Nike Names Pfizer's Denton as Next CFO

David Denton's appointment, effective Aug. 17, comes as the company struggles to execute its turnaround.

FedEx Revenue Rises on Growth in Package Yields, Volume

FedEx logged higher revenue in its latest quarter, but its profit ticked down, hurt by costs related to the company's freight spinoff, business optimization and shift to reporting on a calendar-year basis.

Oracle Sheds 21,000 Jobs as It Sharpens Focus on AI