The S&P 500 (SP500) capped an eventful week with a 1.36% gain at 5,702.53 points. The benchmark index crossed the 5,700 level for the first time ever, in this week, that saw the Fed cut interest rates ...

It used to be that Nike (NYSE: NKE) dominated the athletic wear business on its own, sometimes competing with Adidas. It has ...

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

Nike said that Elliott Hill, formerly a longtime executive, would become its next CEO, replacing John Donahoe, whose stewardship led to a decline in the brand and its performance since he took over in ...

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 ...

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

Nike shares are up nearly 8% after the sneaker maker said it would replace Chief Executive John Donahoe with comp ...

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

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

Nike announced the sudden retirement of CEO John Donahoe, while 32-year Nike vet Elliott Hill will return from retirement to ...

U.S. stocks closed nearly unchanged on Friday, as investors paused buying after a strong rally in the prior session that was ...