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

For two generations, American companies have been run to maximize short-term financial returns instead of to produce great ...

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 ...

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

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 ...

The Dow Jones Industrial Average stretched its record closing run Friday as markets evaluated remarks by two Federal Reserve governors. The Dow rose 0.1% to 42,063.4. The Nasdaq Composite fell 0.4% to ...

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

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