The Dow Jones Industrial Average recorded a modest gain, closing at a record high on Friday, marking a significant rally for the week following the Federal Reserve's first major easing of interest ...

Nike’s incoming chief executive is known for welling up with tears when he speaks about the company because he cares so much ...

Nike ysed to rule the sportswear business. Its recent earnings have been weak. It has too much good competition.

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 ...

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

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

Elliott Hill, a veteran employee at Nike, is returning to the company. But he'll earn over $2 million less than outgoing CEO ...

Nike's John Donahoe is the latest CEO to get the ax amid a difficult environment for retail and consumer-focused companies in ...

Nike spent nearly $104 million on pay and benefits for John Donahoe during his near five-year tenure atop the sneaker-maker, ...

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

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 ...