Cook

The prime minister tells the Guardian that last year’s diplomatic rift with ally New Zealand could be on voters’ minds as they head to the pollsAs voters in the Cook Islands prepare to head to the polls in a high-stakes general election, they will have much to reflect on. Over recent years, politics in this small island nation has been defined by fierce debates about deep-sea mining, diplomatic rifts with ally New Zealand and a major reshaping of the country’s foreign partnerships.In an exclusive interview with the Guardian, days before Wednesday’s poll, Cook Islands prime minister Mark Brown defended his four-year term and the decisions he made that have seen this South Pacific nation of 17,000 people pushed into the international limelight, turning it into a battleground for influence between Beijing and western powers. Continue reading...

White House continues to target Cook despite decision from justices that upheld Federal Reserve’s independenceDonald Trump is attempting once again to oust US Federal Reserve governor Lisa Cook over allegations of mortgage fraud, despite a recent US supreme court decision that upheld the central bank’s independence.Cook reportedly received a letter from the White House this week that provided notice, in accordance to the supreme court’s June ruling, that Trump is “considering removing” her from her Fed position over the same claims of mortgage fraud that he levied against her last summer. Continue reading...

• Apple CEO Tim Cook announced that India was among the company's best-performing markets globally during a record-breaking June quarter. • The company achieved revenue records across all geographic segments, with India specifically emerging as one of the strongest markets for Mac products. • Globally, the Mac business generated a record $10.4 billion in revenue, representing a 29% year-on-year increase driven by the MacBook Neo and MacBook Pro.

• Leopold Aschenbrenner's hedge fund, Situational Awareness, has reportedly suffered steep financial losses. • The losses were driven by a decline in AI infrastructure stocks and unsuccessful short positions in software companies. • This development highlights the volatility and high risk associated with aggressive AI-centric investment strategies.

• Apple has received approval from Beijing to integrate third-party AI models into its operating systems, partnering with Alibaba for its Qwen model and collaborating with Baidu. • This strategic move allows Apple to leverage existing Chinese AI infrastructure rather than developing its own proprietary models for the region. • The news triggered a positive market reaction, sending Apple shares to a record high and boosting Alibaba and Baidu stocks by 5% and 4% respectively in Hong Kong trading.

Hispanic communities have taken economic hit over anti-immigration raids, prompting people to shop online and reuse oilUK politics live – latest updatesThe US cooking oil market is shrinking and unlikely to improve soon because of economic and immigration enforcement pressures on Latino households, the owner of the Mazola brand has said.George Weston, the chief executive of Associated British Foods (ABF), told City analysts that cooking oil sales had suffered as “our heavy use consumer is that Hispanic population who are under financial pressure, who are under pressure from Ice [Immigration and Customs Enforcement] and are feeling a bit miserable”. Continue reading...

• The Supreme Court ruled on Monday that while President Donald Trump may fire the heads of most independent federal agencies, the Federal Reserve remains an exception. • This decision ensures that Federal Reserve Governor Lisa Cook can retain her position despite the administration's broader efforts to remove agency leaders. • The ruling is significant as it preserves a level of independence for the U.S. central bank, shielding its leadership from direct presidential termination.

• The US Supreme Court ruled in favor of expanded executive power, allowing presidents to fire agency board members without cause. • Chief Justice John Roberts wrote for the conservative majority that previous protections against removal, specifically the 1935 Humphrey’s Executor ruling, contradict the Constitution's separation of powers. • The decision stems from a case involving Rebecca Slaughter, a former Federal Trade Commission member whom Donald Trump fired despite federal laws requiring a specific reason for dismissal.

• The Supreme Court rejected an attempt by President Donald Trump to fire Federal Reserve Governor Lisa Cook, upholding the central bank's operational independence. • The ruling included opposition from Republican-appointed justices, prompting Trump to label them "fools" and "lapdogs" for Democrats. • This decision is significant as it preserves a critical legal barrier preventing the executive branch from interfering with Federal Reserve monetary policy.

• The Supreme Court ruled that Federal Reserve Governor Lisa Cook may remain in her position while her legal challenge against her dismissal proceeds in lower courts. • The decision centers on the legal protections provided by Congress, which established 14-year terms for Fed board members to insulate the institution from political pressure. • Under these rules, board members can only be fired "for cause," specifically citing malfeasance in office or neglect of duty.

• The Supreme Court issued a series of final rulings for the term, including a decision allowing Federal Reserve Governor Lisa Cook to retain her position. • The Court rejected a Republican-led challenge to laws in over half of U.S. states and D.C. that permit mailed ballots to be counted after Election Day if they are postmarked on time. • This ruling is significant as it prevents election officials from having to overhaul ballot rules shortly before the 2026 midterm congressional elections.

