Skip to content
Search

Latest Stories

Hard Numbers

Hard number: Apple let him Cook

Hard number: Apple let him Cook
Eileen Zhang

Apple announced on Monday that Cook, who took over as CEO when company founder Steve Jobs died in 2011, will step down in September. Cook will leave behind an astonishing legacy, navigating supply disruptions and geopolitical turmoil to add more dollar value to a US firm than any other CEO except Jensen Huang at Nvidia. But Cook has faced criticism for failing to spark further innovation – a key challenge to be addressed by his replacement, current Senior Vice President John Ternus.

More For You

Hard Number: Trump’s tariff refunds on their way
Eileen Zhang
As of Monday morning, businesses that paid these levies can start applying for the refunds, which will provide a cash boost for firms that chose to absorb the cost of the duties rather than pass them onto consumers. Meanwhile, the refunds have already given rise to a new financial product, with businesses that need immediate cash injections [...]
Hard number: Haiti’s hunger crisis
Natalie Johnson
Five years after President Jovenel Moïse was assassinated, the turmoil in Haiti – where gangs control large swaths of the country and continue to sow chaos – shows no signs of abating. The consequence is a burgeoning humanitarian crisis, with 1.4 million people displaced, and millions more facing food shortages. Officials fear the Iran war could [...]
Hard Number: Controversial South African politician sentenced
Natalie Johnson
The far-left political party leader – and one of South Africa’s most prominent and most controversial politicians – was convicted last year on charges related to firing a gun at a rally in 2018. Malema has been allowed to keep his seat while he appeals the decision, although he will lose it should this fail as South Africa bars anyone who has been [...]
Hard Number: Saudi Arabia picks up Pakistan’s tab again
Natalie Johnson
The extra cash comes just before Islamabad sends a $3.5 billion debt repayment to Saudi Arabia’s friend-turned-rival, the UAE. This isn’t the first time that Saudi Arabia has provided Pakistan, a relatively poor country with a mighty military, with funding. In 2018, Riyadh gave Pakistan a rescue package worth $6 billion as it faced an economic [...]