Apple's new CEO John Ternus takes the helm of the iconic tech giant on Tuesday, ending Tim Cook's 15-year tenure during which the company's value skyrocketed to $4.6 trillion thanks to the iPhone's enormous popularity.
Page F2From§Eachthe coffee break edition — 1 September 2026
Apple CEO hands off after 15 years as Congress untangles grant strings, Argentina beef recall tests Trump import plan

The receipts: Apple’s CEO transition after 15 years (The Hill), Congressional efforts to untangle Washington’s grant strings to states (The Hill), and a recall of Argentine beef possibly tied to Trump’s import plan (The Hill). The precision sits in the timelines: the handoff at Apple, the ongoing struggle with grant restrictions, and the recall intersecting with trade policy. The reconciliation: power changes hands, money changes direction, and the meat changes status. The column gaps: the old leader retires, the new one inherits the strings, and the plan faces the recall. The rest runs on Page 2.
“Apple swaps CEOs after a long run, Congress tries to cut the strings on state grants, and Trump’s beef import plan faces a recall. The big players hand off power, the money gets tied up, and the plan gets tested by a bad batch. The system keeps running, but the handshakes come with knots.”
“Well, changing CEOs is normal in business, and Congress is just making sure grants are used properly. The beef recall is an unfortunate hiccup, but that doesn’t mean Trump’s plan needs reconsidering. Did I say tested? Maybe I meant refined.”
The receipts
The recalled beef is not part of the president's plan to bring down prices by importing foreign beef.
Red tape reduction is a hallmark of President Trump’s administration. But there’s another problematic set of strings that deserves cutting too: the multiple strings federal agencies impose on state grant recipients. Luckily for the states…
This page is a back-issue: the story as it ran, receipts as they were. The current edition is at the front.