Another analyst said, “Cook continues to prove that he is 10% politician and 90% CEO,” referring to the Apple chief executive.
The final detail worth noting is that JPMorgan—in addition to Morgan Stanley, Citigroup, Wells Fargo, and Bank of America—scaled back its public support for diversity and equity this month. It’s a quiet acknowledgement that Wall Street is suddenly less keen on social activism.
The iPhone giant's $500bn investment plan includes a new factory in Texas, as well as money spent on suppliers.
Amid Donald Trump-imposed tariffs, Apple has announced what it called largest-ever spending commitment, $500 billion over four years.
The iPhone maker's announcement comes just days after the company’s CEO Tim Cook met with President Donald Trump amid concerns about the impact of tariffs.
CEO Tim Cook met President Donald Trump at the White House yesterday to discuss the impact of tariffs on iPhone sales. The
Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.
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