Apple names insider John Ternus to succeed Tim Cook as CEO

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Tim Cook is stepping down as CEO of Apple on Sept. 1, the Big Tech giant said in a shock announcement on Monday afternoon. Cook, 65, will transition to a role as the company’s executive chairman. John Ternus, the 50-year-old head of Apple’s hardware division, will replace Cook as CEO. Apple said the leadership shakeup […]


The race to succeed Jerome Powell at the Fed just got weirder

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Federal Reserve Chair Jerome Powell’s wild ride with President Trump took a few turns down Crazy Street a while ago, of course – but that doesn’t mean the stomach-churning trip is over. While Wall Street grapples with the president’s threats to fire the central bank’s boss, the rumor mill surrounding his possible successor has yielded a […]