Apple’s Tim Cook takes 40% pay cut, AEW interested in WWE merger, Sweden finds rare earth metals

Yahoo Finance published this video item, entitled “Apple’s Tim Cook takes 40% pay cut, AEW interested in WWE merger, Sweden finds rare earth metals” – below is their description.

#Apple #TimCook #yahoofinance

Notable business headlines include Apple CEO Tim Cook receiving a 40% pay cut, AEW’s interest in a WWE merger, and Sweden finding rare earth metals.

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In This Story: Sweden

Sweden is a Scandinavian nation with thousands of coastal islands and inland lakes, along with vast boreal forests and glaciated mountains. Its principal cities, eastern capital Stockholm and southwestern Gothenburg and Malmö, are all coastal. Stockholm is built on 14 islands. It has more than 50 bridges, as well as the medieval old town, Gamla Stan, royal palaces and museums such as open-air Skansen.

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In This Story: Tim Cook

Timothy Donald Cook is the chief executive officer of Apple Inc., and previously served as the company’s chief operating officer under its cofounder Steve Jobs.

Cook joined Apple in March 1998 and was made the chief executive on August 24, 2011, prior to Jobs’ death in October of that year.

Since 2011 when he took over Apple, to 2020, Cook doubled the company’s revenue and profit, and increased its market value from $348 billion to $1.9 trillion.

In 2014, Cook became the first chief executive of a Fortune 500 company to publicly come out as gay. Cook also serves on the boards of directors of Nike, Inc., the National Football Foundation, and is a trustee of Duke University. In March 2015, he said he planned to donate his entire stock fortune to charity.

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