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 ...

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

A record-setting week for Wall Street closed on a quieter note Friday, as U.S. stocks drifted around the highs they hit during a worldwide rally the day before.

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, ...

U.S. stocks were mixed after the close on Friday, as gains in the Utilities, Telecoms and Consumer Services sectors led ...

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

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