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

Outgoing Nike CEO John Donahue made strategic missteps, most especially losing his team's winning spirit.. In-coming 32-year ...

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

Company veteran Elliott Hill will lead a turnaround effort at the global sportswear giant, where sales have faltered and ...

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

Brian Nagel, Oppenheimer & Co. senior analyst, joins CNBC's 'Power Lunch' to discuss what Nike's leadership change could mean ...

Elliott Hill, the newly named chief executive officer of Nike, acknowledged that things have been rough for the world's ...

After losing market share in recent years, Nike faces near-term challenges such as the sales momentum among competitors.

In hiring Hill, Nike signaled its intent to bring the company back to its glory days—a feat Barron’s believes it can do. We ...

Here are some of the major companies whose stocks moved on the week’s news.

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

The S&P 500 and Nasdaq lost ground at midday Friday after rallying to record highs Thursday in the wake of the Federal ...