New Nike CEO Elliot Hill is inheriting “a turnaround that has yet to show momentum,” according to Stifel analyst Jim Duffy.

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

More than $3 billion will go to 25 projects across 14 states to increase domestic production of advanced batteries, the U.S.

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 on Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president ...

Nike's new CEO is expected to double down on the company's efforts to repair relations with retailers to energize sales, ...

FedEx dragged on the market with a drop of 14% after its profit and revenue for the latest quarter fell short of analysts’ ...

U.S. stocks are drifting in early trading after leaping to records the day before as part of a worldwide rally. The S&P 500 ...