Apple is planning to build a new corporate campus and hire 20,000 US workers in an expansion driven in part by a tax cut that will enable the iPhone maker to take an estimated $245bn (£177bn) back to its home country. The Apple pledge, announced on Wednesday (17 January), comes less than a month after Congress approved a sweeping overhaul of the US tax code championed by President Donald Trump that will increase corporate profits. Besides dramatically lowering the standard corporate tax rate, the reforms offer a one-time break on cash held overseas. Apple plans to take advantage of that provision by taking back most of its offshore cash, generating a tax bill of about $38bn based on the temporary tax rate of 15.5 percent on foreign profits. Apple has earmarked about $75bn of the money currently overseas to finance $350bn in spending during the next five years. The spree will include the new campus, new data centres and other investments. Most of that $350bn reflects money that … [Read more...] about ‘Thank you Donald Trump’: President praised on social media following Apple’s 20,000 jobs revelation
Donald trump presidency
AFTER the maverick Republican candidate pulled off a shock victory in the race for the White House, the world is now wondering what a Donald Trump Presidency would look like.Here’s a breakdown of what might happen now the firebrand billionaire has become Commander in Chief.Trump has promised to start deporting “more than two million criminal illegal immigrants” straight away.He has also threatened to cancel visas to any country that refuses to accept its people being returned.So if Britain did not allow the illegal aliens back into the country, none of our citizens would be given US visas.The White House hopeful has promised a 35 per cent reduction in tax for middle-class families with two children.He has also proposed a 20 per cent reduction in the business rate.Trump’s economic plan would move all Americans into three tax brackets, down from the current seven.The top bracket for couples making more than $225,000 a year would pay 33%; the … [Read more...] about What happens now Donald Trump has won the US Election and what can we expect from the new President?
THE prophetic Simpsons writer who predicted a Donald Trump presidency has explained it was a "warning to America".The episode Bart To The Future aired 16 years ago and features a grown-up Lisa as US president.Lisa then speaks to a group of advisers, including a grown-up Milhouse, about "inheriting quite a budget crunch from President Trump".Dan Greaney, a long-time writer on the show, has explained: "It was a warning to America."That just seemed like the logical stop before hitting (rock) bottom."It was consistent with the vision of America going insane."What we needed was for Lisa to have problems beyond her fixing, that everything went as bad as it possibly could, and that's why we had Trump be president before her".James L Brooks, executive producer of The Simpsons, tweeted after Trump's election: "F**k disillusionment!"Greaney, who also produced episodes of the US version of The Office said: "The Donald Trump that we were writing about was kind of a lovable, over-the-top … [Read more...] about Simpsons writer reveals how they predicted the ‘insane’ scenario of Donald Trump becoming president
AS the maverick Republican wins the race for the White House, the world is wondering what a Donald Trump presidency will look like.Here’s a breakdown of what might happen during the firebrand billionaire's tenure as Commander in Chief. Trump has promised to start deporting “more than two million criminal illegal immigrants” straight away.He has also threatened to cancel visas to any country that refuses to accept its people being returned.The White House hopeful has promised a 35 per cent reduction in tax for middle-class families with two children.The Donald is still guaranteeing to “build a wall” on the US’s border with Mexico and to get its government to pay for it.The businessman would tear up trade deals, particularly the recently signed Trans-Pacific Partnership agreement, which lowered tariffs with 11 other nations, including Australia and Canada.He would also “direct the Secretary of the Treasury to label China a currency … [Read more...] about What will the first 100 days of Donald Trump’s presidency look like?
