Apple is increasing the size of their Advanced Manufacturing Fund from $1 billion to $5 billion…
Tag: Trump administration
Apple expected to issue less debt in 2018 now that President Trump has signed the Tax Cuts and Jobs Act
We expect IG tech issuance to be down year-over-year for the first time in about eight years…
Why would any shareholder complain about Apple using repatriated funds for buybacks?
Sure, many of the leaders from Silicon Valley won’t experience a massive tax break…
Apple to take 25% stake in… Apple Inc.?
To provide support for shares as iPhone unit growth slows, and services and other businesses…
UBS: Buy Apple as company could acquire more than $120 billion of its stock in two years
Apple’s capital return program will get much larger, according to one Wall Street firm…
GBH: Apple likely to repatriate $200 billion of its $252 billion foreign cash hoard
Could an expected windfall of billions of dollars from the tax break on repatriated overseas cash…
U.S. job-cut announcements hit lowest level since 1990
The passage of the tax bill has prompted unprecedented hiring plans for 2018…
No, Apple won’t buy Netflix when they repatriate their billions
Don’t expect Apple to buy Netflix this year with the billions of dollars they’ll soon be repatriating…
Citi analysts: 40% chance Apple will acquire Netflix now that President Trump’s corporate tax cut has been passed
Citi analysts recently sent a note to clients saying there is a 40% chance that Apple will buy Netflix…
China offers tax incentives to persuade U.S. companies like Apple to stay
In a bid to keep American businesses from taking their profits out of China following Washington’s overhaul of the United States tax code…
Apple expected to repatriate $214 billion to the U.S.; expect increased buybacks and dividends, not big acquisitions
With the new tax structure we expect Apple will bring $214 billion back to the U.S…
How Apple will win (and lose) under President Trump’s tax cuts
The Republican tax bill now awaiting President Trump’s signature has two major pieces of good news for Apple…
Apple notches big league win with U.S. Republican tax cuts, but faces snag with taxes on foreign patents
The U.S. Republican tax overhaul passed by Congress this week will allow Apple Inc. to bring back its $252.3 billion…
Congressional Republicans deliver epic overhaul of U.S. tax laws to President Donald Trump
The House overcame a final hurdle by voting Wednesday to approve a sweeping overhaul of the nation’s tax code…
Republican-controlled U.S. Congress poised to approve biggest tax system overhaul in 30 years
There is little standing in the way of the Republican party’s first major legislative triumph under President Donald Trump…
President Trump signs law banning Russian Kaspersky Labs software from U.S. government agencies
President Trump has signed into law an order banning the use of Kaspersky Lab products…
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…
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…
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…
U.S. judge orders new trial to decide how much Samsung owes Apple for copying iPhone
U.S. District Judge Lucy Koh in San Jose, California issued an order late on Sunday…
U.S. Supreme Court asks Trump administration for advice on a consumer lawsuit accusing Apple of monopolizing iPhone apps market
The Supreme Court asked the Trump administration for advice on a consumer lawsuit that accuses Apple…
Trump administration backs Apple, says Supreme Court should deny Samsung’s most recent cert petition
A few months after the Supreme Court of the United States requested the Trump Administration’s perspective…
Trump administration looks to kill the Social Security number
The administration of President Donald Trump is exploring ways to replace the Social Security number…
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…
Trump administration orders purge of Kaspersky products from U.S. government
The Trump administration on Wednesday told U.S. government agencies to remove Kaspersky Lab products…
The Trump administration asked Apple, Google and other tech giants to help upgrade government tech
The White House has asked the likes of Apple, Amazon, Oracle and Qualcomm to lend some of their digital expertise…
New U.S. government data on H-1B visas prove that IT outsourcers hire a lot but pay very little
A small number of IT outsourcing companies get a disproportionately high number of H-1B visas and pay below-average wages to their workers…
Apple CEO Cook opposes President Trump’s reinstatement of the military’s ban on transgender service members
Gen. Joseph Dunford, the chairman of the Joint Chiefs of Staff, has issued guidance to military commanders…
Apple will eventually bring billions of dollars back to the U.S. under President Trump’s tax reform plan
The Trump administration has asked for a 10% repatriation holiday…