UPDATE 1-Apple to create $1 billion U.S. advanced manufacturing fund

SAN FRANCISCO, May 3 (Reuters) - Apple Inc plans to create a $1 billion fund to invest in U.S. companies that perform advanced manufacturing, Chief Executive Officer Tim Cook said on Wednesday, the iPhone maker's latest effort to show how it is creating U.S. jobs.

by reutersCOMPANYNEWS via Endless Supplies .Biz - News