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

The announcement that Nike Inc NKE is b ringing in Elliot Hill as the new CEO could be a positive change given his experience ...

Turns out that knowing about sneakers is an important skill for the CEO of a sneaker maker.

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 ...

On today's episode of Morning Brief, Hosts Seana Smith and Brad Smith analyze the market open and discuss some of the biggest ...

US stocks (^DJI, ^IXIC, ^GSPC) sour on Thursday's post-rate cut gains, the market indexes hovering below their flatlines ...

Shares of Nike Inc. climbed 6% Friday after the sneaker and sportswear giant announced a change in CEO. But analysts say the incoming chief executive, company veteran Elliott Hill, has his work cut ...

The Labor Department Friday said $203 million in grants are being awarded to provide job training and career services to ...

The federal government on Friday awarded $1.1 million to the National Oceanic and Atmospheric Administration to conduct ...

The former leader returns to the athletic sportswear and apparel company, which has seen sluggish sales in the past year.

FedEx also cut its forecast for revenue growth for its fiscal year. Helping to limit the market's losses was Nike, which ran 5.7% higher after it named Elliott Hill as its chief executive. Hill, 60, ...

U.S. stocks dipped on Friday, as investors paused after a strong rally in the prior session that was fueled by an upsized ...