Sports Brand Nike announced on Thursday, that CEO John Donahoe will retire after more than five years of being in charge of the company as the brand has struggled recently with sales and other competition.
Read More Nike CEO To Retire As Sportswear Company Sales Drop
The Dow jumped over 500 points and the Nasdaq increased 2% on Thursday as retail sales data indicated resilient consumer spending, somewhat calming fears of a possible recession.
Read More Wall Street: Dow Surges 500 Points And Tesla Stock Jumps Over 6%
Wall Street’s main indexes rose about 1% on Thursday as retail sales data for July indicated resilient consumer spending.
Read More Wall St marches ahead as retail sales quell slowdown worries
A former Diversity, Equity, and Inclusion (DEI) manager at Facebook and Nike has been sentenced for wire fraud worth over $5 million.
Read More Ex-DEI Manager At Facebook And Nike Sentenced For Multi-Million Dollar Fraud
The Iowa star-turned-No. 1 pick in the WNBA draft has agreed to an eight-year with Nike that features a signature shoe.
Read More Reports: Caitlin Clark to sign 8-year, $28 million Nike deal
Tiger Woods has announced that he is ending his partnership with the world’s largest sportswear brand, Nike, after 27 years.
Read More Tiger Woods And Nike End Partnership After 27 Years