Trump Lauds Apple's Abroad Money Return as 'Large Win' for US

Alfred Osborne
January 21, 2018

The tech giant also plans to build a new campus and create 20,000 new jobs in the US. Apple's headquarters are in Cupertino, Calif. Austin is home to Apple's second largest campus.

"We've narrowed the list a lot", Cook said in an interview with ABC News as he discussed the potential sites for the new green-energy campus. "... Instead of a onetime kind of bonus, we wanted to do something that lasts a longer period of time".

A South Korean consumer group has filed a criminal complaint against Apple Inc CEO Tim Cook over slower iPhone devices, after probes in Europe into allegations the firm had deliberately shortened the life of its handsets.

Apple is stepping up its US investment and touting those it has already made, after being one of the companies targeted by President Donald Trump for sending jobs overseas.

"Combining new investments and Apple's current pace of spending with domestic suppliers and manufacturers - an estimated $55 billion for 2018 - Apple's direct contribution to the U.S. economy will be more than $350 billion over the next five years, not including Apple's ongoing tax payments, the tax revenues generated from employees' wages and the sale of Apple products".

Under Trump, parks to stay open even if government shuts down
According to the National Park Services' new contingency plan , the parks will remain open and emergency safety crews will be active, but many amenities will not be provided.

Man shot and killed in Abbotsford, BC
Police expect him to appear in court on Monday, on two counts of First Degree Homicide, and one count of Attempted Homicide. Anyone with information is asked to call the IHIT tip line at 1-877-551-4448, or Crime Stoppers at 1-800-222-8477.

Another porn star found dead
According to Daily Star , "The porn industry is facing a crisis after the death of a number of girls in the last two months". She posted a mysterious last Tweet only three days back which read: "I feel it all around, nothing alarms me any longer".

Apple has announced plans to contribute $350 billion to the United States economy over the next five years by creating thousands of new jobs.

In its December approval of the most extensive tax-code revisions since 1986, Congress scrapped the previous global tax system for corporations - an unusual arrangement that allowed companies to defer U.S. income taxes on foreign earnings until they returned the income to the U.S. That "deferral" provision led companies to stockpile an estimated $3.1 trillion offshore and many were criticized for the moves, including Apple.

"Combining new investments and Apple's current pace of spending with domestic suppliers and manufacturers-an estimated $55 billion for 2018-Apple's direct contribution to the USA economy will be more than $350 billion over the next five years, not including Apple's ongoing tax payments, the tax revenues generated from employees' wages and the sale of Apple products".

The company said that figure included both new investments and current spending on domestic supplies and manufacturing partners, but not its ongoing tax payments, taxes from employee wages, or money generated through the sale of Apple products in the U.S. The controversy led to Chair of the Commerce, Science and Transportation Committee John Thune writing a letter to Cook, demanding answers from Apple. The company said the location will be announced later this year. "Maybe we should have been clearer as well, so we deeply apologize for anyone who thinks we have some other kind of motivation".

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