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John Ternus stands in front of an Apple Store
Big TechMeet John Ternus, the 51-year-old former swimming champ who will succeed Tim Cook as Apple CEO

Apple just announced Tim Cook will become executive chairman of Apple’s board of directors and John Ternus, senior vice president of hardware engineering, will become Apple’s next CEO.

By Dave Smith and Fortune EditorsApril 20, 2026
Nike’s ‘Walkers Tolerated’ sign at the Boston Marathon was meant to fire up runners. Instead, it insulted them
RetailNike’s ‘Walkers Tolerated’ sign at the Boston Marathon was meant to fire up runners. Instead, it insulted them
By Phil WahbaApril 20, 2026
Fermi Inc. cofounders Toby Neugebauer, left, and former Texas Gov. Rick Perry, right, mark their Nasdaq IPO in early October for their AI power company plans.
EnergyStruggling AI power startup Fermi loses its CEO and CFO for ‘2.0’ reset
By Jordan BlumApril 20, 2026
Apple CEO Tim Cook is stepping down, and hardware boss John Ternus will be new CEO
Big TechApple CEO Tim Cook is stepping down, and hardware boss John Ternus will be new CEO
By Alexei OreskovicApril 20, 2026
Latest
Labor Secretary Lori Chavez-DeRemer leaves Trump’s Cabinet after allegations of having an affair with a subordinate and drinking on the job16 minutes ago
Jeff Bezos’ Blue Origin grounds New Glenn rocket after a bad engine put a satellite in the wrong orbit29 minutes ago
Nike’s ‘Walkers Tolerated’ sign at the Boston Marathon was meant to fire up runners. Instead, it insulted them1 hour ago
Struggling AI power startup Fermi loses its CEO and CFO for ‘2.0’ reset2 hours ago
‘Tethered to a galaxy far, far away’: Former diplomats doubt Trump’s Iran talks can deliver in final 48 hours
Politics‘Tethered to a galaxy far, far away’: Former diplomats doubt Trump’s Iran talks can deliver in final 48 hours
By Eva RoytburgApril 20, 2026
Scott Bessent, standing in front on an American flag, puts one hand up as he talks.
Law$166 billion in tariff refunds just became available, but small businesses may already be at a disadvantage
By Sasha RogelbergApril 20, 2026
White House–backed USA Rare Earth makes $3 billion acquisition in South America to combat Chinese dominance
EnergyWhite House–backed USA Rare Earth makes $3 billion acquisition in South America to combat Chinese dominance
By Jordan BlumApril 20, 2026
Ford CEO says Tesla doesn’t have an ‘updated vehicle,’ and now he’s pivoting to catch up with his real competitor: China’s BYD
North AmericaFord CEO says Tesla doesn’t have an ‘updated vehicle,’ and now he’s pivoting to catch up with his real competitor: China’s BYD
By Marco Quiroz-GutierrezApril 20, 2026
Photo of Alex Karp
PoliticsPalantir wants to bring back the draft just as the Selective Service preps for automatic registration
By Catherina GioinoApril 20, 2026
electrician
EconomyThis talent CEO says laid-off tech workers are ignoring a $300K ‘white-collar trade job’ with 81K openings a year
By Jake AngeloApril 20, 2026
Connie and Steve Ballmer pose and smile
SuccessBillionaire Connie Ballmer just donated $80 million to support NPR after Trump cut $1.1 billion from public broadcasting
By Jacqueline MunisApril 20, 2026
UAE officials reportedly warned they may be forced to use yuan or other currencies if they run low on dollars amid the Iran war
EconomyUAE officials reportedly warned they may be forced to use yuan or other currencies if they run low on dollars amid the Iran war
By Jason MaApril 20, 2026
Newsletters
MPW DailyBy Lily Mae Lazarus
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I joined a founder lobbying Congress. This is the ‘winnable’ battle she’s fighting for women’s health
Fortune Workplace InnovationBy Kristin Stoller
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The AI layoff trap: How cutting headcount could backfire on corporate America
CFO DailyBy Sheryl Estrada
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Warren Buffett’s favorite market indicator is flashing a warning
Fortune CryptoBy Jeff John Roberts
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The crypto industry and prediction markets share a mission of disruption—but it’s not clear where crypto fits in
Next to LeadBy Ruth Umoh
How Carvana survived a 99% stock plunge: ‘We’re very comfortable being the underdog’
Term SheetBy Allie Garfinkle
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Private markets have soared to $10 trillion in AUM. But why have they underperformed public markets?
AI
Signs opposing a proposed data center in Monterey Park, CA.
AIHalf of all new electricity demand in the U.S. last year came from data centers—just as public opinion of them plummets
By Tristan BoveApril 20, 2026
electrician
EconomyThis talent CEO says laid-off tech workers are ignoring a $300K ‘white-collar trade job’ with 81K openings a year
By Jake AngeloApril 20, 2026
Nvidia CEO Jensen Huang
SuccessNvidia’s Jensen Huang says AI assistants will act more like overbearing managers rather than job destroyers: ‘They’ll be micromanaging you’
By Emma BurleighApril 20, 2026
French prosecutors summon Elon Musk over X’s alleged “complicity” in spreading child abuse materials
LawFrench prosecutors summon Elon Musk over X’s alleged “complicity” in spreading child abuse materials
By The Associated Press and Samuel PetrequinApril 20, 2026
Term Sheet podcast
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The Startup Fighting to Save the American Farm with Modern Finance7 hours ago
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How Winston Weinberg built his $11 billion AI Company | Term Sheet21 days ago
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Why revenue is an outdated metric | Term Sheet49 days ago
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Chemistry cofounder: "more talented founders than ever" are moving into health care | Term Sheet63 days ago
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Exelon CEO on if our utilities can handle the AI boom | Term Sheet77 days ago
Success
John Ternus stands in front of an Apple Store
Big TechMeet John Ternus, the 51-year-old former swimming champ who will succeed Tim Cook as Apple CEO
By Dave Smith and Fortune EditorsApril 20, 2026
electrician
EconomyThis talent CEO says laid-off tech workers are ignoring a $300K ‘white-collar trade job’ with 81K openings a year
By Jake AngeloApril 20, 2026
Connie and Steve Ballmer pose and smile
SuccessBillionaire Connie Ballmer just donated $80 million to support NPR after Trump cut $1.1 billion from public broadcasting
By Jacqueline MunisApril 20, 2026
Nvidia CEO Jensen Huang
SuccessNvidia’s Jensen Huang says AI assistants will act more like overbearing managers rather than job destroyers: ‘They’ll be micromanaging you’
By Emma BurleighApril 20, 2026
Energy
Fermi Inc. cofounders Toby Neugebauer, left, and former Texas Gov. Rick Perry, right, mark their Nasdaq IPO in early October for their AI power company plans.
EnergyStruggling AI power startup Fermi loses its CEO and CFO for ‘2.0’ reset
By Jordan BlumApril 20, 2026
‘Tethered to a galaxy far, far away’: Former diplomats doubt Trump’s Iran talks can deliver in final 48 hours
Politics‘Tethered to a galaxy far, far away’: Former diplomats doubt Trump’s Iran talks can deliver in final 48 hours
By Eva RoytburgApril 20, 2026
White House–backed USA Rare Earth makes $3 billion acquisition in South America to combat Chinese dominance
EnergyWhite House–backed USA Rare Earth makes $3 billion acquisition in South America to combat Chinese dominance
By Jordan BlumApril 20, 2026
Signs opposing a proposed data center in Monterey Park, CA.
AIHalf of all new electricity demand in the U.S. last year came from data centers—just as public opinion of them plummets
By Tristan BoveApril 20, 2026
From the Magazine
MagazineKen Griffin wants to reshape Miami—and maybe American politics

