The world's biggest sportswear group said John Donahoe will stand down as president and chief executive next month.

Company veteran Elliott Hill will lead a turnaround effort at the global sportswear giant, where sales have faltered and ...

Elliott Hill, the newly named chief executive officer of Nike, acknowledged that things have been rough for the world's ...

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

Elliott Hill, who in 2020 retired as the company's president of consumer and marketplace, will succeed Donahoe as president and CEO starting Oct. 14, Nike said Thursday. Donahoe will also step down ...

Phil Knight and other parts of the Nike universe lauded the hiring of Elliott Hill as the sneaker giant’s next chief ...

Wall Street closed flat on Friday, hovering near the previous session's record-high close for the Dow and S&P 500, while the ...

NEW YORK >> U.S. stocks closed nearly unchanged today, as investors paused buying after a strong rally in the prior session that was fueled by an upsized interest-rate cut by the Federal Reserve, ...

The Dow Jones Industrial Average stretched its record closing run Friday while the S&P 500 retreated from Thursday's all-time high as markets evaluated remarks by two Federal Reserve governors. The ...

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

Nike is one of the most mentioned companies in the U.S. across all news items in the past 12 hours, according to Factiva data. Nike said Chief Executive John Donahoe would be retiring on Oct. 13 after ...