


Apple to spend $1b on U.S. manufacturing

Matt Dunham / AP

Apple CEO Tim Cook told CNBC the company's going to create a billion-dollar fund to promote advanced manufacturing jobs.

Our thought bubble: Apple has $250 billion in cash and President Trump is known for praising companies that take steps to promote U.S. manufacturing (and browbeating those that don't) so this could be smart politics at a good price.