Leadership
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Here’s what Warren Buffett, Sam Altman, Donald Trump, and everyone else has to say about Tim Cook stepping down
Apple’s entering a new era. The company announced on Monday that CEO Tim Cook will be stepping down and John Ternus, Apple’s current senior vice president of hardware engineering, will succeed him. Cook has led the company for almost 15 years, assuming the role shortly before founder Steve Jobs’ death in 2011. Under his leadership,
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Apple is slipping on Tim Cook’s exit. Wall Street says buy anyway
Tim Cook is handing Apple to its hardware chief, John Ternus. Wall Street is fine with it; Main Street, less so. The stock fell nearly 1% to around $270 after Tuesday’s open on news Ternus would succeed Cook on Sept. 1, with Cook transitioning to executive chairman after 15 years as CEO. Wedbush, Evercore, Citi,
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Amazon CEO Andy Jassy tells Gen Z that if they want to be successful, they have to ‘pay their dues’ first
Gen Z has a long checklist for their early careers: solid pay, work-life balance, and a trajectory that won’t be wiped out by AI. But according to Amazon CEO Andy Jassy, the dream of landing a great job straight out of college is the first thing that needs to go—because it almost never works that
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Apple just named its next CEO—and Tim Cook is passing down the same advice Steve Jobs once gave him
Apple just named its next CEO, who will be taking the reins from Tim Cook this fall: longtime insider John Ternus. He inherits the $4 trillion company that became a global icon under late cofounder Steve Jobs, and Cook says he’d offer his successor the same advice Jobs gave him when he stepped into the
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Meet Blackstone’s ‘accidental influencer’ who made LinkedIn jogs Wall Street’s must‑watch content
It is nine degrees on a Sunday in January, and while most New Yorkers are hunkered down during New York City’s largest snowfall in years, Blackstone’s president and chief operating officer is jogging through several inches of fresh snow in Central Park. Jonathan Gray sounds a little out of breath as the snow falls around
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Jeff Bezos once gave Eva Longoria and the admiral behind Osama bin Laden’s capture $100 million—but she says you don’t need wealth to give back
A lot of people talk about changing the world. But Amazon’s billionaire founder, Jeff Bezos, gave Eva Longoria $50 million to actually do it. And two years on, she says the biggest myth still surrounding philanthropy is that you have to be rich to do it. “One of the biggest misconceptions about philanthropy is that impact
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Billionaire Connie Ballmer just donated $80 million to support NPR after Trump cut $1.1 billion from public broadcasting
After an exceptionally tough year for public media, Connie Ballmer, billionaire philanthropist and wife of former Microsoft CEO Steve Ballmer, donated $80 million to support NPR’s future. “We need fact-based journalism, and we need local journalism,” Ballmer told The Wall Street Journal in an interview published Saturday. Ballmer is an avid NPR listener and said
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Nvidia’s Jensen Huang says AI assistants will act more like overbearing managers rather than job destroyers: ‘They’ll be micromanaging you’
Tech leaders are split on how AI will shake up the world of work. While some CEOs are staunch believers that a white-collar jobs armageddon is imminent, others say it’ll supercharge humans in their professional lives. Jensen Huang, the chief executive of $4.8 trillion giant Nvidia, believes AI agents will act more like overbearing managers
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How Carvana survived a 99% stock plunge: ‘We’re very comfortable being the underdog’
Carvana was one of the pandemic era’s biggest corporate winners. As consumers embraced online car buying and used-car prices surged, the company became a market darling and a symbol of digital disruption. By 2022, it had hit a wall. Interest rates were rising, used-car demand was weakening, and financing was getting more expensive. Carvana, which
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Elon Musk bans résumés and cover letters in hiring for his chip team. These are the 3 bullet points he’s looking for instead
It takes hours for some people to craft a résumé and cover letter, listing past experience and accomplishments on a sheet of paper—details your interviewer is likely to ask you to explain face-to-face anyway. That redundant, time-consuming process has forced many to ditch the career materials, and Elon Musk is leading the charge. The Tesla