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

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

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

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

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.

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

Nike's new CEO is expected to double down on the company's efforts to repair relations with retailers to energize sales, ...

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

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

Canada's main stock index opened slightly lower on Friday as investors took a pause a day after an oversized interest-rate cut in the United States drove broader gains in global markets. The TSX ...

U.S. stocks are drifting in early trading after leaping to records the day before as part of a worldwide rally. The S&P 500 ...

The S&P 500 and the Dow hovered near their record highs and were on track for weekly gains of over 1%, along with the ...