FedEx also cut its forecast for revenue growth for its fiscal year. Helping to limit the market's losses was Nike, which ran 5.4% higher after it named Elliott Hill as its chief executive. Hill, 60, ...

Wall Street is quieter on Friday, and U.S. stocks are drifting after they leaped to records the day before during a worldwide rally. The S&P 500 was 0.1% lower in early trading but still on track for ...

More than $3 billion will go to 25 projects across 14 states to increase domestic production of advanced batteries, the U.S.

The S&P 500 and the Dow hovered near their record highs and were on track for weekly gains of over 1%, along with the ...

New Nike CEO Elliot Hill is inheriting “a turnaround that has yet to show momentum,” according to Stifel analyst Jim Duffy.

Wall Street's main indexes dipped on Friday following a rally driven by a significant interest rate cut from the Federal ...

Nike's new CEO is expected to double down on the company's efforts to repair relations with retailers to energize sales, ...

The S&P 500 stalls into September options expiry while gold reaches an all-time high. Traders assess market risks amid Fed rate cuts and upcoming economic data.

The Portuguese league says 200 trees will be donated for planting for each goal scored in this weekend’s rounds of games as part of the competition’s response to wildfires that have devastated the ...

The U.S. Food and Drug Administration approved Zevra Therapeutics' drug for a rare and fatal genetic disorder, the first ...

Shares of Nike (NKE) are rallying after the company announced that CEO John Donahoe will be stepping down next month after a ...

Nike said on Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president ...