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

U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note.

The S&P 500 and Nasdaq lost ground at midday Friday after rallying to record highs Thursday in the wake of the Federal ...

Nike stock is up more than 8% following the Oregon-based company’s announcement on Thursday that John Donahoe was stepping ...

Outgoing Nike CEO John Donahoe made strategic missteps, most especially losing his team's winning spirit.. In-coming 32-year ...

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

Nike Inc. ousted beleaguered chief executive John Donahoe, bringing longtime executive Elliott Hill out of retirement to ...

People wanted him for the job,’ notes a Nike insider amid a ‘jubilant’ wave of celebration from Nike employees. CEO John ...

The Board of Directors of Nike, Inc. is reporting that Elliott Hill will become president and CEO of Nike, Inc., effective ...

Wall Street is quieter, and U.S. stocks are edging back from the records they set the day before during a worldwide rally. The S&P 500 slipped 0.3% in Friday morning ...

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 said Thursday that Elliott Hill, a former Nike executive who retired in 2020, will return to the company as the CEO and ...