Nike, the American athletic footwear and apparel giant, experienced a significant surge in its stock price on Thursday, ...

The S&P 500 (SP500) capped an eventful week with a 1.36% gain at 5,702.53 points. The benchmark index crossed the 5,700 level for the first time ever, in this w ...

Paramount Global’s pending merger with Skydance, as well as the venerable entertainment company’s financial woes, ganged up ...

Shares of Nike (NKE) are rallying after the company announced that CEO John Donahoe will be stepping down next month after a rocky five years at the company. Nike veteran Elliott Hill will come out of ...

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

Nike ysed to rule the sportswear business. Its recent earnings have been weak. It has too much good competition.

Nike said that Elliott Hill, formerly a longtime executive, would become its next CEO, replacing John Donahoe, whose ...