Stocks today are moderately lower ... PepsiCo (PEP) is down more than -1% after Morgan Stanley downgraded the stock to equal weight from overweight. Nike (NKE) is up more than +7% to lead gainers in ...

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

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 ...

Welcome to The Hill’s Business & Economy newsletter{beacon} Business & Economy Business & Economy   The Big Story Would Trump ...

U.S. markets closed nearly unchanged on Friday after a rally driven by a Federal Reserve interest-rate cut. Major indexes saw ...

U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note.

Nike is one of the most mentioned companies in the U.S. across all news items in the past 12 hours, according to Factiva data. Nike said Chief Executive John Donahoe would be retiring on Oct. 13 after ...

Stocks were mostly lower Friday, a day after both the Dow Jones Industrial Average and S&P 500 closed at record highs ...

Stocks were choppy Friday as market participants took a breather following Thursday's Fed-fueled rally. While buzz continued ...

A record-setting week for Wall Street closed on a quieter note. U.S. stocks mostly pulled back from their highs hit during a ...

U.S. stocks closed nearly unchanged on Friday following a strong rally, driven by the Federal Reserve's interest-rate cut.