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 ...

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 ...

Dow Jones futures fell Friday as Nike surged after announcing a leadership change. FedEx stock plunged on earnings news.

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.

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.

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

Nike (NKE) stock popped more than 7% in early trading Friday after the company named a new CEO amid its efforts to reinvigorate slowing sales growth. Nike said Thursday that Elliott Hill, a former ...

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

Nike announced Thursday night that CEO John Donahoe will step down next month, with longtime company veteran Elliott Hill returning to take over. In overnight trading, Nike stock jumped.Please watch ...

Nike Inc. ousted beleaguered Chief Executive Officer John Donahoe, bringing longtime executive Elliott Hill out of retirement ...