Apple has typically not made large acquisitions…
Tag: macroeconomy
President Trump personally calls Apple CEO Cook, thanks him for $350 billion investment pledge
President Donald Trump said Thursday he personally called Apple CEO Tim Cook to thank him…
Here’s what Wall Street thinks of Apple’s cash repatriation plan
Returning its overseas cash could net Apple Inc. $207 billion after taxes, according to an estimate…
Why a record $38 billion U.S. tax payment is a good deal for Apple
Apple has faced mounting criticism in recent years for avoiding taxes in the US and Europe…
‘We want to help America,’ Apple CEO Tim Cook says of moving foreign money back to the U.S.
In an ABC News exclusive interview with Apple CEO Tim Cook…
Apple to build new U.S. campus, pay record $38 billion repatriation tax
Apple’s $38 billion tax commitment is the largest such sum announced in response to the major overhaul of the U.S. tax code that President Donald Trump signed into law…
Apple gives employees $2,500 bonuses after President Trump signed the GOP’s Tax Cuts and Jobs Act
Apple Inc. told employees Wednesday that it’s issuing a bonus of $2,500 worth of restricted stock units…
Looks like Apple is bringing nearly all of its $250 billion foreign cash back home to America
Apple, already the largest US taxpayer, anticipates repatriation tax payments of approximately $38 billion…
Apple plans to add $350 billion to U.S. economy and create over 20,000 new jobs over next 5 years, pay $38 billion in repatriated taxes, the largest ever made
Apple is increasing the size of their Advanced Manufacturing Fund from $1 billion to $5 billion…
U.S Treasury: 90% of U.S. workers likely to see more money in take-home pay next month
The U.S. Treasury and the IRS on Thursday put out new guidance and withholding tables for employers…
U.S. sees strongest holiday sales since 2010
Growing wages, stronger employment and higher confidence led consumers to spend more than had been expected…
Dow, S&P 500 and Nasdaq rocket to new all-time records
Economists say President Donald Trump has had generally positive effects on U.S. economic growth…
Australian retail sales surge on Apple iPhone, Black Friday bonanza
Australian retail sales surged past all expectations in November as consumers splashed out on Apple iPhones…
U.S. job-cut announcements hit lowest level since 1990
The passage of the tax bill has prompted unprecedented hiring plans for 2018…
S&P 500 and Nasdaq rise to records on first trading day of 2018
Last month, President Donald Trump signed a bill that slashed the corporate tax rate in the U.S…
Holiday spending on track to be highest in at least 12 years
Buoyant American attitudes on the economy look set to show up in plentiful, record-setting holiday spending…
Dow rises 5,000 points in a year for the first time ever
The Dow Jones industrial average just did something it has never done in its 121-year history…
U.S. economic optimism soars
A near record number expect the economy to improve in the next year causing President Trump’s approval rating to jump…
Finisar deal helps Apple block Android rivals’ path to AR features
Apple Inc’s million deal with chip supplier Finisar Corp announced on Wednesday helps lock in…
Apple makes Trump-friendly investment in Finisar
Apple’s $390 million may go further than many think…
Apple is backing up iPhone X’s Face ID and AirPods with American jobs
In May, Apple pledged $200 million to glass manufacturer Corning…
How Apple and Finisar are transforming the future of Sherman, Texas
The 700,000-square-foot plant expects to begin shipping in the second half of 2018, and its output will make Sherman the VCSEL capital of the US…
Apple awards $390 million to VCSEL-maker Finisar; award will create 500 high-skill jobs at Sherman, Texas facility
VCSELs power some of Apple’s most popular new features, including Face ID, Animoji and Portrait mode selfies made possible with the iPhone X TrueDepth camera, as well as the proximity-sensing capabilities of AirPods…
U.S. employment jumps more than expected in November, boosts U.S. stocks
A stronger-than-expected pickup in U.S. hiring boosted stocks Friday…
U.S. third-quarter GDP revised to three-year high of 3.3%
The U.S. economy’s growth rate last quarter was revised upward to the fastest in three years on stronger investment…
Goldman Sachs sees U.S. unemployment rate hitting lowest level since the late-1960s
The U.S. economy is heading into 2018 with strong momentum that’s likely to boost wages…
American consumer confidence soars to highest level since December 2000
American consumer confidence increased to its highest level in almost 17 years…
U.S. jobless claims plunge to lowest level since 1973
Jobless claims are at the lowest level in more than four decades, indicating employers…
U.S. economy picks up steam; second-quarter GDP up 3.0% reflecting robust consumer spending and strong business investment
Overall Obama presided over the worst recovery since the Great Depression. President Trump’s term has begun with gains that are likely to accelerate…
U.S. retail sales record biggest increase in seven months
U.S. consumers boosted purchases of motor vehicles as well as discretionary spending…
U.S. consumer confidence shows Americans upbeat on jobs, economy
Share of respondents citing ‘good’ business conditions rose to the highest level since early 2001…
Federal Reserve Chair Janet Yellen fuels stock market rally
Stocks were at session highs on Wednesday, July 12, as congressional testimony from Federal Reserve Chair Janet Yellen…
Amid President Trump’s ‘Made in America’ push, six U.S. states vie for Foxconn’s $10+ billion U.S. display factory
President Donald Trump has called for firms to build more products in the United States…
Dow surges 120+ points, hits new all-time high as tech stocks bounce
The S&P 500 also reached a record…
Apple leads Dow in tech stocks recovery
The Dow Jones Industrial Average and S&P 500 reached new highs to begin the week …
Made in America iPhones, after all? Apple supplier Foxconn considering iPhone plant in Wisconsin
President Donald Trump alluded to negotiations with an unspecified company during a visit to Milwaukee on Tuesday…
Fed raises interest rate, signaling confidence in American economy
Demonstrating confidence in the health of the American economy, the Federal Reserve..
SoftBank and Saudi Arabia settled their differences to create world’s biggest tech fund; $100 billion fund has won Apple’s commitment
Japan’s SoftBank Group Corp. is poised to launch the world’s biggest technology fund…
Jack Welch: Impeachment of President Trump would ‘blow the market away’
Welch said he would give Trump an ‘A’ on the policy front and in his Cabinet and Supreme Court picks…
Apple awards Corning $200 million in first Advanced Manufacturing Fund investment
Apple today announced Corning Incorporated will receive $200 million from Apple’s new Advanced Manufacturing Fund…
China Premier Li visits Apple supplier Foxconn after CEO’s meeting with President Trump
China is the best place for expanding manufacturing and investment, the country’s premier…
U.S. unemployment rate falls to 10-year low, Apple shares hit new all-time highs
Job creation in April bounced back from a disappointing March…
