingly passed the bill earlier in the day, and Obama is expected to add his signature. The measure does not strip funding from Planned Parenthood.

Remember, some House Republicans had insisted on no payments to Planned Parenthood before they would vote to extend funding for the whole government.

So, maybe you've been having a bad day.

We're pretty sure that one guy — a baseball fan at Tuesday's Yankees game — can one up you.

The man was sitting along the third base line and got three chances to catch a ball. The guy fumbled all of them:

The good news: He eventually did get a ball, and he — and the woman sitting next to him — seemed to get over the mishaps just fine.

The United States has carried out three airstrikes on the outskirts of Kunduz in Afghanistan.

Col. Brian Tribus, a spokesman for the military, said members of the coalition encountered insurgents and that's when the U.S. ordered airstrikes through the day Tuesday and into the early morning Wednesday.

Tribus stressed that coalition forces are in the country in a noncombat role, but "our service members have the right to protect themselves if necessary."

Updated at 11:20 a.m. ET

In a new development that could change the dynamic of Syria's civil war, Russian military began carrying out airstrikes in Syria on Wednesday. Russia says it will target ISIS fighters as part of a plan to fight terrorism.

U.S. State Department spokesman John Kirby says a Russian official informed the U.S. Embassy in Baghdad about the missions and also requested that American military aircraft avoid Syrian airspace during Russian operations.