Nike CEO John Donahoe is out, replaced by company veteran Elliott Hill
Nike CEO John Donahoe will retire from the company in October. He will be replaced by company veteran Elliott Hill.
Civil rights groups call on Fortune 1000 companies to stop ‘abandoning DEI’
Nearly two dozen civil rights organizations are calling on America's largest companies to stand up against anti-DEI campaigns.
August home sales drop more than expected, as prices set a new record
The median price of an existing home sold in August was $416,700, up 3.1% from August 2023.
UAW warns of potential strikes at Ford, Stellantis a year after unprecedented work stoppages
The UAW has announced a strike deadline at a Ford tool and die plant that supports F-150 production as well as strike authorization voting at...
JetBlue to open airport lounges in New York and Boston in battle for big spenders
JetBlue joins Delta, American and United in opening airport lounges to cater to high-spending travelers.
Darden Restaurants earnings disappoint as Olive Garden, fine dining sales struggle
Olive Garden parent Darden Restaurants reported weaker-than-expected earnings and revenue for its fiscal first quarter.
Boeing starts furloughing tens of thousands of employees amid machinist strike
CEO Kelly Ortberg said affected employees would take one week of furlough every four weeks for the strike's duration and he and his team would...
University of Tennessee to raise season ticket prices 10% in anticipation of revenue sharing
Tennessee athletics will raise season ticket prices across all its sports by 10%.
ESPN’s Adrian Wojnarowski will retire from the company to take a job in college basketball
ESPN's senior NBA insider Adrian Wojnarowski is retiring from the company.