• The Supreme Court expanded presidential authority by upholding Donald Trump’s right to fire heads of independent federal agencies, overturning the long-standing precedent set by Humphrey's Executor. • In the case involving former Federal Trade Commission member Rebecca Slaughter, the conservative majority ruled that the president can remove such officials even when federal law requires a specific cause. • This ruling significantly reduces the independence of federal agencies by allowing political influence over leadership, though the court made a critical exception for the Federal Reserve.

• The Supreme Court issued a ruling that strengthens President Trump’s authority to fire independent agency members, a move Trump described as a historic expansion of presidential power. • Despite this broader authority, the Court specifically protected Federal Reserve Governor Lisa Cook, ruling that Fed governors can only be fired "for cause" rather than for any reason. • This decision is significant as Trump seeks to transform the U.S. government by replacing independent officials with political allies to ensure executive control.

• The Supreme Court ruled that President Donald Trump cannot fire Federal Reserve board member Lisa Cook, protecting her position within the central bank. • Conversely, the Court granted the president broader authority to remove officials from other independent agencies, specifically green-lighting the firing of FTC Commissioner Rebecca Slaughter. • This split decision balances the independence of the Federal Reserve against the president's desire for greater executive control over various federal regulatory bodies.

Justices find president does not have constitutional authority to fire Federal Reserve governor without causeUS supreme court decisions – live updatesSign up for the Breaking News US emailThe US supreme court has ruled that Donald Trump’s firing of a Federal Reserve governor was unconstitutional, in a landmark ruling that limits a president’s authority over the central bank.In its opinion, the court said that Trump does not have the constitutional authority to fire a Fed governor without cause. Continue reading...

Cook is at the center of a supreme court case focused on whether Trump’s firing of her from the Fed board was legalFederal Reserve governor Lisa Cook faced more than $1.3m in legal and security fees after coming under attack from the Trump administration, according to ethics disclosures that were filed on Wednesday.The White House targeted Cook last summer as Donald Trump ramped up his unprecedented campaign to push the Fed to cut interest rates. Continue reading...

In a career spanning five decades, he was best known for the ITV current affairs programme The Cook Report The investigative journalist Roger Cook, best known for the current affairs programme The Cook Report, has died aged 83, his family said in a statement.A statement from ITV on Monday said: “In a career spanning an incredible five decades, Roger Cook’s ground-breaking approach to investigative journalism made him one of broadcasting’s most trusted and respected figures. Continue reading...

• Federal Reserve Governor Lisa D. Cook said in a May 27 speech that rapid advances in large language models and agentic AI systems are introducing new ways to detect, exploit, and create vulnerabilities in financial systems. • Cook argued that experimentation with AI must be matched by “strong governance and risk management,” framing AI adoption as both an opportunity and a security challenge for banks and regulators. • The remarks matter because they come from a senior U.S. policymaker focused on how AI could affect the economy, financial stability, and institutional risk controls.

‘Clinical consensus statement’ also urges heart doctors to advise patients to not eat late at night, and chew slowlyWant to reduce your intake of ultra-processed food? If so, cook at home more often, don’t eat late at night and chew your food more slowly.Those are among some of the tips doctors have offered to help people limit the amount of UPF they consume given the acute and growing danger it poses to human health worldwide. Continue reading...

Company reported $111.2bn in revenue in first earnings report after announcement of Cook’s pending departureApple blew past Wall Street expectations in its first earnings report since it announced CEO Tim Cook would be stepping down.Cook reported Apple’s “best March quarter ever” and “double-digit growth across every geographic segment”. He also noted “extraordinary demand for the iPhone17 lineup”. Continue reading...

Cook, who will assume the role of executive chair, will be succeeded by John Ternus as CEO on 1 SeptemberApple announced on Monday that it had named a replacement for Tim Cook as CEO, with head of hardware engineering John Ternus to succeed him. Cook will stay at the company in the role of executive chair.“It has been the greatest privilege of my life to be the CEO of Apple and to have been trusted to lead such an extraordinary company. I love Apple with all of my being,” Cook said in a press release. Continue reading...

Agreement comes after Wellington halted millions in aid to its former colony after Cook Islands formed strategic partnership with Beijing New Zealand and the Cook Islands have signed a defence and security declaration, ending a year-long diplomatic row that erupted after the Cook Islands struck strategic agreements with China.The Cook Islands was a dependent New Zealand colony from 1901-65 but has since operated as a self-governing nation in “free association” with New Zealand. Its roughly 17,000 citizens hold New Zealand citizenship. There are obligations between the two nations to regularly consult on matters of defence and security. Continue reading...