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Nike’s shares are rallying after it named a new CEO. One analyst says it still has work to do.
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The New York Times - Business
Nike Names Elliott Hill as CEO, Replacing John Donahoe
Elliott Hill, an executive who left the company after Donahoe’s appointment in 2020, will return as chief executive, Nike’s board said.1 hour ago -
ABC News - Sports
Nike names Elliott Hill as CEO, replacing John Donahoe
Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month16 minutes ago -
Inc. - Business
Nike Announces New CEO as John Donahoe Retires
The sportswear giant has hired former senior executive Elliott Hill to succeed Donahoe as president and CEO.1 hour ago -
MarketWatch - Business
Builders FirstSource’s stock rises as it names new CEO
Peter Jackson, who has worked at Builders FirstSource for seven years, will be the next CEO of the company.11 hours ago -
ABC News - World
Canada's Trudeau says there's 'more work to do' after his party suffers another by-election loss
Canadian Prime Minister Justin Trudeau says he’s focused on the work ahead after the ruling Liberals lost in another by-election, raising more questions about his ability to lead the party into the ...Yesterday -
Yahoo News - World
Canada's Trudeau says there's 'more work to do' after his party suffers another by-election loss
2 days ago -
The New York Times - World
Israel’s Pager Attack Was a Tactical Success Without a Strategic Goal, Analysts Say
By targeting so many pagers at the same time, Israel demonstrated technical prowess and partly restored the aura of its intelligence agencies. But its long-term intent is unclear.Yesterday - Israel -
Financial Times - World
Sri Lanka’s first post-default vote tests support for political elite
Leftist frontrunner promises crackdown on ‘corrupt’ politicians and calls for revisiting deals with IMF and bondholders57 minutes ago
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This is what the Fed’s interest-rate cut means for distressed companies
This week’s aggressive Fed rate cut could provide some breathing space for distressed companies, notes one bankruptcy attorney.10 minutes ago -
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High-yield bond ETF rallies after Fed rate cut as ‘free ride’ in cash ends
Investors are mulling strategies beyond cash on expectations that interest rates will continue to fall after the Fed’s big rate cut.1 hour ago - Federal Reserve -
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‘He was in the early stages of dementia’: My father put my brother on the deed to his house. His lawyer had a big conflict of interest. What do we do?
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‘I don’t want to be unfair’: My mother gave me $150,000 to buy a house. One sibling wants 15% ownership. What now?
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Apple’s iPhone 16 is selling better than the iPhone 15, says T-Mobile CEO
T-Mobile Chief Executive Mike Sievert says it’s “nonsense” that the iPhone 16 line’s preorder sales are underwhelming.2 hours ago - Apple