Nike's recent quarterly results showed some stability on the top line, but its profits fell 32%. Turnaround attempts are challenging in the best of times. Amid economic uncertainty, they can be much more daunting. That's the situation Nike (NKE +1.68%) finds itself in today. New CEO Elliott Hill is working on improving relationships with key...

Nike's recent quarterly results showed some stability on the top line, but its profits fell 32%. Turnaround attempts are challenging in the best of times. Amid economic uncertainty, they can be much more daunting. That's the situation Nike (NKE +1.68%) finds itself in today. New CEO Elliott Hill is working on improving relationships with key...

Stock Market Today: The Dow Jones index dropped Thursday after surprise jobless claims. Apple and Tesla stock extended their losses.