A longtime Nike vice president and general manager has been named the CEO of an Australian surfing brand. Ashley Reade will lead Rip Curl, a surfing brand owned by KMD Brands in Melbourne ...

Nike CEO Elliott Hill said the iconic sports-and-sneakers retailer will refocus on appealing to China’s 1.3 billion consumers with a boost from investments in the country’s basketball ...

The backbone of Nike Inc.’s supply chain is being hammered by President Donald Trump’s global tariff campaign, straining a ...

The Rev. Al Sharpton is set to meet with Brian Cornell, Target CEO, as the retail giant continues to face backlash for its rollback of diversity, equity and inclusion (DEI) policies. Target ...

Amazon's CEO Andy Jassy has announced a shift in the company's promotion strategy, focusing on smaller, efficient teams rather than larger fiefdoms. Highlighting the impact of smaller teams in ...

AI will get cheaper, especially as chip prices come down, Amazon CEO Andy Jassy said. Jassy laid out his expectations for AI in his annual letter to Amazon shareholders on Thursday. Amazon has ...

Nike is losing market share against formidable competition. The footwear and apparel company keeps raising its dividend and repurchasing stock. Buying back stock is a great long-term decision for ...

Caterpillar took center stage at the New York Stock Exchange on Tuesday where outgoing CEO Jim Umpleby rang the bell to open the day's trading on Caterpillar's 100th anniversary. Umpleby's ringing ...

Samsung Electronics co-CEO Han Jong-Hee died from cardiac arrest on Tuesday, according to a spokesperson for the South Korean tech giant. Han was 63. Born in 1962, Han had overseen Samsung’s ...

Biotechnology company 23andMe has filed for bankruptcy, with co-founder and CEO Anne Wojcicki stepping down, effective immediately. On Sunday, 23andMe filed a voluntary petition for bankruptcy in ...

Nvidia CEO Jensen Huang praises Huawei as a formidable tech company in AI while criticizing US restrictions as poorly executed. Huang also denied involvement in a consortium to acquire a stake in ...