The mega-donor Republican is betting the Sun Belt is the future of American enterprise, and breaking with the president on trade and immigration.

By Shawn TullyMarch 31, 2026
Who owns ideas in the AI age?
MagazineWho owns ideas in the AI age?
By Francesca CassidyApril 8, 2026
Anthropic’s research shows that AI can already do a huge portion of many jobs; its top economist talks about how that could shape the future of work
MagazineAnthropic’s research shows that AI can already do a huge portion of many jobs; its top economist talks about how that could shape the future of work
By Matthew Heimer and Nicolas RappApril 7, 2026
Fortune Archives: Who gets a seat at the table?
MagazineFortune Archives: Who gets a seat at the table?
By Indrani SenApril 5, 2026
The Walmart billionaires next door: Quiet backlash is brewing against the heirs who remade the retailer’s hometown
MagazineThe Walmart billionaires next door: Quiet backlash is brewing against the heirs who remade the retailer’s hometown
By Jessica MathewsApril 3, 2026
Fortune Rankings
Fortune 100 Best Companies to Work For
Fortune 100 Best Companies to Work For
By FortuneApril 1, 2026
Fortune World's Most Admired Companies
World’s Most Admired Companies
By FortuneJanuary 21, 2026
Fortune 500 Europe logo
Fortune 500 Europe
By FortuneOctober 29, 2025
Fortune 500
Fortune 500
By FortuneJune 2, 2025
Leadership
Nike’s ‘Walkers Tolerated’ sign at the Boston Marathon was meant to fire up runners. Instead, it insulted them
RetailNike’s ‘Walkers Tolerated’ sign at the Boston Marathon was meant to fire up runners. Instead, it insulted them
By Phil WahbaApril 20, 2026
Fermi Inc. cofounders Toby Neugebauer, left, and former Texas Gov. Rick Perry, right, mark their Nasdaq IPO in early October for their AI power company plans.
EnergyStruggling AI power startup Fermi loses its CEO and CFO for ‘2.0’ reset
By Jordan BlumApril 20, 2026
John Ternus stands in front of an Apple Store
Big TechMeet John Ternus, the 51-year-old former swimming champ who will succeed Tim Cook as Apple CEO
By Dave Smith and Fortune EditorsApril 20, 2026
Apple CEO Tim Cook is stepping down, and hardware boss John Ternus will be new CEO
Big TechApple CEO Tim Cook is stepping down, and hardware boss John Ternus will be new CEO
By Alexei OreskovicApril 20, 2026
Fortune Crypto Playbook
Crypto is entering its ‘collared-shirt’ era says Andreessen Horowitz partner Guy Wuollet
CryptoCrypto is entering its ‘collared-shirt’ era says Andreessen Horowitz partner Guy Wuollet
By Jeff John RobertsMarch 27, 2026
Trump’s memecoin does have a purpose: Access to the White House
CryptoTrump’s memecoin does have a purpose: Access to the White House
By Fortune EditorsMarch 20, 2026
Kraken co-CEO Arjun Sethi on why the crypto exchange’s new Fed master account access and NASDAQ partnership isn’t designed to ‘disrupt the banking system’
CryptoKraken co-CEO Arjun Sethi on why the crypto exchange’s new Fed master account access and NASDAQ partnership isn’t designed to ‘disrupt the banking system’
By Leo SchwartzMarch 13, 2026
Crypto industry could get its long-awaited bill as soon as July, says longtime D.C. insider
CryptoCrypto industry could get its long-awaited bill as soon as July, says longtime D.C. insider
By Jeff John RobertsMarch 6, 2026
Features
Who owns ideas in the AI age?
MagazineWho owns ideas in the AI age?
By Francesca CassidyApril 8, 2026
The Walmart billionaires next door: Quiet backlash is brewing against the heirs who remade the retailer’s hometown
MagazineThe Walmart billionaires next door: Quiet backlash is brewing against the heirs who remade the retailer’s hometown
By Jessica MathewsApril 3, 2026
Have a strong brand in a world of noise—it’s like having the only red T-shirt in a stadium full of white ones
MagazineHave a strong brand in a world of noise—it’s like having the only red T-shirt in a stadium full of white ones
By Kamal AhmedApril 2, 2026
Ken Griffin wants to reshape Miami—and maybe American politics
MagazineKen Griffin wants to reshape Miami—and maybe American politics
By Shawn TullyMarch 31, 2026
One strategy, real AI results
AIHow to decide if gen AI is the right path for your product

