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Nike replaces its CEO with a longtime veteran and the stock is jumping
A leadership change is underway at Nike (NKE) as current CEO John Donahoe steps down, and longtime veteran Elliott Hill takes the helm, the company said on Thursday. Shares of Nike jumped by over 7% in after-hours trading following the announcement.Read more… » …
USD/JPY corrects below 142.00 ahead of Fed verdict
USD/JPY slides below 142.00 as firm speculation for Fed large interest rate cuts weighs on the US Dollar. Market participants expect the Fed to cut interest rates by 100 bps this year. Investors expect the BoJ to maintain interest rates steady at 0.25% on Friday. The USD/JPY pair drops below 142.00 in Wednesday’s European session.
‘LeBron of lacrosse’ Paul Rabil shares his leadership mindset playbook: Stay hands-on and learn competitive compromise
Paul Rabil, the former lacrosse star and co-founder of the Premier Lacrosse League (PLL), has a straightforward philosophy when it comes to leadership: top executives must remain hands-on. Reflecting on the leadership qualities he’s seen in both sports and business, the 38-year-old, who holds the all-time scoring record in professional lacrosse and is a two-time