Apple, Returning Overseas Cash, to Pay $38 Billion Tax Bill

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Apple Inc. said it will bring hundreds of billions of overseas dollars back to the U.S., pay about $38 billion in taxes on the money and spend tens of billions on domestic jobs, manufacturing and data centers in the coming years. The iPhone maker plans capital expenditures of $30 billion in the U.S. over five years […]


‘Is this real?’ Obama lets America know who to thank for growing economy [video]

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The economic news these days hasn’t been all bad, and former President Barack Obama was there this week to let Americans know who to thank: .@BarackObama: "We saw the U.S. economy grow consistently. We saw the longest streak of job creation in American history by far, a streak that still continues… Thanks, Obama." — […]