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The Latest Breaking News from Phil Knight

Nike co-founder Phil Knight and wife Penny, worth $25 billion, have donated over $9 billion in two decades. Now they’re giving $1.1 billion for Oregon’s first women’s hospital

Phil Knight, the co-founder of Nike, alongside his wife Penny, has made an extraordinary donation of $1.1 billion to launch Oregon's inaugural hospital focused on women's health. This generous contribution will not only facilitate groundbreaking cardiovascular care but will also advance vital medical research initiatives. The Knights' ongoing dedication to…

The Economic Times

$1.1 billion from Nike co-founder will build Oregon’s first women’s hospital

Phil and Penny Knight have committed $1.1 billion to build Oregon's first hospital dedicated to women's health at Providence St. Vincent Medical Center

The Independent UK

In 1964, Phil Knight sold Japanese running shoes from his car after teaming with his Oregon coach; Nike reported $19.2 billion in revenue in fiscal 2009

Nike started its journey with Phil Knight selling shoes directly from his car's trunk, eventually collaborating with coach Bill Bowerman to enhance shoe designs. Renamed in 1971, Nike saw tremendous growth, achieving billions in revenue through strategic sponsorships and innovative designs. This remarkable history serves as a valuable lesson for…

The Economic Times

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Nike’s shoe doesn't fit: How did the swoosh lose its winning edge?

Nike’s decline is raising questions about how the sportswear giant lost its competitive edge. Falling revenue, a collapsing market value, weaker China sales, inventory pressure and growing competition from Hoka, On, Adidas, Anta and Li Ning have challenged its dominance. CEO Elliott Hill is rebuilding wholesale, product innovation and regional…

The Economic Times

Fall Movie Preview: In an AI world, Laika makes handmade wonders — and 'Wildwood'

In an increasingly AI world, the stop-motion animation studio Laika is trying to keep handmade craft alive

The Independent UK

Book recommendations by Warren Buffett: Want to sharpen your investing mindset? These five books recommended by the ‘Oracle of Omaha’ cover everything from building businesses and creating long-term wealth to making better financial decisions

Warren Buffett suggests reading for success and knowledge accumulation. Several of his recommended books are now available as audiobooks. Phil Knight's "Shoe Dog" memoir is one such highly praised recommendation. Fred Schwed's "Where Are the Customers' Yachts?" offers humorous Wall Street insights. Benjamin Graham's "The Intelligent Investor" significantly shaped Buffett's…

The Economic Times

Elon Musk tops ‘America’s Greatest Innovators’ list: Check where Sam Altman and Jensen Huang rank

The groundbreaking, innovative ideas from AI, cybersecurity, and enterprise platforms help in driving the growth of the economy. With no surprise, Forbes250 has named Elon Musk at number one as America’s Greatest Innovators. As reported, Musk is the only person to have founded five companies with multi-billion-dollar valuations in different…

The Times of India

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An NFL-bound college quarterback just turned down a $50 million payday to stay in school and play another season

More college athletes are putting off going pro amid the growing appeal of and opportunity for NIL deals.

Fortune

Phil and Penny Knight's donation tops the Chronicle of Philanthropy's list of 2025's biggest gifts

The Chronicle of Philanthropy’s annual list of the biggest charitable donations from individuals or their foundations totals $5 billion in 2025

The Independent UK

Phil Knight's $3M Power Play Fuels Republicans as Democrats' Net Approval Plummets to 8%

Nike co-founder Phil Knight donated a record-breaking $3 million to Oregon Republicans, while Governor Tina Kotek's approval rating drops to just 8%, highlighting rising political tensions.

International Business Times UK

$2 billion medical donation had me dreaming 'what if there was a cure for paralysis?'

David Smith was blown away by Phil Knight's donation to the Knight Cancer Institute at Oregon Health & Science University

The National (Scotland)

Nike co-founder Phil Knight and wife give record $2B to Oregon cancer center, university says

An Oregon university says Nike co-founder Phil Knight and his wife Penny Knight have given a record $2 billion to its cancer center

The Independent UK

Nike’s founder, a Walmart heiress, and the owner of the Dallas Cowboys are among the billionaires bankrolling March Madness Sweet 16 schools

Some of America’s wealthiest have donated millions of dollars to the U.S. schools with the top-ranked basketball programs.

Fortune

Nike's 'refounder': Can Elliott Hill turn the sneaker-maker's luck around?

After one of its toughest years ever, Nike brought back Hill, a beloved company lifer, to right the ship.

Fortune

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Fortune

Nike’s new CEO signals a return to its old values

'Our time is short, shorter than we ever know, short as a morning run, and I wanted mine to be meaningful,' Nike founder Phil Knight wrote in his memoir.

Fortune

Nike stock jumps as company vet Elliott Hill hired as CEO

The shoe giant's shares are down over 20% year-to-date after an ambitious direct-selling strategy opened the door to competition.

International Business Times

Nike Veteran Executive Elliott Hill To Replace John Donahoe As CEO

Hill will assume his new role on Oct. 14 and will also join the Board of Directors and the Executive Committee.

USA Today Sports Media Group

Dan Lanning fires back at Kirby Smart on NIL comments

The Oregon head coach and former Georgia defensive coordinator Dan Lanning responded to comments made by the Bulldogs' Kirby Smart

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Sports Illustrated

Dan Lanning Defends Oregon Amid NIL-Related Jabs at Big Ten Media Days

The Ducks appear prepared to succeed in their new home.

USA Today Sports Media Group

Georgia head coach Kirby Smart envious of Oregon’s NIL money

Georgia's Kirby Smart wishes he had the NIL money that head coach Dan Lanning and Oregon have

USA Today Sports Media Group

Oregon football has ‘unlimited’ NIL backing from Nike

Phil Knight is ready to spend for Oregon football.

Fortune

A renowned photographer claims Nike ‘snookered’ him out of the picture that would become the Air Jordan logo

A new short documentary that premiered at the Tribeca Film Festival recounts the story of Jacobus “Co” Rentmeester, the photographer who shot the famed silhouette of Michael Jordan.

Wallpaper

‘Help me go faster’: How Nike Air is priming its athletes for Olympic success

Ahead of the Paris 2024 Olympics, Nike’s chief design officer Martin Lotti opens up to Wallpaper* about its latest high-performance sneakers, developed alongside world-leading athletes and honed using AI technology

International Business Times UK

Tiger Woods and Nike Part Ways After Partnership Spanning Nearly Three Decades

In his 27 years as a Nike athlete, Tiger Woods reportedly earned close to £400 million from the collaboration and will now move on to a new sponsor.

Pedestrian.tv

Tiger Woods’ Partnership With Nike Has Ended After 27 Years Of Sponsorship

Nike was one of the only brands to stick by Tiger Woods during his 2009 infidelity scandal.

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