Apple Announces $1 Billion Fund For U.S. Manufacturing Jobs - Is $230 Billion Repatriation Deal Next?
Yesterday in an interview with CNBC's Jim Cramer, Apple (AAPL) CEO Tim Cook said the tech giant would be devoting $1 billion to promote "advanced manufacturing" jobs in the United States.
"We're announcing it today. So you're the first person I'm telling," Cook told "Mad Money" host Jim Cramer on Wednesday. "Well, not the first person because we've talked to a company that we're going to invest in already," he said, adding that Apple will announce the first investment later in May. -CNBC