John Ternus, Apple’s new ‘wicked calm’ CEO

Financial Times Friday 04 September 2026, 17:00 UTC 1 min read

Key Points

Tim Cook’s successor is a product engineer who has spent 25 years at the company and belongs to the generation mentored by Steve Jobs

John Ternus (PERSON) Apple (ORG) Tim Cook (PERSON) Steve Jobs (PERSON)

Originally published by Financial Times Read original →

Trump threatens to cut trade with some countries if Fed doesn’t lower rates The message suggests the US president is running out of patience with the central bank just months after Warsh took over from Powell President Donald Trump intensified pressure on the Federal Reserve to lower interest rates, threatening to cut off trade with certain economies with which the US has a deficit if the central bank does not act. Trump issued his demands on Friday in a lengthy social media post after a...

South China Morning Post 26m ago

U.S. sanctions Turkish bank accused of enabling Iran as Bessent says he 'hopes for' no further bank penalties

The Treasury Department on Friday announced sanctions against a small Turkish investment bank and two of its subsidiaries, which the U.S. accuses of facilitating funds for an arm of Iran's Revolutionary Guard Corps. The action against Golden Global Bank makes it the second financial institution to be targeted under "Operation Economic Outcast," the Trump administration's attempt to isolate Tehran by sanctioning its business partners. Treasury Secretary Scott Bessent said in a statement,...

CNBC 31m ago

Tesla's stock drops as Cybercab update 'underwhelms' Wall Street

Tesla shares slid 6% on Friday after the electric vehicle maker's long-awaited Cybercab update failed to impress investors who are betting the company can become a major player in the U.S. robotaxi market currently dominated by Alphabet's Waymo. The Cybercab, which Tesla first showed off almost two years ago, has been in production since April. It's a bronze-colored two-seat robotaxi with scissor, or butterfly, doors and no steering wheel or pedals.

CNBC 32m ago

Defending champion Sabalenka extends US Open winning streak with Rakhimova win

Defending champion Sabalenka extends US Open winning streak with Rakhimova win NEW YORK, Sept 4 : Two-time defending champion Aryna Sabalenka continued her imposing run at the U.S. Open with a composed 6-3 6-4 victory over Kamilla Rakhimova in the third round on Friday, extending her bid for a fifth Grand Slam title. Sabalenka opened play on a sweltering morning at Flushing Meadows and wasted little time making her intentions clear, breaking early to seize control and never looking back as...

Channel News Asia 42m ago

John Ternus, Apple’s new ‘wicked calm’ CEO

Related Stories

Trump threatens to cut trade with some countries if Fed doesn’t lower rates

U.S. sanctions Turkish bank accused of enabling Iran as Bessent says he 'hopes for' no further bank penalties

Tesla's stock drops as Cybercab update 'underwhelms' Wall Street

Defending champion Sabalenka extends US Open winning streak with Rakhimova win