“When we’re looking at all of the potential investment opportunities, sometimes generative AI is the best, and sometimes it’s not. Sometimes, our money is better spent elsewhere,” product management expert Kayla Doan told Fortune.

By Sage LazzaroMarch 17, 2026
How cutting out product management enabled Kilo to compete in the hyper-fast AI coding market
AIHow cutting out product management enabled Kilo to compete in the hyper-fast AI coding market
By Sage LazzaroMarch 17, 2026
Inside Bank of America’s ‘build once’ AI strategy
AIInside Bank of America’s ‘build once’ AI strategy
By Sage LazzaroMarch 17, 2026
Why Pinterest is going all in on open-source AI
AIWhy Pinterest is going all in on open-source AI
By Sage LazzaroMarch 17, 2026
How Seismic’s AI incubation team became its ultimate AI strategy
AIHow Seismic’s AI incubation team became its ultimate AI strategy
By Sage LazzaroMarch 17, 2026
Real Estate
Mortgage rates today, April 20, 2026
Personal FinanceMortgage rates today, April 20, 2026
By Glen Luke FlanaganApril 20, 2026
Current ARM mortgage rates report for April 20, 2026
Personal FinanceCurrent ARM mortgage rates report for April 20, 2026
By Glen Luke FlanaganApril 20, 2026
Current refi mortgage rates report for April 20, 2026
Personal FinanceCurrent refi mortgage rates report for April 20, 2026
By Glen Luke FlanaganApril 20, 2026
View of Mar-a-Lago in Palm Beach
Real EstateFor wealthy buyers, Mar-a-Lago’s security perimeter is Palm Beach’s hottest amenity
By Sydney LakeApril 19, 2026
Great Place to Work Rankings
Fortune 100 Best Companies to Work For Southeast Asia 2025 logo
Fortune 100 Best Companies To Work For – Southeast Asia
By Fortune and Great Place To WorkDecember 1, 2025
Best Large Workplaces for Parents
Best Large Workplaces for Parents
By Fortune and Great Place To WorkNovember 18, 2025
World’s 25 Best Workplaces
World’s 25 Best Workplaces
By FortuneNovember 13, 2025
100 Best Large Workplaces for Women
100 Best Large Workplaces for Women
By FortuneOctober 23, 2025
Commentary
ZoomBy Josh Kallmer
The U.S. has a $282 billion trade surplus you’ve never heard of — and it’s at risk
SalesforceBy Keith Ferrazzi and Wendy Smith
AI’s next act: how Salesforce is turning efficiency gains into revenue
White HouseBy Robert Hormats
Trump has already endorsed the Monroe Doctrine. Now he needs to endorse the Truman Doctrine
ManufacturingBy Johan "Kip" Eideberg
Tariffs alone won’t save American manufacturing — here’s what actually will
IranBy Angela Chitkara and Samantha Sutton
With Hormuz under strain, a trade corridor built for resilience faces a real-world test
SoftwareBy Michael Jacobides and Stefano Puntoni
The 3 forces quietly dismantling the business model that made enterprise software fabulously profitable
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