Apple plans to add 20,000 jobs, new campus in the US
Apple is determined to show that it's investing in the US economy despite its tax moves and foreign manufacturing . The company has announced a slew of investments it claims will pump a total of $350 billion into the US economy, highlighted by its focus on (what else) jobs. It expects to spend $30 billion in capital expenses that will create more than 20,000 new positions over the next 5 years, both at its existing buildings and a new location (to be unveiled later in 2018) that will initially focus on tech support. It's also pouring more cash into domestic manufacturing. The company is swelling the size of its Advanced Manufacturing Fund from $1 billion to $5 billion, which should both help existing American suppliers and foreign firms looking to set up shop in the US. Apple also says it will back the next generation of students. It's expanding its current efforts to support coding and STEAM (Science, Technology, Engineering, Arts and Math) programs and adding new p...