Apple CEO Tim Cook announced on Wednesday that his company will begin a campaign to promote advanced manufacturing jobs in the United States with a $1 billion fund.
Hoping the investment will help to create more jobs, Cook told CNBC “Mad Money” host Jim Cramer on Wednesday that Apple plans to announce the first investment later this month. Already, the tech giant has created two million jobs in the United States.
“We can be the ripple in the pond,” said Cook. “Because, if we can create many manufacturing jobs around … those manufacturing jobs create more jobs around them because you have a service industry that builds up around them.”
Cook explained that his company’s values dictate a certain amount of “giving back” to its “community… and country.”
He said, “So, how do you give back? We give back through our work in the environment, in running the company on renewable energy. We give back in job creation.”
TEAM DML blankets on sale now for Christmas (BUY NOW)
If you would like to receive Breaking News text alerts on a smartphone or tablet, download the DML APP which is completely FREE and easy to use. Go to the Google Play Store or the IOS App Store and search for DML APP. Be sure to keep the app’s notifications setting on. Another way to receive alerts is to text to 40404 the following message: follow @realdennislynch (be sure to put a space between the word follow and the @ symbol).
To see more stories like this, sign up below for Dennis Michael Lynch’s email newsletter.
Sign up to get breaking news alerts from Dennis Michael Lynch.
TRUMP WIN! US jobless rate numbers are in…