The Dow Jones industrial average just did something it has never done in its 121-year history…
Tag: repatriation taxes
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…
GOP tax cut plan sets 15.5% repatriation rate on offshore cash; 8% if invested in plants and equipment
The top tax rate that U.S. companies would pay on an estimated $3.1 trillion in earnings…
GOP eyes taking bigger bite from Apple, others holding cash overseas to seal President Trump’s tax cuts
Republican tax negotiators, aiming to finalize their nearly $1.5 trillion in tax cuts on Friday…
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…
The end to Apple’s cash dilemma
In fiscal 2017, Apple’s $50 billion of free cash flow was $2 billion more than free cash produced by Alphabet, Facebook, and Amazon combined…
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…
Apple could be biggest beneficiary of Republican tax reform plans, saving at least $47 billion
Apple will see as much as $47 billion slashed from its expected tax liability if Republicans push through their current tax plan, a figure that exceeds the annual profits of any other US company…
Dow soars 203 points higher to record as Wall Street cheers U.S. Senate passage of major tax bill
U.S. stocks traded sharply higher on Monday as investor sentiment was boosted the Senate…
Dow and S&P 500 hit all-time highs as chance of passing U.S. tax reform bill increases
Tax reform was one of President Trump’s main talking points during his campaign last year…
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…
Oracle joins Apple in support of President Trump’s tax repatriation plan
Oracle’s co-chief executive Mark Hurd has pledged support to any tax change that allows the company…
‘Paradise Papers’ leak reveals how the rich use tax havens, from Apple Inc. to Bono to Queen Elizabeth
“The ‘Paradise Papers’ leak has put a spotlight on how the rich use offshore tax havens…
Apple CEO Tim Cook: U.S. tax reform should have been done years ago
Tax reform is sorely needed and should have been done years ago, Apple CEO Tim Cook says…
American consumer confidence soars to highest level since December 2000
American consumer confidence increased to its highest level in almost 17 years…
President Trump’s tax plan aims new foreign tax at Apple, other multinationals
President Donald Trump and congressional Republicans proposed a little-noticed, brand-new tax that may hit companies like Apple Inc…
President Trump’s tax cuts could be YUGE for Apple
Tax cuts proposed by President Donald Trump and the Republicans could be huge…
GOP tax plan calls for cutting the corporate tax rate from 35 percent to 20 percent
President Donald Trump and congressional Republicans are proposing a tax plan that they say will be simple and fair…
Goldman Sachs sees $1 trillion in U.S. tax cuts coming
Goldman Sachs economists say it’s more likely Congress approves tax cuts by…
Apple sells $5 billion of debt to finance buybacks and dividends
Apple Inc. sold bonds again to finance its current round of share buybacks and dividends…
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…
Apple’s debt binge
A few years ago, the Steve Jobs era of Apple – during which it issued no debt – ended…
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…
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…
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…
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…
Apple’s billion-dollar advanced manufacturing investment is a blueprint for U.S. job growth
Add Apple to the list of companies trying to make nice with the Trump administration…
Apple: We are one of the biggest job creators in the U.S., responsible for two million jobs in all 50 states
Apple Inc. has debuted a new sectiojn on their website detailing their role in U.S. job creation…
Apple to invest $1 billion to promote manufacturing jobs in the U.S.
The fund comes as President Donald Trump has made bringing back manufacturing jobs a big part of his agenda…
Apple’s top manufacturing partner to meet with U.S. President Trump today
Chairman Terry Gou of key iPhone assembler Hon Hai Precision Industry, also known as Foxconn Technology Group, is set to meet U.S. President Donald Trump in Washington…
How President Trump can get another win
Today, stocks were up nicely, the dollar was stronger, and yields ticked up…
Apple could help Westinghouse in completing new nuclear plants
A successful investment bid could have a major positive impact on electricity customers in Georgia and South Carolina…
Apple signs two-year contract with Samsung for up to 92 million OLED iPhone displays
Apple reportedly has signed a two-year contract with Samsung Display for the supply…
U.S. private sector job creation remains strong as employers add 263,000 private-sector jobs
Private-sector hiring this year remained strong as employers reported adding more workers to their payrolls in March than expected…
What President Trump could do to lift Apple shares to $175
One reason why you may want to raise a Guinness to President No. 45…
U.S. Consumer Comfort Index hits highest level in a decade
Americans’ confidence continued to mount last week as the Bloomberg Consumer Comfort Index…
