Apple Inc. shares traded little changed Wednesday after the company said it planned to contribute $350 billion to the U.S. economy over the next five years, through new jobs, a new campus, and investments in data centers. In a release issued Wednesday afternoon, the company announced that it would build a second headquarters in a city to be named later on in the year. Apple also said it would add more than 20,000 jobs, on top of its current 84,000. The firm plans to boost its Advanced Manufacturing Fund, which helps domestic manufacturers, from $1 billion to $5 billion. Apple added that the new tax bill should prompt the company to repatriate $38 billion. “A payment of that size would likely be the largest of its kind ever made,” the company said in its release. Apple’s stock is up 47% over the last 12 months, while the Dow Jones Industrial Average is up 31%.
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