The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three ...

Nike shares moved higher Friday after the world’s largest athletic apparel and equipment company announced Elliott Hill will ...

Based on Nike’s latest earnings release for the quarter ending May 31, the company reported a quarterly revenue of $12.61 billion and a net profit of $1.5 billion ... It also sells athletic lifestyle ...

Cleveland Cavaliers owner Dan Gilbert has plenty of business ventures, which has paid off with the No. 3 spot in new ranking.