COMEDIAN Chelsea Handler broke down during filming her TV show in the aftermath of Donald Trump's election victory.The outspoken Netflix host was overcome with emotion as she discussed the election result with Senator Barbara Boxer.An avowed Hillary Clinton supporter, Chelsea began sobbing on stage as she spoke of her devastation at the result that saw the former Secretary of State win the popular vote but lose the electoral college.She announced to the audience: "Oh God, I really hate f***ing crying," while trying to regain her composure."I really want to move to f****ing Spain," she later added as she tried to snap herself out of her mood and continue filming her show.Following the episode shoot, Chelsea later made her feelings even more clear with a picture of her bare back and bum bearing the words: "Trump is a butthole."The tone of Chelsea's Netflix chat show was decidedly sombre, with the warm up act warning the live studio audience that it wouldn't be business as … [Read more...] about Chelsea Handler breaks down during filming over Donald Trump’s presidency win – before flashing her bum to make her views clear
THE former head of the British Army has said bombastic billionaire and Republican presidential candidate Donald Trump could make the world a safer place.Former Chief of the Defence Staff Lord David Richards said the controversial candidate could "reinvigorate big power relationships", with his take on foreign policy making the world "ironically safer".Lord Richards said: "If countries and states could coalesce better to deal with these people – and I think Trump’s instinct is to go down that route – then I think there's the case for saying that the world certainly won’t be any less safe."It’s that lack of understanding and empathy with each other as big power players that is a risk to us all at the moment."Therefore I think he would reinvigorate big power relationships, which might make the world ironically safer."Speaking to The House magazine, Lord Richards said the biggest threat to national security was ISIS, rather than Trump.He said the reality star … [Read more...] about A Donald Trump presidency ‘could make the world safer’ by changing diplomacy says former head of British Army Lord David Richards
THOUSANDS of women are marching across Ireland today – joining a worldwide protest against Donald Trump.The rally – expected to draw in 2.2million people across the globe – is being held on the first full day of the billionaire businessman’s presidency.It has attracted celeb luvvies including singer Charlotte Church, rugby star Chris Robshaw and actress Drew Barrymore.The women who took part in the Dublin march gathered together for 12.30pm today and marched down the city's O'Connell Street.Marchers shouted "Love Trumps Hate" and carried signs saying "build bridges not walls" and “protect women's rights" while passing through the capital.Other marches for women's rights have been taking place in Galway and other cities around the country.There are demonstrations in the UK in Edinburgh, Lancaster, Leeds, Cardiff, Belfast, Liverpool, Bristol, Shipley and Manchester.Around the world, more than 30 countries are taking … [Read more...] about Women’s March sees celebs join hundreds of thousands of women from Dublin to Cape Town to protest at Donald Trump presidency
FOR die-hard Democrats holding out hope that they won’t have to live through a Donald Trump presidency, there is a last, incredibly long shot for them latch on to — a surprise twist in the Electoral College, the New York Post reports.Though Hillary Clinton won the popular vote by 200,000, Trump has won the minimum of 270 electoral votes necessary to be elected president. As of late Wednesday, he had 290 to Clinton’s 228.According to the Constitution, chosen electors of the Electoral College are the real people who will vote for president, when they meet on Dec. 19 in their respective state capitals.However, there is technically nothing stopping any of the electors from voting their conscience and refusing to support the candidate to whom they were bound, or from abstaining from voting altogether.There’s even a name for it: becoming a “faithless elector.”The idea of electors reversing their vote is rarely discussed — and was most recently … [Read more...] about Hillary Clinton could still beat Donald Trump to the White House in one possible scenario that could shake America
Legislation Read: Passengers stopped from boarding planes The drastic, yet expected, turnaround on refugee policy is on safe legal ground. However, it raises serious concerns about security policy. Read: Trump's change of course in refugee policy: legal but radical Read: Ethics lawyers file lawsuit against Trump alleging constitutional violation Europe and Trump The proposed wall along the US-Mexico border reawakened painful memories in the German capital. The mayor of Berlin riffed on a famous plea by former US President Ronald Reagan.Read: Berlin mayor Michael Müller tells Donald Trump: 'Don't build this wall!' Trump supporters in Europe kept a fairly low profile in the run-up to the elections. Now, US conservatives are starting to come out of the shadows.Read: Meet Trump's top campaigner in Brussels, no longer alone ‘Buy American, hire American' resounded out of Trump's inaugural speech. The German Economy Minister feels Europe can and should step in and fill … [Read more...] about What you should know about Donald Trump’s presidency so far
The image of the United States is in sharp decline across the world under the leadership of Donald Trump, a survey from the Pew Research Center shows. The survey, which covered 37 countries, showed US favorability ratings dropping to 49 percent just five months into Trump's presidency. This compares with 64 percent at the end of his predecessor Barack Obama's 8-year term in office. Read: 'Treat Donald Trump like a normal politician who is wrong about everything' Trump himself scored even lower in the survey, with just 22 percent of respondents saying they trusted him to do the right thing in international affairs, compared with 64 percent for Obama. The only two countries that saw ratings improve for Trump over Obama were Russia, where confidence in the US president rose to 53 percent from 11 percent, and Israel, where there was an increase of 7 points to 56 percent. Russia was also the only nation that the study found to have a large improvement in its image of the US, … [Read more...] about United States’ global image suffering under Donald Trump’s presidency: survey