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    Tech Giant

    A great American loss: Apple visionary Steve Jobs dies at age 56

    Chris Baldwin
    Oct 5, 2011 | 7:05 pm
    • Steve Jobs
      Photo via International Business Times
    • The front page of the Apple.com website

    Apple visionary Steve Jobs died on Wednesday at the age of 56. The man who changed the world of computers and spearheaded innovations like the iPhone and iPad was battling pancreatic cancer and only resigned from Apple on Aug. 24.

    Jobs co-founded Apple in 1976. And his influence would extend even beyond computers to revolutionizing the worlds of music and movies.

    Jeffrey Katzenberg, chairman and CEO of DreamWorks, calls Jobs as "the Thomas Edison of our time. And in the way that Edison affected so many businesses, so did Steve Jobs."

    Jobs has been battling cancer for eight years, but the suddenness of his death — coming less than two months after he stepped down — has shocked many.

    Jobs has been battling cancer for eight years, but the suddenness of his death — coming less than two months after he stepped down — has shocked many and made the impact even greater. Jobs' story is in many ways an all-American success tale. He dropped out of college, but ended up being regarded as "The Father of the Computer Revolution" by age 29.

    But his comeback, returning to save Apple after being forced out of the company and bringing it to its current wow-factor heights may have been an even greater accomplishment.

    Jobs was anything but a mild-mannered computer nerd. Even his competitors cited his charisma and he was known for often ignoring the advice of others and following his instincts, building a reputation as being much more of a dictator leader than some new-age consensus builder. Jobs also turned product unveilings into Internet shows, commanding the stage in his distinctive black turtlenecks and jeans.

    "We are deeply saddened to announce that Steve Jobs passed away today," Apple's board of directors said in a statement. "Steve's brilliance, passion and energy were the source of countless innovations that enrich and improve all of our lives. The world is immeasurably better because of Steve. His greatest love was for his wife, Laurene, and his family. Our hearts go out to them and to all who were touched by his extraordinary gifts."

    Soon the tributes would come rolling in at the speed of the technology Jobs helped create.

    "I’m truly saddened to learn of Steve Jobs’ death," Microsoft co-founder Bill Gates said in a statement. "Melinda and I extend our sincere condolences to his family and friends, and to everyone Steve has touched through his work. Steve and I first met nearly 30 years ago, and have been colleagues, competitors and friends over the course of more than half our lives.

    "The world rarely sees someone who has had the profound impact Steve has had, the effects of which will be felt for many generations to come.

    For those of us lucky enough to get to work with him, it’s been an insanely great honor. I will miss Steve immensely."

    unspecified
    news/innovation

    Cashing In

    Texas cashes in among top-10 best U.S. state economies in 2026 report

    Amber Heckler
    Jun 3, 2026 | 9:00 am
    Outline map of texas with transparent american dollar banknotes
    Getty Images
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    A new study gauging the success or decline in economic performance in every state has revealed Texas' economy remains stable in 2026 after it dropped out of the top five to No. 8 last year.

    Texas boasts the No. 8 best state economy in the U.S. this year, according to WalletHub's annual "Best & Worst State Economies" report. The personal finance website's analysts ranked all 50 states and the District of Columbia across 28 relevant metrics to measure each state's economic activity and health status, and its "innovation potential."

    Notably, Texas leads the nation for the most exports per capita in the U.S. in a five-way tie with Louisiana, Kentucky, North Dakota, and Indiana. Across the study's three main categories, Texas ranked highly for its economic activity (No. 7) and economic health (No. 11), and the state's "innovation potential" rank is the 24th best in the nation.

    This is how WalletHub ranked Texas' economic performance, where No. 1 is considered the best and No. 25 is considered average:

    • No. 6 – Change in non-farm payrolls
    • No. 8 – Change in GDP
    • No. 8 – Startup activity
    • No. 11 – Annual median household income
    • No. 18 – Government surplus/deficit per capita
    • No. 21 – Percentage of jobs in high-tech industries
    • No. 30 – Unemployment rate
    WalletHub previously ranked Texas one of the top three states to start a business in 2026, with Houston earning its own entrepreneurial acclaim in separate rankings of the best big cities for new businesses and for starting a career.

    "U.S. economic growth depends heavily on the performance of individual states, and some contribute more than others," the report's author wrote. "For example, California, Texas, New York and Florida have economies so large that if they were countries, they would rank in the top 20 in the world."

    The five states with the worst state economies in 2026 are Rhode Island (No. 47), Maine (No. 48), Louisana (No. 49), Kentucky (No. 50), and West Virginia (No. 51).

    The top 10 best state economies for 2026 are:

    • No. 1 – Massachusetts
    • No. 2 – Washington
    • No. 3 – Utah
    • No. 4 – California
    • No. 5 – Delaware
    • No. 6 – North Carolina
    • No. 7 – New York
    • No. 8 – Texas
    • No. 9 – Colorado
    • No. 10 – Florida
    wallethubtexasinnovationeconomy
    news/innovation

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