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Other Developments
A curated list of other prominent stories from this day.
10:00 AMFortune
Can Apple’s incoming CEO bring back the product design mojo of the Steve Jobs era?
Summary
Apple still depends heavily on the iPhone for revenue, and former insiders argue that incoming CEO candidate John Ternus will need to restore designers to a more central role to find the next breakout product. The piece frames Apple’s challenge as less about execution and more about restarting a design-led pipeline that can produce a new platform-scale hit.
Why it matters
If Apple cannot diversify beyond the iPhone with a new platform product, growth and valuation will stay tied to a maturing smartphone cycle.
As millions of Gen Zers face unemployment, CEOs of Amazon, Citi, and McDonald’s say opportunity is still there—if you have the right mindset
Summary
Top executives argue that despite a weak entry-level market, workers can improve their prospects by adopting adaptable habits like continuous learning, resilience, and skill-building aligned to employer needs. Their advice positions employability as a function of mindset and preparation rather than solely macro conditions.
Why it matters
How CEOs frame the jobs slump influences policy pressure, recruiting standards, and whether companies invest in entry-level pipelines or offload the burden onto workers.