Tim Cook has announced he will step down as Apple chief executive after nearly 15 years in the role, moving to executive chairman in September 2026. The company’s current head of hardware engineering John Ternus is set to succeed him. Mr Cook’s tenure marks one of the most successful leadership periods in corporate history, during…

Nike has removed a sign from its Newbury Street, Boston store that read “Runners welcome. Walkers tolerated” after it drew significant backlash online. The sign, which was intended to inspire participants in the Boston Marathon, was up for just over a week. Nike acknowledged the misstep, saying: “One of them missed the mark. We took…

Boeing is hiring between 100 and 140 factory workers each week – the highest pace ?since 2024 – as it replaces retirees and increases staffing to support higher production rates. The U.S. planemaker’s unionized factory workers in the Pacific Northwest now number more than 34,000 and are “heading higher,” Jon Holden told Reuters in his…

Senior U.S. defense officials have held talks about producing weapons and other military supplies with top executives ?of companies including General Motors, GE Aerospace and Ford Motor. The preliminary and wide-ranging talks, which commenced before the war with Iran, come as the White House wants automakers and other American manufacturers to play a ?larger role…

Amazon agreed to acquire satellite communications company Globalstar for $10.8bn, a major strategic move to accelerate Project Kuiper and sharpen its challenge to Elon Musk’s Starlink. The deal gives Amazon control of Globalstar’s satellites, spectrum and network infrastructure, strengthening its position in the fast-growing market for low-earth-orbit broadband. For CEOs and boards, the transaction signals…

According to a new Gallup poll, more American workers are integrating artificial intelligence (AI) into their jobs, yet skepticism about the technology persists. The survey reveals that while 30% of employees frequently use AI, many remain concerned about job displacement due to new technologies. Scott Segal, a social worker, expressed his worries, saying: “I think…