CNBC: Germany’s auto giants were already reeling. Now Trump wants to turn them into American companies
CNBC reports: President-elect Donald Trump’s pledge to impose a blanket tariff on all goods coming into the U.S. could ...
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CNBC reports:
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.
Donahoe, who has been Nike’s CEO since Jan. 2020, will retire from his position on Oct. 13. Hill is slated to take over on the following day. Donahoe will stay on as an advisor through the end of January.
Shares climbed 8% in extended trading Thursday. As of the close, shares are down more than 25% this year…
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