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

Originally released in 1985, Nike Air Jordan sneakers are one of the most iconic shoes in basketball and pop culture. And ...

The company has struggled with declining sales, missing its earnings targets and facing predictions of a 10% drop in revenue.

After several quarters of underwhelming results, Nike is replacing its CEO. Longtime company executive Elliott Hill will become the next CEO. Investors cheered the news, sending the stock 7.6% higher ...

A record-setting week for Wall Street closed on a quieter note Friday, as U.S. stocks drifted around the highs they hit during a worldwide rally the day before. The S&P 500 slipped 0.2% from its ...

U.S. stocks are pulling back Friday from the records they set the day before during a worldwide rally. The S&P 500 was 0.5% ...

Next up is Elliott Hill, a Texas native with a charming George Clooney mug, a lingering Southern drawl, and decades of ...

Some boards see reinstating a previous executive as a temporary solution — a familiar face can foster stability in a ...

A deal for Intel would be massive and come at a time when the chip maker is sputtering. Ted Colbert led the unit plagued by losses, production delays and the Starliner program that stranded two ...

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

The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three ...