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Nike suspends contract with Oscar Pistorius

Nike Inc. has suspended its contract with Oscar Pistorius, the double-amputee runner from South Africa charged with premeditated murder in the Valentine's Day slaying of his girlfriend. Pistorius, who became the first double-amputee runner to compete on the track at the Olympics at last year's London Games, is accused of intentionally killing model Reeva Steenkamp. Pistorius says he mistook Steenkamp for an intruder and that the shooting was accidental. "We believe Oscar Pistorius should be afforded due process and we will continue to monitor the situation closely," Nike said in a brief statement posted on its website Wednesday.

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