Submitted via IRC for TheMightyBuzzard
Apple CEO Tim Cook said that his company will start a $1 billion fund 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.
[...] As advanced manufacturing jobs are in high demand in the U.S., the sector was already high on Apple's list of priorities, and Cook hopes the investment will spur even more job creation.
(Score: 2) by butthurt on Monday May 08 2017, @10:46PM
Apple's market capitalisation was over $800 billion today; its stock price reached a new high:
The stock ran up as much as 3.2% to an all-time intraday high of $153.70 in afternoon trade. At that price, and with 5.21 billion shares outstanding as of March 31 according to filings, Appleās market capitalization reached $801.37 billion.
-- https://secure.marketwatch.com/story/apples-stock-jumps-to-another-record-after-warren-buffett-nearly-triples-his-investment-2017-05-08 [marketwatch.com]