Apple announced it will build a $1 billion new corporate campus in Austin. The new campus could eventually create 15,000 jobs as the iPhone maker makes good on its promise to add to the U.S. economy. The tech giant will also establish new offices in Seattle, San Diego, and Culver City, adding as many as 1,000 jobs for each city. Earlier this year, Apple announced it would invest $30 billion in capital spending in the U.S. over five years, creating more than 20,000 jobs. The new 133-acre Austin campus will initially house technical support for customers and be located less than a mile from Apple’s existing facility.
Feelin’ The Love…
Procter & Gamble, maker of Tide and Old Spice, will acquire health and beauty startup Walker & Company. Financial terms were not disclosed. Walker & Co. , founded in 2013, makes razors, trimmers,
shave kits, lotions, and grooming products geared toward people of color. Its men’s line, Bevel, is designed to reduce razor bumps and irritation for men with coarse or curly hair, while Form, a premium shampoo and hair care line, is tailored for women with textured hair. Bevel and Form, will become a wholly owned subsidiary which will be lead by founder Tristian Walker.
Asia: Asian stocks closed higher on Thursday as calm seems to have come back in fashion.
Europe: European stocks closed higher on news trump is more confident about a deal with China
U.S: U.S. markets closed higher on Wednesday as investors found reasons to believe. DJIA: +157.03 24,527.27 NASDAQ: +66.48 7,098.31 S&P: +14.29 2651.07
Word of The Day:
Russell 2000 Index
An index which measures the performance of approximately 2,000 small-cap companies of the Russell 3000 Index (an index made up of 3,000 biggest U.S stocks). The Russell 2000 serves as a benchmark for small-cap stocks in the United States.
In Dinner or Drink:
1 cup skim milk
1 1/2 tsp instant coffee
2 drops brandy or rum flavoring
1 dash cinnamon
In a blender, combine milk, coffee, sweetener and extract. Blend until coffee is dissolved. Serve with a dash of cinnamon. For a hot drink, pour into a mug and heat in a microwave.