New Nike CEO Elliot Hill is inheriting “a turnaround that has yet to show momentum,” according to Stifel analyst Jim Duffy.

Wall Street's main indexes dipped on Friday following a rally driven by a significant interest rate cut from the Federal ...

FedEx cuts its fiscal-year outlook following weaker-than-expected fiscal first-quarter earnings, while Nike stock rallies ...

Shares of Nike (NKE) are rallying after the company announced that CEO John Donahoe will be stepping down next month after a ...

Shortly after markets opened, the Dow Jones Industrial Average was down around 0.1 percent at 41,965.96, while the S&P 500 ...

Nike's CEO John Donahoe is stepping down. The company released a statement saying Elliott Hill will come out of retirement to take over. Donahoe has been Nike's CEO since ...

Nike said on Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president ...

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

Two Russians on Friday set a record for the longest continuous stay on the International Space Station, according to Russia’s space agency. Roscosmos said Oleg Kononenko and ...

One analyst said the “highly anticipated leadership change will inject a much-needed sense of urgency” to Nike, whose share price remains down 50% from its 2021 peak.

FedEx dragged on the market with a drop of 14% after its profit and revenue for the latest quarter fell short of analysts’ ...