Nike's CEO John Donahoe steps down, replaced by veteran Elliot Hill; analysts expect challenges and potential guidance cuts ...

Elliott Hill began his career at Nike as an intern and steadily climbed the corporate ladder to become the CEO of the ...

FedEx cut its outlook after posting lower quarterly profit and revenue. Its stock fell 13%; shares of rival UPS also fell. Ford and General Motors fell after Mercedes-Benz trimmed its forecasts and ...

Nike announced that CEO John Donahoe will step down next month, with longtime company veteran Elliott Hill returning to take over. In overnight trading, Nike stock jumped.Please watch the video at ...

Dow Jones futures edged lower, along with S&P 500 futures and Nasdaq futures. Nike and FedEx were big movers overnight on ...

The S&P 500 notched its eighth session of gains out of nine on Thursday and closed at an all-time high, which breached the ...

I co-hosted a roundtable yesterday with Sharon Marcil, BCG’s North America chair, who notes that “many clients are shifting ...

A leadership change is underway at Nike (NKE) as current CEO John Donahoe steps down, and longtime veteran Elliott Hill takes ...

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

The athletic company announced on Thursday that CEO John Donahoe will retire next month and will be succeeded by Elliott Hill ...

A Portland man is still recovering nearly three weeks after he was shot while he was on his way home to have dinner with his family. Four months after protesters broke into Portland State University’s ...

Nike shares climbed 6% in premarket trading. The sportwear company said Thursday that John Donahoe would retire as chief executive next month, [capping a five-year tenure]( ...