At 4.00 p.m. ET (2000 GMT), Dow Jones Industrial Average rose 38 points, or 0.1% to a record close of 42,063.36. The S&P 500 ...

Stocks were choppy Friday as market participants took a breather following Thursday's Fed-fueled rally. While buzz continued ...

Nike’s outgoing chief executive, John Donahoe, is an Ivy League-educated former tech executive and Bain consultant. The man ...

This post was written by Luke Carberry Mogan. Nike (NKE) is getting a new CEO. Elliott Hill, who was a longtime executive at the company, will be replacing retiring CEO John Donahoe effective October ...

The former leader returns to the athletic sportswear and apparel company, which has seen sluggish sales in the past year.

When Nike said on Thursday that John Donahoe was stepping down as chief executive officer, his exit from a rocky tenure ...

After losing market share in recent years, Nike faces near-term challenges such as the sales momentum among competitors.

Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month.

BEAVERTON, Ore. — September 19, 2024 — The Board of Directors of NIKE, Inc. announced today that Elliott Hill will become ...

Hill faces challenges like restoring innovation, rebuilding wholesale partnerships, and improving financial performance after ...

Wall Street's main indexes eased on Friday as investors held back after a rally in the previous session that was sparked by an oversized interest rate cut by the Federal Reserve. The S&P 500 and the ...

Nike's hard-hit shares rallied Friday as Wall Street analysts largely welcomed the company's appointment of veteran executive ...