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Dow Jones Industrial Average futures flickered near the flatline Friday after the 30-stock benchmark closed at a record, bolstered by enthusiasm over the Federal Reserve's interest rate cut.
Nike on Thursday announced that its CEO John Donahoe is stepping down and company veteran Elliott Hill is coming out of retirement to take the helm of the sneaker giant.
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Nike CEO John Donahoe appears to be on thin ice.
Nike CEO John Donahoe on Friday blamed remote work for the company falling behind on innovation, saying that it's tough to be disruptive when people are working from home.