Shares of Nike Inc. climbed more than 6% Friday after the sneaker maker and sportswear giant announced a CEO switch. But analysts say that incoming chief executive and company veteran Elliott Hill has ...

The S&P 500 Index ($SPX) (SPY) today is down by -0.13%, the Dow Jones Industrials Index ($DOWI) (DIA) is down by -0.17%, and ...

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.

Disney told employees on Thursday that it will no longer use Slack for internal communication after a hack earlier this year ...

On the executive front, Nike (NKE) shares are jumping on the news CEO Phil Donahue will retire next month and will be replaced by Elliot Hill. Shares of Nike have declined over 20% this year. Yahoo ...