Nike surged 7.5% after announcing that CEO John Donahoe will step down from his post on Oct. 13. Prices for the 10-year Treasury sagged, lifting yields to 3.76% from Thursday’s 3.73%. Treasury prices ...

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

The stock market ultimately jumped on a big Fed rate cut, with the S&P 500 and Dow Jones hitting record highs. Apple and ...

Wall Street's main indexes dipped on Friday following a rally driven by a significant interest rate cut from the Federal ...

FedEx cuts its fiscal-year outlook following weaker-than-expected fiscal first-quarter earnings, while Nike stock rallies ...

Nike's CEO John Donahoe is stepping down. The company released a statement saying Elliott Hill will come out of retirement to take over. Donahoe has been Nike's CEO since ...

Dow Jones futures fell Friday as Nike surged after announcing a leadership change. FedEx stock plunged on earnings news.

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

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

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

Wall Street is quieter, and U.S. stocks are drifting after they leaped to records the day before during a worldwide rally.